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September 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 Hathaway HomeServices
Keys Real Estate | 
Knight & Gardner Realty

andy@keysrealestate.com   |   305-923-5753
www.ImagineThisKeyWest.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

STUNNING KEY WEST RETREAT
1327 Whitehead Street, Key West| Listing ID 597343

Stunning Key West Retreat located across from the Southernmost Point in a small, gated community. Built in 2018 to the toughest building standards in FL- 180 MPH codes. Spacious 4-bedroom, 3-bath custom-built home in pristine condition w/ detailed finishes, & top-of-the-line fixtures throughout, approximately ~1787sf. Designer kitchen comes complete w/quartz countertops & island, stainless-steel appliances & hood, impact resistant windows brighten each room, a spacious master suite boast beautiful soaring ceilings. Desirable corner lot in the back for privacy with vibrant landscaping surrounding the exterior, private dipping pool and rooftop terrace looking out to water views of the Atlantic. 

SPREAD AWARENESS

CHILDHOOD CANCER AWARENESS MONTH

LIVING WITH CANCER IS A REALITY FACED BY THOUSANDS OF CHILDREN ALL OVER THE WORLD.

Here are a few things we can do to help kids with cancer:

  • Raise awareness and volunteer.
  • Promote gold. Wear gold this month: hair ties and ribbons, shoelaces, t-shirts, crowns, bling with a purpose and pediatric cancer pins will all do the trick.
  • Donate to The Sunshine Kids, a non-profit organization dedicated to children with cancer. Berkshire Hathaway HomeServices has been a national sponsor of this organization for more than 25 years and has playeda major role through its many network fundraising activities, helping to put smiles on the faces of kids with cancer everywhere.

Learn more. www.sunshinekids.org

LIFESTYLE, HOME BUYERS

VACATION HOME SALES SKYROCKET

The pandemic caused many people to try to grab more enjoyment from life, as evidenced by the latest vacation Home Counties report from the National Association of REALTORS® (NAR). In 2020, vacation home sales rose by 16.4%, outpacing the overall growth in existing-home sales of 5.6%, and in 2021, vacation home sales increased 57.2% year-over-year compared to the 20% year-over-year growth in total existing-home sales.

Median existing-home sale prices in vacation counties, those areas where at least 20% of homes are purchased for seasonal, occasional or recreational use, increased 14.2% compared to 10.1% in non-vacation home counties.

What’s driving the trend? Many workers are able to work from home and think why not telecommute and retire to paradise?

If you’re planning to buy a vacation home, consider the following: 

  1. Can you carry mortgage payments, property taxes, utilities, etc. for two homes?
  2. Do you plan to use the home exclusively or rent it out part of the time?
  3. How often will you be able to use your vacation home?
  4. Will you take care of the property or hire a property manager?

What are your long-range goals and exit plan for your second home?

LIFESTYLE, HOME IMPROVEMENT, DÉCOR

UPDATE YOUR WHITE KITCHEN

All-white kitchens complement any decor, but they’re hard to keep pristine and can come across as dated. An older white kitchen shows signs of discoloration and wear. What can you do to make your white kitchen more 2021 than 2010? 

Make it artsy

Art galleries have white walls because they’re a blank canvas where artwork can be attractively displayed. Add a colorful abstract painting in a key location. Have fun with artistic-themed dishtowels, placemats, and dishes. Try a washable rug or runner with a colorful modern pattern.

Fold in some color

Cookware, serving pieces, utensils and small appliances in analogous colors (those next to each other on the color wheel such as yellow, green and blue) can give you a pleasing new color palette. 

Add texture

Add interest with textures in complementary tones of white, grey or mushroom to walls, backsplashes, curtains or blinds. Natural wood accents like bowls can also warm up a white kitchen. If you have a place for barstools at the island, woven fabric, cane or hemp seats work well to add texture.   

Repaint

White reflects light, making your kitchen brighter, but one reason why people tire of white kitchens is that there’s no focal point. For a soft contrast, introduce watery colors like sea glass. For more drama and sophistication, go for high contrast with deep blue, black or grey. Paint the island a different color from the rest of the kitchen, or paint lower cabinets a different color from the top cabinets.

Featured NONPROFIT of the month

FLORIDA KEYS SPCA

Our Mission
The Florida Keys SPCA is dedicated to promoting the humane treatment of all animals through compassionate care, adoption, education, population control and humane law enforcement.

We are a completely independent, private, not-for-profit organization and are not funded by, any other state or national humane organization. Monroe County funds a contract for FKSPCA to provide animal control services in our jurisdiction, yet for additional community services we provide, we rely on grants, fundraising and donations from supporters like you to help us provide a high standard of care for our animals.

https://fkspca.org/

 
 
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336 Duval St. Key West, FL 33040

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