From the category archives:
The most obvious way to predict future home sales would be to take a look at the list of homes that are under contract and waiting for closing. These are what we refer to as “Pending Home Sales” and we can track them on a daily basis in the Tallahassee MLS. The real estate graph below shows that the number of pending home sales is climbing up from the bottom found in mid July. It is exciting to see this growth after years of steady declines.
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Summerbrooke home sales are “fighting the fight” that we are seeing in most Tallahassee neighborhoods. Home prices are still dropping in Summerbrooke, but monthly sales are on the rise, which is a major step in moving the market towards a balance between supply and demand.
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If you have a home for sale in Tallahassee, then you might be curious about the differing performance levels of different areas in Tallahassee. Some areas of town are doing better than others, and knowing this information can help guide you on your asking price. If your area is getting more popular, you might consider [...]
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It has been quite some time since I published reports on home sales in the counties that surround the Tallahassee Real Estate Market. Because of time constraints, I usually get to this information on a quarterly basis, but it doesn’t hurt when I get several requests asking for an update.
Reminder: You do not have to [...]
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Every month around this time, I am itching to discover the changes in supply and demand in the Tallahassee MLS so that I can anticipate market price movements. What I am hoping to find is an increase in home sales versus the same month in the prior year, and an overall reduction in the inventory [...]
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A few weeks ago I wrote a blog about FSU Grads wanting to return to Tallahassee. It discussed the obstacles (jobs) to returning, as well as concerns about current and future home values. The blog was a response to a long-time reader who now resides in Ohio and would like to return one day.
After he [...]
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Housing Reports Without The Bias
February 16, 2010
Every month, we see new housing reports that are issued first by the National Association of REALTORS®, then by the Florida Association of REALTORS®, and finally by any local REALTORS® who actually pay attention to market reporting.
The one thing all of these seem to have in common is a consistent “spin.” Somebody at the National [...]
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