I continue to monitor inventory in the Tallahassee Board of Realtors Multiple Listing Service (MLS) and what I see is a continued increase of “months of supply” of homes. It’s not that the inventory is actually rising, it is the drop of home sales that is causing this.In every real estate market, there are basically [...]
With all the major real estate reporting centers claiming that the Tallahassee real estate market is seeing appreciation, I felt it might be a good time to explain the difference between higher spending and appreciation.As we look at this first graph, we can see that the average home price in Tallahassee appears to be higher [...]
Every once in a while, we have a Tallahassee real estate sale that demonstrates the amazing power of the combination of the global reach of Century 21 with the local effort of great people. Here is a classic example of this.I received a late-night call from a U.S. Veteran working in Baghdad. He had received [...]
Well, it is finally started. After receiving so many requests for a permanent location to find real analysis of the Tallahassee real estate market, Century 21 First Realty has created the place! If you want to know more about the current trends in Tallahassee real estate, just following the link!
This page will be updated on [...]
The February numbers are in, and it’s time to take a look at the Tallahassee Real Estate Market for the Month of February.
The first thing I check every month are the average prices of the major residential groups. Single-family detached homes, condominiums and town houses, residential lots, and mobile homes.
We can see that average prices [...]
In yesterday’s blog, I analyzed the Southeast Area of the Tallahassee Real Estate Market for the purpose of demonstrating how to use the Free Monthly Tallahassee Real Estate Market Report that anyone can download from the Century 21 First Realty web site.
Today, we’ll conduct the same analysis on the Southwest Leon County real estate market. [...]