Summerbrooke home sales are “fighting the fight” that we are seeing in most Tallahassee neighborhoods. Home prices are still dropping in Summerbrooke, but monthly sales are on the rise, which is a major step in moving the market towards a balance between supply and demand.
I was talking with a friend of mine yesterday about how I believe we are coming into the most significant financial period of change that will occur during my lifetime. The opportunities that are here now and will continue as we work to rid the market of the glut of homes will be seen one [...]
If you have no desire to sell your home, you might be interested in finding out how to lower your property taxes. Anybody who has been following the Tallahassee Real Estate Blog for any period of time can tell you that property values in Tallahassee have fallen as much as 25% in some areas, but [...]
There is a new leader at CENTURY 21. Richard W. “Rick” Davidson was appointed President and Chief Executive Officer of Century 21 Real Estate on February 19, 2010 after the resignation of Tom Kunz. Mr. Davidson takes the helm of the real estate industry leader after four of the worst years the housing market has [...]
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 [...]
The Secure and Fair Enforcement Mortgage Licensing Act is about to have a huge negative impact on the value of your home, and I bet you have never even heard of it! That’s right, the U.S. Department of Housing and Urban Development has put together a proposed rule, that if adopted, is going to cause [...]
CENTURY 21 topped all real estate companies again as it was recognized as the top training company in the real estate brokerage industry. For home buyers and home sellers, it means that the agents and staff that they work with at CENTURY 21 are better prepared to assist them during these difficult times in the [...]
If you have a home for sale in Tallahassee, then you might be curious about the differing performance levels of different areas in Tallahassee. Some areas of town are doing better than others, and knowing this information can help guide you on your asking price. If your area is getting more popular, you might consider [...]
A few weeks ago I wrote a blog about FSU Grads wanting to return to Tallahassee. It discussed the obstacles (jobs) to returning, as well as concerns about current and future home values. The blog was a response to a long-time reader who now resides in Ohio and would like to return one day.
After he [...]
December proved to be a big month for the Tallahassee real estate market. Home sales surged 81% compared to December of 2008, with 129 new units and 292 existing homes sold. Condos and townhouses were up strongly, with a developer liquidation sale great enhancing their numbers. But single family detached home sales were [...]