8 Passover Lane Old Town Key West, Fl - 07/31/08 12:56 PM
I have often written about the virtues of living life on one of the slow lanes of Key West. Well, 8 Passover Lane is about the slowest of the slow lanes as possible. It is so slow that it is really just walkway about 6' wide that provides access to … (0 comments)
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Mad Men and Key West Real Estate - 07/30/08 04:42 PM
I discovered Mad Men a couple of weeks ago. It is an AMC Cable TV series that is executive produced by Scott Hornbacher (The Sopranos). The first season of Mad Men takes place in the year 1960, and you can watch every episode if you have On Demand on your … (1 comments)
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Sink or Swim -- Key West Real Estate - 07/29/08 10:15 AM
Two sales went through the mls yesterday that give us some insight into how the Key West real estate market is fairing these days.
Sale No. 1 was a bank foreclosure of a single family home at 1116 Eaton Street in Old Town. I showed the house about 5 weeks … (0 comments)
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Shipyard Units -- Key West - 07/25/08 03:40 PM
The Shipyard Condominiums in Truman Annex have become favorite entry level properties for second home purchasers in Key West.
Although the units were almost identical when constructed in the early 1990s, many have been remodeled or updated to accommodate usage as vacation rentals. (Photos to the right are of unit … (0 comments)
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623 Grinnell St. Old Town Key West, Fl - 07/24/08 01:08 PM
Just Listed: 623 Grinnell Street, Old Town, Key West, Florida. Absolutely charming historic home on a quiet street in the heart of old town. Original details throughout. High ceilings, 3 generous bedrooms including downstairs master. Off Street parking for 2 vehicles in tandem, wonderful porches and covered outside living area. … (0 comments)
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Dream Fulfillment in Key West - 07/21/08 02:36 PM
Some people vacation in Key West year after year. They dream of buying a second home that they can rent as a transition to living in Key West as a full time resident.
The recent downturn in the real estate market has made achieving that dream more affordable and attainable. … (0 comments)
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Finnegan's Wake -- 320 Grinnell St Key West, Fl - 07/18/08 02:39 PM
Want to have a party every night? Want to own a Key West Landmark? You can do both. Just Listed: Finnegan's Wake at 320 Grinnell Street, Old Town, Key West.
This bar and restaurant is a locals hangout and a tourist draw. It is located a stone's throw from the … (0 comments)
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Fear Factor -- Key West Reality - 07/17/08 04:24 PM
It seems like Déjà vu all over again. Back in the 1970's we were in a war that would not end, President Nixon had been deposed, the American automobile industry was reeling, gas prices were making us change our driving habits and lifestyles, the stock market was in turmoil, President … (1 comments)
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31 Seaside South Ct - Key West -- Ocean View - 07/15/08 11:25 AM
31 Seaside South Ct is a beautifully decorated home with stunning views of the Atlantic Ocean. Ideally located in a secluded quiet location at Seaside Key West Residences this luxurious 3 level home includes many amenities. A few of the features of this home include designer decor, multiple outdoor spaces, … (0 comments)
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What Happens When a Bank Fails -- My Experience - 07/14/08 10:37 AM
I have two sets of personal experiences dealing with bank failures. I thought my experiences might prove somewhat helpful in understanding the closure of Indymac Bank and the theoretical possibility of more closures in the near term.
In the late 1980's I managed the Special Assets Department of a national … (5 comments)
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Regulators Shut Down IndyMac Bank! Friday July 11th - 07/12/08 01:23 PM
Regulators Shut Down IndyMac Bank! Re-printed by Permission of Ruben Concepcion, Keys Financial.
Bank regulators today shut the doors of IndyMac Bank and have transferred its assets to the FDIC. IndyMac had stopped lending activities earlier this week due to lack of capital and had seen a run on its … (3 comments)
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Key West on National Open House - 07/10/08 10:09 AM
Announcement from the Key West Association of Realtors
Key West will be featured in HGTV’s popular television series “National Open House”. Hosted by local real estate Broker, Rudy Molinet, the show compares homes in Key West with those in Las Vegas and Virginia Beach. The show features local homeowners showing … (3 comments)
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1211Catherine Street Key West Bank Owned Home - 07/07/08 09:04 AM
Behind the once carefully manicured ficus hedge at 1211 Catherine Street sits a hidden 1930's vintage home with great potential. The 3 bedroom 2 bath home totals 1463 sq ft. The living room has really interesting architectural features including original hardwood floors and elegant windows. CLICK HERE to see the … (1 comments)
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Fixers - Key West - 07/06/08 03:53 PM
I don't get enough of real estate working it full time almost every day of the week. No, I gotta watch those stupid "reality" TV shows like Flip That House and Property Ladder. My favorite is Flipping Out on BRAVO. I was showing a $3.4 million house last Saturday when … (0 comments)
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Single Family Homes in Key West under $500,000 - 07/05/08 10:05 AM
I just went through the Key West Association of Realtors mls database and created a list of select single family homes under $500,000. There were a total of 67 such properties, but our system will not allow me to generate a report with that many listings. CLICK HERE to see … (0 comments)
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Licensed to Make Money in Key West - 07/03/08 12:04 PM
Many people dream of buying a really charming home in Key West with a pool that they can eventually retire to. But in the meantime they want to be able to rent the house to help make the mortgage payments. Sounds easy. It isn't.
The City of Key West has … (0 comments)
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Six Months Sales Report for Key West - 07/01/08 09:45 AM
I've said before that I am no statistician. I did failed miserably in algebra. But I got an "A" by being able to distinguish "Up" from "Down".
I always go back to 2005 to use as a comparison point to current market activity. In 2005 there were 197 single family … (1 comments)
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