Summerbrooke home sales are “fighting the fight” that we are seeing in most Tallahassee neighborhoods. Home prices are still dropping in Summerbrooke, but monthly sales are on the rise, which is a major step in moving the market towards a balance between supply and demand.
If you have no desire to sell your home, you might be interested in finding out how to lower your property taxes. Anybody who has been following the Tallahassee Real Estate Blog for any period of time can tell you that property values in Tallahassee have fallen as much as 25% in some areas, but [...]
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!
Do you really need A REALTOR®? If you have a home to sell, it sure seems like a good idea to figure out how to save as much money as possible since home values are not where they once were. If you could sell your home without a REALTOR®, wouldn’t you be adding a whole [...]
CENTURY 21 topped all real estate companies again as it was recognized as the top training company in the real estate brokerage industry. For home buyers and home sellers, it means that the agents and staff that they work with at CENTURY 21 are better prepared to assist them during these difficult times in the [...]
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 [...]
How often do we see reports about the housing market that seem to show that things are improving, only to find another report that seems to completely contradict the first? And how about when two reports “hit the headlines” at the same time, and seem to be covering the exact same issue, yet conclude with [...]
The 25th of each month is the day when we get to see the latest existing-home sales report that is published by the National Association of REALTORS®, so it is a day marked on my calendar for monthly action.
I always look forward to both reading the report as well as reading and hearing the interpretation [...]
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 [...]
Housing Reports Without The Bias
February 16, 2010
Every month, we see new housing reports that are issued first by the National Association of REALTORS®, then by the Florida Association of REALTORS®, and finally by any local REALTORS® who actually pay attention to market reporting.
The one thing all of these seem to have in common is a consistent “spin.” Somebody at the National [...]
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