Joe Manausa | Tallahassee Real Estate

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ARCHIVED BLOG POSTS

2012 

There is an unusually high rate of short sales and foreclosures in Killearn Acres, as 44% of the sales in 2012 were distressed property sales. The real estate graph on the right shows the accelerated pace of distressed property sales that has taken hold of Killearn Acres. Killearn Acres Continued...
12/30/2012
Home sales in Bull Run are on a bull run! With 41 homes sold in Bull Run in 2012, it marks the second best year of all times for the number of homes that sold. Located in the popular NE quadrant of the Tallahassee real estate market, Bull Run seems to be leading the charge towards the recovery. B...
12/27/2012
Home sales in Southwood in 2012 will record their second worst year since homes 2002. As we head into the last week of the year in 2012, only 99 homes have sold and closed in Southwood. Continued Depreciation In Southwood Currently, there are 55 homes for sale in Southwood in the Tallahassee MLS,...
12/26/2012
We did not see the recovery in Killearn Lakes return as nicely as what occurred in Killearn Estates. The real estate graph on the right shows that distressed home sales increased in 2012, and the number of lis pendens filed over the past 12 months seems to ensure that this trend continues through...
12/25/2012
A good year of renewed home sales in Killearn Estates is coming to an end. While values are still declining, the real estate graph on the right shows that more homes sold in Killearn Estates than we have seen since 2007, and the percentage of homes that sold under distressed situations declined. ...
12/24/2012
As another year winds to a finish, it's time to look forward with a real estate outlook for the coming year. Long time readers of the Tallahassee Real Estate Blog might remember past efforts to predict the real estate activity for the coming years. My real estate forecast for 2012 was spot-on, an...
12/23/2012
The buzz about all the distressed homes for sale in Tallahassee makes it seem like we're in the busy months of Spring instead of the dead of Winter. Yesterday's blog about the new trend in the Tallahassee MLS raised a few questions from our readers about buying now versus waiting for next year. W...
12/20/2012
In a recent article where we took A Closer Look At The Houses For Sale In Tallahassee, we found a hearty dose of Tallahassee home listings that were being sold under distressed conditions. The article prompted many people to reach out to me and ask me a variety of questions, but one recurring the...
12/19/2012
It seems to me that whenever buyers and sellers have a disagreement over a real estate agreement, the origin can usually be traced back to poorly written or missing property disclosure agreements. In the State of Florida, home sellers have to disclose to the buyer (in writing) anything that might...
12/18/2012
With real estate supply falling (as it does at the end of each year), I felt it might be enlightening to take a closer look at the real estate for sale in Tallahassee today. I'm reading a lot of reports that suggest the supply of homes for sale around the US is dropping too low, yet I also see a ...
12/17/2012
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