Joe Manausa | Tallahassee Real Estate

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ARCHIVED BLOG POSTS

2011 

There is good news from the recent Pending Home Sales Report released by the National Association of REALTORS, showing an increase in the number of new contracts across the US. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 2.4 percent to 90.9 in June ...
07/31/2011
For the first time in 7 months, Tampa home sales are showing signs of cooling off. The number of homes selling each month in Tampa has been gaining strength since September 2008, but the June home sales report finally had to take a breather. In the graph above, green vertical lines show when a ga...
07/31/2011
I post a lot of real estate graphs on the Tallahassee Real Estate Blog, and I often get questions from visiting REALTORS on how I am able to produce and publish so many graphs. The secret is two-fold, and both parts are provided by Microsoft. First of all, I maintain several spreadsheets in Micro...
07/31/2011
In the summer of 1991, I was just completing my final assignment in the US Army. I had been to a career briefing in which they showed me a timeline/career path projection that went out 15 more years, and it was a great wake-up call for me. You see, I have always been the competitive type, and it ...
07/30/2011
The Gardens of Killearn is a popular Northeast Tallahassee neighborhood nestled in the southern section of Killearn Estates. Homes there where mostly built in the 1990s, and the average home is 3 or 4 bedrooms with about 2,400 square feet of living space.   Our company worked with several builder...
07/29/2011
Every month I like to read the National Association of REALTORS® Existing Home Sales Report to see how Lawrence Yun is going to positively interpret the data being reported from all the US housing markets. Last month he blamed the weather, this month apparently the problems were due to contract c...
07/28/2011
Our recent study of the Tampa housing market has led me to pursue a more thorough understanding of “why” the Tampa real estate market appears to be rebounding faster than the rest of the State of Florida. Today’s real estate graph sheds some light on this topic. Home sales in Tampa have been retu...
07/27/2011
You might be wondering what is a short sale going to do for a homeowner who owes more money on a property than it is worth, and who really needs to relocate right now. After all, there are options for homeowners beyond just doing a short sale, right? What Is A Short Sale? First of all, what is a ...
07/27/2011
A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $300,000. The market value of the home is $210,000. To make a long story short, the lender a...
07/26/2011
No matter what type of home you have, the pace of home sales in Tallahassee is at or near a 20+ year low. But some homes are faring better than others, and today we’ll see some evidence that waterfront homes in Tallahassee are performing better than there “inland” counterparts. In order to create...
07/25/2011
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Joe Manausa

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