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Tallahassee Monthly Lis Pendens Filings June 2011

New lis pendens filings in Tallahassee stayed the same in June when compared to June 2010, and foreclosures fell 63%. 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 has dropped from an all time high last month to 56%, as we can see with the blue line in the foreclosure graph above.

Tallahassee Foreclosures Filings June 2011

Subdivision Address ...

Tallahassee Foreclosure Filings June 30, 2011

Tallahassee Foreclosures Filings June 30, 2011

Subdivision/Location Address Sqft Age Date Tax Value
ADAMS PLACE CONDOMINIUMS 3000 S ADAMS ST 1,264 2005 6/22/2011 $54,352
ADAMS PLACE CONDOMINIUMS 3000 S ADAMS ST 1,264 2005 6/29/2011 $54,352
ARBOR HILL 3309 WOODY WAY 1,428 1978 6/27/2011 $134,606
AUTUMN WOODS 5640 OLD HICKORY LN 910 1979 6/23/2011 $98,785

What Is The Real Market Value Of A Home Today?

Market Value Of A HomeI just love when we get questions from readers at the Tallahassee Real Estate Blog, as it usually produces the kind of information that people who are in the market to buy a home or sell a home are seeking.

After a recent post about NAR's "temporary" position on the state of the housing market, I received several questions about my views and market measurements....

Tallahassee Real Estate Maps

Tallahassee Real Estate MapsI was helping an out of town customer buy a lot recently and realized that many people are most likely not aware of some of the great Tallahassee real estate maps that can be found on the internet.

I use these all the time to get a feel for lot sizes and topography, so I figured this might be some "good to know" information for anybody interested in building a home in Tallahassee in the next few years.

Top Tallahassee Real...

Foxy in Foxcroft

Seller Financing available for this gorgeous house in Foxcroft Tallahassee! Beautiful one owner home shows pride of ownership. Mature landscaping surrounds this fantastic pool home with recent upgrades to include a new roof, pool liner, appliances, and plumbing so all of those high ticket items are practically new for your convenience!  This home located at 2997 Fenwick Court East features hardwood floors, a large master bedroom suite with bonus room or office, and renovated kitchen, a screened in back porch, a vegetable garden, a private back yard and separate living room and family room for all to enjoy. This is a tremendous value at an unheard of price so don't miss out on this opportunity. If having trouble obtaining financing, seller financing...

Forest Heights

Forest Heights is heating up, and possibly might become the renegade neighborhood in Tallahassee. Though it has declined in value like the rest of the real estate market, Forest Heights is going to be attracting both real estate investors and owner-occupants alike.

With homes built in the 1950s, 1960s, and 1970s, Forest Heights is a mature subdivision in the northwest quadrant of Leon County. This means that no new construction has occurred in roughly 40 years, and the boom of the housing market pulled it up without having a direct impact on supply. These homes are very much "Tallahassee homes," and you will find both students and families...

Why Is My Home Not Selling?

Why Is My Home Not Selling>

All across the US there is a recurring question being asked by home owners who want to sell a home and are frustrated because they are not finding a buyer. These hopeful home sellers are asking “Why Is My Home Not Selling” ???

When I first meet with a home owner who has recently failed in an attempt to sell their home, this becomes the base theme for our discussion. They start by asking me ... why is my home not selling?

They are frustrated for many reasons, and most of them had not realized just how competitive the housing market was going to be. For those with past experiences selling a home, they thought they would just ...

You Should Be A Cash Buyer In Real Estate

Cash Offer In Real EstateI have written quite a few articles on how to buy a home in Tallahassee, so this one will be short and sweet, written solely to address a very important strategic point for homebuyers. And that point is ....

You Should Be A Cash Buyer In Real Estate

What, you don't have a couple hundred thousands dollars laying around to use as a cash for a home? No worries ... you can still do this.

Understanding A Cash Offer In Real...

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