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Tallahassee Monthly Lis Pendens Filings February 2012

New lis pendens filings in Tallahassee rose a whopping 105% in February when compared to February 2011, and foreclosures jumped 32%. We are definitely seeing a huge escalation in these distressed properties, as the lis pendens filings trend has been on the rise for five months now, which could be the sign of growth in future foreclosure sales. Currently, the foreclosure sale to Lis Pendens filings ratio has dropped from an all time high eight months ago to 45%, as we can see with the blue line in the foreclosure graph above.

Lis Pendens Foreclosures Tallahassee


Tallahassee Foreclosure Filings February 29, 2012

Tallahassee Foreclosures Filings February 29, 2012

Subdivision/Location Address Sqft Age Date Tax Value
ADAMS PLACE CONDOMINIUMS 3000 S ADAMS ST 1,264 2006 2/24/2012 $54,352
ARBOR HILL 3252 WHITNEY DR E 1,396 1989 2/29/2012 $116,743
BEN TALQUIN TRACE 19532 BEN TALQUIN TRCE 1,976 2002 2/29/2012 $76,452
BETTON OAKS 1865 BROWN ST 2,058 1979 2/22/2012 $185,196

February Housing Report For Tallahassee Florida

Cartoon of housing report for Tallahassee FloridaIf you have been looking for a current housing report for Tallahassee Florida, then you have found your destination.

While I strongly recommend you subscribe to the Tallahassee Real Estate Newsletter to be kept informed of the happenings in the Tallahassee Real Estate Market, this single article will give you a good idea of why home values will continue to decline in Tallahassee in 2012.

In order to provide what I consider to be the minimal housing report for Tallahassee Florida, it must include a...

Six Bits Of Home Buying Advice For Cautious Shoppers

home buying adviceToday's homebuyer is especially cautious, so let's review some of our best home buying advice to help you avoid making some big mistakes.

We all know that the real estate market has been rocked. Tallahassee home values have been falling for more than five years, and the bottom is not yet appearing in our rear view mirror.

So what's a prospective home buyer to do? Do you sit out on the sidelines and hope to catch the bottom, or do you jump into the market and take advantage of historically low interest rates? You just need sound home buying advice.

I'm sure that...

Foreclosed Properties In Tallahassee

Picture of foreclosed properties in TallahasseeIf you are trying to sell a house in Tallahassee, you must understand that your competition is changing rapidly due to the growth of foreclosed properties in Tallahassee.

Even bigger than the supply of these bank-held assets are the short sales which are trying to avoid becoming foreclosed properties in Tallahassee.

We refer to all foreclosures, short sales, REO properties, bank-owned properties, and pre-foreclosures as "distressed properties," and their ranks are becoming larger with every passing year.


Can Knowing The Seasonality Of Home Sales Help You Sell Your Home?

Most people understand that the rate of sales in any real estate market changes throughout the year, but did you know it was possible to use the seasonality of home sales in order to forecast your local expectations?

By measuring the seasonality of home sales each year, we can identify the times of year where the most homes sell.

In fact, I have measured the seasonality of home sales in Tallahassee from 2002 through 2011, giving us enough data to thoroughly examine the home buying trends in the Tallahassee real estate market.

Seasonality Of Home Sales...

Open House Weekend in Summerbrooke

Join us on Sunday February 26th from 2pm-4pm at our Open House! You will love to visit this Immaculate executive pool home located at 8097 Preservation Road in the NE golf course community of Summerbrooke.  This "one of a kind" home features a split floor plan with breathtaking designer details throughout. Enjoy soaring 12' & 14' cathedral and weaving trey ceilings highlighted by oversized crown molding, dual fireplaces, alcoves, built ins and much more.

The extensive master suite features separate his & hers walk in closets, adjacent private study with fireplace, alcoves to maximize space along with a luxurious master bathroom that includes a separate...

Use Housing Supply And Demand To Determine The Asking Price Of A Home

Housing Supply And Demand In Tallahassee Florida Real Estate MarketIf you want to sell a home in Tallahassee (or anywhere else for that matter), then you better ensure that you have a handle on housing supply and demand.

The real estate market is no different from any other market, and the housing supply and demand situation is going to determine the direction and slope of value change.

In the simplest sense, if we don't have enough places to live, then...



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