Joe Manausa | Tallahassee Real Estate

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ARCHIVED BLOG POSTS

2010 

  For our long-time readers, it should not come as a big surprise when we report that the number of distress properties in Tallahassee is soaring. Banks are finally starting to clean up their portfolio’s and that means that they are not dragging their feet (as much) on converting lis pendens to f...
09/16/2010
  Nobody has been hit harder than home builders with the down-turn in the economy and falling housing market. Here at the Tallahassee Real Estate Web Site, we often write about the glut of homes for sale on the market and why we do not need any more inventory, but we often fail to point out the f...
09/15/2010
At CENTURY 21 First Realty, we believe that if you track tons of information and record it on a daily basis, the market will speak to us through our  Tallahassee housing charts and graphs. While no specific real estate graph can express succinctly the current state of the housing market, the tota...
09/14/2010
Maintaining solid real estate trend analysis allows us to have a great understanding of where the housing market will head in the near future. Too often, we see the real estate lobby or the national media report on housing market changes from one month to another, with no regard to normal seasona...
09/13/2010
We have often reported in the past that population growth is the most likely cure for the troubled housing market in Tallahassee, as well as the rest of the State of Florida. With a glut of homes for sale in Tallahassee, as well as a very large shadow inventory, the solution is more “occupants” ...
09/10/2010
If you have a home for sale in Tallahassee (or anywhere for that matter), you should check to make sure that your listing in the Tallahassee MLS is both accurate and complete. A review of the Tallahassee Board of REALTORS® Multiple Listing Service this morning showed that many “tricks of the tra...
09/09/2010
The long term trends being recorded from the Tallahassee MLS show that the housing market in North Florida is definitely slowing down. By tracking the changes that occur each day and then looking at the trailing 12 months, we can find trend changes in the market as soon as they occur. Right now a...
09/08/2010
One statistic that we track here on a very regular basis is something that we refer to as the Home Sales Success Rate. Every day we track each home that enters and leaves the market, and then we sort out what has occurred. For the homes leaving the market, we determine whether they left successfu...
09/07/2010
We have faced many struggles in the Tallahassee real estate market over the past few years, but I suspect we might be heading into the worst of it right now. All of the housing reports that we monitor to give us a picture of current trends are negative, with most of our models predicting another ...
09/07/2010
One important factor in home affordability is your Florida property taxes, and we have been dealing with rising property taxes for quite some time. But in 2008, property tax reform completely changed “the rules,” thus bringing a whole lot of confusion to something that should be relatively simpl...
09/07/2010