If you have to sell a home, I have an important tip that is crucial for you to understand. The internet has created many changes and opportunities in the real estate market, and home sellers who do not understand the evolution in pricing strategy will find that they are chasing away homebuyers. One big questions that home sellers always want to ask is how much “negotiating room” should they include in their asking price for a home. I’m sure Google has seen the following more than once!
It seems as if overpriced homes are everywhere these days. They are beginning to dominate the Q&A sections of many real estate web sites.
One of the great things about having a real estate blog is that we get to see much of what our customers are thinking and doing in their efforts to buy a [...]
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 [...]
We are working feverishly to bring our new Tallahassee Real Estate Web Site live. With several thousand pages and even more internal links, it is no small project.
I am very excited about unveiling the site, so rather than wait until we are completed, I thought I would release a link to our temporary location so [...]
Yesterday, I received an insightful question regarding the shadow inventory of homes in Tallahassee from a reader “Garrett” who asked:
I’d like to hear your thoughts as to whether there is a substantial “shadow inventory” of homes in Tallahassee at the moment? By shadow inventory I mean housing units that are not making it [...]
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 [...]
Today is a short post, inspired by a recent reader question, that allows us to pursue a “statistic” that many “real estate professionals” quote, but few truly understand. Today’s topic is about the relationship between the asking price and the selling price (sales price to list price ratio) of homes that have recently sold.
We have been tracking recorded lot sales in Leon County, Florida since the beginning of 1991. For quite some time, average lot prices in Tallahassee did not move around very much, but the glut of lots that was the result of the Comprehensive Land Use Plan in the 1980’s was consumed by 2000, and land prices took off.
Just a reminder that the 7th edition of the Tallahassee Real Estate Newsletter went out today. If you haven’t already subscribed, you can do so in the sidebar at the right. The newsletter is published and delivered every three weeks and summarizes Tallahassee housing market conditions.
This is our 300th blog post at the Tallahassee Real [...]
The Tallahassee MLS contains information that when tracked over time will yield insights into the direction of the Tallahassee real estate market.
