I have been waiting nearly three and a half years to write a headline like that. With all the year-over-year declines that we faced (39 months in a row if you don't remember), it sure is nice to see such an improvement.
The Tallahassee Real Estate Newsletter went out today ... Did you receive it?
While we ended the negative trend in October, by a margin of a single home, the November jump is what we really have been waiting for. November of 2009 was up 33% over November of 2008.
Tallahassee Year Over Year Homes Sales Up 33%
Start Of A New Trend In Tallahassee Home Sales
Could it be the graph below shows what appears to be a bottom (finally) in the home sales market in Tallahassee. All of the short term trends that we monitor suggest that the bottom could be behind us.
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Joe Manausa, MBA is a 26 year veteran of real estate brokerage in Tallahassee, Florida and has owned and managed his own company since 1992. He is a daily blogger with content that focuses on real estate analytics and providing his clients with a tactical advantage in today's challenging market.