Leon County distributed a news release a few days ago that could provide for some relief for people in parts of Leon County who have fallen behind on their mortgage payments. It’s part of a $1.5M grant from the State of Florida’s Impact Fee Proviso Program, which was awarded to Leon County Healt
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07/30/2009
Today is a short post, inspired by a recent reader question, that allows us to pursue a “statistic” that many “real estate professionals” quote, but few truly understand. Today’s topic is about the relationship between the asking price and the selling price (sales price to list price ratio) of ho
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07/29/2009
People have been asking me a lot of questions lately about foreclosures, shorts sales, and the elusive shadow inventory. From my conversations with both readers and real estate professionals, as well as my reading of articles and blogs on the internet, it is clear to me that most people do not ha
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07/28/2009
Recently, a reader asked a question about some of the different nomenclatures that we use in the real estate industry. With so many apparent real estate professionals for people to choose from, it can get very confusing. This is the case with one of our readers “Jeremy,” who asked the following
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07/28/2009
Just a quick reminder that the Tallahassee Real Estate Newsletter is published and shipped out today to all of our subscribers. If you would like to receive a copy when it is published every three weeks, all you have to do is subscribe. It’s free, it’s easy, and it takes about 15 seconds. You ca
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07/27/2009
One of the harder real estate sales in Tallahassee to track is lots (homesites). Often times, homesites are sold in bulk, so there is only 1 resulting sale in the tax records, but it might represent tens or even hundreds of Tallahassee home lot sales. We can use the Tallahassee MLS, but the REALT
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07/26/2009
Greetings from New York. I’m writing this from the road, so today will be another brief Tallahassee neighborhood snapshot, focusing on the Buckhead subdivision on the Northeast side of the Tallahassee real estate market. I pulled all the “arms length” home sales in Buckhead and immediately saw de
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07/26/2009
We love to get questions and comments from our readers, as they often times lead to the best blog posts on the Tallahassee Real Estate Blog. After reading yesterday’s blog regarding the appreciation rates of homes in Tallahassee, sorted by size ranges, we received the following comment from read
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07/24/2009
Somebody recently asked me if any size of home was selling better than the rest. For example, are smaller size homes doing fine in this market, and only the larger ones are recording real estate depreciation? She felt as if homes in her Tallahassee subdivision were being listed for sale, yet non
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07/22/2009
It seems like every quarter or so I need to do a quick summary of the top selling subdivisions in the Tallahassee real estate market. This is a fairly accurate report, as I download all of the arms-length, existing home sales recorded in Leon County and then spend an hour or two pulling out the
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07/21/2009