Tallahassee Real Estate Blog

In Novemeber, 166 single family homes were sold in Tallahassee.  Compare that to November 2008, when only 84 homes were sold.  That's a 98% year-over-year gain in sales!  Four reasons:

• Low but stabilizing prices
• Historically low interest rates under 5%
• $8,000 and $6,500 homebuyer tax credits
• Slowly improving economy

Good for buyers, but still a very tough market for sellers.  There is no way to brush away the pain felt by many families having to sell under hard circumstances.  Hopefully, these numbers are the beginning of the process where homes are bought off the market, reducing inventory and bolstering prices.  It will be a long process, but one that will produce a more healthy, balanced market between buyers and sellers.

If you are looking to take advantage of the $8,000 or $6,500 tax credits in effect until April 30 2010, please call us at 850.445.2476.

If you need to sell and want thoughtful, experienced guidance, please call us at 850.445.2476.  No obligation, just the straight scoop on selling.