The buzzwords among
Lower Keys realtors is,
'Lack of Inventory'".
Very few places are available. When they come up for sale, they sell
immediately: "Building Lots" I was considering at $65,000 are selling at $199,000!
A dear neighbor had resigned herself—and a husband in declining health—to
assisted living in Broward County. (John Knox Village). She planned to ask $1,250,000. I told her, "Do two things: take down the
No Trespassing signs, and add $300,000 to your 'asking' price".
She did both, and sold the place in 24 hours! New owners started moving-in the same day.
As for my "Woodstock-era" friend, she is becoming resigned to accepting that
four-year, 8% lawyer's loan.
Is her best four-year hope an economy with rampant inflation?
