Private Mortgage Insurance Change - 02/29/08 06:13 AM
The entire state of Florida is officially considered a declining market. Mortgage insurance companies will not issue a policy if the loan to value or combined loan to value is greater than 90% effective March 1. This is a FannieMae/FreddieMac guideline that is across the board.  FHA loans are not affected … (0 comments)

Local View - 02/27/08 02:19 PM
Hello everyone!  Last night I was talking to someone who has had a tremendous amount of experience in our market over the last decade.  I was telling him that things have definately started to pick up and was excited about the growing trend.  He reminded me that this is usually the cycle and that we … (2 comments)

Don't hold out too long for good prices - 02/22/08 06:42 PM
Yes, it is a buyers market. And yes, as the inventory increases, buyers ave more to choose from and much more freedom. Times have gotten even better for buyers because interest rates have steadily declined. However, this willnot last for long. If you the home that you have found, yet you … (3 comments)

Outdoor Rooms - 02/18/08 09:03 PM
After a couple of warm spring-like days, the dropping temperatures remind us that it is still winter.  Despite that thought, I am beginning to see buds on the Bradford pears and dreaming of beautiful Tallahassee days soon to come.
Now is the best time to begin planning for your outdoor retreat.  A … (0 comments)

New Construction Inventory in Tallahassee, FL - 02/18/08 05:37 PM
 
Hello All! 
With all the talk of new construction inventory I thought it may be interesting to look at the levels here in Tallahassee. In all of Tallahassee there are currently 285 new construction detached single family new construction (built 2007 or 2008) homes available through our local MLS. There are 33 pendings … (3 comments)

Raising the Limit - Kierston Schultz - 02/18/08 04:19 PM
As I was reading through the NAR website, I happened upon this article.  I think it will help, but is just a VERY small piece of the puzzle.  Read below.
Kierston
http://www.realtor.org/press_room/news_releases/2008/nar_challenges_hud_regulators_loan_limit_increases_feb08.html
… (0 comments)

Our Local Market by Kierston Schultz - 02/12/08 10:33 AM
There is no doubt in anyone's mind that real estate around our nation is in a state of diress.  However, we have to remeber that it is also localized!  The trends in south Florida and California are not going to directly reflect the market here in Tallahassee.  I feel pretty fortunate … (3 comments)

Kim Rivers -- Things are looking up! - 02/07/08 07:01 AM
Hello all! As you may know, I specialize in working with sellers. What a trying year 2007 was for home sellers! Since the beginning of '08 I have noticed the market beginning to come to life and certainly in the under $250,000 range. I am currently dealing with 2 multiple offer … (5 comments)

 
Real Estate Agent: The Rivers Team, Gene and Rebekah Rivers Broker/Owner (Keller Williams Town & Country Realty)
The Rivers Team, Gene and Rebekah Rivers Broker/Owner
Tallahassee, FL
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Keller Williams Town & Country Realty

Office Phone: (850) 297-2255
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The Rivers Team blog is designed to inform you about Tallahassee Real Estate and Tallahassee and the surrounding communities. We service Tallahassee, Crawfordville, Havana, and Leon, Franklin, Gadsden, & Jefferson Counties. This blog is maintained by our agents during their on call shift. We invite you to post your comments and replies to our Tallahassee real estate and community messages. Thank you for stopping by!

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