One of the most common clauses buyers utilize when submitting an offer to purchase real estate is the “right to inspect.” Based on the number of calls to the Florida Realtors Legal Hotline, this also is one of the most misunderstood clauses – and one that could have serious consequences for buyers and sellers if…
As we look back at the Tallahassee real estate market in 2017 we can see several trends that will impact the market in 2018. There are several major factors that will influence 2018 from mortgage interest rates, inventory of homes available, federal tax changes and various home buying motivations. Understanding these trends and how to…
Purchasing a home can seem like an overwhelming process. Especially if you are a first-time home buyer, it can be hard to know where to start. The following tips are here to help make your journey simple and easy. Keep It Together: Staying organized during the home buying process starts at the beginning. Make sure to…
The holidays are officially here—and while merrymaking and gift shopping are likely top of mind, you may have to keep some of those celebratory urges in check if you’re planning to sell your home next year. Why? Because many holiday season activities can come back to haunt you when your house is on the market, even if it’s months later. Don’t…
Studies show that we make up our minds about people within seconds of meeting them. So it stands to reason that prospective buyers are doing the very same thing with your house, especially in a red-hot real estate market. More buyers these days are sizing up your space and making lightning-quick decisions about whether it’s worth investigating further—or whether they should…
Every homebuyer wants a good deal on their real estate purchase. According to a report by Fortune Builders, location and condition are two key determining factors in deciding if a home is a good purchase. While price also matters, finding a property that can be overhauled with minimal effort and time may not be that easy. Anyone who has bought a…
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 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…
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…
To many real estate pros, home staging has gone from a luxury to a necessity. The National Association of REALTORS® found in a recent survey that sixty-two percent of sellers’ agents believe staging a home decreases the amount of time a home spends on the market, and a third say it increases the selling price.…
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.