Found 4 blog entries tagged as Florida.

May numbers are in! As of June 1st: Median sold price continues to increase. Month over month May saw a decrease of average days on market and a slight uptick in the original list price to sold price ratio. Our absorption rate is now over 6mo of inventory. While we are fully back in a neutral market in the Keys, homeowners and buyers should feel good about home values holding steady. *Oh, by the way ... I can help connect you with great Realtors anywhere in North America! I'm never too busy for referrals!  Erin Kiel REALTOR® GRI, AHWD, C2EX Better Homes and Gardens Real Estate Destinations

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by Karen Williams-deCastro- Realtor®, C2EX, RSPS, GRI, SRS, ABR, SFR, AHWD

When you are looking at Real Estate, you likely think to yourself: location, location, location. And not many places are more beautiful than the Florida Keys. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged for a lot of us: mortgage rates, mortgage rates, mortgage rates. 

Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further repercussions. While analysts expected listing inventory to swell as sales declined, instead, homeowners have been pushing off plans to sell because they feel beholden to their existing, lower mortgage…

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One Thing is for Certain: 

Time Passes, Whether We're Ready for It or Not!

This year feels different and is undoubtedly unique as people are spending more time than ever at HOME. 

Holiday decorations adorned houses earlier than normal, beginning with Halloween decor blowing in August's wind.   Some Christmas trees even went up directly after All Hallows Eve.  White lights lined roofs, as they twinkled in the nights before Thanksgiving.  

People are craving something to celebrate, whether it's around a holiday or not.  This year has just been one huge reminder to CELEBRATE;  to learn from the bad and enjoy the smallest of moments;  to support and love on each other;  to ask for help;  to be more giving;  to remember we're human but always…

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3 Steps to Ready Willing and Able Certification

 

We are continuing to see the slight shift to a Seller's Market in the Florida Keys.  New inventory has consistently been equal to or less than exiting inventory (properties sold or pending to sell). The market sways between being balanced and shifting slightly in favor of sellers.  If you know you'd like to Buy or Sell, OR you have been contemplating it, consider becoming RWA Certified.

With the help of your Local Realtor...it really is as easy as 1, 2, 3!

  1. READY- Sellers, is your house literally ready to sell?  Has whatever needs to be fixed/updated been done?  Will it pass inspection to the best of your knowledge.  Having thought about this and taking action now, saves time later…

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