OCF Capital, LLC

03/23/2026

The Palm Beach County housing market continues to show resilience and positive momentum as we progress through early 2026. According to the latest data from BeachesMLS (covering Broward, Palm Beaches, and St. Lucie Realtors®), February brought notable year-over-year gains in sales volume, steady price appreciation in single-family homes, and a tightening inventory that points to a competitive environment — especially for single-family properties. Here's a clear breakdown of the key trends for both single-family homes and townhouses/condos.

Single-Family Homes: Strong Demand and Price Growth

The single-family segment performed particularly well in February 2026 compared to the same month in 2025:

Closed Sales: 1,089 (up 7.9% from 1,009)
Cash Purchases: 512 (up 13.8% from 450): Highlighting the continued strength of cash buyers in the market
Median Sale Price: $675,000 (up 4.3% from $647,000): Reflecting solid appreciation without signs of overheating
Original List Price Received: 94.4% (slight improvement from 93.9%)
Median Days to Contract: 53 days (up 6.0% from 50 days), indicating homes are still moving relatively quickly
Active Inventory: 5,749 listings (down 8.6% from 6,292)
Months Supply of Inventory: 4.9 months (down 14.0% from 5.7 months): This level suggests a seller-leaning to balanced market for single-family homes, with less supply putting upward pressure on prices
Overall, single-family homes saw higher transaction volume, more all-cash deals, and reduced inventory, creating a tighter and more favorable environment for sellers.

Townhouses and Condos: Increased Activity with Slight Price Softness

The condo and townhouse market showed even stronger sales growth, though median prices dipped modestly:

Closed Sales: 758 (up 10.7% from 685)
Cash Purchases: 502 (up 12.6% from 446)
Median Sale Price: $315,000 (down 0.6% from $317,000)
Original List Price Received: 91.8% (minor uptick from 91.7%)
Median Days to Contract: 69 days (up 4.5% from 66 days)
Active Inventory: 7,323 listings (down 11.4% from 8,267)
Months Supply of Inventory: 8.9 months (down 11.0% from 10.0 months)
While prices softened slightly (possibly due to more options for buyers in this segment), the notable increase in closed sales and cash transactions, combined with declining inventory, indicates improving buyer interest and momentum heading into spring.

What This Means for Buyers and Sellers

Palm Beach County's market remains healthy and dynamic. Single-family homes are in especially short supply, which supports continued price growth and faster sales for well-priced properties. Condos and townhouses offer relatively more inventory (still trending downward), giving buyers a bit more negotiating room in that category.

Cash buyers continue to play a major role representing nearly half of single-family transactions and a similar share in condos, which underscores the appeal of the area for investors and relocators seeking stability.

As we approach the traditionally busier spring season, expect competition to heat up further, particularly for single-family homes. If you're considering buying or selling in Palm Beach County (including areas like West Palm Beach), now is a great time to consult local data and a trusted realtor to navigate these trends.

Data source: BeachesMLS: Broward, Palm Beaches & St. Lucie Realtors® (February 2026 report). Markets can shift quickly, so stay informed with the latest reports.

03/13/2026

Okay. This is the first post with OCF reborn because in 15 years of doing this I've probably given 500 presentations and in every one of those when I throw this graphic on the screen, all the cellphones come out to snap a picture. Every-single-time.

And pro-tip: As I always say, "there is no VIP section of the Good Credit club". That means pricing is exactly the same from a 741 FICO to 849. Once you are in the "very good" section, everything else is bragging rights.

03/09/2026

We are back. We never stopped, but we've consolidated, expanded, refocused, and rebranded.

01/26/2018

Trying to figure out how to transition this page, but Ocean Capital Funding, LLC is now OCF Financial, LLC.
Different name, same amazing company.

01/24/2018

Completing Your Final Walk-Through:

You put a lot of effort into finding the right house, and now that your closing is just days away, you're finally ready to start calling your new place home. Before this can happen, however, you should do a final walk-through of the property.

What is a final walk-through?
A final walk-through isn't a home inspection (that typically takes place in conjunction with your offer). It's not the time to request new repairs, either. Instead, this is an opportunity to make sure the condition of the home is as expected. Specifically, you'll want to confirm there haven't been any unexpected or unwanted changes made to the property.

What should you look for?
Make sure there isn't any move-out damage and that all your requested repairs have been made. You'll also want to check that no extra furnishings have been left behind and that everything included in the home price -- items like appliances, light fixtures or window blinds -- are in place and in good condition. Use a checklist to guide you through this process.

When does it take place?
The final walk-through can happen anywhere from a few days prior to your closing to just a few hours before.

Finally, be sure to bring a copy of your contract along for reference and consider asking your real estate agent or a home inspector to help you double-check everything and verify repairs. Remember, this is your last chance to give the property a good once-over before you legally claim it as your own.

01/22/2018

Sometimes we need to look for wisdom anywhere we find it. I was speaking to a Starbucks's corporate person recently and she shared with me their problem-solving matrix they call "LATTE". It stands for:
-Listen to the problem
-Acknowledge that it is valid
-Take Action (solve the problem)
-Thank the customer (client)
-Explain what happened so they understand

That was pretty good, I thought.

01/15/2018

Are you contemplating buying a condominium in Florida? The first thing you will need to determine is whether you are buying a “Warrantable” or “Non- Warrantable” Condo.

Conventional Mortgage Rules for Condos

The majority of home buyers use what's known as "conventional" mortgage financing. This means that their loan is backed by one of two government entities -- Fannie Mae or Freddie Mac -- and that the loan meets the two group's minimum standards.

With respect to condominiums, Fannie Mae and Freddie Mac use the term "warrantable" to describe condominium projects that meet their criteria. Condo projects and properties which don't meet Fannie Mae and Freddie Mac warrantability standards are known as “non-warrantable”. Non-warrantable condos can sometimes be more challenging to finance.

Typically, a condo is considered warrantable if:

No single entity owns more than 10% of the units in a project, including the developer
At least 51% of the units are owner-occupied
Fewer than 15% of the units are in arrears with their association dues
There is no litigation in which the homeowner’s association (HOA) is named
Commercial space accounts are 25 percent or less of the total building square footage

Because of these rules, some of the common property types which fall into the non-warrantable category include condotels, time shares, fractional ownership properties, and other projects which require owners to join an organization, such as a golf club.

Mortgages for Non-Warrantable Condos

For buyers of non-warrantable condos, mortgage financing can be more of a challenge. There are fewer lenders available from which to get a loan. In general, a condo or co-op unit is considered non-warrantable if it shows any of the following characteristics:

It's in a project which has yet to be completed
It's in a project for which the developer has not turned over control of the HOA
It's in a project which allows for short-term rentals
It's in a project where one person owns more than 10% of all units
It's in a project where the majority of units are "rentals"

In addition, a condo unit in a project involved in litigation of any kind will typically be given "non-warrantable" status. This is true regardless of whether the building is suing another party, or is the party being sued. Non-warrantable condo financing is unavailable via Fannie Mae and Freddie Mac.

01/15/2018

As Fort Lauderdale's local economy grows, so does interest in the Fort Lauderdale real estate market. Here is a look at our exclusive South Florida homes.

01/09/2018

Good news for South Florida...

Steep price incentives, a lack of new construction and a favorable tax environment all benefit Miami and Fort Lauderdale buyers

01/08/2018

Get your construction financing ready... the boom of 2018 is coming.

The construction industry finished the year with 35 percent more jobs added than in 2016. Now, the industry is even more optimistic.

01/08/2018

Thought for the day: