January 2012<-- | Print
  • Terance Keenan
  • Terance Keenan & Susan Byler - Trusted Professionals
  • Keller Williams Tallahassee

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area 1

February 2012
Your real estate information source.

Susan Byler & Terance Keenan Tallahassee Real Estate News

Susan Byler and Terance Keenan offer you the best Tallahassee Real Estate news to help you with your home buying or home selling decision. Feel free to call on us for custom market information and personal consultations!
Susan Byler 850.510.8583
Terance Keenan 850.445.2476
Info Line: 850.329.0050

Terance Keenan

Trend, Tips & Tricks

area 1 Real Estate Sales Data

Average Listing Price (last 12 months)

Average List Price in January

Single Family Homes $199,681 Condos/ Townhomes $105,363 Multi-family $236,866

Keys for Buying and Selling when the Market is slow

Keys for Selling When the Market is Slow

It's a whole new world for home sellers. So how do you make your house stand out so it will sell when sales are slow?
Flexibility is the key now. You'd like to close in two months but the buyers might be in a hurry and need to close sooner. Find a way to make it happen. You were planning to take the appliances to your new home but the buyers make a bid near asking price, that includes the appliances. Leave the washer and dryer behind (then go find a store that offers no payments on appliance purchases for a year). For those items that have deep sentimental value, make sure they are removed prior to any showings.
Competition between home sellers is high - you don't want to lose the only buyer who has looked at your home in a month because of a favorite mirror.

area 1 Real Estate Sales Data

Price Reduction (last 12 months)

Recent Price Reductions in January

Single Family Homes 7.3% Condos/ Townhomes 9.0% Multi-family 9.1%

Home Improvements and Which Ones to Do

Home Improvements and Which Ones to Do

Whether you plan to sell in the near future, or just want to improve the value of your home, here is one low cost improvement you should consider. Give your home curb appeal!
Landscape the front yard. If the bushes are overgrown, the birds are dining on grubs in your lawn, and dandelions are the only flowers in the front yard, perhaps it's time to get out the gardening tools.
Landscaping today doesn't mean three evergreen bushes on the right and three evergreen bushes on the left. There are dozens of choices of plant materials that can add color and style to your front yard. Stop by your local landscaping center - they'll have lots of ideas for you. Know the measurements and layout of your yard so a landscaper can advise you on how many plants or supplies you need.

area 1 Real Estate Sales Data

Days on Market (last 12 months)

Current Average Days on Market in January

Single Family Homes 209 Condos/ Townhomes 279 Multi-family 303

Negotiate the best Deal

How to Negotiate the Best Deal

Buyers are finally being able to take advantage of cooling trends in previously hot markets. Multiple offers are no longer being thrown at sellers as soon as the For Sale sign hits the front yard. Here's a tip about negotiating the best deal:
Human nature is the biggest problem for sellers and buyers to overcome in a changing market. Prices stagnate or drop a few percentage points and it's amazing how different buyers and sellers react. Sellers still think their house is ôspecialö and immune to the market. Buyers figure every seller is about to be foreclosed on and make ridiculous low-ball offers. Smart buyers do their homework, know what size home they need, how much they can afford and then search the market for what they want and negotiate fairly.