Joe Manausa | Tallahassee Real Estate

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ARCHIVED BLOG POSTS

2009 

  Forty is on my mind today. Yesterday, we celebrated the 40th birthday of my “little” brother Danny, and this month we celebrate the fact that 40 tough months of real estate is most likely behind us. Today, we begin to make the climb up from the bottom of the worst housing market since the Great...
11/29/2009
  A friend of mine asked me the other day “what’s the real deal in Southwood?” I responded “The real deal?” He said he heard all kinds of rumors about what is going on in Southwood, that taxes are up and values are down. I told him that I would do a thorough analysis of the real estate market in ...
11/27/2009
  Yesterday, I received a great comment by a Destin, FL REALTOR® who pointed out that the shadow inventory of homes has many more components than just the defaulted mortgage pool. His example was of homes in a new neighborhood, developed in 2005, where all of the home owners are now upside-down o...
11/26/2009
The Tallahassee area logged 163 single-family existing-home sales in October, down 5 percent over a year ago which is not as good as many other areas in Florida that seem to show gains in every market measured. Of course, those measurements are from REALTOR® MLS reports, which typically do not sh...
11/25/2009
We have been keeping an eye on home foreclosures in Tallahassee for several years now and have warned that a log-jam of homes has been accumulating in the shadow inventory. In today’s foreclosure update, we’ll look at the location trend of homes that are being added to the “distressed properties”...
11/23/2009
  The Federal Housing Finance Agency (FHFA) last week announced that the maximum conforming loan limits for mortgages originated in 2010 will remain unchanged from the list provided in 2009. The maximum loan limits for Tallahassee and all other areas in the United States can by found in a downloa...
11/22/2009
If you have been following the Tallahassee Real Estate Blog over the past few weeks, you know that we have sporadically reviewed some neighborhoods in Tallahassee, and lately have done the first three units in Killearn Lakes Plantation. Today we’ll take a final look at Killearn Lakes, with a revi...
11/19/2009
All across America this morning, people will be grabbing their morning paper (online most likely) and reading an article that was circulated through the Associated Press about the new home construction industry. As a matter of fact, the article features a picture of a home being built in Tallaha...
11/18/2009
  I have heard the rumors, have you? Tiger Woods joins the Tallahassee Real Estate Team At CENTURY 21 First Realty? It’s not enough to hear the rumors, but do we have photographic evidence as well? Of course, the picture of Tiger Woods could just be the one where he is wearing the victor’s Gold J...
11/17/2009
Many people are wondering just exactly where this crazy real estate market is heading and how to anticipate its next move.  Unit sales have dropped and prices are continuing on a downward spiral. In the past three years, we have seen a very hot sellers’ market change to a very cold buyers’ marke...
11/16/2009
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