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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 number of homes labeled as “Distressed Property” continues to grow in the Tallahassee real estate market. A quick search of the Tallahassee MLS for homes that are short sales, foreclosures, bank owned or relocation shows that 22% of the active listings for condos, townhouses, and single family homes are in this category!
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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 [...]
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If you have a home for sale in Tallahassee, then you might be curious about the differing performance levels of different areas in Tallahassee. Some areas of town are doing better than others, and knowing this information can help guide you on your asking price. If your area is getting more popular, you might consider [...]
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It has been quite some time since I published reports on home sales in the counties that surround the Tallahassee Real Estate Market. Because of time constraints, I usually get to this information on a quarterly basis, but it doesn’t hurt when I get several requests asking for an update. Reminder: You do not have [...]
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Every month around this time, I am itching to discover the changes in supply and demand in the Tallahassee MLS so that I can anticipate market price movements. What I am hoping to find is an increase in home sales versus the same month in the prior year, and an overall reduction in the inventory [...]
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The market goes up, and the market goes down, but what do people moving to Tallahassee want to know? They want to know about houses in Tallahassee. They want to know about schools and they want to know about Tallahassee neighborhoods. They want to know about recreation and they want to know about shopping. But [...]
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This week is the final week of 2009, but it is also the final week of the “old” Tallahassee Real Estate Blog. We are working feverishly to bring the new site online, and I do not think you will be disappointed. Some of the really neat things on the new site are ready and can [...]
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