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 [...]
If you saw the new Tallahassee Home Inventory Report for January 2010, then you saw some some mixed news in the Tallahassee real estate market! The good news is that we saw a reduction of the glut of homes for sale in our area, but the bad news is that relative supply (the supply of [...]
Every month we publish a Tallahassee Housing Supply and Demand Report which can be downloaded from the right sidebar of the Tallahassee Real Estate Blog. This report breaks down the entire Tallahassee housing market by area and price range, in order to show the relative supply of homes for sale in the Tallahassee MLS.
Today we’ll [...]
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 [...]
The Tallahassee MLS is an excellent source of information when you want to compare supply with demand. We can pull a lot of useful information out of the MLS when we compare active listings and past home sales, but one of the most important trends that I like to follow is the “Relative Supply” trend.
Whenever we work with families with children who want to buy a home in Tallahassee, invariably one of the most important criterion that they use in the home selection process is the school zone in which the home falls. Everybody has their own opinions on what school is hot and what school is not, but [...]
There are so many distractions that can lure us away from our study of the real estate market and finding the direction of the market. With inaccurate reporting, hype, and media blitzing, it is a wonder anyone really knows what’s going on at all.
But don’t worry, it really isn’t that hard to tell where the [...]