Southwood is one of the most active neighborhoods in Tallahassee, thus we are often asked to provide updates on Southwood home sales and values. For those readers who have followed the Tallahassee Real Estate Blog for any period of time, this report will not be surprising.
Home values continue to fall in Southwood, though unit sales [...]
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.
Anybody who has ever found themselves trying to sell a home invariably struggles with the question “What price should I set on my home?” While normally this is an important decision for a homeowner to make, today it is one of the most critical decisions that must be made in order to sell a home.
The [...]
