Key West popularity is really Booming

KEY WEST, Fla. - Feb. 3, 2014 - PRLog -- Per Fred Mullns of Coldwell Banker Schmitt, "Key West is booming yet again, with tourism increasing from year to year. In 2013, the island saw more activity than it did in 2011, and 2012. That;s definitely good news for the new businesses which have cropped up in 2012 and 2013.

Other Reasons why Key West is popular.

Key West is a popular place to live, work, and play because it’s diversity is so rich. Gorgeous sunrises and sunsets make it a tranquil, relaxed environment, while its appetite for nightlife and live entertainment remains strong.

Why Key West Weather is attractive.

The key to Key West’s popularity is its beautiful weather, recording more sunny days than anywhere else in the United States. The island is consistently caressed with a gentle breeze, courtesy of the  Atlantic Ocean and Gulf of Mexico. If you live in the Midwest or the NorthEast, you'll love it here.

Investment

Its high volume tourism rates make the location a great place for investment opportunities of all kinds. In 2012, there were 775 new businesses registered in Monroe County alone. Property ownership here is likewise attractive as many owners rent their homes and use them as seasonal getaways.

Home values in Key West remain steady, nearly impervious to the national real estate downturn because land is at a premium. New construction codes are strict, keeping new starts at a slow and steady pace. This is welcome news to property owners, who enjoy increased equity.

Fred Mullins has more than 15 years of cross-functional experience in real estate, international asset management and construction management. He has been a part of the management team for several Fortune 100 companies, including AT&T, Visa, FPL and C. B. Richard Ellis.

His responsibilities have included real estate / property management portfolios of more than 9 million square ft. and international responsibilities