Tuesdays at the Tallahassee Board of Realtors (TBR) - 06/27/09 03:30 PM
Tuesday at the TBR is fun and informative meeting each week where some of the top Realtors in the market get together to promote their listings and their client needs.  The meetings are sponsored by various entities, some from affiliated businesses like banks, law firms or title companies.  Each week we also have a moderator, and on 6.8.09 the moderator was Lucretia Thomas of Thomas Acquisition and Property Specialists, Inc.
 I lived in southwest Missouri for over 20 years and up that way, they would say Lucretia is a hoot!  She is very animated, humorous and does not suffer fools lightly.  … (1 comments)

Leon County, Florida sales data through May 2009 - 06/23/09 11:28 PM
Here is the real estate data through the end of May for the market...
 

 
Sales continue to lag previous years and you can see how we are down.  Sales are occurring, but still substantially below historical rates.
Re-sales, which are non-new construction housing, are continuing the 4 year decline in volume.  Pricing does seem to be stabilizing but, the market is still fragile and price sensitive.
There are reports of bottlenecks forming in the local mortgage market as underwriting loans becomes more and more difficult.  Loans are receiving a stringent review causing closing times to increase.  Historically, closings … (0 comments)

Tuesdays at the Tallahassee Board of Realtors (TBR) - 06/22/09 10:12 PM
Every Tuesday, at the Tallahassee Board of Realtor's building there is a marketing meeting.  Different Realtors lead the meeting, there are different featured speakers, but most importantly it is a about Realtors sharing with Realtors about their listings and needs of the buyers they are working with.
Recently, Jay Ralstin, (pictured below) Sales Manager of Wells Fargo Mortgage here in Tally applied his best Kung foo to rates in the Tallahassee area.
 
Well that isn't really true.  He did, however, speak to those attending the TBR marketing meeting about what trends we are seeing with mortgages.
This is the kind … (0 comments)

 
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Michael Lee

Tallahassee, FL

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Frog Realty

Address: 1313 N. Gadsden, Tallahassee, FL, 32303

Office Phone: (850) 222-3764

Cell Phone: (850) 339-9346

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