Residential Inventory in the Tallahassee Real Estate Market

Tallahassee Florida Real Estate Blog

Today's posting on the will be short and sweet. I've just come back into town and have a lot of catch-up work to do. I've been out of town since Thursday and the first thing that I want to know is whether or not we've seen a directional change in the residential inventory in the Tallahassee real estate market. The easiest way to do this is to go to the Tallahassee Real Estate Market Bulletin and check the graph. If the yellow section is below the zero line, then inventories are finally dropping. If the yellow is still above the zero line, then we are continuing to add inventory. As we can tell from the graph above, our sixty-day trend is still "above the line." This means that our residential inventory in the Tallahassee real estate market is growing by about 2 homes per day. I am looking forward to the day that we see the yellow band drop below the line, which would mean that residential inventory in the Tallahassee real estate market would finally be dropping! !

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Keep checking out the Tallahassee Real Estate Blog every day for updates that include charts, graphs, and analysis of the Tallahassee real estate market.

As a reminder for those who subscribe to the Tallahassee Real Estate Blog by email, some embedded pictures and videos might not be appearing in your email and you might need to click the title header to go to your browser where all will be visible.

Keep checking out the Tallahassee Real Estate Blog every day for updates that include charts, graphs, and analysis of the Tallahassee real estate market.

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Joe Manausa is a real estate investor and the Broker and Co-Owner of Joe Manausa Real Estate. He can be reached via e-mail through the Tallahassee Real Estate Website or catch his latest writings on the Tallahassee Florida Real Estate Blog , or by calling (850) 386-2001.

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