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Saturday, November 10, 2007

Pessimism Be Damned!


The Bush administration has got so many things fouled up (the war, the economy, the environment, Katrina-gate, truth-in-government) that I sometimes slip into a state of severe pessimism. And that is not my normal attitude about life.

I have reported about the closing of many businesses on Duval and on the huge inventory of unsold homes and condos in all price ranges. And I have reported the monthly and quarterly sales during this past year as compared to 2005 and 2006. I have tried to be optimistic, but like I said I sometimes slip into a pessimistic state.

So I pleased to report that there seems to be an up tic in the real estate market. Our office finally has several deals in the works. Commercial and residential and in all price ranges. And other offices are doing much better as well. Fourteen homes and condos have gone "contingent" (under contract subject to contingencies) so far this month. And we have had two significant high priced closings this month ($2.655 million and $3.3million).

Other Realtors are reporting that they are getting busy as well. Perhaps the tide is about to turn.

On that optimistic note I wanted to share a new listing of a great home in the Casa Marina Area. I refer to the house as a Beverly Hills home because it looks like so many of the homes I have seen there. Casa Palmera is located at 906 Johnson, a block of the classic Casa Marina Hotel and the ocean. The 3700 sq ft home has 5 bedrooms and 6 baths. The house was completely restored from top to bottom. The main house features Dade County pine floors, walls and even ceilings and has a smart open and airy design. Most of the expected improvements and finishes have have been included with more notable enhancements of rated hurricane shutters, exterior kitchen, sun porch, and downstairs office/den/bedroom suite. There are two guest cottages. One Casita has a full living room, bedroom, bath & kitchenette, and the second is a study/writer's house with a full bath and outside shower. The lush tropical grounds open to all sides of the home and adjoining entertaining spaces, pool, and Casita via old brick pathways. This property is incredible. And it is priced at only $3.7 million. CLICK HERE for more info on this home. There is a great virtual tour that you can access from this page.

If that price is a little beyond your budget, don't fret. There are many homes available in all sizes and price ranges. Take a look a the Key West mls CLICK HERE. Then give me a call 305-766-2642.

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