why are so many homes in cedar key, florida for sale?

Maureen
Home Buyer
Massachusetts

Answers (4)
Michele Boyer
Agent
Chiefland, FL

Are you looking for homes/condos in Cedar Key? It's a quaint seaside town and a great getaway place. Great if you enjoy the ocean, fishing, boating, etc. Lots of fun outdoor activities to do in Cedar Key. I am a local realtor & have properties for sale there, & right now some are a STEAL!! Let me know if you are interested..............

Michele Boyer
Smith & Associates, Inc./GMAC
352-207-1838 cell
352-493-4200 office
mbgmac1@gmail.com

Tue Feb 17 2009, 12:50
Karen Grimes
Agent
Morriston, FL

I will be happy to assist you in any way. Dan`s answer was very informative with him being an owner there.

Mon Feb 9 2009, 09:43
Karen Grimes
Agent
Morriston, FL

Hello!
I am a local Realtor. Cedar Key is a special place that I am familar with. I have done some Real Estate related work there as well.
The market there is relative to market conditions everywhere. There are some great deals, and one cannot be afraid to make an offer based on an appraisalT.his usually brings a seller back to earth when they finally realize that their property is not financible thus, no sale..., or just keep making offers until one sticks!!
.

Mon Feb 9 2009, 09:39
Dan Martin
Other/Just Looking
Gainesville, FL
FIRST ANSWER

Many owners foolishly think that they will still get top dollar for their property. Cedar Key is a small incorporated community (~700 people) directly on the Gulf. I have a weekend home in Cedar Key and it is a nice weekend get away spot. By my observation of the market, prices are down about 25% from the high and sales are few and far between, but I am not a realtor nor do I follow the market daily with a realty service. As far as I know there aren’t fundamental issues in Cedar Key that makes property undesirable (newly discovered pollution superfund site, etc.). In fact the town has recently redone the city park, is resurfacing many roads.

Sun Feb 8 2009, 07:24

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