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Home > house prices

May 2018 Inventory vs Sales in Tallahassee

July 17, 2018 by Admin Leave a Comment

Leon County Inventory vs Sales --These are real numbers from our Tallahassee MLS.  In May of 2018, we had an inventory of 1,445 detached single family homes in Leon County vs 344 sales. --While we hear news that the market is getting better, it still can be a "challenging" market for sellers. --In order to be one of the few homes that sell, the home MUST be the absolute, clear choice Continue Reading

Homes are More Affordable in 44 out of 50 States

June 26, 2018 by Admin Leave a Comment

With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability prior to the housing boom and bust, we are in much better shape than most believe. In Black Knight’s latest monthly Mortgage Monitor, they revealed Continue Reading

Home Sales Grow Despite Low Inventory

May 24, 2018 by Admin Leave a Comment

Some Highlights: According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million. This is the strongest pace since November of 2017. Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2% lower than March 2017 levels, representing a 3.6-month supply.   Continue Reading

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

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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

(850) 893-2525
(850) 668-7590 Fax
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