GREAT NEWS

It is a great time to buy investment property in the Key West area. It appears that the price drop is bottoming out as we see investors stepping back into the market now and purchasing properties listed at the lowest prices per square foot.

This area seemed to be among the first in the entire country to experience the recent real estate price adjustment. It started here about 2 years ago. It is anticipated that the re-entry of investors at this time, and the leveling off of falling prices, signals the real estate recovery for this area.

That should be hopeful news to the rest of the country. If this is true, other locals can anticipate only a two-year price adjustment period. That's good to know.

Because supply of real estate vs. demand in this area is so limited and prices are generally high, you never see any 'owner financing', 'motivated seller', or 'bring all offers' real estate purchase opportunities. However, at this time there are a few of these offerings.

11 - Owner Financing
32 - Motivated Sellers
17 - Bring All Offers

If you are interested in additional investment real estate opportunities in the Key West area, you can contact me, Lori Bender, at (305) 797-7397 or at loribender@bellsouth.net

Lori