Florida’s housing market continued its positive momentum in the second quarter of 2017 with more closed sales, higher median prices and more pending sales, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 79,888 in 2Q 2017, up 3.7 percent over the 2Q 2016 figure. “Florida’s economy and…
Florida law requires landlords to comply with all applicable building, housing and health codes that can vary by county. However, there’s no simple or standard answer to the question “What rights do tenants and landlords have if Hurricane Irma damaged their rental unit?” since the answer could depend on terms within the lease. If no…
LEON COUNTY, Fla. (WTXL) – A new kind of neighborhood is coming to Leon County. It’s being called an “agri-hood”, and it will be the first of its kind in north Florida. Pine Dove Farm will blend a rural lifestyle with close access to the city. The development in southeastern Leon County is off Williams Road and…
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…
Sales of existing homes unexpectedly rose in May, increasing 1.1% to a seasonally adjusted annual rate of 5.55 million units, while the median house price rose to an all-time high of $252,500, a 5.8% jump from a year ago. Analysts say the inventory shortage of houses will continue to put upward pressure on house prices,…
WASHINGTON – June 9, 2017 – Government-sponsored financing giant Fannie Mae will ease its requirements next month, raising its debt-to-income ceiling from 45 percent to 50 percent on July 29. The move could pave the way for a larger number of new buyers to qualify for a mortgage, particularly millennials who may be saddled with…
Having been in the moving industry for close to twenty years, I have learned some practical moving day life hacks that make one of the most stressful experiences somewhat easier. After a long, exhausting day of moving, there are several creature comfort items all of us need immediately on our first night in our new…
They say timing is everything, so how do you know when is the right time to list your house for sale? Right now the Tallahassee real estate market is shifting into a “seller’s market.” The current amount of homes available for purchase is the catalyst for this shift. Have you thought about selling your home?…
The stock market opened strongly, pulled up by positive earnings reports, which unfortunately puts pressure on bonds. Some economic reports today are also moving markets: The latest S&P/Case-Shiller U.S. National Home Price Index showed home prices rising faster than expected, jumping 5.8% in February for the biggest monthly gain in 32 months. March’s single-family home…
Recently, we had a client come to us that was “re-habbing” their roof …think “flipping a property” like we see on HGTV television shows. Inside and outside this property had be remodeled and freshly painted, but the roof still looked old. The roof was only about 10 years old and had years of life left.…
We share insightful articles and resources to help homeowners and real estate professionals stay connected to the top trends related to the real estate market and local happenings in Tallahassee.