Joe Manausa | Tallahassee Real Estate

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Home sales in Ox Bottom continue to flourish, as 2014 begins with unit sales averaging nearly 4 houses sold each month. As one of the top selling neighborhoods in Tallahassee (along with Southwood, Killearn Lakes Plantation, Killearn Estates, and Bull Run), we keep a close eye on the Ox Bottom ne...
Home sales in Piney Z grew tremendously last year, reducing much of the glut of inventory and leaving this popular NE Tallahassee neighborhood with fewer homes on the market than we have seen in years. House values and house prices have moved up nicely from a market bottom established at the end ...
Bull Run has not let a new year slow its pace, as this relatively young neighborhood is still producing new construction homes that buyers love. In the past twelve months, 61% of home sales in Bull Run have been new construction. Though buyer activity is still very hot, Bull Run has yet to see it...
Last year brought a much needed increase in the pace of home sales in Summerbrooke , something last seen (before) the explosion of the housing market in 2004. Though buyer activity has slowed from last year's peak, this popular NE Tallahassee golf course community continues to participate in the ...
More so than any other graph in our collection, the image of the market for high end homes in Tallahassee provides a clear picture of the perilous tie between home sales and low mortgage interest rates. Our graph tracks all Leon County, Florida homes priced over $400,000 since the beginning of 19...
You might remember that the terms "mean, median, and mode" are all names for "average," but do you know how they can be manipulated for real estate reporting? Before you [Yawn] away this article, I want to let you in on a little secret.... You know, it's been said that "they" can make numbers mea...
With mortgage interest rates so low, many of the people buying a home in Tallahassee are wondering whether they should go with a 15 year mortgage or the more traditional 30 year fixed rate mortgage loan. The answer to the question will be unique to each person, but I have put together a methodolo...
The rate of appreciation for Tallahassee houses has cooled off of late, mostly due to the foreclosures and short sales still clearing through the market. In fact, the average price per square foot of condominiums and townhouses are both on the decline right now, with evidence that many more forec...
A slowing of the pace of growth is the latest observation to report among the most important trends in the Tallahassee housing market. All across the Country we are hearing about slowing markets, and now we are seeing it here. Thus far, we have not suffered year over year declines, but the rapid ...
Babe Ruth has said a lot of things about baseball, but what would he he say if asked about selling a house in 2014? George Herman "Babe" Ruth, Jr., nicknamed "the Sultan of Swat", played 22 seasons in Major League Baseball (MLB), from 1914 to 1935. The Babe achieved his greatest fame as a sluggin...

Joe Manausa

Tallahassee Real Estate
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