This is the view for a year...We did have a bit of a Market Shift in the 3rd quarter of 2006. With Buyers starting to look again in Oct, Nov, and Dec. Since about January 2007 I think the Buyers started looking back into the market.
APPRECIATION 2006 AVERAGE $ UNITS APPRECIATION
NORTHEAST 304,450 1334 11%
Avondale Area 279,611 28 14%
Betton Area 266,758 24 -19%
Eastgate 187,267 12 26%
Golden Eagle 527,251 35 -1%
Killearn Acres 212,827 73 9%
Killearn Estates 309,524 113 13%
Killearn Lakes 241,793 121 10%
Ox Bottom 404,258 33 9%
Piney Z 261,969 38 12%
Summerbrooke 464,790 41 15%
NORTHWEST 183,368 655 11%
Autumn Woods 142,421 63 10%
Huntington Woods 156,590 20 9%
Lakeshore Area 247,158 42 7%
Plantation Woods 163,868 19 10%
Tharpe 182,772 156 16%
SOUTHEAST 215,788 348 23%
Southwood 347,716 81 10%
SOUTHWEST 133,962 192 10%
All in all, I think Tallahassee and Leon County as a who is getting back on tract. I feel the appreciation number her will be mostly cut in half, or by about two thirds for 2007. I don't see anything that will cause us to be negative of below the 2-4 percent appreciation Tallahassee has seen over the last 3 Decades..
Bottome line folks...good time to buy...take advantage of it while the leverage lasts...
Until next time...
If you have any questions email chris@ringtheirvers.com or call 850.545.9317
Chris
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