I was talking with a Tallahassee REALTOR® yesterday and we were discussing an offer he had just made on a foreclosure offering in Tallahassee. We discussed strategy for making an offer to a bank (the home had been foreclosed upon and was for sale by the bank that held the financing on the home)
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03/27/2009
I was having a discussion about the state of the Tallahassee real estate market with a longtime friend yesterday. He had seen the Existing Home Sales report for both the U.S. as well as for the State of Florida. The first thing that caught his eye was the national report, which showed that the
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03/24/2009
As the real estate market in Tallahassee and the rest of the country continues to struggle along, the use of REALTORS® is on the rise in home sales. As confidence in the overall market drops, confidence in the effectiveness of REALTORS® is rising. The real estate graph below represents the measur
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03/23/2009
One of the disappointing side-affects of the boom market, where loan products were created so that everybody could buy a home, was the loss of the skilled buyers’ agent. Back in the day, we had to know all kinds of creative financing options so that “marginal” buyers could still make it to the cl
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03/23/2009
Every month, we update our Distressed Properties Page on the Tallahassee Real Estate Web Site with all the new lis pendens filings in order to see how the distressed properties are affecting the Tallahassee housing market. Unfortunately, both lis pendens filings as well as foreclosures in Talla
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03/23/2009
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 homeow
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03/19/2009
The February real estate sales data has been tabulated and the results have been posted on the Tallahassee Real Estate Web Site. As we predicted last month, February marks the 32nd consecutive month of declines in units sales and we are now starting to see significant drops in pricing. Make sur
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03/17/2009
Every month we pull all the data from the Tallahassee Board of REALTORS® Multiple Listing Service (MLS) in order to determine the months of supply of homes, by price range. This report is a great snapshot that is valuable to people who want to buy a home in Tallahassee as well as to people who
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03/16/2009
As I was flying back to Tallahassee from the CENTURY 21 Convention, I met a woman who was flying back to her home in the Pittsburgh area. When she found out that I was a CENTURY 21 Real Estate Broker, she had all kinds of questions (and statements) about getting a home sold in today’s market. S
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03/16/2009
The CENTURY 21 International Convention kicked off yesterday in San Antonia, Texas (home of the Alamo) and I am excited to bring some of the national news home to Tallahassee. One of the best benefits of being involved in the top brand in real estate is the information that is sent our way. The
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03/11/2009