Newsletter Archives
Congratulations, you have completed the subscription and confirmation process for the Tallahassee Real Estate Newsletter. Below, please find previously published editions which can be downloaded at any time.
We appreciate your feedback, whether positive or negative, and look forward to delivering the most up to date information on the Tallahassee housing market.
Previous Editions Of The Tallahassee Real Estate Newsletter
Seasonal Inventory Surge - 286 downloads
Since January, homes coming onto the market outpaced homes leaving the market by a whopping 313 homes, a 14% increase in just two months. While many homeowners annually choose this time of year to enter the market to sell their home, this year it coincides with a recovery that
Moving Up From The Bottom - 356 downloads
Tallahassee home sales are increasing every day, with considerable proof that the market bottom was reached in August of 2009.
But for homeowners who still wish to sell their homes, falling prices make them feel as if “market bottom” should be defined in terms of valuations as opposed to unit sales.
As we move forward from the bottom of the market, falling prices is the natural order of market cycles, as affordability increases the potential buyer pool for the glut of homes for sale (and those in the shadow inventory) in Tallahassee.
Some price ranges and areas might break out of the “over-supply” category this year (perhaps $150K-$200K in the NE), but for the rest of the market, falling home prices should be expected throughout 2010 and well into 2011.
3 In A Row - And This One Was Big - 476 downloads
Tallahassee home sales rose 81% in December compared to December of 2008. This was the third consecutive month of year-over-year gains. The year-over-year sales report usually has gain and loss cycles of up to 9 months, but after an unthinkable run of 39 months of declines, we are hoping to record a long string of gains.
2010 Housing Forecast - 564 downloads
Many people think that last year’s record-setting poor performance was a total surprise, with nobody expecting that the Tallahassee real estate market could sink so low, but that is not true. See how the market performed versus our forecast from September of 2008.
Tis The Season To Look Back And Remember - 238 downloads
This year seasonality was different. I think it is safe to say that we will look back at 2009 as the toughest year the Tallahassee housing market has ever faced.
Getting A Handle On The Shadow Inventory - 466 downloads
National housing reports downplay the glut of supply of homes on the market, as well as the ever-growing supply of homes in the Shadow Inventory. It is very difficult to measure the shadow inventory of homes (homes that need to be sold but are not on the market for one reason or another).
Value Investors Licking Their Lips - 616 downloads
Real estate investment has always been a buy and hold business. Development should be left to professionals who do it on a full-time basis, but that was not really the case during the first part of this decade.
Foreclosures Finally Here - 623 downloads
Tallahassee endured another 180 lis pendens filings during the month of September, a year over year increase of 59%.
The Light At The End Of The Tunnel - 518 downloads
The last three months have been showing a slowing rate of decline, and we have seen positive moves in the Tallahassee MLS. Pending home sales have stopped declining and have shown a slight rise, and daily home sales have done the same. Is this the light at the end of the tunnel?
First Positive Signs In The Housing Market - 593 downloads
The first signs of a rebound in the number of home sales in a market can be predicted by first seeing a rise in the number of new contracts that are executed between buyers and sellers.
Summer Season Ends Softly - 674 downloads
The Tallahassee housing market is at the lowest point since I began recording home sales in 1991. In the graph contained within, you can observe the housing market decline from 1991 on the left to 2009 on the right.
Midyear 2009 Sees Record Continue - 720 downloadsTallahassee Real Estate Newsletter Version 9, Number 10
Calling All Buyers - 973 downloadsTallahassee Real Estate Newsletter - July 6, 2009
Lurking In The Shadows - 975 downloads8th edition of the Tallahassee Real Estate Newsletter
Nearing The Bottom - 800 downloadsNearing The Bottom - The 7th Edition of the 2009 Tallahassee Real Estate Newsletter
Slow And Falling - 740 downloadsTallahassee Real Estate Newsletter. Volume 9, Number 6. Published on 5/4/2009.
A Mixed Blessing - 1051 downloads
There is some good news and some bads news that we observe during this report.
Pricing Corrections Starting To Hit - 868 downloadsTallahassee Real Estate Newsletter Volume 9, Number 4
Strap On Your Helmets - 637 downloadsTallahassee Real Estate Newsletter Version 9, Number 3
Looking For The Bottom? - 555 downloadsTallahassee Real Estate Newsletter, Version 9, Number 2
Keeping An Eye On Inventory - 648 downloadsKeeping An Eye On Inventory - Tallahassee Real Estate Newsletter Version 9, Number 1
