Search Listings

Which Tallahassee Subdivisions Should Expect The Most Foreclosures

In case you missed the announcement this weekend, we just released our foreclosure reports for the month of June.

During the process of compiling all of the lis pendens filings for the report, I felt it would be a good time to create a graph showing the Tallahassee subdivisions where we should expect to find the most foreclosures in the coming year.

While many of the "usual suspects" are listed, there were a few surprises as well.

Tallahassee Subdivisions With The Most Foreclosures

The following real estate graph shows the Tallahassee neighborhoods with the most lis pendens filings over the past 12 months.

Most are not surprising, as this group for the most part mirrors the top selling neighborhoods as well.

Tallahassee Subdivisions With Foreclosures

The are some popular neighborhoods notably absent from the list of new foreclosure filings.

Bull Run is a top 5 selling neighborhood, yet it ranks tied for #87 with only 2 lis pendens filed in the past twelve months. Two other top ten neighborhoods, Summerbrooke and Arbor Hill, rank tied for #48 with only 3 lis pendens filed for each during the past year.

How To Use Lis Pendens Announcements

If you are not in any hurry to move, and you know where you want to live, you can use our weekly lis pendens reports to search for potential up-and-coming distressed properties. Recently, the following reports were filed:

If you want to know more about Tallahassee foreclosure trends, we also publish monthly summaries which include a list of all lis pendens filed for each respective month.

And for all of our data lovers, we also compile quarterly and annual reports

So take the time to check out the distressed properties that will likely be entering the market over the next few years. These properties still represent more than a quarter of the inventory that is selling, so it's a great way to get a leg-up on your buying competition. Often times, these properties hit the market and sell in the first few hours, so knowing what to expect allows you to make a decisive move without having to make a panicked offer.

Of course, the best way to buy a foreclosure in Tallahassee is with an experienced buyer's agent. If you would like to start planning for buying a property below market, just drop me a note and we can schedule a time to start you on your way towards a successful purchase.

Post a Comment

Blog Navigation

Posts By Category

All Categories Advice: Real Estate (496) Blogging Real Estate (187) Distressed Property (32) Foreclosures (4) Glossary of Real Estate Terms (33) Government and Real Estate (31) Homes For Sale (158) Housing Market Conditions (1269) 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 (641) Team Member (1) 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