
Camelot Park Home Sales Defy Falling Housing Market
The average home price in Camelot Park is 27% lower today than it was at the peak of the housing market five years ago; better than most.

The average home price in Camelot Park is 27% lower today than it was at the peak of the housing market five years ago; better than most.

The April 2012 housing report shows the anticipated season growth in real and relative supply of homes for sale in Tallahassee.

New real estate report shows there are over 11 months of supply of homes for sale in Tallahassee, and the relative supply rose in March 2012

Most builders place little value on the real estate agent, knowing most of their efforts will be listing the property in the Realtor MLS.
Tallahassee Foreclosures Filings April 7, 2012: Properties that received a lis pendens filing in Tallahassee, for the week ending 4/7/2012

Piney Z dropped from 147 home sales in 2003, to just 28 in 2011. That is a decline of 81%, and the pace thus far for 2012 is even lower!

It can often be said, as goes Killearn Acres, so too goes the Tallahassee real estate market. This is especially true today.

Eagles Ridge homes vary in value based upon whether they are on the golf course, on the water, or if they are interior homes
I am often asked why some homes under contract show up for sale during a property search, and the answer includes surprises most people
There were 422 Lis Pendens filed in Tallahassee, Florida during the first quarter of 2012 (up 86% over the previous quarter) and up 99% over prior yr.

The March 2012 Tallahassee Lis Pendens and Foreclosure summary shows roughly 43% of lis pendens that are filed have resulted in a foreclosure sale.
Tallahassee Foreclosures Filings March 31, 2012: Properties that received a lis pendens filing in Tallahassee, for the week+ ending 3/31/2012

Killearn Estates homebuyers are simply choosing to purchase the larger homes, sending a signal that low interest rates are allowing them to

The US Pending Home Sales Index Feb 2012 has started off so well that Lawrence Yun has reported that 2012 is the first year of the recovery!

Pressure on real estate values will remain until we see “equilibrium” return between the number of homes for sale and the # of buyers.

Million dollar homes in Tallahassee represent the top end of our housing market, many of these homeowners are not informed of current market

I identified a trend among Bull Run home buyers last November, and we find that trend has strengthened in the first quarter of 2012.
Tallahassee Foreclosures Filings March 21, 2012: Properties that received a lis pendens filing in Tallahassee, for the week ending 3/21/2012
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