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june 2021

 

Hello Clients, Family & Friends.  First off, we hope you all are healthy and safe.  A home has a new meaning to most of us. We are here on the ground in the Keys if we can help you with anything if you are away.

Whether you are looking to buy or sell, I can offer the highest levels in real estate expertise and professionalism.  Don’t hesitate to contact me and allow me to help guide you through that process!  

Berkshire Hathway HomeServices

Knight & Gardner Realty 

Joanne Allen  (305)923~0239

Sharkkeyflorida@gmail.com

Sharkkeyflorida.com

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Here are the Numbers

DEEP DIVE INTO MARKET STATS


We continued to see low supply, fewer new listings, mix that with increased demand and that leads to upward pressure on prices.

Click on the "Market Review" photo for a deep dive into market trends for all the Florida Keys and then broken down by regions.  Key West to Shark Key, North of Shark Key to Big Pine Key, the Middle Keys including Marathon and Key Colony Beach and then the Upper Keys.  Interest rates and inventory continue to push the residential real estate market forward. 

As always for the most accurate and updated data trends on your island or for your property, reach out to our forever agents today at www.keysrealestate.com

Featured property of the month

BRAND-NEW RENOVATED HOME
1703 Seminary Street, Key West | Listing ID 596101

Brand-new renovated home on an oversized 10,450 s.f. corner lot. Modern architecture leads you through the privacy gates into the stunning entryway covered w/ marble tile. Impact windows & doors, extremely quiet & energy efficient. Large open floorplan of the main home has 2 bedrooms on one end & the master on the other. 3 bedrooms & 3 baths plus the 2-story cottage home w/ 1 bedroom & 1 bath. Attention to detail is what separates this home, the Hanson & Bringle custom cabinetry, made in Key West, classy clean countertops, & Samsung stainless appliances. Porcelain tile floors throughout the concrete construction home. The pavered backyard has an inviting large, heated pool w/ fabulous water features plus a matching outdoor shower surrounded by privacy & native landscaping. 2 carports. For additional information and photos, select image. 

LOCAL EVENT

KEY WEST PRIDE


KEY WEST PRIDE IS A GO!!
June 2nd-6th, 2021

Celebrate PRIDE on a tropical island that is legendary for its laid-back style and its open and accepting atmosphere. Whether you’re looking to party with friends, travel with family, or get lost in the magic of our tropical island, rediscover Key West and discover how one island’s One Human Family philosophy has created one of the most integrated and unique communities in the world. Show us your pride, we will show you our Key West Pride!

Select here for the full schedule of events.

The Mission Statement: The mission of the Key West Business Guild is to promote LGBT travel to Key West through marketing and the promotion of special events; to support gay-owned, gay-managed, and gay-friendly businesses; to strengthen the Gay community’s position within the local community by supporting relevant LGBTQ+ issues.

HOMEOwners' ADVICE

JUNE IS NATIONAL HOMEOWNERSHIP MONTH

National Homeownership Month is celebrated in June, the kickoff of the summer homebuying season. Homeownership is widely considered the foundation of civil stability and familial happiness – the American Dream.

The National Association of REALTORS (NAR) believes homeownership gives families more financial security, a better lifestyle, and stronger communities through supporting businesses, schools, and services making it a powerful financial, psychological and physical stake in local neighborhoods and communities.

Whenever a homeowner mows their lawn, shops at the local grocery, or joins the PTA of their children’s school, they’re creating a more stable community. This is why homeownership is one of the most subsidized national initiatives through low-interest rates, tax incentives, and low-down-payment federally guaranteed mortgages or bank mortgage package purchases.  

According to NAR, homeowners attain 46 times the personal wealth of renters because of equity ownership. They can customize their homes in a way that renters can’t – for their comfort and family needs. They contribute to their neighborhoods through home improvement, which makes them more desirable; through participation in schools, which makes them stronger; and in supporting the community.

According to Miblog.genworth.com, homeownership is at risk due to a number of factors –the pandemic, business closures and inflation. Homeownership is investing in the future. As a homeowner, you have the ability to shape your home, neighborhood and community for better or worse, simply by how you treat your home, neighbors and local businesses. The more we have responsible homeownership, the better our future looks.

Featured NONPROFIT of the month

MOTE MARINE LABORATORY & AQUARIUM

"We are scientists, explorers and stewards of the ocean. Focused on research and education, we work to create a better environment for ourselves and our children. The answers are in the ocean. Together, we will find them.

We are an independent, nonprofit marine research institution comprising world-class marine scientists committed to the belief that the conservation and sustainable use of our oceans begins with research and education.

From our humble beginnings in a tiny, one-room laboratory in a small Florida town, our efforts have grown to include more than 20 diverse marine research programs.

Originally focused on sharks, our research has expanded to include studies of human cancer using marine models, the effects of human-made and natural toxic substances on humans and on the environment, the health of wild fisheries, developing sustainable and successful fish restocking techniques and food production technologies and the development of ocean technology to help us better understand the health of the environment.

Our research programs also focus on understanding the population dynamics of manatees, dolphins, sea turtles, sharks and coral reefs and on conservation and restoration efforts related to these species and ecosystems.

The ocean is our passion. Science is our catalyst to help the ocean heal, thrive and continue to be a haven of sustainable life, life-improving science and life-giving solutions."

Your support can make more than ripples ---> www.mote.org

LOCAL EVENT

MANGO FEST

Mango Fest Key West 
June 24th-June 27th

Featuring all things Mango.  

See what the king of fruit offers at Mango Fest.

Visitors enter a world of Mangoes.  Experience all things Mango through  shopping, education and demonstrations. 

Stroll through Bayview Park to visit vendors, shop our local shops, visit galleries, and order great food. Learn more about Mangos and enjoy local’s favorite recipes during this event! 

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FL Lic #: SL655511
336 Duval St. Key West, FL 33040

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