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Tallahassee Housing News

Higher Percentage Of Real Estate Contracts Are Failing

Nov. 11, 2011
When we study the homes for sale in Tallahassee and its surrounding communities, we find a trend that is often mentioned by Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS®. Dr. Yun has been reported a rising trend in the numbe

A Smarter Decision When Buying A Home

Nov. 10, 2011
Smart homebuyers interview and hire a buyer's agent before they put themselves in a position to get emotionally attached to a property. You might think you are immune to falling in love with a home, but anybody who has been in the business for many years

How To Buy A $300,000 Home In Tallahassee

Nov. 9, 2011
Thus far in 2011, Bull Run and Southwood have the most home sales in the $250,000 to $300,000 price range, but Ox Bottom Manor and Killearn Estates have quite a few as well.

Larger Homes Selling In Killearn Estates

Nov. 8, 2011
Home buyers have great opportunities in our market, and low interest rates are making for super purchases with very low monthly payments. This means that many are choosing to "buy bigger," without having to spend more than they want.

Home Sales Year To Date Through October 2011

Nov. 7, 2011
Year to date home sales are tighter than could be possibly imagined, but clearly show the distressed state of the market. Our real estate graph below shows an apparent market bottom (hopefully) that was reached in 2009 and continues through this year.

Declines Continue In Weems Plantation (Tallahassee, Florida)

Nov. 4, 2011
I will use this blog post to show you how to get a neighborhood update anywhere in Tallahassee, and then of course will provide a newly updated report on Weems Plantation.

November Real Estate Supply Report

Nov. 3, 2011
The good news from this graph is that relative supply is at its lowest levels since before August 2008, but the bad news is that the relative supply of homes for sale in Tallahassee is still nearly double the level required to reach market equilibrium.

Home Sales In The 32308 Zip Code

Nov. 2, 2011
The average size of homes sold in the 32308 zip code has been soaring lately, with well-funded buyers going after the larger homes which have fallen in value. This trend is not unique to the 32308 zip code, as homebuyers in Tallahassee are still seeking v

Home Sales In The 32312 Zip Code

Nov. 1, 2011
When the economy changes, people change their buying habits. When interest rates drop, people are able to spend more money without raising their monthly payments. But this does not mean they are willing to pay more for a home than it is worth, it merely m

Seasonality And Its Impact On Pending Home Sales

Oct. 31, 2011
By monitoring the pending home sales trend, we gain an understanding of what we should expect to see from closed home sales in the next few months.

Eighth Straight Year For Piney Z Home Sales Decline

Oct. 28, 2011
If I were a homeowner needing to sell a home in the next few years, I would sell it now and sell it fast. Value changes will catch up with the rest of Tallahassee, and this means that if you must sell a home in Piney Z, the highest value that you will rec

Real Estate Is A Time Management Job

Oct. 27, 2011
The ability to manage yourself and your time means that selling real estate successfully requires more effort than most jobs in Tallahassee, and that is why it is a career.

Summerbrooke Home Sales At All Time Low Levels

Oct. 26, 2011
Summerbrooke home sales are happening at the slowest rate on record, and this is not good for this Northeast Tallahassee golf course community. Currently, Summerbrooke has only recorded 16 home sales, which is 36% fewer than the 25 closed by this time las

September Home Sales Improve 22% Over Last Year

Oct. 25, 2011
September's 170 closed existing home sales was down 13% from the 196 posted in August, but up 22% over the 139 closed resales from last year.

How The Internet Is Changing Home Sales

Oct. 24, 2011
The internet has changed the way that homes are sold, and many real estate professionals are not even aware of these fantastic changes. If you happen to be thinking about selling a home sometime soon, this article will show you how the real estate world h

Housing Market Recovery Explained

Oct. 21, 2011
Based upon our "hole in the backyard" view of the housing market recovery, we are still over-sold by 7,942 homes through the end of September. Our current rate of shoveling has us refilling the hole with a scoop of 161 homes each month, which would level

Best Year Since 2007 For Golden Eagle Home Sales

Oct. 20, 2011
It’s time for another look at Golden Eagle home sales. Currently, this popular Northeast Tallahassee neighborhood is experiencing it's most active year since 2007

October 2011 Southwood Home Sales Report

Oct. 19, 2011
It's time for another look at Southwood home sales (the busiest neighborhood in Tallahassee). Currently, there are 46 homes for sale in Southwood in the Tallahassee MLS, and we are going to review the current status of this popular subdivision.

How A 10% Error In Home Valuation Occurs

Oct. 18, 2011
When we graph historic home values and prices over time, we see that they generally move in the same direction, but the rate at which they move and the times they make significant changes are different.

Distinguishing Average Home Values From Average Home Prices

Oct. 17, 2011
The real estate graph above shows that we are in the fifth year of depreciating home values in Tallahassee, and the most recent move in values was down.

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: Lis Pendens And Foreclosure Listings In Tallahassee
excellent isses altogether, you just won a nnew re...
RE: House Sales Brisk In 32312 Zip Code
 Nice graphs and information. This really goe...
RE: Report Shows Rise In Distressed Properties For Sale
Simon, I refer to all short sales, foreclosures,...
RE: Report Shows Rise In Distressed Properties For Sale
 I am interested to understand how you determ...
RE: Changes Are Good In The Real Estate Market
 I believe part of the explaination for the h...