Search Listings

Real Estate Forecast: Housing Market At Bottom

We have been monitoring the daily home sales in the Tallahassee MLS for many years now, watching first in shock as the numbers climbed to unprecedented levels, and then in horror as they fell well below anything we had every seen in over 20 years of tracking the Tallahassee housing market.

Daily Home Buyer Activity Seems To Have Stopped Falling

By tracking daily closed home sales, we can identify the unit home sales trends nearly to the day of a cycle change. This first real estate graph shows us the 365 day trend of daily home buyer activity.

Historic Daily Closed Home Sales In Tallahassee

Daily Home Buyer Activity Bottomed, Heading Higher?

In order to really see the change that has occurred in the daily home sales trend, we can look to the zoom of the graph above. The graph below shows daily home buyer activity for the past ten months.

Daily Closed Home Sales In Tallahassee

New Pending Contracts Are Rising In The Tallahassee MLS

One way that many national publications predict the near future of the housing market is by tracking the number of homes that go "under contract" in the local REALTOR MLS. While there is a lot more information needed to made a real estate forecast, tracking the pending home sales is a great start.

Tallahassee Real Estate Market Inventory Pending Home Sales Trend

Current Local Housing Market Information

The housing market bottom seems to have been reached, as real home sales and pending home sales data show a slight spike in upward movement for the first time in over three years. Charts, graphs, and analysis allow the reader to study this first positive sign in the Tallahassee housing market, and current housing market information in Tallahassee can always be found by clicking the Market Report tab at the top of this blog.

HousingReporter On Twitter Is The Top Twitter Real Estate Broker Please click here to tweet this to your friends!

 

subscribe-to-the-exclusive-tallahassee-real-estate-newsletter

As a reminder for those who subscribe to the Tallahassee Real Estate Blog by email, some embedded pictures and videos might not be appearing in your email and you might need to click the title header to go to your browser where all will be visible. Additionally, if you would like to respond (leave a comment) to this article, you will need to “click through” to the blog site to post your feedback.

Keep checking out the Tallahassee Real Estate Blog every day for updates on real estate in Tallahassee Florida.

Subscribe in a reader Subscribe by email

Joe Manausa is a real estate blogger, a real estate investor and the Broker and Co-Owner of Joe Manausa Real Estate. He can be reached via e-mail through the Tallahassee Real Estate Website or catch his latest writings on the Tallahassee Florida Real Estate Blog , or by calling (850) 386-2001.

Home Sales Advice 10 Critical Home Selling Steps

Provide feedback with a real estate survey

Creative Financing Options For Home Buyers Buy A Short Sale

Please Do Us A Small Favor

We work very hard to produce daily content for our long-time readers and first-time visitors. We provide this information for free, hoping to earn your respect and trust and the right to one-day help you when selling or buying a home. Can we get your help spreading the word about our blog?

If you like the content, would you please like it or share it using the Facebook button at the beginning of the post? This simple action will be greatly appreciated! THANK YOU!

Please Like Us And Share On Facebook - Help us grow our brand!

Also like us on Facebook at https://www.facebook.com/joemanausarealestate/

Your Local Expert In Tallahassee

When moving to, in, or from Tallahassee, you will fare better if you work with a local expert. We are here to help. If you have further questions on the Tallahassee real estate market, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.

As a local born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.

The digital marketing guide for small businessesHave you heard about my new book "The Business of Getting Business?" It's a comprehensive guide for small businesses to help them make the move to digital. For those of us who want to survive and thrive in a world where large corporations are taking over, it is a must-read. It's also the perfect guide for how to sell a home in the digital age. You can find The Business Of Getting Business by clicking on any of the trusted retailers below.

Real Estate Agent reveals in Tallahassee, Florida

Think all REALTORS are alike?

Read what people are saying about working with Joe Manausa Real Estate! You can see thousands of real customer reviews reported on Google, Facebook and Zillow at this link: CLICK HERE FOR REAL ESTATE AGENT REVIEWS.

Real Estate Agent reveals in Tallahassee, Florida

Think all REALTORS are alike?

Read what people are saying about working with Joe Manausa Real Estate! You can see thousands of real customer reviews reported on Google, Facebook and Zillow at this link: CLICK HERE FOR REAL ESTATE AGENT REVIEWS.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (494) Blogging Real Estate (187) Distressed Property (32) Foreclosures (4) Glossary of Real Estate Terms (32) Government and Real Estate (31) Homes For Sale (152) Housing Market Conditions (1258) Housing Report (54) Lis Pendens (4) Main (1018) Mortgage / Finance (74) New Construction (19) Off Topic (87) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (26) Real Estate Opinion (3) REALTOR News (11) Tallahassee (90) Tallahassee Neighborhoods (610) Uncategorized (50)

Posts By Month

Blog Roll

Luxury Homes For Sale New Construction Homes For Sale Homes For Sale With Swimming Pools Homes For Sale On Acreage Homes For Sale In Golden Eagle Plantation Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed

Tallahassee Home Searches

Contact Us

Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917