Friday, August 29, 2008

Changes in my blog!

If you have read my blog before, you have noticed the changes I have made and I hope that you like them. I would appreciate any comments greatly!
If you are following the Real Estate market closely you might like the feature on the right hand side that says "New Listings". I will post all new listings in the upper Keys over the past 24 hours daily. I am working on improving my blog and making it a useful tool to all buyers and sellers; please keep watching over the next few weeks what new features I am adding. If you have any suggestions please let me know.
If you want to search for Real Estate in general in the Keys, you can do that on my website: www.Veepka.com.
I have a favor to ask of you: If you are a reader of my blog and enjoy it, I would greatly appreciate it if you would vote for it as the best business blog; You can click on the bloggers choice award and it will take you to the site where you can vote for my blog. It is a bit (Really just a bit) of a pain in the butt because you will need to create an account in order to be permitted to vote (To avoid multiple votes by one user)but it is a very short process and I would be very grateful if you give me a couple minutes of your time to do so. I am hoping for exposure by getting votes resulting essentially in more business.
I thank you very much for reading my blog!

Thursday, August 28, 2008

Current Bestseller!

The lowest priced canal front homes! If you are in the market for a canal front home, I advise you to start looking now and buying something a.s.a.p because canal front homes under 700K don't come on the market much and if they do, they fly off the shelf. (Especially under 600K!)
Take a look at these houses that are under contract and how many days they were on the market. When you look at the days on market, keep in mind that 'the days on market' keep counting while the house is under contract.
These are ALL canal front homes currently on the market from MM74 to MM110 (Islamorada to Key Largo) under 600K:
and here are homes that are listed from 600 to 700K (same criteria as above!)

Supply and Demand is what determines a buyers or a sellers market. No Doubt, It's a buyers market right now, but the inventory of low priced canal front homes continues to decrease and before you know; they will all be gone! (I am only referring to the Upper Keys with this comment!).

And here the update for my faithful readers:
These are all new listings that have come on the market since my last post.
All properties that have gone under contract since then.

and all properties that sold.

Thanks for reading my Blog!

Tuesday, August 19, 2008

Back to business after this Hurricane Nonsense

We had a pleasant cozy day in the upper Keys yesterday. Regular TV programming was off because all local channels had to exaggerate updates on DEADLY storm Fay. Keys residence find it rather amusing and when you watch interviews of locals with 20+ year old reporters in raincoats you can see how ridiculous the locals find the questions, yet they are appearing to look serious when being asked "IF and when they will evacuate" and they respond that they won't. These might be their 'cut short' 15 minutes of fame so they'll make what they can out of it.
Sorry, I am just not a big fan on the sensationalism of the small local news stations with no focus on real news.
So, here you have it: All is well in the upper Keys! Now you don't have to watch any more updates!

This post is just for updates. These are the updates since my last post:
These are all new listings since 7/29/2008:

All properties that have gone under contract:

and all properties that sold

Thanks for reading my blog and please contact me with any questions: 305-393-0923

Saturday, August 09, 2008

Some foreclosures that ARE good deals!

There are not many of them in the Keys; but a few and some are indeed very good deals! Such good deals that they go under contract within a week after they have been listed ,sometimes for more than the asking price! Investors know that this is a good time to buy IF you are getting the property for the right price. They familiarize themselves with the Real Estate market and are aware of what is a bargain price for a property.I know that every buyer likes to negotiate but be careful when you find a great deal because you are not the only buyer out there! You might hate the idea of paying full price for something but it does not take a rocket scientist to figure this out: You have two equal houses, same street,same house, same view. One is listed for 1 Million; the other is a foreclosure and listed for 599K.
A buyer negotiates the house for 1 Million down to 800K. Which house is the better deal? The one at full price for 599K or the one that you got for 200 less than asking price for 800K? Certainly I don't have to tell you the answer.
Keep this in mind if you are in the market and ready to buy a good deal: If the asking price is a steal; make a full price offer because you are not the only one who will make an offer. Getting a great deal with a foreclosure is more of a matter of having a good Realtor who stays on top off the market and will call you as soon as a steal has come on the market.
These are current foreclosures on the market:
Please call me if you'd like to see any of them