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The Real Estate Network

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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Recent Comments

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

October 2009

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.

Southwood Home Sales Finding Bottom

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.

Tough On Termites In Tallahassee

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

Real Estate Trends With "No Bull"

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.

Condo Sales Steady In Downtown Tallahassee

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

Foreclosure Guidance Is Now Possible

Oct. 19, 2009
Foreclosure guidance for families who are struggling with a foreclosure of their home.

REALTY Rocked By RESPA

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.

Flood Of Foreclosures In Tallahassee

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

Housing Market Forecast For Change

Oct. 14, 2009
Housing market forecost provides a good feel for the past and recent history of the Tallahassee housing market.

Timely Mortgage Advice For First Time Home Buyers

Oct. 13, 2009
Critical mortgage borrowing advice for first time home buyers help them keep their purchases from delaying and losing their tax credit.

Wakulla County Housing Report

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.

Real Estate Survey - Holy Cow!

Oct. 9, 2009
Real estate survey allows blog readers to guide the future development of the Tallahassee Real Estate Web Site.

First Time Homebuyers Get 7 Day Shopping Spree

Oct. 8, 2009
A “first-time homebuyer” is defined as a buyer who has not owned a principal residence during the three-year period prior to the purchase. First-time homebuyers purchasing any kind of home—new or resale—may be eligible for the tax credit.

Know Your Relative Home Supply

Oct. 7, 2009
Knowing relative home supply in your real estate market will position you with the best information whether buying a home or selling a home.

Tallahassee Home Sales By Zip Code

Oct. 6, 2009
Looking at home sales by zip code is one way to see if trends are developing across a real estate market.

FHA Mortgage Versus Conventional Mortgage - Hot versus Not

Oct. 5, 2009
FHA home mortgages are becoming more popular with home buyers, while conventional home mortgage loans are declining in usage.