Search Listings

Tallahassee Pending Home Sales Slowing January 22, 2010

If you read our report yesterday on long term trends in Tallahassee housing, then you know that we promised to isolate and explore a changing trend that we are seeing in the Tallahassee MLS. Unfortunately, if the trend holds up, then it is not good news at all.

Tallahassee Real Estate Market Pending Home Sales Trends

The purple line in yesterday's real estate graph didn't show much, but when we move it to its own scale, we see that the pending home sales trend in Tallahassee has stopped rising, and in fact appears to be falling back down. Will this be something more than a "hiccup" in the trend? Time will tell, and we will be keeping an eye on this.

If you are a home seller and you have been getting some activity on your home, consider lowering your price a little to entice buyers to "grab it first." If you haven't been getting any nibbles, I suspect that you might want to pull your home from the market and wait until the inventory (your competition) is further reduced.

No activity (assuming you are doing a great job marketing your home) means that your price is out of touch with today's real estate values and buyers are not even interested in checking it out. If this is your situation, call your Tallahassee real estate professional and get advice on what you should be doing.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (495) Blogging Real Estate (187) Distressed Property (32) Foreclosures (4) Glossary of Real Estate Terms (33) Government and Real Estate (31) Homes For Sale (156) Housing Market Conditions (1265) Housing Report (54) Lis Pendens (4) Main (1018) Mortgage / Finance (74) New Construction (19) Off Topic (87) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (26) Real Estate Opinion (3) REALTOR News (11) Tallahassee (90) Tallahassee Neighborhoods (632) Uncategorized (50)

Posts By Month

Blog Roll

Luxury Homes For Sale New Construction Homes For Sale Homes For Sale With Swimming Pools Homes For Sale On Acreage Homes For Sale In Golden Eagle Plantation Homes For Sale In Killearn Lakes Plantation Homes For Sale In Killearn Estates Homes For Sale In Southwood Homes For Sale In Killearn Acres Homes For Sale In Summerbrooke Homes For Sale In Piney Z Homes For Sale In Bull Run Homes For Sale In Betton Homes For Sale In The Ox Bottom Area

Tag Cloud

Grab Our RSS Feed

Tallahassee Home Searches

Contact Us

Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917