Search Listings

Tallahassee Real Estate Reports With The Crystal Ball

The crystal ball in real estate imageMost of my Tallahassee real estate reports are comprised of charts and graphs in order to monitor and then help explain what is transpiring in the housing market. The real estate graphs and charts are visual methods that often "show" what is occurring in the market far better than mere words can do in a blog.

The purpose of today's Tallahassee real estate report is to simplify our style and use common sense to help our readers determine their wisest strategy for making decisions regarding their home and their real estate holdings.

Sure, we are in tough times, but the Tallahassee real estate market is giving us very clear signals about what will transpire over the ten to fifteen years, so if we are smart enough to pay attention, we can outperform the herd and that usually is a good thing.

Using The Crystal Ball In Our Tallahassee Real Estate Reports

If I were fortunate enough to own a real crystal ball that could show me the future, I would simply report what it says each day and the Tallahassee Real Estate Report would be perfect, error free, and boring!

The reality is that so many factors combine to change the ebb and flow of the real estate tide in any market, so a prudent homeowner pays attention to the "big picture." Supply and demand analysis is the "70% Solution" that will keep us tuned in to the current state of the market, regardless of what the national real estate lobby and local media want to lead us to believe.

Simply put, we look to see how just how many homes are for sale in Tallahassee, and what is the current rate of buyer activity in the housing market. The graph below appears often in the Tallahassee Real Estate Blog, and it is because it is the most accurate "picture" of the current demand for homes in Tallahassee.

Graph: Pending Home Sales In Tallahassee

Of course, if you caught our blog about real estate inventory growth a few days ago, then you now have a complete picture of where this market is heading. Demand is falling, supply is rising, thus pricing pressure will continue to drive down home values. By comparing current supply with current demand, we know our problem will exist for a minimum of the next three years.

Solving The Real Estate Market Problem In Tallahassee

How do we "fix" this problem? The simple answer is we need Tallahassee to grow. Be vocal in your support of the Economic Development Council and make sure you vote for local leadership that will address population growth needs. We have more homes than our current population needs, so the solution will involve population growth.

Tell our State politicians to fix our Florida Colleges; allow the Colleges and Universities to set market tuition so that they can grow with the great demand for higher education in Florida. We should work hard to keep the 1 Million + "Florida Prepaid College" students in Florida by making sure they have seats. Higher education can be the impetus to a resurgence of Florida growth, and thus a return to growth in Tallahassee.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (470) Blogging Real Estate (189) Distressed Property (31) Foreclosures (3) Glossary of Real Estate Terms (28) Government and Real Estate (29) Homes For Sale (100) Housing Market Conditions (1214) Housing Report (54) Lis Pendens (4) Main (1030) Mortgage / Finance (66) New Construction (1) Off Topic (80) Our Listings (3) Our Sales (7) Real Estate Market Snapshot (20) Real Estate Opinion (3) REALTOR News (11) Tallahassee (87) Tallahassee Neighborhoods (264) Uncategorized (50)

Posts By Month

Blog Roll

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 Golden Eagle Plantation 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
© Joe Manausa. All Rights Reserved.
Privacy Policy|Terms of Use|DMCA Notice