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The Tallahassee Real Estate Blog has focused heavily on facts and trend analysis rather than purely experience and opinion due to the extreme nature of the current trends in the real estate market.
It seems that extreme market cycles create an environment for impulsive optimism or excessive pessimism. In 1996, Alan Greenspan (Chairman of the Federal [...]
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Certain things must behave in certain ways. We have witnessed things as observers over time that have just become “the way things are,” and real estate home sales have a few sets of these rules as well. Today we’ll discuss the Four Irrefutable Rules of Home Pricing that are evident in any type of market.
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The newest supply and demand information have been culled from the Tallahassee Board of Realtors Multiple Listing Service (MLS) and there are no real surprises for the month of August. Inventory levels are finally creeping down, but the trend for home sales is still dropping.
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Perhaps the most important question that I have to ask potential home-sellers in todays market is “How motivated are you to sell your home?”Nothing impacts the sale-ability of a home more than the Seller’s motivation. Once you have determined the real value of your home, your motivation to sell it is what is going to [...]
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I have been brokering real estate in the Tallahassee real estate market for 17 years and have seen my share of market cycles and changes. Today, we are experiencing a market fluctuation that is as severely “down” as the recent boom market was severely “up.” Of course, due to the stable nature of our employment [...]
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