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banking Distressed Listings – What percentage of the market do they represent? It’s no secret that there are several potential short sale listings and bank foreclosures being offered in the Florida Keys real estate market.  Different property categories show different percentages of distressed properties. For instance, of the 185 open water homes currently listed in the Upper Keys, just 9 of them are being marketed as potential […]
Florida Keys 1st and 2nd Quarter of 2010 compared to 2009 When comparing the 1st and 2nd quarters of 2010 to last year, 2009, there are a few surprises.  Three things about these stats stand out from the rest: 1. Open water homes saw an increase in both number of closed transactions and average sales price 2. A large increase in the number of dry lot […]
Florida Keys 1st and 2nd Quarter of 2010 compared to 2009 When comparing the 1st and 2nd quarters of 2010 to last year, 2009, there are a few surprises.  Three things about these stats stand out from the rest: 1. Open water homes saw an increase in both number of closed transactions and average sales price 2. A large increase in the number of dry lot […]
contracts Pending Sales in the Florida Keys Curious to see what’s selling in the Florida Keys? We’ve put together a list of properties that are currently pending in Upper Florida Keys by category. Single Family Homes Condominiums & Townhomes Commercial Property Vacant Land These links are live and automatically update as properties go into pending status. 
contracts Pending Sales in the Florida Keys Curious to see what’s selling in the Florida Keys? We’ve put together a list of properties that are currently pending in Upper Florida Keys by category. Single Family Homes Condominiums & Townhomes Commercial Property Vacant Land These links are live and automatically update as properties go into pending status. 
Islamorada Islamorada Chamber of Commerce Oil Spill Town Hall Meeting The Islamorada Chamber of Commerce will host an Oil Spill Town Hall Meeting as an informational platform for local businesses and residents.  The meeting will be held Tuesday June 22, at 6:00pm at Island Christian Church mm 83.4.  Participants will leave the meeting with concrete “how-to” information they will need to protect themselves, their businesses […]
Uncategorized National Flood Insurance Program Update We are all eager to hear anything we can from Washington about the extension of the Flood Insurance Program (NFIP) but Congress is moving at a snail’s pace.  The NFIP extension is part of a much larger “extenders” package so there is plenty of controversy with various provisions.   The big problem right now is getting […]
Uncategorized National Flood Insurance Program Update We are all eager to hear anything we can from Washington about the extension of the Flood Insurance Program (NFIP) but Congress is moving at a snail’s pace.  The NFIP extension is part of a much larger “extenders” package so there is plenty of controversy with various provisions.   The big problem right now is getting […]
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banking Foreclosures in the Florida Keys Bank Owned Property Bank owned properties, also know as REO’s have begun to appear across the nation and the Florida Keys have been no exception. REO stands for Real Estate Owned and it refers to real estate property that was previously a security for a mortgage loan. The previous owner defaulted on the loan and […]
banking Foreclosures in the Florida Keys Bank Owned Property Bank owned properties, also know as REO’s have begun to appear across the nation and the Florida Keys have been no exception. REO stands for Real Estate Owned and it refers to real estate property that was previously a security for a mortgage loan. The previous owner defaulted on the loan and […]
bayfront Will Oil Spill in the Gulf Affect The Florida Keys? All eyes are on Florida now as the oil spill that is still leaking from the Deepwater Horizon still floods into the waters of the Gulf of Mexico. Parts of the oil may already being enterting the loop current, a warm ocean current in the Gulf of Mexico that flows northward between Cuba and the Yucatán […]
bayfront Will Oil Spill in the Gulf Affect The Florida Keys? All eyes are on Florida now as the oil spill that is still leaking from the Deepwater Horizon still floods into the waters of the Gulf of Mexico. Parts of the oil may already being enterting the loop current, a warm ocean current in the Gulf of Mexico that flows northward between Cuba and the Yucatán […]
bayfront Unique Bayfront Home in Islamorada – Just Listed for $1,699,000 An architectural beauty on the bay designed in the style of Frank Lloyd Wright. This home offers a blend of copper, wood, stone and concrete to create an impressive, yet comfortable place to really relax, offering year round views of the awesome sunsets over the bay. The kitchen features stainless steel Bosch appliances, Silestone countertops, […]
bayfront Discover Venetian Shores – Islamorada, Florida Venetian Shores is a very popular subdivision in the Upper Keys located at Mile Marker 86 on the bayside. It is a very popular choice with boaters, as it boasts some of the widest and cleanest canals in the Upper Keys.  Homes are divided between two sides of Venetian Shores. Properties to the South of […]
bayfront Discover Venetian Shores – Islamorada, Florida Venetian Shores is a very popular subdivision in the Upper Keys located at Mile Marker 86 on the bayside. It is a very popular choice with boaters, as it boasts some of the widest and cleanest canals in the Upper Keys.  Homes are divided between two sides of Venetian Shores. Properties to the South of […]
banking Bank Owned Properties in the Florida Keys Real estate foreclosures have become a presence in nearly every community nationwide. The Florida Keys have been no exception.  Although the percentages of properties on the market is lower in the Keys than other areas, there is still a wide variety of properties available. The display below contains a link to all of the bank […]
banking Bank Owned Properties in the Florida Keys Real estate foreclosures have become a presence in nearly every community nationwide. The Florida Keys have been no exception.  Although the percentages of properties on the market is lower in the Keys than other areas, there is still a wide variety of properties available. The display below contains a link to all of the bank […]
Uncategorized REALTOR Magazine-Daily News-More Owners Walk Away When Underwater More Owners Walk Away When Underwater A study of the Massachusetts housing market by researchers from Northwestern University and the University of Chicago concludes that a home owner’s propensity to default increases the further their loan goes under water. The study found that home owners begin to walk away after declines of 15 percent or […]
Uncategorized REALTOR Magazine-Daily News-More Owners Walk Away When Underwater More Owners Walk Away When Underwater A study of the Massachusetts housing market by researchers from Northwestern University and the University of Chicago concludes that a home owner’s propensity to default increases the further their loan goes under water. The study found that home owners begin to walk away after declines of 15 percent or […]
Uncategorized Is Mortgage Forgiveness the Answer? Is Mortgage Forgiveness the Answer? Some housing experts say the next logical step for helping home owners with negative equity is loan forgiveness. Home owners with no equity stake and no likelihood of having one anytime soon are increasingly likely to walk away. Some theorize that curbing that trend is the only thing that will […]
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