Florida Keys Real Estate Blog
Miami Home Sales Break Annual Record in Just 10 Months Highlighting Strong South Florida Market
Anyone involved in the South Florida real estate market, whether as a buyer, seller, or agent, has seen the strength of the real estate market in 2021. Properties have been trading at higher prices than ever and with faster transaction closing rates than seen in recent years. To further illustrate...
...read moreKey Largo Ocean Resort - A Great Opportunity for Newer Luxury Living in Key Largo
Luxury real estate in the Florida Keys is highly sought after, maybe none more so than in Key Largo. With Key Largo’s northern location and easy access to the mainland, luxury properties here are excellent investments as the market remains perennially popular. Sometimes in Key Largo, it can be difficult...
...read moreAs 2021 Nears End Home Prices and Cash Deals Up in Florida
Florida Realtors has released a detailed report of the Florida real estate market in the third quarter of 2021. As 2021 is drawing to an end, several details stand out. In Q3, single family home sales throughout the state of Florida totaled 88,592, which is down 1.1% from the same...
...read moreHow Will Rental Companies Like AirBnb Impact the Florida Keys Housing Market in 2022?
Home rental companies have become big business around the country. Companies like AirBnb and HomeAway have properties in virtually every major market, offering short term rentals in popular destinations like the Florida Keys. It is easy to see the short term rental market as unrelated to the housing market, as...
...read moreNAR’s Chief Economist Predicts Strong and Stable Housing Market in 2022
During the National Association of Realtors’ 2021 REALTORS Conference and Expo in San Diego this month, NAR’s chief economist, Lawrence Yun, made predictions about next year’s national real estate market. Yun commented that the housing market surged throughout the pandemic, a fact that has been easy to see across the...
...read moreHow Will Zillow’s 18K Home Off-Load Impact Real Estate Markets?
Earlier this month, Zillow announced that it will be shutting down its home iBuying program. Known as Zillow Offers, the division of Zillow Group began in 2018 and served as an internet homebuying program where sellers could sell their properties directly to Zillow who would perform light renovations and hopefully...
...read moreWealthy Foreign Buyers Expected to Flood Luxury Markets With Travel Restrictions Lifted
Foreign purchases of real estate across the country have been down significantly across all markets in the past two years. International buyers typically make up a large portion of the luxury real estate markets in various cities including New York, Los Angeles and Miami. A common thread when analyzing the...
...read moreWhat Impact Will Rising Mortgage Rates Have on Buying a Home in the Florida Keys?
Mortgage interest rates have been historically low for many months, helping to fuel the already incredibly strong real estate markets across the country and here in the Florida Keys. It has been widely reported, however, that the interest rate is rising - and will continue to rise in the coming...
...read moreWhy Now is the Perfect Time to Sell Your Florida Keys Home
Have you been thinking about selling your home in the Florida Keys but can’t decide when to pull the trigger and list? If you have been analyzing the market, you may have realized that this is the perfect time to sell. Right now, the Florida Keys real estate market is...
...read moreSupply Shortages Could Create a Crisis in the Housing and Building Industries
Supply shortages have been seen across the country in a wide variety of industries. According to the CEO of the National Association of Home Builders, Jerry Howard, the next industries to have major implications could be the housing and building industries. Howard reports that he has met with industry builders from...
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