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home inventory: A "No BS" Home Inventory Report That You Should Understand - 10/13/10 07:11 AM
Rising real estate inventory levels is not good news, as the biggest problem that our market faces is the over supply of homes in all counties that comprise the Tallahassee MLS. While we normally focus on Leon County, this monthly graphic shows housing market supply and demand in Tallahassee and its surrounding counties.
Real supply (the number of homes for sale in the MLS, including all statuses from active through contingent) are measured in red, while the relative supply (months of supply) is shown in purple.
When we look at the real supply of homes (red), we see that our … (4 comments)
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home inventory: One Year Home Inventory Trends In Tallahassee - 09/08/10 09:06 AM
The long term trends being recorded from the Tallahassee MLS show that the housing market in North Florida is definitely slowing down. By tracking the changes that occur each day and then looking at the trailing 12 months, we can find trend changes in the market as soon as they occur. Right now all trends continue to show a reduction in activity.
One Year Home Inventory Trends In Tallahassee
In the real estate graph above, the blue line shows that the number of homes being listed each day is falling, while the red line shows that the number of … (0 comments)
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home inventory: Good News In Housing Inventory Report - 09/08/09 06:55 AM
Every month when we’ve assembled the updated data on Tallahassee home sales, we create the Leon County Home Inventory Report and make it available for download from the Tallahassee Real Estate Web Site.
This month brings us good news with the relative supply of homes dropping for the first time since January. As we have discussed often times in the past, we always keep an eye on housing inventories and home sales rates in order to understand the current state of supply and demand in the Tallahassee housing market.
When we study housing inventories, we want to know both the … (0 comments)
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home inventory: Looming Shadow Inventory Soon To Impact Housing Market - 07/01/09 03:57 PM
If you read the most recent Tallahassee Real Estate Newsletter, then you will know a little about the supply of homes that we know exists that are not currently on the market. This “shadow inventory” is the growing number of homes that were once on the market and failed to sell, or are the homes that we know are currently distressed properties but are yet to hit the market as short sales or foreclosures.
One way that we can monitor the shadow inventory is to track home mortgage loan defaults and delinquencies, and thanks to Tallahassee Real Estate Blog Reader … (0 comments)
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home inventory: Competition Is Heating Up In Real Estate - 03/20/09 06:14 AM
If you have a home for sale in Tallahassee, you better understand what you are up against. As we saw in yesterday’s February Housing Report, prices are dropping in the Tallahassee real estate market. Today, I will address a few thoughts from the comments that I am hearing from frustrated homeowners in our market.
Just as a quick reminder, the Tallahassee Real Estate Newsletter will be published and distributed again on Monday next week. We only send our newsletter to subscribers, so subscribe today!
Read the rest of this entry
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home inventory: A Rise In Home Inventory Is A Big Red Warning Flag - 02/14/09 03:12 PM
For those of you who are regular readers, today is an important day because of a new trend that has been brewing in real estate in the Tallahassee, Florida market. For new readers, you might just learn something that you could and should apply to your own housing market.
We keep a very close eye on housing inventory in the Tallahassee real estate market, because we know that inventory levels will dictate the direction in which home values travel. If inventory levels are too low, buyers have to fight over what is available, and prices rise. If inventory levels are … (4 comments)
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home inventory: Proof That Home Inventory Levels Are Dropping - 11/27/08 06:00 AM
If you are curious about what is happening and what is going to happen to home values in the Tallahassee real estate market, I suggest you start your study with a close look at the inventory of homes for sale in Tallahassee (and its surrounding counties). A study of home inventories (and more importantly the movement of inventory) will clue us in quickly as the the current and near future state of the real estate market in Tallahassee.
Home Inventory Levels Dropping In Tallahassee If I’ve written it once, I’ve written it a hundred times. The start of the turn … (0 comments)
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Joe Manausa - Tallahassee Real Estate
Tallahassee,
FL
More about me…
Century 21 First Realty
Address: 1140 Capital Circle SE, Suite #12, Tallahassee, FL, 32301
Office Phone: (850) 386-2001
Cell Phone: (850) 508-1544
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