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The National Association of REALTORS® recently released a few reports that I find interesting. First, they reported that there have been nine (9) consecutive months of gains for pending home sales, suggesting that the housing market is poised for significant gains:
The rise from a year ago is the biggest annual increase ever recorded for the [...]
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Forecasting changes in the Tallahassee real estate market is part art, part science, and of course, a whole lot of experience. Knowing the past history of the market (by measuring long-term trends) helps us get an idea of where the market likes to be.
But knowing what current buyer expectations and seller motivations (by working with [...]
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We have been monitoring the daily home sales in the Tallahassee MLS for many years now, watching first in shock as the numbers climbed to unprecedented levels, and then in horror as they fell well below anything we had every seen in over 20 years of tracking the Tallahassee housing market.
Daily Home Buyer Activity Seems [...]
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Every year at this time, the Attorneys’ Title Insurance Fund publishes its Real Estate Forecast. This year, the report does little to bring enthusiasm to a much beleaguered market, instead predicting Florida’s economy to lag the rest of the country.
The report has been published since 1975 by economist Hank Fishkind and uses deed data for [...]
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People rely on opinion columns far too often when assessing the future of the real estate market. Much like the stock market, people tend to believe what they read and just follow the herd. But there is any easy way to figure out the current direction of the real estate market and you don’t have [...]
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