Check out this great article from REALTOR Magazine! Rebound in Existing-Home Sales! - 10/27/09 11:40 AM
Big Rebound in Existing-Home Sales
Daily Real Estate News, October 23, 2009 NAR, Realtor Magazine Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of REALTORS®.Existing-home sales-including single-family, townhomes, condominiums, and co-ops-jumped 9.4 percent to a seasonally adjusted annual rate of 5.57 million units in September from a level of 5.10 million in August, and are 9.2 percent higher than the 5.10 million-unit pace in September 2008. Sales activity is at the highest level in more than two years, since it hit … (1 comments)

Fears and Facts about buying a new home! - 10/26/09 09:07 PM
You may have not decided to buy yet but a lot of fears are unfounded.  Here are a few examples of past clients concerns:
Fear: I should wait until the real estate market gets better.
Fact: There is never a wrong time to buy the right home.
 
Fear: I don't have the money for the down payment.
Fact: There are a variety of down payment options available to you.
 
Fear: I can't afford to buy my dream home.
Fact: The best way to get closer to buying your dream home is to buy your first home.
 
Fear: I … (0 comments)

Some words of advice for anyone who's considering buying a home or refinancing: - 10/26/09 08:51 PM
Last week, Federal Reserve Chairman Ben Bernanke said that as the economy heals, the Fed will be very vigilant to protect against inflation. While inflation is not a problem at present, it will most certainly become a problem down the road. So why does this matter if you are considering purchasing or refinancing?
Because inflation is the arch-enemy of Bonds and home loan rates, and just the knowledge of it coming has been causing both Bonds and home loan rates to worsen in recent days. Along with the fear of inflation, the Fed's purchasing program of Mortgage Backed Securities is already … (1 comments)

Weekly best buy list of great Tallahassee properties! - 10/06/09 11:07 PM
Would you like to receive our Best Buy List on a regular basis? just let me know and I will sign you up to receive great listings picked by our team of buyer specialist who know the market and the great deals that are out there. Every week, the Rivers Team agents compile a list of the absolute best buys that they find in our local market - this includes properties in all price ranges and areas.
You'll find the link to this week's properties below. You can view the property descriptions in the link that is provided and call us if … (0 comments)

Hurry! $8,000 Reasons to Buy Your First Home Now before the November 30, 2009 deadline! - 10/06/09 10:43 PM
Thinking about buying your first home? Act today and the government will give you FREE money in the form of a tax credit or down payment. No, you're not dreaming! As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time home buyers. And those who qualify for the federal $8,000 first -time home buyers tax credit will be able to apply for down payment assistance through
the state of Florida or the Federal Housing Administration (FHA) before … (0 comments)

Motivation for Moving! Great Info from Relocation.com and KW research - 10/01/09 09:14 AM
More Moving for Positive Reasons & Less for Recession

Half of people surveyed by Relocation.com moved to improve their living
situation. This is a huge improvement from last March when the majority
of people moved due to the recession.
Source: relocation.com

• 26% moved to live in a bigger or better home
• 24% moved into a better neighborhood
• 12% moved to be closer to family or friends • 9% moved into an area with a lower cost of living
• 6% moved due to a change in marital status
• 3% or less for each of the … (0 comments)

Tallahassee Appreciation Stats over the past 5 years! - 10/01/09 08:51 AM
These numbers are according to the FAR UF Bergstrom Report  
We looked at the individually - year to year and then an overall average rate.  
Tallahassee  
2009                                                 $174,100      down 18%  
2008                                                 $205,900      down  2%  
2007                                                 $210,200      up 18%  
2006                                                 $172,800     down 2%  
2005                                                 $176,700    up 15%     
2004                                                 $153,600    
Over the last 5 years prices have gone from a median of 153,600 to $174,100 which is a 2.6% appreciation for the past 5 years.
For more information on the Tallahassee Market give me a call at 850-591-2599 or … (0 comments)

 

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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