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real estate supply and demand
Having started my Tallahassee real estate career with Killearn Lakes home sales, I find myself (nearly) speechless when observing the rapid rise of distressed properties in this wonderful Tallahassee neighborhood located in the 32312 zip code. This was the final jewel in the crown of Killearn Properties, a neighborhood that was designed to be everything [...]
Tallahassee home construction activity has dwindled to a very low level as the real estate market works through the excess inventory of homes for sale. In this blog post, we examine the current state of the Tallahassee home construction market as we head full steam into the 2012 Summer months. The real estate graph at [...]
I often hear from our readers who live in Southwood, the most active neighborhood in Tallahassee over the past few years, and I suspect that it is time for a quick housing update for their community. As an active subdivision in Tallahassee, I consider it wise to keep a close eye on home sales, new [...]
The numbers for April are in, and the Tallahassee housing market is reporting 6 straight months of declining home sales in the Year over Year Home Sales Report. While most of the data we use for our real estate reports comes from the MLS in Tallahassee, we occasionally look to the bigger picture and use [...]
As all my friends and family can attest, I’m no Albert Einstein, but I can still explain the concept of real estate relativity to those who get confused about the current supply and demand dynamic in housing. Specifically, when discussing real estate relativity (or the relative supply of homes for sale), we look at the [...]
When you drive around the many neighborhoods in Tallahassee, do you ever wonder what percent of homes are selling each month? It seems that some homes get listed and sold right away, yet others linger on the market for years. Reminder: The Free one-page Weekly Special went out this morning to our subscribers. All you [...]
Two of my recent blog posts have received some attention by real estate agents from around the Country, and so this week has brought me more interaction with my peers than any week that I can remember for a long time. While the feedback that I have received has been varied, I have noticed a [...]
If you want to enjoy home selling success, then you need to understand what more than 50% of all home sellers just don’t get. Right now in our market, less than 50% of all “wanna-be” home sellers actually are making it to the closing table. We can see the frustration mounting as we measure the [...]
