As a West Palm Beach mortgage company, American Equity Mortgage is dedicated to assisting homeowners and homebuyers as they search for the right mortgage option for their unique financial needs. With a variety of mortgage opportunities, we have solutions for buyers in West Palm Beach and throughout Florida.
Buyers in Florida have an opportunity to take advantage of some of the most affordable purchase options in the nation. The average home value in West Palm Beach is $210,160* while the average rent price is $1,550 per month. Home values increased 10% January 2016 and January 2017, and are expected to increase an additional 1.4% in 2017.*
West Palm Beach is among the top 10 cities where buying a home is cheaper than renting, with savings of 53%. Nationwide, residents spend an average of 14.2% of their income on mortgage payments, compared to 29.3% for rent. This makes it more affordable than ever to purchase your Florida dream home.*