The fact that mortgage interest rates are on the rise means that homebuyers can expect to have higher monthly mortgage payments in the future (versus what they would pay if they purchased and borrowed funds today). But there is another factor working
Most new sellers and new buyers do not ask for supply and demand information, and they will seldom get it from their real estate agents. Instead, they leave money on the table by entering into unsuccessful negotiations because they are ignorant of cu
While it’s too early to report final numbers (some real estate agents are still putting their closed home sales in the Tallahassee MLS), it’s not too early to report that home sales grew nicely in 2016. Our report shows what this means for both buyer
Shannon Forest home prices soared in 2016, something we were prepared for after all the distressed property sales in recent years. The average home sales price was $202,900 for Shannon Forest in 2016, and a few remain below $200K! Don’t expect these
Cameron Chase home prices moved up 8% in 2016, and with 7 homes sold and closed we should consider this a fairly “normal” year for the neighborhood. The average home sales price in 2016 was been $234,200.
The average value of a home sold in the Gardens of Killearn in 2016 has been $121 per square foot. I believe that increased demand (coupled with lower inventory) are going to push these homes higher next year and entice more sellers to test the marke
This report focuses on single family detached home values versus single family attached home values (condominiums and townhouses) in the Tallahassee real estate market.
When it comes to buying a home, the greatest issue for the majority of buyers is from where to get the money. Roughly 1 in 4 can pay cash, so that means the remaining 75% of homebuyers need another source of capital.
Average home prices in Meadowbrook have shot up sharply this year. The average home sales price is $183,608 thus far in 2016, the highest average price recorded since 2009.
Do you need a three or four bedroom home in downtown Tallahassee and want a nice sized yard too? If so, take a close look at Camelot Park, it likely has what you need at a price you can afford.
Tallahassee Job Openings – Joe Manausa Real Estate is growing again. We are hiring salaried employees who are high energy, fun loving, competitive people to help us deliver our brand of customer service to the Tallahassee home selling and home buying
All current Southwood listings and a graphs showing average home prices, home values, and home sizes in Southwood, as well as a table of more than 2,800 closed home sales going back to when sales first began in Southwood.
Nothing is more frustrating than seeing the perfect home with a ‘contract pending’ sign on it before you even knew it was for sale. Here are 3 steps to take to ensure that you are ‘in the know’ on new MLS listings.
Now that Donald Trump has cleared the Electoral College and will be our next President, there are some signs that assure us that mortgage interest rates will continue to rise beyond what we have already seen.
Fewer homes will sell in Woodland Drives in 2016 than in any of the past four years, but it’s not due to low demand! Only two homes are on the market right now, and one is already under contract. Properly priced homes do not hang around very long.
High end home sales have been on fire, and we know why. And there is some serious evidence to suggest it is about to slow down significantly. Take a look at all the homes for sale above $650K and our graph and sales analysis that forecast tougher tim
How do you buy a home (wisely) that you are likely going to need to sell or rent in the next two to three years? Here’s advice that you should consider so that your move gives you the best result.
Average home values in Arbor Hill are soaring too, up nearly 13% so far in 2016. The only reason we will see any future sales here under $100 per square foot will be due to either a short sale or poor property conditions. Arbor Hill is recovering wel
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