The Real Estate Glossary is a list of articles written by Tallahassee real estate agent Joe Manausa, MBA, and covers the many words, terms, and phrases commonly used during the processes of selling a home and buying a home. Scroll through hundreds of different real estate glossary topics below, and let us know if there is a phrase you would like to see addressed at the Tallahassee Real Estate Blog’s Real Estate Glossary.
As all my friends and family can attest, I’m no Albert Einstein, but I can still explain the concept of real estate relativity to those who get confused about the current supply and demand dynamic in housing. Specifically, when discussing real estate relativity (or the relative supply of homes for sale), we look at the [...]
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In case you missed my previous post on The Forgotten Real Estate Inventory from last week, you should know that it might just have identified the newest catch phrase in the real estate industry. The real estate industry has used the same terminology for years to describe home sales. It is not often that we [...]
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I have received a lot of questions and feedback about this real estate website over the years, and people have been asking me for an update on what we are doing to continually grow our traffic and business. Years ago, I wrote “Thesis Makes The Best Real Estate Web Site” in order to explain the [...]
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As I write this article about the home sellers property disclosure, I want to start with an apology for the continual omission of the apostrophe that you will observe when I write “seller’s” and “sellers.’ “ The funny thing about all of the different browsers on the internet is that many of them cannot handle [...]
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Most people understand that the rate of sales in any real estate market changes throughout the year, but did you know it was possible to use the seasonality of home sales in order to forecast your local expectations? By measuring the seasonality of home sales each year, we can identify the times of year where [...]
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I have had quite a few conversations lately about the capital gains tax that results from a short sale or foreclosure, and what exactly what you should do when the lender sends you an IRS Form 1099-C. First of all, as a quick disclosure to first-time readers … I am a real estate broker in [...]
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Have you recently received a letter from the Leon County Tax Collector, advising you to pay a Florida Tourist Development Tax? If you are a real estate investor in Florida, and you own residential investment properties, you should be aware of this tax. Fortunately, the tourist development tax only applies to the rental of living [...]
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I am concerned that the next wave of “putting a finger in the dike of the housing crisis” cures will be built around risky loans created solely to help you refinance a home. In response to yesterday’s Weekly Special Report “The Great Falling Home Supply Mirage,” several readers were quick to comment on thoughts they [...]
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When people who are considering a career in real estate ask me about getting licensed, one of the first bits of advice they seek is “What real estate school should I attend?” This is almost always followed with a question about the choice between taking a live class versus taking the instruction over the internet. [...]
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This morning’s weekly special real estate report shows a continued drop in both the real and relative supply of homes for sale in Tallahassee. This falling supply is good news for the entire market, in that the supply side appears to be working towards finding a balance to our historically low level of demand. Reminder: [...]
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