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Gene & Rebekah Rivers, REALTORŪ, real estate agent and broker for Tallahassee, Wakulla and Crawfordville Florida home listings, property and land for sale - NUMBER1EXPERT(tm)


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Economy: Tallahassee, Wakulla and Crawfordville Florida home buying, real estate listings, and homes for sale in Leon                           County, FL
Welcome > Local Info > Economy ...



Tallahassee, Wakulla and Crawfordville's Local Economy at a Glance
 

The latest figures from the state Department of Labor and Employment Security show nearly four of every 10 Tallahassee, Wakulla and Crawfordville workers were employed some form of government; more than a quarter of workers are in services ranging from doctors to lawyers to restaurant waiters. Traditional blue-collar jobs in construction, manufacturing and transportation combine for barely 10 percent of the work force. 

Targeted industries for future growth are associations, information technology, light manufacturing and electronics, magnetic research, insurance, health-related technology and advanced transportation systems. 

With a median age of 29, more than half of Leon County's relatively young, affluent, well-educated and skilled residents are in their prime working years. Some 40 percent of them hold a college degree, twice the national average. 

Tallahassee, Wakulla and Crawfordville's Top Ten Employers
1. State government (23,137)
2. Florida State University (11,253)
3. Leon County Schools (5,374)
4. City of Tallahassee, Wakulla and Crawfordville (3,933)
5. Tallahassee, Wakulla and Crawfordville Memorial Healthcare (3,641)
6. Florida A & M University (2,958)
7. Leon County (1,645)
8. Publix Supermarkets (1,450)
9. Terminal Service Co. (1,000)
10. Tallahassee, Wakulla and Crawfordville Community College (838)
 

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Real Estate Tips
Financing Your Home >When Interest Rates Rise

Many people fall out of the home buying market when interest rates start to go up. This is often a mistake. Many of the best mortgages deals become available when lenders are competing for new business and sellers are competing within a smaller buyer pool. You just have to know how to keep the costs down in order to counter the higher interest rates.

One of the best tricks is the buy-down. In a buy-down, a fee is paid at the closing to get a lower interest rate. In a soft market, an anxious seller may be lured into to paying all or part of the buy-down. Another approach is to get the seller to pay some of closing costs, thus lowering the amount of cash a buyer needs to close. Frequently the seller's costs can be used as a write-off by the buyer. Always consult with your tax advisor if you are considering such an arrangement.

If the market is softening due to rising or higher rates, the price itself becomes an area where a buyer may be able to save a lot of money on a house through skillful negotiating. Lower prices mean lower loan amounts, so don't be discouraged by higher rates--use them to your advantage.

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Real Estate Trivia
Q 
What is the highest skyscraper hotel in the world?

A 
The Grand Hyatt Shanhai in Pudong, Shanhai, China occupies the top 35 floors of the 88-story Jin Mao Tower, which at 1,378 feet is the tallest building in China and the third tallest building in the world.
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Gene & Rebekah Rivers, REALTORŪ, real estate agent and broker for Tallahassee, Wakulla and Crawfordville Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

The Rivers Team
Keller Williams Town & Country Realty

1520 Killearn Center Blvd., Suite 100
Tallahassee, Wakulla and Crawfordville, FL 32309
850-297-2255
850-201-4663
Toll Free: 800-286-1458
Fax: 850-201-4664
Email: RingTheRivers@NUMBER1EXPERT.com

The Rivers Team are the premier real estate counselors for the Tallahassee area and made REALTOR magazine's list of the top 100 real estate sales people nationally. They have been the leaders for Tallahassee's #1 Real Estate Team for the past six years. They believe Tallahassee is the best place in the world to live and raise a family!

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