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New single family permit and sales activity has been declining in the Tallahassee real estate market since January of 2006. While this is bad news for Tallahassee home builders, it is good news for the stabilization of the Tallahassee housing market.
The massive number of new homes that were built in 2004 and 2005 are a [...]
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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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Even though I’m on the road in San Antonio, I still keep an eye on the inventory trends in the Tallahassee real estate market. One trend lately has been disturbing and that is the 30-day trend. The graph below shows that inventories (the number of homes for sale in Tallahassee) has been growing for 35 [...]
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Every month, the Florida Association of REALTORs releases its monthly Florida Real Estate Report to all of its members. The report is compiled by gathering information from all of the Multiple Listing Services in the State of Florida. This is the best report for looking at the different areas of Florida through the same metrics, [...]
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As I have often written in the past, the inventory of homes for sale will be the first clue as to where the market is heading. For this reason, we track a myriad of trends in the Tallahassee housing market, but keep a keen eye on the short-term trends in home inventories. The Tallahassee Real [...]
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