How To Fix The Housing Market --- 3 Simple Actions
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.
Three Immediate Fixes For Tallahassee Housing Market
As I have addressed numerous times in the past, we need to see a great reduction in the inventory of our homes before we will see this market turnaround. The three actions that could accelerate the recovery in the Tallahassee real estate market include:
- Discretionary buyers move back into the market and start buying homes
- Builders reduce the amount of new homes they are building
- Non-serious Sellers remove their homes from the market
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