Tallahassee, Florida
Information about the Tallahassee housing market and real estate discussion for everywhere.
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Nov. 6, 2009
The $8,000 homebuyer tax credit for first-time buyers, due to expire November 30, 2009, will be extended through June 30, 2010. First-time buyers who are in the process of making a purchase will no longer need to worry about qualifying for the $8,000 cre
Nov. 5, 2009
Home values continue to fall in Killearn Lakes (Unit 1). The best way to track real estate appreciation (or real estate depreciation) across a single Tallahassee subdivision is to track resale price per square foot data on a one-year trend.
Nov. 4, 2009
while still a very strong home buyers’ market, we are seeing improvement in the number of homes for sale in Tallahassee.
Nov. 3, 2009
Like many people who live in Killearn Lakes Plantation, I’ve discovered a great little neighborhood (56 homes) that joins Killearn Lakes to Bannerman Road. It’s called Sable Chase and it is relatively new, with new home sales that started just five ye
Nov. 2, 2009
If you were paying attention on Friday, you might have heard that Senators reached a compromise to extend the $8,000 first time home buyer tax credit. They also added a $6,500 tax credit for other primary-home purchasers and raised the qualifying income l
Oct. 30, 2009
When we look at the average price per square foot of homes sold in Summerbrooke, we get an overall feel for how well home values have held. Valuations appear to have fallen roughly 16% since the peak of the market in 2006.
Oct. 29, 2009
Home sales in Piney Z have dropped roughly 70% since the peak of the housing market, but monthly home sales seem to be stabilizing around 3 resales per month since July of 2008.
Oct. 28, 2009
The best real estate forecasters build models, based upon the end-state that they are seeking, and then work them backwards, always seeking for clues of earliest signs.
Oct. 27, 2009
While REALTORS® typically only report about 1/2 to 1/3 of all the home sales in a market, Joe Manausa reports about all of the home sales in the Tallahassee real estate market.
Oct. 26, 2009
A Hedgeloan is a loan product that does not require a lien on your home, but rather uses the value of your stock portfolio (or a portion of it) as collateral.
Oct. 23, 2009
The newest home sales numbers are showing that Southwood is finally showing signs of stabilization, mostly in the number of homes sold though average home price drops seem to have slowed as well.
Oct. 22, 2009
Sometimes we find that home buyers and home sellers are a little confused about how Wood Destroying Organisms (WDO) are handled when found in a home inspection, so I thought I would write about that and create a handy resource for as long as we continue t
Oct. 21, 2009
Real estate trends calculated using a 365 day trend report show a clearer image of what is occurring in the real estate market.
Oct. 20, 2009
In the real estate graph below, new condo unit sales are shown in blue, while existing condo unit sales are shown in red, for the 32301 zip code in downtown Tallahassee. The one year trend shows that we are averaging about 7 units sold per month, half new
Oct. 19, 2009
Foreclosure guidance for families who are struggling with a foreclosure of their home.
Oct. 16, 2009
New RESPA rules were updated in November 2008, most of which go into effect during January of 2010. In order to help clarify these changes, the Department of Housing and Urban Development (HUD) published a New RESPA Rule FAQs.
Oct. 15, 2009
If you have been following our tracking of foreclosures in Tallahassee, then you won’t be surprised that we have seen another large month of filings during the month of September. The Tallahassee Foreclosure Page on our web site is getting more and more
Oct. 14, 2009
Housing market forecost provides a good feel for the past and recent history of the Tallahassee housing market.
Oct. 13, 2009
Critical mortgage borrowing advice for first time home buyers help them keep their purchases from delaying and losing their tax credit.
Oct. 12, 2009
Wakulla County real estate sales appear to be mirroring those in the Tallahassee real estate market. The number of homes sold has dropped 65% since the peak of the market in 2006. Additionally, foreclosures are also on the rise.
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