Posts tagged as:

homebuyer tax credit

The most obvious way to predict future home sales would be to take a look at the list of homes that are under contract and waiting for closing. These are what we refer to as “Pending Home Sales” and we can track them on a daily basis in the Tallahassee MLS. The real estate graph below shows that the number of pending home sales is climbing up from the bottom found in mid July. It is exciting to see this growth after years of steady declines.

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The Housing Tax Credit is set to expire on April 30th, 2010. Perhaps the most often asked question at the Tallahassee Real Estate Blog is “do you think the tax credit is going to be extended again.” Since this question is based upon politics, it’s not really something we can determine with “charts, graphs and [...]

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I was recently looking into home values in Unit 2 of Killearn Lakes Plantation and figured that my results would make for an interesting blog post at the Tallahassee Real Estate Blog. Killearn Lakes is the most active subdivision in Northeast Tallahassee, so I knew that whatever I found would be an important representation of current activity in the Tallahassee housing market.

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December proved to be a big month for the Tallahassee real estate market. Home sales surged 81% compared to December of 2008, with 129 new units and 292 existing homes sold. Condos and townhouses were up strongly, with a developer liquidation sale great enhancing their numbers. But single family detached home sales were [...]

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The Real Estate Double Dip

January 8, 2010

Yesterday, I was very fortunate to attend a nice afternoon round-table with the top real estate agents in Tallahassee. We spoke of the many changes that we are seeing in the Tallahassee real estate market, and many interesting views were shared.
Invariably, the conversation kept returning to the subject of real estate market conditions and the [...]

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Every so often, I like to delve into my web site analytics package to see how many people have been visiting our Real Estate Blog and from where these people are coming. While the top origination points are not so surprising, I am always amazed that many of our visitors come from all over the [...]

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Congress has extended and expanded the homebuyer tax credit. The modifications will become effective when President Obama signs the bill, which could occur as early as November 6, 2009.
I have received numerous emails and comments from readers who asked for me to report the changes to the First Time Homebuyers Tax Credit when they occurred, [...]

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