If you ask me about my view on the Tallahassee Market then I would have to say the time to buy is NOW! In a recent article posted by RISMEDIA Inc. , November 25, 2009, It is stated that home prices are finally on the rise. This article states that U.S. house prices rose modestly in the third quarter of 2009 according to the Federal Housing Finance Agency's (FHFA) seasonally adjusted purchase-only house price index (HPI).
The article also states that ]the HPI, calculated using home sales price information from Fannie Mae and Freddie Mac-acquired mortgages, was 0.2% higher on a seasonally adjusted basis in the third quarter than in the second quarter of 2009. The article says that over the past year, seasonally adjusted prices fell 3.8% from the third quarter of 2008 to the third quarter of 2009.
This is GREAT news and I think it is clear with home prices finally on the rise, the wonderful tax credit extension and interest rates the best they have been in years why would you not want to buy a home NOW!
To read this great article by RIS Media Inc. you can visit the link below
For more information on the Tallahassee Market you can contact me! You can reach me at 850-591-2599 or email me at julie@ringtherivers.com
Julie Cox-Money
Buyer Specialist
The Rivers Team
850-591-2599
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