Key West Real Estate News
Key West
U.S. Home Prices Cooling Faster Than Normal in November
Based on the latest Zillow market report for November 2023, monthly costs for a new mortgage are falling, inventory is trending back toward normal, and price cuts are uncharacteristically common.
Southwest Florida Housing Markets Hit by Hurricane Ian Bouncing Back
According to national property broker Redfin, listings of homes for sale in the several Southwest Florida cities like the Cape Coral-Fort Myers metropolitan area have recovered after plunging in the wake of Hurricane Ian last fall, and sales have begun to bounce back.
Active Home Listings For Sale in America Fell to a Record Low in May
According to national property broker Redfin, the number of homes for sale in the U.S. fell 7.1% year over year to 1.4 million on a seasonally adjusted basis in May 2023. That's the lowest level in Redfin's records, which date back to 2012, and the first annual decline since April 2022.
Buyers Pay More for Homes Painted in Darker Moody Colors in 2023
Zillow is reporting this week that U.S. homebuyers are saying goodbye to bland and bidding more on homes with dusky, dramatic walls.
