Joe Manausa | Tallahassee Real Estate

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A real estate blogger has so many topics that are available and germane to the central theme of the blog. I think it must be a whole lot easier to write a real estate blog than some others where topics tend to be more narrow in scope. Sometimes though, I like to review the recent topics and reach...
Home sellers need to have a solid feel for what home buyers are doing when they search for a home to buy. The use of the internet by home buyers continues to increase and the National Association of REALTORS® Annual Survey of Home Buyers showed that 94% of home buyers used the internet in their h...
Single family detached average home prices continue to fall in Tallahassee, with the impact of the homebuyer tax credit impacting even the costlier section of the Tallahassee housing market. Average prices of single family detached homes in Tallahassee dropped below $190,000 for the first time si...
Pending home sales have stabilized in the Tallahassee real estate market. The 365 day trend of pending home sales is monitored daily by the best real estate agents in the Tallahassee housing market as a barometer of current and future market movements. In the real estate graph below, we can see b...
One great graph that shows much in one quick glance is the Tallahassee real estate 1 year inventory trends. By combining the trends of new listings, new pendings, new sales, and new failures, this real estate graph is a great way to view inventory movement in Tallahassee housing. One thing that r...
The average monthly sales activity in the Tallahassee real estate market seems to be finally picking up. As the real estate graph below shows though, we are just over 1/2 our normal rate of sales. The yellow line represents the normal rate of sales, using the 1990s as the baseline. Tallahassee Re...
Leon County year to date home sales rose in February versus 2009. This was the first rise since 2005, which comes to a market much in need of some positive movement. In the real estate graph below, we see year-to-date sales of single family detached homes (in red) and condos/townhouses (in pink)....
Tallahassee mortgage lenders are now dealing with the bevy of loans in default. For those readers who do not follow our updates on Tallahassee Foreclosures, we have been observing the rising foreclosure rate in Tallahassee for quite some time. Currently, 25% of the lis pendens that are filed resu...
It is baseball season again for our family. With two sons playing, that equates to four games per week. And nothing better demonstrates the problems with America and the problems with our mortgage market than a simple observation that has been visible for quite some time. Youth Baseball Exposes S...
  The National Association of REALTORS® released its monthly spin on the market two days ago, and I am noticing a growing trend of careful omission that seems to extend from coast to coast. Apparently, everybody is just hoping the shadow inventory of homes is just going to go away. When reports a...

Joe Manausa

Tallahassee Real Estate
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