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After reading The State of the Nation’s Housing 2009 from the Joint Center for Housing Studies of Harvard University, it became clear to me that much of the rest of the country is already seeing some signs of a housing market turn. More importantly, it made me fully aware of the fact that many learned people are seeing reasons why it should and will be occurring.
But how do you predict the turn of the housing market in Tallahassee? There are so many factors involved that you cannot simply point to any one factor, so I thought I’d summarize why I think I know when the turn will begin.
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A great real estate graph can show you market activity and give you the confidence that you are making the correct decision on how to sell your home in today’s difficult housing market.
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Often hear that the Tallahassee real estate market is cyclical, but sometimes a picture will show us much more than mere words can communicate.
I decided to pull residential sales in the Tallahassee real estate market from 1991 to the present (December 2007) in order to see what long-term trend could be found. The following graph [...]
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