Shell Shocked in Key West

November 5, 2006
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Following is a post from a friend living in Key West.He posts under the name “FreeThinkerKW” on my board on the Motley FOOL, and rents a house in Key West. Here goes from FreeThinkerKW….
As longtime readers of this board know, I live in Key West where Real Estate tripled, quadrupled, and quintupled in the past 6 to 7 years.
I alerted this board to the most unprecedented “happening” in Key West in my 16 years down here which took place yesterday, Saturday: an attempt to sell 22 homes at auction in a stalled real estate market.
Last week in Key West, only [...]

By Michael Shedlock

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