Florida Keys Real Estate Blog
American Pandemic Real Estate Migration Patterns Highlight Florida Markets
A recent study done by online lending marketplace, Lending Tree, provides a thorough analysis of the moving patterns undertaken by Americans in response to the pandemic. We have all seen the tremendous impact that the coronavirus pandemic has had on real estate markets around the country. People are moving in...
...read moreWhat is a Desktop Appraisal and How Are They Changing the Homebuying Process?
During the height of the pandemic, the Federal Finance Housing Agency, or FFHA, issued several orders to allow more flexibility for buyers and sellers during the homebuying process. These were issued in response to the many challenges that the pandemic presented for the real estate industry. One such step was...
...read moreZillow Shutting Down iBuying Program Due to Major Losses
In 2018, Zillow launched a new division within its massively successful business model. The major deviation was an iBuying program known as Zillow Offers. The purpose was to simplify selling your home. The way it worked was by selling your property directly to Zillow at what they determined was a...
...read moreLuxury Spotlight - Marathon Luxury Home Demand on the Rise
Luxury real estate for sale in the Florida Keys is always a hot commodity. Foreign investors and domestic buyers alike recognize the value in purchasing a spectacular waterfront estate in the Keys and understand the ability to live a lifestyle unlike anywhere else that is afforded by owning in the...
...read moreNew Profile of Florida’s International Real Estate Buyers Released
Florida Realtors has recently released a detailed report analyzing the market trends as it pertains to international buyers purchasing real estate in Florida. Though pandemic-era restrictions on travel and entry into the country have greatly impacted the Florida real estate market for foreign buyers, the market remains viable throughout the...
...read moreGood News for Florida Keys Homeowners in Flood-Prone Areas
Residents of Florida Keys waterfront homes, or residents whose home is prone to flooding, good news may be heading your way. Monroe County has announced that it is participating in the national Flood Mitigation Assistance grant program. This federally funded program is part of the National Flood Insurance Program (NFIP),...
...read morePowerboat Offshore World Championships Set to Return to Key West
One of the biggest boat races in the world is making a comeback this year to Key West. The 40th Annual Race World Offshore Key West World Championships will be held in Key West this year from Sunday November 7 - Sunday November 14. After being canceled last year due...
...read more2020 Census Data Sees Florida Keys Population Increases and District Boundary Changes
The 2020 Florida Keys Census data is in. Like many would guess, the population has grown by quite a bit in the past 10 years. The current population, as of April 2020 and as per the census, is 82,847. This number shows population growth of 9,757 since the last census...
...read moreThe Pros and Cons of Purchasing a Vacation Rental in the Florida Keys
Have you, like so many recently, been considering purchasing a property for sale in the Keys that you intend to use as a second home or to rent out as a vacation rental? There are many things to consider when deciding if this is the right move for you. Make...
...read moreSpike in Demand for Second Homes Seen Nationally and in the Florida Keys
Last month saw a huge spike in demand for second homes all around the country. Second home, or vacation home, purchases increased by 60% in the month of September 2021. The initial phases of the pandemic ushered in a renewed market for vacation properties throughout the country, as people were...
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