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Thursday, January 03, 2019

Second homes: Vacation properties for sale in the Florida Keys

Second homes: Vacation properties for sale in the Florida Keys: The Florida Keys are a year-round destination with opportunities for cycling, walking, running, swimming, kayaking, paddle-boarding, boating, scuba diving, snorkeling and fishing.

Key West’s Old Town is most well-known. But Stacey Pillar, a realtor at Coldwell Banker Schmitt Real Estate Co. in Key West, says there are other neighborhoods that have homes for those who want to buy vacation properties.

Pending Home Sales Fall in November: Homebuilder ETFs in Focus

Pending Home Sales Fall in November: Homebuilder ETFs in Focus: Rising rates and escalating housing prices are proving to be significant headwinds for the housing sector. Contract signings to purchase previously owned homes plunged for the second month in a row in November. Per National Association of Realtors (NAR) in Washington, index of pending home sales declined 0.7% in November and 7.7% on a year-over-year basis on an unadjusted basis (read: Fed Hikes Rates But Offers Dovish Outlook: ETFs to Play.)

The housing market has been affected by land and labor shortages, resulting in tighter inventories. Pending home sales have declined in six of the last eight months, signaling more trouble for the housing sector. The monthly reading for October remained unrevised at 0.6% decline from the previous month.