Tallahassee Real Estate Blog

November 17th, 2010 12:49 AM

With these uncertain economic times, it's easy to understand why the number of luxury home sales - those homes over $400,000 - in Tallahassee has decreased since 2009.  To date, luxury sales are down 19% over last year.

However, the number of luxury distress sales has nearly tripled this year, from 5 in 2009, to 14 in 2010.  Unfortunately, these distress sales will continue into 2011.  For those looking to buy a tallahassee home ata discounted price, let us guide you through the distress sale inventory.  Distress sales are not for everyone, and there are certain risks involved in purchasing these homes.  We can help you decide what's right for you.  Give us a call at 850.445.2476. 

ATTENTION INVESTORS ***  We are holding a "First-Time Investor Seminar" December 8, at 6:00pm at our office - 1520 Killearn Center Blvd, Tallahassee.  Light refreshments will be served, and we'll have free investment guides.  This seminar will cover basic financial calculations, acquisition issues, and a distress property overview.  Please call 850.445.2476, or email us at terancekeenan@kw.com to reserve your place.        


Posted by Terance Keenan on November 17th, 2010 12:49 AMPost a Comment (0)

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