From the Palm Beach Post:

The housing market in Palm Beach County and the Treasure Coast has turned “brutal” and is getting worse, a veteran mortgage broker said Tuesday. The stark outlook came from William Davis, president of Private Funding Specialists Inc. in Palm Beach Gardens and past president of the Palm Beach County chapter of the Florida Association of Mortgage Brokers.

“I’ve seen some tough times, but I’ve never seen anything like this,” Davis told members of the Economic Forum of Palm Beach County.

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In the News by David F. Carr