From Tallahassee Board of Realtors.
According to the Tallahassee Board of Realtors, the number of homes sold has increased from this time last year. This is likely due to the small inventory of homes available then due to homeowners waiting for home prices to rise before putting their homes on the market. Last month, many were looking to finally sell.
According to Fox Business, the Commerce Department reports sales of new, single-family homes jumped 25.4% in October from the month before to an annual rate of 444,000 units, topping expectations of a 428,000-unit rate. The spike was the biggest since 1980. See New Home Sales Surge 25.4% in October in Biggest Leap Since ’80.
– provided by the Tallahassee Board of Realtors
“Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed $100,000. If you had a $100,000 income tax problem, would you attempt to deal with it without the help of a CPA? If you had a $100,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be foolish to consider a deal in real estate without the professional assistance of a REALTOR®.”
- Tallahassee Board of Realtors, Value of a Realtor(R)
Read more about the Value of a Realtor
For your Tallahassee Real Estate needs, call me, Tim Kelly, at 850-445-1192