News from the Florida Keys

Services for Real Estate Pros with EXCELLENT REAL ESTATE SERVICES INC

NOW is the time to buy property at a good price and enjoy the Keys while you wait for the maket to go back up, as it will! We have seen prices come way down. Many believe we've seen the bottom and prices will not go down further.

We are seeing more buyers looking at properties. Those buyers can find all types of properties for sale in all price ranges - it's the perfect time to buy that perfect home - whether it be a full time or part time place, single family home, mobile or condo.

Buyers, You need to speak to a realtor who can help you sift through the available listings so you can reach your goal and find a property that is reasonably priced.

Sellers - at this point your most important issue is pricing your property right if you want to sell - You need a realtor who will work with you to find that right price and then market your property so potential buyers will know how great your property is.

ZIP Code: 33037

Approximate Location Boundaries: MM 113 to MM 91

Location Characteristics: The Gateway to the Keys!!

Key Largo is the home of Pennekamp State Park known for its wonderful coral reefs.
You can scuba dive, snorkel, go for a sail or power boat ride.

The Everglades is a short boat ride for great back country fishing.

Lots of Condos to buy for that 2nd home and/or investment.

Restaurants galore and great hotels! Key Largo is a popular primary residence or weekend getaway for those who want to be close to Miami but still have the casual atmosphere and fabulous weather of the Keys.

Everything you want an hour from Miami International Airport
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Comments (6)

Highland Beach Condos David Serle
RE/MAX Services - Highland Beach, FL
Boca Raton Agent David Serle
I do love the Keys, and am watching the market down there, but I will probably wait for a little bit.
Jul 28, 2007 02:29 PM
Thanks David for your comments. I' m watching also pretty close If I heard of something really impacting will let you know.
Jul 28, 2007 02:48 PM
Charles Blumenkehl
Blue Asset Management - Wayne, NJ

How much is someone going to pay for a waterfront home or condo in your market, and what has been the impact of the sub-prime mtg debacle

Jul 28, 2007 03:25 PM

Well. it is terriblly insane the prices on the water, nothing in these condos on the water can be found under 700K and the new ones are all over 1M. We really believe that the prices aren't logic at all. But the Europeans favor by the Euro are potential buyers for this offerings.

Regarding the Mortgage as you said it's a debacle, Tons of small Mortgage Bus. are closing doors, the larger companies are really worry the market is stranded so far here.

Jul 28, 2007 03:43 PM
Leo Namiot -
Canopy Mortgage - Leo Namiot - Saint Augustine, FL
More than just great rates
My wife and I love Key West and would love to have a condo there but I think the prices are still out of our sight for now, if they get to a reasonable price we would consider buying something as a 2nd home.
Jul 29, 2007 02:03 AM
Leo: Would you be interested if I find something good to in the keys for a second home, to receive info?
Miguel Soria
Jul 29, 2007 02:50 AM