Posts tagged as:

market bottom

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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I received a great question from an active reader in the blog yesterday that made me realize that two definitions of the real estate market bottom are lurking around out there and that I need to provide better clarification about “which real estate market bottom” that I am referring to when I comment about the [...]

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As I was assembling the 12th Edition of the Tallahassee Real Estate Newsletter (which goes out to all subscribers later this morning), I was happy to find that there were good signs showing up in many of my reports. For the past three years, we have been reporting nothing but declining home sales in Tallahassee, [...]

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Oh how I’ve longed to write this article. We have been tracking the daily movements in the Tallahassee real estate market for well over 2 years now, and reporting our findings at The Market Bulletin twice per week since March of 2008. Early on, we discovered that we could track the trend of daily buyer [...]

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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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If you want to know the beginning of the next phase of the market turn, just keep an eye on the green line in the graph below. You can visit this graph (updated twice per week) at The Market Bulletin.

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