Florida Keys Real Estate News

Upper Florida Keys - Hurricane Irma, one month later

October 12th, 2017 1:14 PM by Claire Johnson

A month has passed since Hurricane Irma came to town.  Debris mounds are accumulating on the side of the highway and are being trucked out of the Keys as quickly as possible.  The subdivision streets are being cleared and we are starting to see some normalcy return.  The homes that were affected the worst are being worked on at a steady pace to get them back in shape.  Most businesses are open and the tourists were allowed to return!  Fantasy Fest in Key West is gearing up to rock the streets at the end of this month.  

Islamorada, Florida Keys ~ Dolphins Riding Bow from Claire Johnson on Vimeo.

The real estate in the Upper Keys is moving forward ~ I am seeing properties being put under contract, deals are closing and buyers are still coming down.  I am showing property this afternoon and all day tomorrow!  The Upper Keys real estate values ~ Key Largo and Islamorada ~ should not be affected by the storm.  The inventory and absorption rate slowed more due to the Presidential election than it has to the Hurricane at this point.  The fall months are customarily our slower months.   

Many investors are ready to find that "deal" but the homeowner's are still waiting for the insurance companies and adjusters to put them on their schedules.  There will be some residents who throw in the towel and leave the area but I have a feeling most will rebuild.  There is no other place like the Florida Keys. Our community is amazing, our waters are like no other in the United States, we have all moved here for a reason ~ a category 4 hurricane is not enough to scare most of us off!

The Lower Keys were hit harder than the Upper Keys.  They are still in need of help to remove debris from their yard and find a place to live.  Please continue to send you support, love and prayers to them.  Every single island in this chain make up the Florida Keys - we won't rest until we are all back as one.    



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