Florida Keys Real Estate Blog
Second Home Demand Spikes to 87% Above Pre-Pandemic Levels Driving Seasonal Markets
It has been widely reported that the demand to purchase properties has skyrocketed in the past two years, creating immense competition for inventory. It seems, however, that it is not just people seeking to move their primary residence that is creating the competition. Early on in the pandemic-era, it became evident...
...read more3 Mistakes that Pandemic Homebuyers Made and How You Can Learn from Them
The pandemic, with its many and far-reaching implications, helped to create one of the most chaotic and stressful real estate markets for buyers on record. The frenzy of competition, historically low inventory, and huge jumps in home prices left many buyers in a state of panic, often having to enter...
...read moreCash Buyers and Investment Firms Exacerbating Struggles of Average Homebuyers in Florida
If 2021 was ‘the year of the seller' in terms of South Florida real estate, it is clear what this meant for the buyer. 2021 was arguably the toughest year in recent memory for buyers looking to purchase a home, and 2022 has started off with much the same. So...
...read moreProfits from Home Sales Soared in 2021 to Highest Rate Since 2008
2021, undoubtedly, will go down as a record year for real estate for so many reasons. As all the national market data through year-end has come in and has been analyzed, more and more records are being broken and more details are coming out about the truly remarkable year that...
...read moreNew Facility to Test Home and Infrastructure Resistance to Category 6 Hurricanes and Storm Surge
Here in the Florida Keys, and elsewhere throughout the region, many shudder when they hear two simple words - “Hurricane Season.” Like it or not, it is a fact of life if you live in the Keys. Every year from June through November, residents and homeowners need to be prepared...
...read moreArte Surfside in Miami Beach Known for Crypto and Famous Residents Nearly Sold Out
Nothing is hotter right now than cryptocurrency and Miami real estate. There is one residence that has become famous across the industries for combining the two. Arte Surfside is a stunning new development in Miami Beach, known not only for its impeccable luxury standard, but also for paving the way...
...read moreStrict Covid-Era Mortgage Law Rescinded for Self-Employed Borrowers
The pandemic brought with it many changes in all industries, and the real estate industry is no different. One of the biggest changes involved a new law that was passed relating to self-employed buyers when it comes to the mortgage loan application process. Enacted in June of 2020, two strict...
...read moreMiami Tops the List of Largest Price Increases for Luxury Real Estate in the World
Real estate markets around the world are growing and changing, and this includes luxury markets in every corner of the globe. Every year Knight Frank, a global real estate consulting company, puts together a list showcasing the increase in home values of “prime” properties around the world, called the Prime...
...read moreOut-of-State Buyers Put 4 of Top 10 Metros of Interest in Florida
Florida is, and has always been, a top place to move for homebuyers from other states - particularly from the northeast and midwest. The warm weather, sunshine, and sandy beaches have always called to those seeking to get out of the snow. Recent reports, however, are showing that this demand...
...read moreKey West Named in Top 5 Destinations for 2022
Every year, popular vacation planning site TripAdvisor.com compiles annual lists of places, events, and excursions for people to try. Using data from their millions of reviews and user input, they provide insights and ideas for trips as well as advice on where vacationers should consider visiting. One of the most...
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