Key West Happenings, Real Estate Blog and News

Local Key West and Lower Keys Attractions and Events, National Real Estate News and More.

Margarita Villoch of Island Group Realty has lived in Key West for over 30 years and in that time has amassed a wealth of local knowledge and information. Below you’ll find news and articles ranging from historical information about local Key West and Lower Keys landmarks and upcoming festivals and events, to current national real estate news and happening.

Use the buttons below to sort articles by category and please contact us for questions about any of the information listed within.

Some HighlightsOnce your offer is accepted, an inspector will assess the condition of the house, including things like the roof, foundation, plumbing, and more.That information is incredibly important and paves the way for you to re-negotiate with the seller, as needed. So, you don’t want...

From rising home prices to mortgage rate swings, the housing market has left a lot of people wondering what’s next – and whether now is really the right time to move. There is one place you can turn to for answers you want the most....

As you think ahead to your own move, you may have noticed some houses sell within days, while others linger. But why is that? As Redfin says:“. . . today’s housing market has been topsy-turvy since the pandemic. Low inventory (though rising) and high prices...

With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you’ve been watching your 401(k) or investments lately, chances are you’ve felt that pit in your stomach. One day it’s up. The next day, it’s not....

Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock.But that’s actually a common misconception. Here’s the truth.Do You Really Have...

Some HighlightsThanks to recent home price appreciation, homeowners have near record amounts of equity – and you may too. On average, homeowners have $311K worth of equity.Once you sell, you can use it to fund your down payment on your next home or maybe even...

Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving a lot of people wondering what it means for the value of their home – and their buying power.Let’s take a look at some...

For a long time, the housing market was all sunshine for sellers. Homes were flying off the shelves, and buyers had to compete like crazy. But lately, things are starting to shift. Some areas are still super competitive for buyers, while others are seeing more...

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, ultimately leading to a wave of...

It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great.Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That...