7 first-time homebuyer mistakes to avoid

Home prices are hitting record highs in many parts of the country, often selling for more than the asking price, and going from list to contract in a record 37 days, according to Redfin. “We’ve never seen a faster or more competitive market,” says Redfin spokeswoman Rachel Musiker. “Basically this market isn’t for the faint…

New-Home Sales Surge: Is That Good or Bad for Buyers?

New-home sales are back. After a few months of drops in the number of buyers scooping up these abodes with that fresh, never-been-lived-in smell, sales are once again surging. The number of buyers who closed on newly built residences spiked in September, according to a joint report by the U.S. Census Bureau and U.S. Department of Housing and…

Luxury homes can’t keep up with high demand

The supply shortage that has been plaguing the nation’s housing market for the past two years has now affected the most expensive homes. The number of multimillion-dollar listings is suddenly dropping, and that is only making these pricey homes, well, pricier. The top 5 percent of homes by price sold in the third quarter saw their…

Why the Equifax Breach Might Make It Harder to Buy a Home – and What You Can Do

For years, security experts have been fearing “The Big One.” Not terrorist incidents, bombs, or hurricanes—their warnings have been centered on cyberattacks. And now, one of the largest and potentially most damaging data breaches ever has occurred, at the credit-reporting company Equifax. The company revealed that personal information from about 143 million consumers—possibly including Social Security…

Pine Dove Farm: North Florida’s first agrihood – from USA Today

A national trend called “agrihoods” is planting roots in Tallahassee with the introduction of Pine Dove Farm. The 203-acre subdivision is Tallahassee’s first planned agriculture community. It’s located off Apalachee Parkway and down a winding Williams Road in eastern Leon County. The development will include around 130 homes starting at $289,000 on half-acre lots. The idea is to build…