Florida Keys Home Sales Decline

From Keysnews.com

Large housing inventory depresses local market BY ANNE-MARGARET SWARY Citizen staff Monroe County home sales continued to decrease in the second quarter of 2008, sliding 31 percent from the second quarter of 2007. According to statistics from the Monroe County Property Appraiser’s Office, about 113…

And prices have slide from totally outrageous ridiculous to just obscenely high

I wish I had taken a screen shot of a burned out shack someone was trying to sell on the mls for 400k, there are still tiny 300-400 square foot places on the mls , for over 300k. Are those people totally unaware of what is going on?

thank god, we couldn’t afford to buy anything when we first moved here. We would be totally screwed

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