West Palm Beach: Once-hot market still in cooling stage

West Palm Beach: Once-hot market still in cooling stage

With a year's supply of homes and condos sitting on the market, the West Palm Beach-Boca Raton area of Florida has a ways to go before it can recover from the excesses of the real estate boom. The feverish buying and building spree peaked in the summer of 2005, and the market is still cooling.
There are, however, some signs that the worst might be in the past. Condo sales, which make up