Tallahassee Housing Market Trends

The quality of your agent and their level of real estate continuing education very well could represent 15% in the cost of your transaction

Housing supply appear high because our current rate of demand is running just above 50% of traditional averages; increased demand is needed.

The Tallahassee foreclosure situation is still expanding and there are somewhere between 1.5 and 3 years worth of supply of these homes.

Marketing a home that did not sell recently in the Tallahassee MLS requires more effort than marketing a home that is new to the market.

Long time readers of the Tallahassee Real Estate Blog have seen the company behind the blog go through significant change, we are growing.

After watching a late night replay of an western film, I had to wonder what John Wayne would say about the real estate market today.

The Tallahassee housing forecast calls for a split market, lower-end homes in a sellers market, and upper end homes in a buyers market.

Nearly 1 in every 2 Killearn Acres home sales is a foreclosure, short sale, or bank owned property, too much competition for equity owners.

When we look at arms length home sales in Tallahassee, we find that 2012 has seen the worst January through July performance in more than 11 years.

The average value of an Ox Bottom Manor home has declined 27% since the peak of the housing market, to $116 per sq ft on average in 2012.