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Tallahassee Housing News

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.

Pull Vs. Push Marketing In Home Sales

Oct. 14, 2011
"Ready buyers" are using the top local website and they are seeing the featured properties 16 times more often then they are seeing the rest of the properties listed for sale.

Revealed! 5 Hidden Resources For Home Sellers

Oct. 13, 2011
Just getting on the internet and into the MLS are not enough, you actually have to take advantage of every opportunity to attract a buyer, and today we'll cover 5 hidden resources for home sellers.

New Report Shows Tallahassee Foreclosures On The Decline

Oct. 12, 2011
The Tallahassee foreclosure rate has fallen again compared to last year, according to September figures released Monday by Metro Market Trends. This is the tenth consecutive month of year over year declines that began in December 2010, and it is a promis

Home Sellers Should Study Home Buyer Behavior

Oct. 11, 2011
By examining my shopping process (as you can verify when you do your own shopping and research online), we can gain insight into what homebuyers are doing and then better understand how the top real estate marketers are actually reaching them at the time

Sell A House With These 4 Smart Tips

Oct. 10, 2011
If you own a house in Tallahassee and want to move, then read these tips for selling a home and you should be able to reach your goals. Currently, 57% of homeowners who put their house in Tallahassee on the market last year failed to get it sold, and it s

Reader Contemplates Building Cheaper Than Buying An Existing Home

Oct. 7, 2011
Every once in a while, we get a comment or question from a reader at the Tallahassee Real Estate Blog that stimulates the continuation of an article, and today is a great example of how our readers are able to bring street level opinion to others who are

Premium Hits 38% For New Home Construction

Oct. 6, 2011
The evidence is clear regarding where today's homebuyers are going to find the best values in the Tallahassee real estate market. Existing home sales will continue to offer the best values while the cost for these homes is well below what a home builder c

3 Great Reasons To Believe The Housing Market Is Turning

Oct. 4, 2011
Overall, this is one of the better Tallahassee housing reports that we have seen in the past four years. There are positive trends that appear to be taking shape and hopefully this will continue and we will see demand levels move towards our historical no

More Good News In Tallahassee Housing

Oct. 4, 2011
While our current supply and demand report does not include a reference to the shadow inventory of homes, you might recall that we recently reported that the number of homes in the shadow inventory is declining as well. Nearly every report that we maintai

New Report Shows 10% Of Home Buyers Are Choosing To Live Here

Oct. 3, 2011
Thus far in 2011, 538 Tallahassee neighborhoods have recorded at least one home sale, and 10% of those came from the 9 most active subdivisions in town.

Housing Market Results Vary Across Different Price Ranges

Sep. 30, 2011
This graph very clearly shows the decline of home sales, but it also shows that each price range has its own unique market activity, and not all price ranges have responded the same to our new market conditions.

Housing Shadow Inventory Is Shrinking

Sep. 29, 2011
The number of homes in the shadows, as measured by CoreLogic, is falling. They basically calculated the number of new foreclosure sales and compared it with new lis pendens filings to see that the rate of sales was higher than the rate of new filings.

Distressed Home Sales By Age Of Home - Does It Matter?

Sep. 28, 2011
I pulled all of the home sales in the Tallahassee MLS from January 2009 to present to see when they were built, and how many of each decade were distressed home sales.

REO And Short Sales Greatly Influence Real Estate Market

Sep. 27, 2011
We have been keeping an eye on REO and short sales in Tallahassee, wondering if there was going to be a gradual rise in distressed property sales as the year comes to a close.

Report Shows Indian Head Acres Home Sales Returning To Normal

Sep. 26, 2011
Indian Head Acres is a very popular downtown Tallahassee neighborhood within walking distance to everything downtown, including dining, entertainment, shopping and of course, many State office buildings.

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...