Florida’s insurance market is finally turning a corner—and that matters for your wallet.Across the state, new insurers are entering the market, competition is increasing, and many homeowners and drivers are already seeing real rate reductions.Major carriers are reporting average homeowner savings of 5–8%, with even bigger relief projected at upcoming renewals.Auto insurance is improving too, with loss ratios dropping and insurers cutting rates for thousands of Florida drivers.These changes didn’t happen by chance—recent reforms are stabilizing the system and driving long-term savings.But here’s the key: not everyone automatically benefits unless their policy is reviewed and positioned correctly.If you want to know whether you’re overpaying or missing out on these savings, now is the time—call me and let’s review your options together.
 
From beachfront getaways to income-producing investments, the Florida Keys offer rare oppom ...

As we wrap up 2025, this chart tells a very encouraging story when compared to 2024. Across the Keys, we saw increased activity, stronger sales volume, improved pricing stability, and healthier overall market conditions. All great signs that the market has found its footing and is moving in the right direction.

Even better, the early indicators for the upcoming season are extremely positive. We are forecasting a very strong 2026 season with continued momentum and renewed buyer confidence.

If you are thinking about buying, selling, or simply want to understand what this means for your property’s value, I am always happy to connect. And as always, referrals are sincerely appreciated. If you know anyone considering making a move in the Keys, please send them my way.
Lela Ashkarian
305-395-0814
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A Cooling National Market
Imagine if, during a school bake sale last year, everyone rushed to buy cookies as soon as they were put out. Prices went up quickly because demand was high and there weren’t many cookies to go around. That was the U.S. housing market in 2024. Now, in 2025, things have calmed down. Between January and August, the price of the typical home across the country rose by only half as much as it did the year before. In fact, by August, the median (or middle) sale price was only 2–3% % higher than it was in August of last year. That’s like if your favorite candy bar costs $3 this year instead of $2.94 last year – you’d notice the increase, but it isn’t huge.
Why are things slowing down? Partly because there are more houses for sale and buyers are being more careful. High mortgage rates have made monthly payments more expensive, which makes some people wait. With more “for sale” signs popping up and fewer eager buyers, ; ...

Florida Keys Market Update: A Shift Toward Buyers?
The Florida Keys housing market is showing clear signs of change. 
Nationwide, Recent data reveals a surge in available listings—driven by a 31% rise in for-sale condos, a 26% increase in townhomes, and a 25% boost in detached single-family homes. This uptick in supply is creating new dynamics in one of the most unique and desirable markets in Florida as well  
More Homes, More Choices
For buyers, the increase in inventory is welcome news. Homes are staying on the market longer, giving potential buyers more options to explore and stronger negotiating power. Unlike the frenzied seller’s market we’ve seen in recent years, today’s market is tilting toward balance—and in some segments, even toward the buyer’s side.
Demand Dampened by Rates and Prices
However, increased supply doesn’t automatically mean homes are flying off the shelf. Buyer demand has cooled noticeably due to elevate ...

What This Means for Buyers

For buyers sitting on the sidelines, this could be a turning point:
Lower borrowing costs – Even modest declines in mortgage rates can improve monthly affordability and purchasing power.
More inventory opportunities – Some sellers may re-list homes, expecting stronger buyer demand.
Refinance potential – Buyers who purchase now at slightly higher rates may soon have the option to refinance if cuts materialize. If you are searching homes in the keys Register to this link below and view the entire Florida Keys MLS listings in your price range www.SearchFloridaKeysHomes.com Thank you ?? Lela 305-395-0814, Lela@Cbschmitt.com, Coldwell Banker Schmitt 

?? So many people put their buying plans on hold when homes were selling faster than the speed of light. They didn’t want to deal with the intensity, the stress, or the constant bidding wars. Now may be the moment to re-enter the market with less pressure and more negotiating p; ...