Shell Shocked in Key West

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

This entry was posted on November 5, 2006 at 3:26 am and is filed under Today's Markets. You can follow any responses to this entry through the RSS 2.0 feed.