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Winter will be departing soon and the seasonal changes that are approaching always stimulate the Tallahassee housing market. If you need to sell your home, you have a great chance now, so don’t blow it!
For you to realize success in selling a home, you have to be knowledgeable on how to determine the home value [...]
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The Tallahassee Housing Market is undergoing a pleasant change right now. Most of the key indicators signal that we might be starting a recovery.
Is it due to the fact that we have spent two years selling roughly 50% of the number of homes that our market history sells? Or is it due to the Home [...]
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Real estate trend analysis is the process of collecting historical real estate sales information and attempting to spot a pattern, or trend, in the information. If we are vigilant, we can identify trends and trend changes even as they happen. I think we often are surprised with market movements when key trend tracking should have [...]
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Every month when we’ve assembled the updated data on Tallahassee home sales, we create the Leon County Home Inventory Report and make it available for download from the Tallahassee Real Estate Web Site.
This month brings us good news with the relative supply of homes dropping for the first time since January. As we have discussed [...]
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While the Tallahassee Real Estate Blog focuses on many things, the actual data and tracking that we do here primarily consists of the home sales in Leon County, Florida. Today however, we will take a look at the four counties nearest the Tallahassee real estate market as they co-exist in the Tallahassee MLS and often [...]
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The shadow inventory is the growing number of homes that were once on the market and failed to sell, or are the homes that we know are currently distressed properties but are yet to hit the market as short sales or foreclosures. One way that we can monitor the shadow inventory is to track home mortgage loan defaults and delinquencies in the Tallahassee real estate market.
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The inventory of homes for sale in Tallahassee has been continually dropping for quite some time. Unfortunately, the rate at which people are buying homes in Tallahassee has been dropping too. As a matter of fact, the rate at which homes are selling is dropping faster than the supply, meaning that we are still seeing growth in relative home inventory.
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Real estate trends do not change overnight, so we should be able to see them coming. If we know what part of the cycle that we currently are working through, then we should know what the next change will look like.
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One picture of the Tallahassee real estate market is solidly good, and that is the short, medium, and long term home inventory change trends are all dropping! The graph below demonstrates that all of the following are showing a reduction in inventory
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