The numbers of bank owned properties, or REO’s (real estate owned) properties for sale has remained constant for the past 24 months. Fluctuating at times, however as of March 20, 2011 the Florida Keys Multiple Listing Service or MLS Had 91 bank owned properties currently listed with 43 under contract. During the same time period the number of short sales has also remained contestant and as of today there are 575 Short Sales currently listed in the MLS with 274 short sale properties under contract. The numbers of available properties have remained stable however with in those numbers the number or pending contracts has increase significantly.
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