
Home Inventory Levels Rising
Higher home inventory levels are reported as homes coming on the market outpaced homes leaving the market by a whopping 313 homes, a 14% increase in just two months

Higher home inventory levels are reported as homes coming on the market outpaced homes leaving the market by a whopping 313 homes, a 14% increase in just two months

A look at residential sales trends to see current home price movement as well as why the housing market is behaving the way that it is.

Pending home sales are the list of homes that are under contract and waiting for closing, and this list is growing in the Tallahassee housing market.

Often times, we see real estate reports that mistakenly correlate real estate depreciation and appreciation to the movement in average home prices.
Tallahassee Foreclosures Filings March 14, 2010: This is a list of properties that received a lis pendens filing in Tallahassee, for the week ending 3/14/2010.
The following tables demonstrate housing supply and demand dynamics in the Tallahassee real estate market as of March 13, 2010. Each area

Housing consumption must continue for the time being, forcing home builders to the sidelines until the over-supply is corrected.

Year Over Year Home Sales shows a gain of over 6% for the month of February versus the same month last year.

Pricing Strategy – home sellers who do not understand the evolution in pricing strategy will find that they are chasing away homebuyers.

Tallahassee Neighborhoods are enjoying the beginning of the market turn, with homes selling at a faster rate today than they were a year ago. The most

North Florida: A glut of available properties has left the four county area with 18 months of supply of homes.

Home sales each month, going back to 1991 has grown from 400 home sales per month, to a level surpassing 500 home sales each month.

Summerbrooke home sales show home prices are still dropping but monthly sales are on the rise. Just how soon will the market will reach equilibrium.

Home sellers are finding more success today than they have for the past two years, and might be facing the best market they will see for quite some time.

Louisville follows the same real estate trends as other cities in our nation, only to a much lesser degree. But like I posted earlier this month, Louisville hasn’t seen a drop in home values since before 1978. That changed in 2008 and 2009.

Wakulla County home sales are down 79% since the peak of the market in March 2006. Simultaneously, foreclosures in Wakulla County are “through the roof.”

How to figure out the value of a home based upon its tax assessment using home sales information from the past and present
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