Wednesday, June 2, 2021

It's Hot! Not The Night, My Cigar or Scotch. It's our Red Hot Florida Keys Real Estate Market!

It's Hot.  No, not the balmy and sweltering June evening here in the Tropics. No, Not the long ash of my Cigar with it's billows of smoke rising elegantly into the night.  No, not the incendiary Muscle Shoals and Stax R&B and Soul pumping through my speakers. And no, not the smooth burn of the 18 year old Macallan in my glass.

It's Hot  ... and it just keeps getting hotter. It's our Florida Keys Real Estate Market .

In my 26+ years of selling waterfront properties in South Florida, I have never seen a Market like this.  And the brakes don't seem to be coming on anytime soon.

In all price strata and between waterfront and non-waterfront properties alike, demand is High and inventory is at a ridiculous low.

So what does that  mean??
Well .... 
If you are a Property owner, you have the greatest degree of leverage I have seen in quite some time.  And when demand is high and supply is low, that means the potential for more $$$ if your property is on the Market. But realize there is a thin line between achieving market high prices and being so overpriced that you are helping to sell the competition's property.

If you are a Buyer, it means you need to come prepared to do battle. This is not a market of deals, but rather a market of acquisition.  Understand that many times properties are selling in days instead of weeks and sometime in hours instead of days. As well, many are selling at and and often above list price. 

Just Sold In Islamorada $1,850,000.  $50K over list price.
The Key to success in both scenarios is to have a smart game plan and work with a professional ( Me!!!) who truly understands the intricate dynamics of both sides of the equation to get you top dollar as a seller, and get you the property (over competing Buyers) at the lowest best price as a Buyer.

A smart agent has tools and strategies to help you come out on top! In a hot market such as this, the idea is to kiss the flame but keep from getting burned. 

Our Florida Keys Real Estate Market is populated by a tropical
cornucopia of unique properties.  Is it any wonder that with all the upheaval over the last year, that more and more people have become enchanted with our lifestyle, security, and inclusive way of life? If you have to work from home, it really makes you reevaluate where home can be.

As we emerge from the confines of the pandemic, it very well may be that individuals who could go back to the office will opt to continue to work from home if they can.  And the Florida Keys are the ideal destination to call...Home.

And though the burn of my scotch may drain from the glass, and my hot cigar turn to ash, our Florida Keys Market will continue to burn for the foreseeable future.

Life is short ... Buy the Keys Home.

Life is short ... get phenomenal $$$ for your Keys Home.

In both cases ... call me.  I can help you handle the Heat.

Put the experience and expertise of The Conchquistador to work for you! For more information on the outstanding real estate opportunities that exist in the Keys, call me at 305.439.7730 or email me at DropAnchor@TheRealEstateConch.com.