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Tallahassee Monthly Lis Pendens Filings August 2010

New lis pendens filings in Tallahassee dropped 32% in August when compared to August 2009, but foreclosures went up nearly 40%. 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 41%, as we can see with the blue line in the foreclosure graph below.

Lis Pendens Filings in Leon County Florida

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

Distress Property List Form

Best Buy List - Tallahassee Homes

Welcome to Tallahassee's premier location for identifying the best values in the market. Our information is updated and contains short sales, foreclosures, bank owned and other properties which represent potentially tremendous savings.

This information includes pictures and other specific details for your review, because many of these "bargains" disappear quickly. For this reason, we only provide our list to our Preferred Clients who request it.

All we need to know is where you want us to send the list . If you would like to be contacted by phone when a new premium distress property hits the market, please leave us a phone number where we can contact you.

[gravityform id="32" name="Best Buy List" title="false" description="false"]...

A Place To Call Home

Tallahassee Realtor Andrea Chapman features this 4 bedroom, 2 bath contemporary home built in 2007.   It is the popular, efficiently designed "Sequoia " model by Turner Heritage builders. 

 The open, airy interior gives a spacious feel to the 1819 square feet of living space.  In addition, the screened in patio, not included in the square footage measurement, provides room for informal dining, entertaining, or simply relaxing and enjoying the scenery.  The brick-front house sits on a half acre of land, with dedicated green space bordering the back yard. ...

Tallahassee Foreclosure Filings August 31, 2010

Tallahassee Foreclosures Filings August 31, 2010

Subdivision/Location Address Sqft Age Date Tax Value
APTHORP SURVEY 1818 S MONROE ST 6,240 1950 8/31/2010 $204,321
ARROWHEAD ESTATES 8840 ARROWHEAD DR 1,474 1960 8/24/2010 $182,221
BETTON HILL 1518 ARGONNE RD 2,391 1973 8/26/2010 $269,843

Neighbors Worry About Vacant Home Conditions

Vacant-Home-ConditionsVacant home conditions have always been a concern in the Tallahassee real estate market, when neighbors wonder what is being done to maintain a property until it is sold. But with the glut of homes for sale in our current market, this condition is something that we might actually see get out of hand.

Recently, I have received two emails requesting that our real estate brokerage company maintain properties that we have listed for sale in Tallahassee.

While I certainly understand the neighbors concern about vacant...

OPEN TO ALL AGENTS: Pricing Workshop

Did you know that two out of three homes listed for sale in Tallahassee FAIL to sell?!  What percentage of YOUR listings successfully sell?

Overpricing a home in today's real estate market does a lot more than just waste time for you and your home seller.  Every overpriced property that is listed for sale delays stabilization of the real estate market in Tallahassee. 

Whether you’re brand new or you’ve been a Tallahassee Realtor for years, the market is ever changing. 

Continued training is very important to maintaining an edge in real estate in...

Bulls And Bears In Real Estate

Real Estate Bulls and BearsSome of the loudest voices in the investment markets are calling for the real beginning to the housing recovery to start next year. Others are saying the problems will be around for many years to come.

I say the answer is right in front of us and can be measured at any time, thus the talking heads really do not need to theorize.

Bullish On Real Estate (Long Term)

Anybody who has followed the Tallahassee Real Estate Blog or the ...

Long Term Trends Show Housing Market Cooling

The long term trends being recorded from the Tallahassee MLS show that the housing market in North Florida is definitely slowing down. By tracking the changes that occur each day and then looking at the trailing 12 months, we can find trend changes in the market as soon as they occur. Right now all trends continue to show a reduction in activity.

[caption id="attachment_1166" align="aligncenter" width="600" caption="One Year Home Inventory Trends In Tallahassee"][/caption]


The Return Of The Real Estate Company

Image of Tallahassee Real Estate Company With Home Marketing PlanIn much of my writing, I often mention that home sellers should interview real estate companies, not just real estate agents. This comment goes relatively unchallenged and unnoticed for the most part, but every once in a while I get feedback. Most often times, the feedback comes from a real estate agent, and location does not seem to matter, as real estate is practiced in a similar manner in most communities in the US housing market.

This morning, I read...

Home Sellers Have A Role To Play

What a home seller needs to do to get a home soldWhen a home seller hires a real estate company for the job of selling a home, they often feel like their work is done and all they have to do is sit back and let the REALTOR® take over. And as much as we would like to be able to provide this level of service, there are just too many things that fall under the heading of "seller's job" that require the seller to play their role in the sale of a home.

As you might expect, ...

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