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Tallahassee Monthly Lis Pendens Filings July 2010

New lis pendens filings in Tallahassee dropped 19% in July when compared to July 2009, but foreclosures went up nearly 60%. 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 38%, as we can see with the blue line in the foreclosure graph below.

Graph of Tallahassee Foreclosures

In the real estate graph above, the green bars represent the annual trend (12 months of information each) of lis pendens filings, the red bars represent the annual trend of foreclosure...

Tallahassee Foreclosure Filings July 31, 2010

Tallahassee Foreclosures Filings July 31, 2010

Subdivision/Location Address Sqft Age Date Tax Value
ANNAWOOD 4016 MARTHA DR 910 1971 7/23/2010 $83,650
APALACHEE RIDGE 816 COCHRAN DR 1,012 1959 7/27/2010 $72,743
ASTORIA PARK 1813 PORTLAND AVE 1,540 1973 7/27/2010 $123,405

Creative Real Estate Closeout

The past two blog posts have been dedicated to thinking outside of the box and using creative real estate solutions for home sellers who are having a tough go at selling their homes in the Tallahassee real estate market. Yesterday, we posted two riddles and asked readers to respond with the correct solution, and "Bill" was the first to respond with both correct answers.

The correct answers for our creative real estate riddles were:

  1. He was a lighthouse keeper.
  2. The other three were women.
So, thanks Bill and everybody who commented and emailed their answers to us.

Creative Solutions For Homebuyers


More Creative Solutions To Your Real Estate Problems

Thinking Out Of The Box In Tallahassee Real EstateYesterday I posted some riddles and asked if our readers could solve them (click here to visit yesterday's real estate blog). I was pointing out the parallel between these tricky riddles and the daily problems that home sellers in our struggling real estate market  face every day. Both require creative thinking (outside of the box thinking) to effectively solve.

Yesterday's sleuth was David Freni, who...

Best Condition & Largest Lot with Surprise Extras!

Are you looking for affordable housing in a central location accesible to Florida State University, FAMU or Tallahassee Community College? How about a home that allows you quick access to I-10 for your daily commute? Does a home with recent rennovations that is move in ready interest you? Check out our newest listing located at 2930 Oakwood Drive compliments of listing agent Eva Armstrong!

Preferred Internet Client Program


Welcome to the page on our site where we get to acknowledge your insight and offer you our thanks for being a preferred client. You see, not all real estate customers are built alike. Some of you are knowledgeable about the process and are very comfortable using the tools and reports that we provide on our web site.

When we work with this type of customer, it gives us more time to focus on the needs of the client, rather than on educating the client on the many important aspects of buying a home. We see it as a win-win-win:

  • The Customer - Customers who interact...

Outside The Box Real Estate Solutions

out of the box solutions for real estateI received a great newsletter from a friend, David Rich, who included a few "thinking outside of the box" riddles that made me see a parallel between what we are doing now to help people sell their homes and solving these riddles.

When the housing market is balanced (supply and demand are at equilibrium), it does not take a whole lot of skill to sell a home. In fact, during the boom years when everybody acted as if they wanted to own several homes, ...


Hashanna Montalvo has been a full time Realtor with Joe Manausa Real Estate for more than five years. She has enjoyed being in sales since she was a young child. Born and raised in New Jersey, she helped her mother to manage their small business while she was growing up. Where they sold T-shirts, videos and bubble pens seven days a week. Working hard everyday as a child, instilled Hashanna's strong work ethic.


Home Sellers Scramble For Reduced Buyer Pool

Home sellers are competing for an increasingly smaller pool of homebuyers, and our recent housing market reports are providing proof that the market is going to be tough going for home sellers for some time to come.

In case you missed yesterday's blog on the rapid growth of foreclosure sales, it is worth a review. The bittersweet news is that banks are finally starting to really take action on their bad loans, but this is going to flood the market over the next 6 to 18 months with bank-owned inventory homes (Real Estate Owned or REO properties). In the simplest sense, it is like a new builder coming in and bringing hundreds or thousands of new homes...

Foreclosure Study In Tallahassee Reveals Positive News

Graph of Foreclosure in TallahasseeAfter conducting a preliminary study on foreclosures and lis pendens in Leon County last week, we knew that something exciting was happening and it needed to be analyzed with much more scrutiny. In case you missed the blog, it was titled Tallahassee Foreclosure Report Posts Postive News and it contained evidence that the banks were both slowing down on new lis pendens filings, as well as speeding up on pushing through foreclosure sales.


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