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Home > Real Estate News > Page 2

House Prices: Simply a Matter of Supply & Demand

April 5, 2018 by Admin Leave a Comment

Why are home prices still rising? It is a simple answer. There are more purchasers in the market right now than there are available homes for them to buy. This is an example of the theory of “supply and demand” which is defined as: “the amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price.” When demand exceeds supply, Continue Reading

Retiring: To Consider when Choosing a Home

March 15, 2018 by Admin Leave a Comment

As more baby boomers are retiring, they will begin to consider selling their home. Retiring can be a tricky process, but finding a home that will adapt to your needs shouldn't have to be. When you plan for the Tallahassee real estate market, keep these factors in mind. 1. Affordability 2. Equity 3. Maitenence 4. Security 5. Pets 6. Mobility 7. Convenience At the end of the day, Continue Reading

Low Interest Rates Have a High Impact on Purchasing Power

July 6, 2016 by idxcentral Leave a Comment

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply Continue Reading

Holiday Home Sales Reach Highest Annual Pace in 11 years

July 3, 2016 by idxcentral Leave a Comment

Some Highlights: Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006. The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply. NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock Continue Reading

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Mark Trafton IV Broker/Owner

Mark has been a member of the Armor Realty family since September 2006. The company’s founder, Paul Armor brought Mark on board to be the Managing Broker and on January 1, 2010, Mark bought the company and became Broker/Owner.  He was licensed in 2002 and has subsequently earned the National Association of Realtors’ CRB designation (Certified Real Estate Brokerage Manager), CRS designation (Certified Residential Specialist), GRI designation (Graduate Real Estate Institute) and the SFR (Short Sale Foreclosure Resource) Certification. Mark has served the Tallahassee Board of Realtors in numerous capacities including Treasurer (2017 – 2018), Secretary (2009); Governmental Affairs Chairman (2005-2007); and Director 2007, 2008, 2010, and 2011.

Armor Realty of Tallahassee, Inc

1519 Killearn Center Boulevard
Tallahassee, Florida 32309

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