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housing inventory: Housing Market Equilibrium: Not Until 2018 - 03/28/11 09:13 AM
Preliminary data on Tallahassee population is starting to trickle in from the 2010 Census, and growth appears to be the continuing trend. This is very good news for a struggling housing market, which badly needs a growing population to consume the glut of homes for sale in Tallahassee. Even though there will be more data provided by the US Census in the months to come, we now have enough for an accurate case study on housing market equilibrium. By the end of this post, you will completely understand why we have 7 more years to go!
Tallahassee Population Grows By 1.41% … (10 comments)

housing 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)

housing inventory: Look For Seasonality To Increase Real Estate Inventories - 01/21/10 06:17 AM
 
As we continue to get settled in on the new Tallahassee Real Estate Web Site, we hope to establish some great reporting patterns for our different readers to key in on. One big goal is to tackle a reporting schedule for all of the different housing reports that we maintain.
If you haven’t checked out what we’ve done lately, you might be missing out on some good stuff! Click on the “Market Report” tab in the header any time you visit and it will take you to a section of our web site dedicated completely to real estate market reports.
… (4 comments)

housing 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)

housing 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)

housing inventory: Current Housing Inventory Works With Old Demand - 02/21/09 11:22 AM
I was curious about how the current supply of homes for sale in Tallahassee would appear against demand for the past. If you follow the information on the Tallahassee Real Estate Blog, then you know that the current supply of homes in Tallahassee is a little over 12 months worth at current demand levels.
But graphing current supply against previous demand levels show that we are very near “normal” supply (Click Picture To Enlarge).
The red line in the graph above represents a balanced market at 6.0 months of supply. The blue vertical bars show that current supply would have been … (2 comments)

housing inventory: Home Inventory Report Verifies Declining Real Estate Inventories - 12/28/08 01:53 PM
 
We have been taking daily readings of the housing inventory in Tallahassee for nearly 1 year now. What started as an idea that could be useful in predicting the future of the Tallahassee housing market has turned into a trove of information including charts, graphs, and analysis of the Tallahassee real estate market. We post our findings and our graphs twice a week (or more) at http://www.manausa.com/market.php.
Today is an exciting day at the Tallahassee Real Estate Blog because we unveil our newest  housing inventory tracking graph. This graph is finally able to remove all traces of seasonality as it … (0 comments)

housing inventory: Housing Inventory Finally Moving In The Right Direction - 10/05/08 01:50 PM
We have been watching inventories continue to rise in the residential real estate market for a very long time,  going back to 2005. The Tallahassee Real Estate Blog has been instructing readers that the first sign of change in the housing market should be noted when inventory levels begin to fall on a long-term trend. I can say, with cautious optimism, that we are starting to see our long-term trend move to falling inventories in the Tallahassee real estate market.
Tallahassee Housing Inventory Falls On Short Term Trend The thirty day trend is a look at what we have been seeing, … (2 comments)

 
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Joe Manausa - Tallahassee Real Estate

Tallahassee, FL

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Century 21 First Realty

Address: 1140 Capital Circle SE, Suite #12, Tallahassee, FL, 32301

Office Phone: (850) 386-2001

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