Yearly Archives: 2012
The 5 Biggest Real Estate Stories of 2012
Housing as Tailwind Not a headwind to the National Economy Over the last several years, many experts claimed that the housing market would not recover until the overall economy recovered. Others, including us here at KCM, believed the exact opposite – … Continue reading
Number of Days It Takes to Complete a Foreclosure
Interesting infographic below showing the average number of days it takes each state to complete a foreclosure. Why the disparity? States that take longer usually have more complicated foreclosure laws and a lengthy judicial process. Additionally, they may have been hit harder by the … Continue reading
Things Are Looking UP
Here are some positive news stories you may find interesting: Florida’s Housing Market Growing Stronger http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=284687 Freddie Mac: Expect Good Things in 2013 http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=3&id=284670 Loan Demand For Home Purchases Hits Another High http://realtormag.realtor.org/daily-news/2012/12/12/loan-demand-for-home-purchases-hits-another-high?om_rid=AAD2ZY&om_mid=_BQyLgVB8vsWcNg&om_ntype=RMODaily More Americans Say … Continue reading
Interesting Info About Buyers and Sellers
Some interesting findings came out of NAR’s (National Association of Realtors) recent survey of buyers and sellers. For instance, the portion of buyers who were married couples was at its highest levels since 2001 while the share of single buyers … Continue reading
National Housing Metrics are Looking Good
The Tallahassee, FL market is looking better as well. Sales are up and prices are stable. The inventory and the average days on market are both down, which is good.
Will The Foreclosure Cycle Be Broken Soon?
Good news below! Nationally, the numbers are all pointing in the right direction. Locally, we still have a ways to go as nearly 1 out of every 3 homes that sold in Leon County the past 12 months were distressed, meaning they … Continue reading
Appraisal Issues are Hurting the Market
According to a recent survey by the National Association of Realtors, appraisals are definitely having a negative effect on the market. Keeping Current Matters October 2012
Home Prices: Annual Appreciation for last 25 Years
Here’s an informative illustration of home appreciation for the last 25 years. What can we conclude? For one, the demise of the housing market which began in 2006 happened because homes appreciated TOO RAPIDLY, at UNREASONABLE levels during the immediate years … Continue reading
5 Reasons to Buy Now
Based on prices, mortgage ratesand soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying: Supply is Shrinking With … Continue reading
5 Reasons to Sell Now
Many sellers feel that the Spring is the best time to place their home on the market as buyer demand increases at that time of year. However, the Fall and Winter have their own advantages. Here are … Continue reading
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