The number of homes labeled as “Distressed Property” continues to grow in the Tallahassee real estate market. A quick search of the Tallahassee MLS for homes that are short sales, foreclosures, bank owned or relocation shows that 22% of the active listings for condos, townhouses, and single family homes are in this category!
I was having a discussion yesterday with a great real estate agent (Bill Peck) who was lamenting to me that his home buyers had received three Good Faith Estimates (GFE) from different mortgage companies and they were much more scattered in their estimates than we have traditionally seen.
For those of you who did not read [...]
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Current market conditions in Tallahassee require selecting a real estate firm of the highest caliber. Every local real estate firm will tell you their #1 goal is to market your Tallahassee home for maximum value and sell it in the time that you would like it to sell.
But you need to hear more than the [...]
Current market conditions in Tallahassee require selecting a real estate firm of the highest caliber. Every local real estate firm will tell you their #1 goal is to market your Tallahassee home for maximum value and sell it in the time that you would like it to sell.
But before you list your list your home [...]
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.
What do you do when you are checking out a real estate company to work with? Do you pull out the local newspaper and check in the advertisements for homes for sale? Do you ask your friends and family members for a referral to the best real estate company in Tallahassee? Do you go online [...]