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Tallahassee Monthly Lis Pendens Filings April 2011

New lis pendens filings in Tallahassee dropped 58% in April when compared to April 2010, and foreclosures fell 59%. This indicates that banks are more willing to proceed on mortgage foreclosures than they have been in the past, but it also might be a signal that distressed properties and mortgage defaults might be finally starting to slow. Currently, the foreclosure sale to Lis Pendens filings ratio is at an all time high of 60%, as we can see with the blue line in the foreclosure graph above.

Tallahassee Foreclosures Filings April 2011

Subdivision Address ...

Tallahassee Foreclosure Filings April 30, 2011

Tallahassee Foreclosures Filings April 30, 2011

Subdivision/Location Address Sqft Age Date Tax Value
ARBOR HILL 3222 EARL DR 1,078 1986 4/26/2011 $111,602
ARBOR HILL 3256 WHITNEY DR W 1,144 1980 4/26/2011 $120,431
CHATEAU DE VILLE OF TALLAHASSEE 2020 CONTINENTAL AVE 920 1967 4/28/2011 $52,440
CHEMONIE CROSSING 9069 OLD CHEMONIE...

Take Your Child To Work Day At Joe Manausa Real Estate

[caption id="attachment_1673" align="alignright" width="204" caption="Joey (8) working hard at Joe Manausa Real Estate office."][/caption] Thursday, April 28 was Take Our Daughter and Sons to Work Day.  Kids get a day off of school to learn how their parents bring home the bacon. 

Guest Blogger Provides Insight On Hard Working Parents

Max Manausa ImageEvery year at this time, an army of workforce impostors joins the ranks of their parents to enjoy a day off of school by participating in the Take Our Daughters And Sons To Work Day. Joe Manausa Real Estate likes to participate in this wonderful program, as it encourages families to interact and instill the important messages with the children about the importance of hard work and the need to envision their bright futures.

This year, my son Max decided to "follow me" for the day. I was a bit curious to see if he could "keep up," so I gave him...

Home Sales Would Be Stronger If Mortgage Lending Would Return To Normal

No Money Down Loans ImageHoly cow, I have to agree with Lawrence Yun on quite a few points that he made during the release of the monthly  Existing Home Sales Report last week. Dr. Yun, the chief economist for the National Association of REALTORS® explained that existing home sales in March were down compared to March of last year, and there exists more than 8 months of supply of homes for sale at a national level.

As we know from our own Tallahassee housing reports, 5 to 6 months of supply are considered a balanced market and anything higher than that...

4 Stages Of The Home Selling Process

Four Stages Of The Home Selling ProcessIf you are thinking of selling a home in Tallahassee, what stage of the home selling process do you currently find yourself?

You see, I have found that home sellers go through several important stages, and if they are lucky, they meet a highly informed real estate agent who can help them make a proper decision to accelerate them through the home selling process.

...

3 Tips To Avoid Over-Priced Home Seller Traps

Over Priced Homes ImageIf you are thinking about buying a home in Tallahassee, you better beware the trap that many overpriced home sellers hope to set for you. I always urge our buyers to read an article I wrote on How To Buy Overpriced Home Listings, but despite my best advice, they are still willing to walk into the trap, so I thought I would reiterate a few of the reasons to beware the over-priced home seller.

The way most real estate contracts work, when buyer and seller have come to terms on a transaction, is that the buyer goes into a period of due diligence where they inspect the...

Recognizing The Importance Of Liquidity In Your Housing Market

Liquidity ImageWhen pricing a home to be sold, it is imperative that you analyze and recognize the importance of liquidity in your housing market. After all, home values are dropping in most US markets and the traditional method of price and wait is no longer working for those homeowners who must sell their homes.

Investopedia defines liquidity as ...

How To Sell Your Home In 4 To 14 Days

Home Sold In 4 To 14 Days ImageYou should plan to sell your home in 4 to 14 days, or you are crazy to enter today's real estate market with a home for sale in Tallahassee. Home values are still dropping, so the time that you waste with a poor marketing effort is time that your home is falling in value. Home sellers need to make a deliberate decision on what they plan to do with their home, and then ensure they do everything possible to achieve success.

Deciding not to enter the market is very wise for sellers who really do not HAVE TO sell a home. If living in the home another five to seven years is a realistic alternative...

Tallahassee Foreclosure Filings April 21, 2011

Tallahassee Foreclosures Filings April 21, 2011

Subdivision/Location Address Sqft Age Date Tax Value
ARBOR HILL 3222 THAMES DR 1,263 1982 4/15/2011 $128,574
AUGUSTINE PROP 8749 CABIN HILL RD 1,947 1973 4/18/2011 $159,599
BLAIRSTONE FOREST 1702 SILVERWOOD DR 1,371 1991 4/15/2011 $119,379
BLOXHAM TERRACE 101 CACTUS ST 17,550 1994 ...

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