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Monthly Archives: November 2017

Nov
01

Optimistic

I am optimistic about our wonderful Florida Keys. I believe we will be stronger and better than before Hurricane Irma. The recovery is still a work in progress, but changes can be seen daily. One of my favorite sayings is “You can’t drown a conch”.

The Upper Keys (Key Largo, Tavernier and Islamorada) were not affected as bad as the Lower Keys (Big Pine Key and surrounding area). Also, properties on the bayside fared better than properties on the oceanside.

In the Upper Keys, many neighborhoods had power within a few days. Some never lost power. In many cases, electricity in the Keys was restored quicker than in Miami.

In the real estate market, there are fewer homes available for sale today than before the storm. Currently, there are 6-9 months of inventory. Sellers have not flooded the market with new listings. Interest rates remain low. The average sales price is between $500k and $600k. These are great signs of a stable market.

Whether you want a second home/weekend getaway, an investment property or a permanent home, I can help you with all your real estate needs in the Florida Keys.

Enjoy your home in the summer and rent it out in the winter. Remember, the “winter folks” are on their way.

Contact me at (305) 496-3489 or cristina@mykeysretreat.com for more information.

“I found my Keys Retreat, let me help you with yours!”