The Psychology of Real Esate - Interesting

Here is an interesting article about how people think & see real estate choices & options.
http://realestate.yahoo.com/promo/the-psychology-of-real-estate.html

I definetly would reccomend painting and recarpeting if your home is showing too many signs of aging or wear an tear. This will help the buyers get past the cost & hassle of having to redo it themselves after they purchase. Most buyers will over compensate about 2-3 times for these type of items.

Example: If a buyer walks into a moderate home that needs new paint & flooring, rather than see or estimate it till take $2,500 for paint & carpet, they will estimate $5,000 to $7,500 just to be safe & offer that much less. Its good for both buyers & sellers to understand this & think logically about it to make the best decisions.

Thanks. Check back again - Chad Stewart - Westfield Realty Group - Lake City FL Real Estate Broker Associate.

Homes are extremely affordable, Especially Lake City FL Homes & Real Estate

FAR affordability index. Still running at historic highs. The average buyer has nearly twice the income necessary to buy the median priced home financed with the average fixed rate mortgage loan.

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Columbia County - Lake City FL Regional Inustrial Development News

RePost from Columbia County FL Industrial Development Authority newsletter. Lake City, FL is definetly a up & coming place for regional development, and long term growth & stability for Florida.

The Columbia County Industrial Development Authority is busy working on several projects for the betterment of Columbia County, the region and the state. To keep you up to date with activities involving economic development in Columbia County, we have attached several articles for your perusal. If you missed previously released articles and columns, they can be viewed by visiting our link on the County’s website, http://www.columbiacountyfla.com/IDA.asp  or you may click on one of the links to previous articles provided below. We are working diligently to develop our own website and will notify you upon completion.

Recent links relevant to economic development in Columbia County:

IDA Column: Historic meeting marks unified effort to transforms area’s economy : http://www.lakecityjournal.com/main.asp?SectionID=15&SubSectionID=75&ArticleID=6172
Jacksonville Business Journal: http://www.bizjournals.com/jacksonville/stories/2010/06/28/daily4.html?ana=e_du_pap
St. Leo University preparing students for International Trade: Here

Officials discuss major projects to prepare Columbia County as Inland Port: Article Here

Poole, Huddleston and Reynolds selected for Florida Chamber Foundation’s Caucus System: Link Here

Plum Creek and Columbia County Team Up for Job Creation: http://www.plumcreek.com/tabid/73/itemid/981/Plum-Creek-and-Columbia-County-Team-Up-for-Job-Cre.aspx

Foundation Grants Making Impact on Education: Read here
The Columbia County Industrial Development Authority Board meets the first Wednesday of every month at 8:30 a.m. at the Lake Shore Hospital Authority. The meetings are open to the public and we welcome your attendance.

Posted by Chad Stewart, Westfield Realty Group, Credit goes to article writers, and CCFLIda

Homebuyer Tax credit extension.

Repost of FL Realtors Information:
Congress extends homebuyer tax credit and flood insurance

The U.S. Senate passed two bills last evening previously passed by the House. Both bills still need President Obama's signature to become law, but that's expected to happen quickly.

Homebuyer tax credit:
The Senate passed HR 5623, which extends the mandatory closing date to qualify for the homebuyer tax credit. The contract deadline does not change - homebuyers must have a contract signed by April 30, 2010 (an exception for active duty military) - but the previous closing deadline of June 30, 2010, has been extended to Sept. 30, 2010. The National Association of Realtors estimates that the approved bill will benefit more than 14,000 deals in Florida.