Palms Condominiums had no activity in the third quarter, this year or last. As of the time of this printing, there was one active unit on the market at Palms Condominiums, and it has been on the market for 60 days. Buyers are getting hit pretty hard with rising interest rates, steady or even slightly increasing prices and limited inventory. As has been previously reported, macroeconomic headwinds, both known and unknown, are making it a very tricky market to navigate for many buyers. The lack of inventory at Palms Condominiums is likely a bigger factor in the lack of activity.
