Tallahassee Lis Pendens Filings July, 2008
Too often, we work with people who want to buy a home in Tallahassee who do not understand the importance of being a strong buyer. They believe that due to the nature of the market, they have thousands of homes from which to choose so they can just go out and "shop."
But that is not the case in the Tallahassee real estate market. As a matter of fact, that has never been the case in just about any real estate market. You see, the inventory of homes for sale in Tallahassee is quite large, but it can be divided into three basic groups:
Have you ever been driving around a neighborhood and seen a home for sale that really piqued your curiosity? Most likely you called the real estate brokerage office and asked to see the property, only to be asked to come to the office. The office might even be on the opposite side of town!
This scenario happens all to often in our Joe Manausa Real Estate in Tallahassee. You might wonder why most real estate professionals will refuse to meet you at the home, rather they insist on you coming to the office for the first meeting. You might be surprised to find out that there are several very important reasons why this first meeting should occur in the real...!--more-->
Once a month, I receive my data for all the recorded sales in Leon County. This complete data set is roughly 50% larger than the sales data from the Tallahassee Board of Realtors Multiple Listing Service (MLS), and thus it gives us a better perspective of the entire Tallahassee real estate market than just the MLS reports.
Fortunately, you can visit our Tallahassee Market Bulletin more than just once per month, as we update the information there at least twice per week. The Tallahassee Market Bulletin can be viewed any time and is located at http://www.manausa.com/market.php. Also, you might have noticed the three buttons that are in the footer of each blog post. You can access market reports directly by clicking any or all of these buttons.
The Tallahassee Real Estate Market Report for June has been posted, please stop by and don't forget to give us feedback so that we can continue...
Today's blog is going to be an update on the inventory of homes in the Tallahassee real estate market. I want to remind the readers that this information can be found, updated twice per week, on our Tallahassee Real Estate Web site at //market.php.
The key to figuring out the market is understanding the cycles that we must endure. From the graphic below, we can see that we spent the past two years stuck between Point A and Point B. Prices have risen and we were seeing our inventory grow. This was in part due to over-building, but primarily due to the slowing actions of the Buyers. Buyers no longer saw great value in the prices of Tallahassee homes.
The reason that we track inventory movement on the Market...!--more-->
Do you want to live on your own 3 to 5 acre homesite, in a new home, at an affordable price, but still have easy access to town?
This is what everyone has been asking for. Just off I-10 at Hwy 59, you'll find new 3 & 4 bedroom homes at Heritage Hills offering quiet, country living and a place to enjoy peaceful solitude.
After a hectic day at the office in town, doesn't this sound refreshing? This new neighborhood is an exceptional buying opportunity. So many new neighborhoods are being built...!--more-->