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Tallahassee Housing News

Blog by Joe Manausa
Tallahassee, Florida

Information about the Tallahassee housing market and real estate discussion for everywhere.

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RE: Home Sales In Grandview (Tallahassee, Florida)
Wow it really seems like things are improving in y...
RE: Tallahassee Home Supply Is Dropping
Joe, it's nice to see numbers from other parts of...
RE: Forecasting Home Sales With REALTOR.com Reports
Joe, as usual another good article with stats to b...
RE: Partial Market Truths From Your REALTOR®
Joe, I couldn't agree more with you.  There a...
RE: Southwood Home Sales Finding Bottom
Thanks Liz, I guess we'll keep our fingers crossed...

Tallahassee Housing News

2009

Home Sales In Grandview (Tallahassee, Florida)

Nov. 20, 2009
Killearn Lakes Unit 4 is also know as “Grandview” and features homes on lots that range from 1 to 10 acres. As you will see from the following real estate graphs and analysis, home values have held much more stable in this neighborhood than many other

Are You Understanding New Home Construction Reports?

Nov. 19, 2009
Construction of homes unexpectedly plunged last month to its lowest point since April, the Commerce Department said Wednesday. The weak figures show that builders still lack confidence that buyers can soak up the glut of unsold homes already on the market

Tiger Woods Latest Real Estate Interest?

Nov. 18, 2009
I have heard the rumors, have you? Tiger Woods joins the Tallahassee Real Estate Team At CENTURY 21 First Realty? It’s not enough to hear the rumors, but do we have photographic evidence as well?

Understanding The Five Stages Of A Housing Market Change

Nov. 17, 2009
5 Stages of a housing market change that must occur in sequence. If you understand this sequence, you can then predict the near-term future of your local real estate market.

Graphs Demonstrate Turn In Housing Market

Nov. 16, 2009
The Tallahassee Housing Market is undergoing a pleasant change right now. Most of the key indicators signal that we might be starting a housing market recovery.

Slower Home Sales In Killearn Lakes Unit 3

Nov. 13, 2009
More and more, we see the number of homes sold in a Tallahassee Subdivision down well over 60%, and in the case of Seven Oaks, home sales are down 71% since the peak of the market. With less than 2 homes sold each month (current trend), it sure is a far c

How The Cap And Trade Bill Affects Housing

Nov. 12, 2009
You won’t be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the “Cap & Trade” bill passed by the House of Representatives, if also passed by the Senate, will be the larg

Killearn Lakes (Unit 2) Struggle With Declining Home Sales

Nov. 11, 2009
The average home price in Killearn Lakes Unit 2 has dropped 17%, but home values have actually depreciated 19%. T

Home Sales Grow 1st Time In 40 Months

Nov. 10, 2009
As paltry as this sounds, a 1 sale improvement is something the Tallahassee housing market has not experienced since June of 2006! As small as it is, we have just seen an improvement.

Local Inventors Good For Real Estate Growth

Nov. 9, 2009
I have always admired people who could create something from scratch. “Big ideas” people are a dime a dozen, but people who can bring a thought to a tangible reality have always been able to impress me.

Congress Gives Money To Home Buyers

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

Home Prices Still Dropping In Killearn Lakes Unit 1

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.

Tallahassee Home Supply Is Dropping

Nov. 4, 2009
while still a very strong home buyers’ market, we are seeing improvement in the number of homes for sale in Tallahassee.

Sable Chase Home Sales Report

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

Politicians Need Detox From Real Estate Solutions

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

Falling Home Prices Continue In Summerbrooke

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.

Piney Z Home Sales Prices On The Decline

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.

Forecasting Home Sales With REALTOR.com Reports

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.

Partial Market Truths From Your REALTOR®

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.

Frustrated Homeowners Hedge Their Bets

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.