Why its a great time to buy property in the Keys

It's a GREAT time to BUY a home in PARADISE





Why now is a good time to buy.

Appreciation – Waterfront property has a long history of appreciation. Because the Florida Keys are geographically restricted, land is in limited supply, demand will always remain high and will hold its value.

Real Estate as an Investment – The amount of second home owners are on the rise. Baby Boomers believe in diversifying their assets, and most second-home owners see their purchase as a solid investment.

Pricing – The Florida Keys are still a bargain as compared to much of the east coast of Florida .

Homes Are Selling – Over 7 million new and existing homes were sold in each of the past three years. Total home sales are expected to exceed 7 million in 2006 for the 4th consecutive year!

Mortgage Rates are at Historical Lows – Currently the average 30-year fixed mortgage rate is approximately 6.60%.

Selection is Excellent – With more available properties on the market, finding just the right home has never been easier.

Demand Will Continue – One million new households have formed each year, on average, since 2000. The number of U.S. households is expected to grow by 14.6 million during the next 10 years. Strong household growth together with rising income will likely translate into increased demand for housing.

Home Sale Prices Have Increased – Median existing U.S. home sale prices have increased on average 6.5% each year from 1972 through 2005.