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Report finds West Palm Beach among most affordable downtowns in the country

Video Credit: WPTV News | West Palm Beach - Duration: 01:59s - Published < > Embed
Report finds West Palm Beach among most affordable downtowns in the countryReport finds West Palm Beach among most affordable downtowns in the country
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Report finds West Palm Beach among most affordable downtowns in the country

IS TOPPING NATIONAL LISTS FORONE OF THE MOST AFFORDABLEDOWNTOWNS.

WPTV NEWSCHANNEL5'S CHRIS GILMORE SPEAKS TOLOCALS AND REALTORS ON HOW WEMADE THAT LIST.<<CHRIS Whether youenjoying the water at theplaza or taking in the finedining options thereof reasons to want to live indowntown WPB and nowaffordability is one of them.PKG (NATS) A WALK THROUGHDOWNTOWN WEST PALM BEACH...SOT NATHAN BERRY 02:30:04“Lots of restaurants lots ofpeople walking around.

Itcleaned up a lot” VO SO MUCHITS GETTING NATIONALATTENTION.

A STUDY FROM GOBANKING RATES LIST WEST PALMBEACH AS HAVING THE 21st MOSTAFFORDABLE DOWNTOWN TO LIVEIN.

SOT NATHAN 03:13:16“Ifeel like Ivacation thatliving here” VO RESEARCHERSCOMPILED A LIST OF 30DOWNTOWNS USING CITYGOVERNMENT DATA AND WEBSITESLIKE ZILLOW AND REDFIN TOCOMPARE MEDIAN: HOUSE PRICE,RENT, UTILITIES AND PUBLICTRANSPORTATION.

REALTORS WEFOUND SAY WEST PALM ATTRACTSPEOPLE FROM BIG METRO AREASLIKE NEW YORK, CHICAGO, LA,AND MIAMI.

JD MCCLINTOCK/EXPREALTY 00:11:37-43“When Italk to clients that arecoming from those areas, thisplace looks super affordable.So itreall” VO THE STUDY LISTS THEMEDIAN COST OF RENT IN WESTPALM AT NEARLY 17 HUNDREDDOLLARS... MEDIAN HOME PRI345 THOUSAND.

SOT ALSUTTMEIER/VISITING WPB04:39:24-51“I was verysurprised to hear thathonestly it seems like therea lot of money around here,you know what I mean.

HE'S NOTWRONG - IF YOU LOOK DEEPER -THE STUDY LOOKS AT THE ENTIRE33401 ZIP CODE WHICH INCLUDESAREAS INSIDE AND*OUTSID* OFDOWNTOWN.

SOT JD 16:54:00 THESTUFF THATS GONNA BE CLOSESTTO CLEMATIS AND DOWNTOWN WATERIS GOING TO BE A DIFFERENTAFFORDABILITY THEN THAT THATSSET BACK FURTHER FROM THEWATER IN DIFFERENT AREAS SOYOU HAVE TO UNDERSTAND, EACHOF THESE ZIP CODES CAN BEBROKEN DOWN FURTHER AMD YOU'REGOING TO GET A DIFFERENT CROSSSECTION.

CHRIS Withaffordability comes increasedgrowth and according torealtors that means more homand rental options.




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