Found 2 blog entries tagged as investment property.

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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#6 Aspects to Consider When Purchasing Investment Property in the Florida Keys

  1. Location!  It’s no secret to YOU how magnificent the Florida Keys are.  And lucky for an investment property owner here, it isn’t a secret for the rest of the world either!  The Florida Keys, as a whole, are a Top Tourist Destination resulting in vacation and short term rental price increases.  Additionally, monthly and longer term rentals are also increasing in year round demand (not just the typical “high season” months of Jan-May).  Limited properties in general, drive up appreciation of rentals and overall home values year after year.
  2. Financing! If using financing to purchase, keep in mind you will have to bring more money to the table of an investment property…

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