Sean Farrer

A quick Summary for this period shows that Sales are up 14% and Inventory is down 24%.These numbers are pulled from the MLS. Pending transactions are also up 21% from last year.The current concerns we are seeing is that there are fewer homes for Sale in the lower price points as they have all been purchased. At times we have all been involved in bidding wars for well priced properties and in turn the property has often sold for more than Full Asking Price. We have definetely begun to see less and less Foreclosures and Short Sales coming onto the market as banks create programs to eliminate distressed properties. ie. HAFA and Loan Mods.In the meantime we see investors coming in, to buy rental properties as there has been a heavy shortage for the past 12 months in the Key West Real Estate market.

If you need help with a Short Sale or know of a friend please give them my number as I would be happy to help them, as this process can be so overwhelming and their is light at the end of the tunnel.To see current Foreclosures and Short Sales on the market please check out www.Key-West-Real-Estate.net

Key West is one of the nicest places you can spend Christmas, the town comes alive with a warm glow from......the Happy people and of course some cheer.

The beaches are still very enjoyable especially between 10am and 4pm.Sunset is usually around 5.45pm at this time of year, in Summer where talking almost 8.30pm.During the build up to Christmas there are various get together events in the community. Tourists are always welcome, considering that is how most of us fell in love with Key West anyway, some of these events include: The lighted boat parade and Santacon ( everyone is dressed up as Santa Claus) which brings many tropical versions of Santa into the picture, personally I really like Floral boardshort or Floral Shirt Santa.Now for the day of Christmas most like to make multiple stops at various friends and aquaintances to wish everyone Happy Holidays and too soak up some more cheer.

Just before Christmas is one of the quitest times of year as everyone unwinds and begins to gear up for the busy Real Estate and Tourist season to begin. Like clock work the day after Christmas is when all the folks from up North start arriving, they have finished their family obligations and have spent enough time with their grand kids and are now ready for the big trek South, for warmth and festivites to break in the New Year.Kind of like the penguin march but just backwards.

I hope you all have a very Merry Christmas and Happy New Year and hope to see you all down at Ft Zachory Taylor State Park Beach in Key West for the warm upcoming season.

Take care

Happy Holidays

If your looking to get FHA financing on a Condo in a complex in Key West, Florida, currently you only have 2 choices.

Both Las Salinas and the Saltponds have expired, in terms of FHA approval.

For more information on this topic give us a call at (305) 924-0700

Imagine living in an elevated house that is still considered Key West.Thats right, Baypoint which is located at the 15 Mile Marker . Baypoint offers quite living surronded by water.Baypoint also has a good Coffee Shop and a new restaurant which is set to open anyday now. Boating access to the Gulf and Atlantic

This house is across the street from open water. 23 Beach Drive has water views from the Living Room,Deck,Bathroom and Front Door making it a great value for $200,000.

Built in 1999 the Sweet Water home offers 2 Bedrooms and 2 Bathrooms with Central air and a fenced yard with room for a small pool.

For more information check out my website at www.Key-West-Real-Estate.net