We have made it through the first three quarters of 2015 and it has been a productive one in the Tallahassee real estate market. Those of us that are working with home buyers and sellers have seen an increase over 2014. What are the factors that are influencing real estate market growth?
- Interest rates are currently on hold and we hope to see them stay that way for some time.
- The inventory is down so some price ranges are limited to what is available.
- We are seeing more new construction in the area and that is a positive for Tallahassee and the surrounding counties.
- The overall market prices have leveled off and others are seeing a slight gain because of the inventory supply.
If you have been on the fence about buying or selling, I would advise you to take advantage of these positive trends and get in the real estate market.
Until next month, enjoy life cherish those that are close to you and take advantage of life’s journey.