The Truth About Housing Affordability

December 4th, 2016

From The KCM Crew at

The Truth About Housing Affordability | Keeping Current Matters

“From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Services discusses this in their most recent Monthly Mortgage Monitor.

Here are two of the report’s revelations:

  1. The average U.S. home value increased by $13,500 from last year, but low interest rates have kept the monthly principal & interest payment needed to purchase a median-priced home almost equal to one year ago.
  2. Home affordability still remains favorable compared to long-term historic norms.

The report explains:

“Even though the value of the average home in the U.S. increased by about $13,500 over the last year, thanks to declining interest rates it actually costs almost exactly the same in principal and interest each month to purchase as it did this time last year.

Even taking into account the fact that affordability can vary – sometimes significantly – across the country based upon the different rates of home price appreciation we’re seeing, that’s a pretty incredible balancing act between interest rates and home prices at the national level…

Right now, it takes 20 percent of the median monthly income to cover monthly payments on the median-priced home, which is well below historical norms.”

However, the report warns that affordability will be dramatically impacted by an increase in mortgage rates.

“A half-point increase in interest rates would be equivalent to a $17,000 jump in the average home price, and bring that ratio to 21.5 percent. This increase is still below historical norms, but puts more pressure on homebuyers.”

Bottom Line

If you are ready and willing to purchase a home of your own, find out if you’re able to. Now is a great time to jump in.”

Sean Rady, Realtor, Buyer’s Specialist. The Rivers Team, Your Tallahassee Real Estate Experts. 

 The Rivers Team is here to answer all of your questions and help you get into your new home.  If you are looking to relocate to or within Tallahassee and for all of your Tallahassee Real Estate needs, call The Rivers Team at (850) 297-2255 or visit us at

7 Ways to Stage Your Home for Sale This Holiday Season

December 3rd, 2016

From HGTV:

Add Holiday Adornments

The less-is-more mantra of home staging may tempt you to forgo holiday cheer this year. But a few subtle touches like a pinecone centerpiece, an evergreen wreath or a pot of cider simmering on the stove can create a warm and festive feeling in your home. Avoid overtly religious flourishes, which may be off-putting to some buyers.

Complement Your Palette

Before you start untangling your tinsel, make sure your holiday collection matches your current decor. If your living room has a clean, all-white color scheme, skip the clashing red garland and opt for a white tree, white candles and silver glass ornaments. If you’ve got an earthy color scheme, accent with rich tones like cranberries, forest greens and gold.


Accentuate Positive Features

Too many trimmings may distract buyers, but the right accessories can draw attention to your home’s best features. Try hanging a few tasteful ornaments from your mantel to highlight an elegant fireplace, or dangling mistletoe in an arched doorway.

Go Light on Lights

Leave the giant inflatable snowman in storage this year. One man’s “merry” is another man’s “tacky,” so tone down any garish light displays while your home is on the market. (No, your neighbors didn’t pay us to say that.) Instead, use simple string lighting to play up your home’s architecture or draw attention to the gorgeous fir tree in your front yard.

Mind the Tree

A tall Christmas tree can help you show off your two-story great room, but make sure the wide base won’t overwhelm the floor space. If your living area is on the small side, save space with a skinny tree. Swap the gaudy heirloom ornaments and trim your tree in a cohesive theme such as all red and gold ornaments, or icicle lights and silver tinsel.

Crank Up the Heat

Chilly weather presents the perfect opportunity to create an inviting environment for potential homebuyers. Buyers will be grateful for a place to escape from the cold, so before showings, turn the thermostat up a couple of degrees to make it extra toasty, or light a fire in the fireplace for an extra homey touch. Just remember, when you encourage buyers to spend more time in your home, you also give them more time to admire its best features.

Offer Tasty Bribes

Finally, serving food and drinks is another great way to get buyers to stick around and check out your home. Try warm treats such as cookies, hot chocolate or apple cider.”

Laying the Tile at 7484 Sunny Mariana Court!

December 1st, 2016


The tile is being laid over at 7484 Sunny Mariana Ct! – Click Here to see the Listing!

Come check out all our listings in this budding new neighborhood!

New Listing off Mahan Drive! 13020 Driftwood Circle, Tallahassee, FL 32317

November 30th, 2016


Spacious 4/2 double-wide home available on over half an acre off Mahan Drive in Northeast Tallahassee! No skirting, Floors have real plywood base, newer A/C & water heater. Living room has custom shelving & wood-burning fireplace. Dining room has built-in hutch; kitchen with bar, island, & pantry. Split floorplan; Master suite has double closets, additional walk-in closet, double vanity sinks, separate shower, & garden tub. Three additional bedrooms are spacious w/ deep closets. Laundry room opens up to huge backyard. Double doors lead to massive 500+ sq ft. Family Room/Man Cave with full size wet bar. Nice family home in great school zone – come see today!

For more info, call the Rivers Team at 850-297-2255.

Click here for the live MLS listing.

Push play below for our Virtual Tour!

Price Reduced! 355 Remington Run Way, Tallahassee, FL 32312

November 29th, 2016


Click Here for the MLS Listing!

Push play below for the Virtual Tour!

Future Living Room of 7484 Sunny Mariana Court!

November 23rd, 2016


Future living room with tray ceiling and recessed lighting – Click Here to see the Listing!

Come check out all our listings in this budding new neighborhood!

Progress on 7484 Sunny Mariana Court!

November 16th, 2016



The drywall is up and the doors have arrived – Click Here to see the Listing!

Come check out all our listings in this budding new neighborhood!

New Settlers Creek Listing! 3872 Magellan Trail, Tallahassee, FL 32303

November 12th, 2016


Great 3/2 family home available in Settlers Creek with fully fenced backyard and 2-car garage! Very spacious home with vaulted ceilings and brand new flooring & paint job throughout. Living area has wood-burning fireplace, dining area has french doors that open to back deck. Kitchen with bar has recessed lighting & plenty of storage. Laundry room connects to garage and has built-in ironing station. Huge master bedroom has vaulted ceiling, peek-a-boo window, 9ft deep walk-in closet, french doors that open to backyard, and private bath with jacuzzi tub/shower combo. Second & third bedrooms are also fairly large with double closets and share a full hall bath. Backyard has deck area and separate dogpen off to the side. Come see this home today!

For more info, call the Rivers Team at 850-297-2255.

Click here for the live MLS listing.

Push play below for our Virtual Tour!

Happy Home Buyers with Cindy Livengood of the Rivers Team!

November 11th, 2016


New Waterfront Lot Listings! 17 & 18 Waterfront Drive, Tallahassee, FL 32312

November 10th, 2016


Live on the lake!  Two .25 acre lots on the edge of Lake Iamonia available now.  Surrounded by peace, serenity, and nature, you are sure to love this place.  Enjoy relaxing on the dock or take your boat out on the lake.  With access to a public boat ramp only 2 blocks away, you are sure to live a life of ease when you come home to Lake Iamonia.  This is a great deal.  Come out a take a look.  There’s no doubt that you’ll want this to be your getaway. Lots 17 & 18 both being sold together or separately.

Click Here 275460 – Lots 17 & 18
Click Here 275461 – Lot 17
Click Here 275462 – Lot 18
For more info, call the Rivers Team at 850-297-2255!