Tallahassee Real Estate Blog

Another Reason The Keenan Team is At Keller Williams Realty
May 21st, 2009 10:04 AM

When a Realtor considers establishing a real estate practice, the choice of brokerage firms is critical.  That's why the Keenan Team is at Keller Williams Realty in Tallahassee - it's great!  Another reason why...

Keller Williams Realty Brokerages Dominate Annual Industry Surveys
3rd largest company in U.S. the only major franchise to show growth

AUSTIN, TEXAS (May 19, 2009) —According to two of the industry’s most comprehensive annual surveys, Keller Williams Realty brokerages continue to defy the pervasive downturn in the industry by growing and expanding.

RISMedia’s Power Broker Report and REAL Trends’ REAL Trends 500 rank the largest residential real estate brokerages in the U.S. based on transaction sides and sales volume. This year, Keller Williams Realty had more brokerages on both lists than any other real estate brand.

In the REAL Trends 500 report, Keller Williams Realty dominated, with its offices comprising more than a quarter of the entire list. Of all the major brands represented in the report, Keller Williams was the only company to boast growth in both number of agents added to its ranks and in total transactions closed.

Within RISMedia’s Power Broker Report, Keller Williams Realty again had the largest majority on the list – accounting for 35 percent of all the brokerages listed. The report also ranked Keller Williams Realty #1 in number of agents and total closed transactions.

“These results prove what we already knew – Keller Williams Realty is experiencing the next phase of our growth during this shift,” said Mark Willis, CEO of Keller Williams Realty, Inc. “Our agents and offices are capitalizing on the opportunities presented in today’s market and powering forward.”

About Keller Williams Realty Inc.:

Founded in 1983, Keller Williams Realty Inc. is the third-largest real estate franchise operation in the United States, with 679 offices and 73,000 associates in the United States and Canada. The company, which began franchising in 1990, has an agent-centric culture that emphasizes access to leading-edge education and promotes an economic model that rewards associates as stakeholders and partners. The company also provides specialized agents in luxury homes and commercial real estate properties. For more information, or to search for homes for sale visit Keller Williams Realty online at (www.kw.com).

 


Posted by Terance Keenan on May 21st, 2009 10:04 AMPost a Comment (0)

State of Florida Allows You to Buy for Little Or No Money Down!
May 29th, 2009 9:12 AM
On May 27, Gov. Crist signed the state's budget bill, which included $30.1 million for the Florida Homebuyer Opportunity Program, which will help with downpayment assistance.

Beginning July 1, those who quality for the federal $8,000 first-time homebuyers tax credit will be able to apply for downpayment assistance before they close on the purchase of their home, and then repay the amount borrowed when they get their tax refund. The program will operate through local county housing administrators. Details are still being worked out.
 
Before, buyers had to purchase first, then file an amended 2008 tax return to receive their rebate. Now, buyers can access that money before closing to use as a downpayment.
Like other downpayment assistance programs, there is a limited supply of state funds. It's not known exactly how the prorgam would work, but it may be safer to utilize this program sooner rather than later.
 
Just think - if you purchase a home where the seller will pay closing costs, and you obtain an FHA mortgage which requires only 3.5% downpayment, you can use the $8,000 for the downpayment, and buy a home with no money out of your savings!

Please call us for more information on how to maximize this benefit - 850.445.2476!

Posted by Terance Keenan on May 29th, 2009 9:12 AMPost a Comment (0)

What Does This Chart Mean to You??
May 25th, 2009 1:38 AM

Here's a chart showing how the monthly median sale price compares to the January 2007 median sale price.  Notice the monthly price relative to January 2007 increases through 2007, but declines through 2008.  Now the decline appears to be narrowing. 

Is this a sign of stabilization?

Or a statistical blip?


Posted by Terance Keenan on May 25th, 2009 1:38 AMPost a Comment (0)

First-Time Homebuyer Mortgage Payments
May 13th, 2009 11:00 AM

The $8,000 federal income tax credit for first-time homebuyers is beginning to have a real effect on increased sales! 

Let's put it terms of real dollars.  If you purchase a Tallahassee home with a $150,000 mortgage at today's 4.8% interest rate, your principal and interest payment would be $787.  Your $8,000 tax rebate can be applied to your mortgage payment every month (at $667 every month for 12 months) to make your effective principal and interest payment $120!! 

You do not need to wait for your 2009 tax return to receive your $8,000 - simply file an amended 2008 tax return using a simple IRS form, and receive the $8,000 in a few weeks!  Call 850.445.2476 for more details!

By the way, there are great entry-level homes in Tallahassee in the $150,000 to $180,000 price range! 


Posted by Terance Keenan on May 13th, 2009 11:00 AMPost a Comment (0)

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