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Can't We At Least Declare The Affordable Housing Crisis Is Over Here in South Florida?

Its been ages since I've heard anything about the affordable housing crisis. At the height of the housing boom there were regular articles in the Sun-Sentinel about how ordinary folks were being priced out of living here in South Florida. Wages weren't Read More...
Posted Sunday, February 24, 2008 8:32 PM by Tom Day | 1 Comments

Not Everyone Is Moving To N. Carolina

Florida Realtor magazine this month is reporting that according to University of Florida reseach the States population grew by 331,000 people between 2006 and 2007. That equals about 900 people a day. While that is below the rate of 1,100 per day seen Read More...
Posted Thursday, February 07, 2008 10:55 AM by Tom Day | (Comments Off)

Good News. Property Tax Amendment 1 Passes Easily.

This morning I awoke to the news that Amendment 1 passed in yesterdays election. In fact it easily passed by a nearly 2 to 1 margin of 64% yes to 36% no. Initially I did not like the proposal but in the end I came around and voted for it. I decided that Read More...
Posted Wednesday, January 30, 2008 8:11 AM by Tom Day | (Comments Off)

What Are Your Predictions For 2008?

Around this time of year its not unusual to see predictions for whats ahead in the the new year. I was considering putting together a bunch of my own predictions for the real estate market. But right now I'm more interested in what the public has Read More...
Posted Wednesday, January 09, 2008 2:53 PM by Tom Day | 4 Comments

MLS Statistics for Greater Fort Lauderdale - Sept 2007

Here are some interesting statistics from the Realtor Association of Greater Fort Lauderdale . For the month of Sept. 2007 compared to Sept 2006. Available inventory for for Single Family Homes up 16% Available inventory for Condos-Townhouses up 26% Average Read More...
Posted Thursday, November 15, 2007 11:05 AM by Tom Day | (Comments Off)

A Positive Article From The Sun-Sentinel

I don't know how long its been since the Sun-Sentinel wrote a positve article about the real estate market, but it must be about two years. After years of pummeling the market on a weekly basis, I had to do a double take when I saw the front page. Read More...
Posted Saturday, October 27, 2007 8:35 AM by Tom Day | 2 Comments

Real Estate Cycles – Are They Predictable?

The answer is YES! For 81 years , Keyes has successfully navigated through the South Florida real estate waters and knows that the downturns are temporary! In the past 38 years there have been four cycles – each bottoming in ’74, ’82, Read More...
Posted Friday, January 12, 2007 10:55 AM by Tom Day | (Comments Off)