Posts tagged as:

Condo

Home Inventory Levels Rising

March 16, 2010

In case you weren’t keeping an eye on the Market Reports page of the Tallahassee Real Estate Web Site, the new Tallahassee Home Inventory Report has been posted. This is a section of the web site dedicated to reporting “the numbers” as they occur. You might want to check out many of the daily reports that get posted there.

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Distressed Property List Growing In Tallahassee MLS

February 25, 2010

The number of homes labeled as “Distressed Property” continues to grow in the Tallahassee real estate market. A quick search of the Tallahassee MLS for homes that are short sales, foreclosures, bank owned or relocation shows that 22% of the active listings for condos, townhouses, and single family homes are in this category!

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Wait Until Next Year If You Are A Homeseller?

February 24, 2010

“We are going to have to wait until next year to sell our house,” is perhaps the concern that I am hearing most from upside-down homeowners, or those who have lost much of the equity in their homes. Perhaps they hope to rent the house out to a tenant for the next year or so, and then put the home on the market when it will sell for the values found back in 2006.

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Does The Florida Bankers Association Think You’re Stupid?

February 5, 2010

A very hot potato is coming to town over the next several weeks, and you really need to pay attention. Who am I talking to? I’m talking to anybody who cares about property values in the State of Florida, but most importantly I’m talking to people who own their homes free and clear as well [...]

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A True Measure Of Real Estate Depreciation

February 3, 2010

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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Understanding Contradictory Housing Reports

February 2, 2010

How often do we see reports about the housing market that seem to show that things are improving, only to find another report that seems to completely contradict the first? And how about when two reports “hit the headlines” at the same time, and seem to be covering the exact same issue, yet conclude with [...]

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The Mother Of All Housing Reports

January 18, 2010

I have put together the “mother of all housing reports” in an effort to show our readers what is available on a regular basis at the Tallahassee Housing Reports page on our new web site. This does not even include all of the charts and graphs that we provide about foreclosures (on the Tallahassee Foreclosures [...]

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Downtown Tallahassee Condo Market Update

October 20, 2009

The downtown Tallahassee condominium market exploded with the housing market boom in 2004, and many people have asked me how that part of the Tallahassee real estate market is doing. I just received this question from reader “Joyce” who asked:
Joe,
I would like to see condo market [high rise luxury, etc] in zip 32301, prices, past [...]

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Great Returns On Townhomes In Richview Park

August 21, 2009

Yesterday, my brother Mike and I were discussing our townhomes that we purchased in Richview Park in the early 90s. Richview Park is a town home community of roughly 150 homes in a very convenient location off of Richview Road and Apalachee Parkway in downtown Tallahassee.
Anyway, we were discussing the fact that real estate had [...]

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Tallahassee Condo Sales

June 15, 2009

You may have noticed that a large portion of the explosive growth seen in the Tallahassee real estate market over the past ten years came from condominium and townhouse sales. As the cost of land started growing in 2000, builders and developers adapted with smaller home sites and attached housing.

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