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Author Archives: Mark Trafton

Vacation Home Sales Surge

The American desire to own a second home as a vacation home is alive and well! The National Association of Realtors analysis of U.S. Census Bureau data shows there are approximately 8 million vacation homes in the U.S. Their 2014 Investment … Continue reading

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Homeownership: A Great Way to Build Wealth

  Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to … Continue reading

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Five Reasons to Buy a Home Now

  Based on prices, mortgage rates and 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. 1. Competition is … Continue reading

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Five Reasons to Sell Now

Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? Can buyers qualify for a mortgage?  These are all valid questions. However, there are several reasons to sell your … Continue reading

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Waiting to Buy Could Cost You Dearly

As the market heats up, many folks may be contemplating buying a home.  Should they wait?  While we cannot predict the future, we do know what has happened the past year:  Nationally, homes appreciated 13.78% (Case Shiller Pricing Index) and interest rates increased from … Continue reading

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Ten Reasons to Hire an Agent

  Keeping Current Matters Feb 2014  

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Distressed Sales Leveled Off in 2013, But Are Still Too High!

The distressed sales in the graphs above include detached single family homes that sold in Leon County where the home was in the foreclosure process when it sold, was already bank owned, or was a short sale where the payoff for … Continue reading

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More Good News: Homes Are Selling Faster

In our previous two posts, we discussed how the number of detached single family homes sold in Leon County (Tallahassee, FL) was up significantly and that the median price was also up.  Well, there’s more good news:  Homes sold much … Continue reading

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Tallahassee Median Price is UP

In our previous post, we mentioned that the number of detached single family homes sold in Leon County in 2013 was up significantly and was at the highest level in 5 years.  There is more good news as the median price … Continue reading

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Sales Are The Highest in 5 Years!

The numbers are in for 2013 and they look promising.  2013 sales for detached single family homes in Leon County (Tallahassee, FL) came in at 2,420. That is an increase of 23% from 2012 and is the highest level we’ve … Continue reading

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