buy a home in tallahassee: Some Neighborhoods Are The Perfect Bell Weather For An Area - 02/02/12 12:59 AM
Homes in Tallahassee neighborhood Killearn Lakes have dropped in value by more than a third since the peak of the housing market.
As one of the most popular neighborhoods in Tallahassee, Killearn Lakes offers a great representative view of homes in Tallahassee, and currently there are 42 homes for sale in Killearn Lakes Plantation.
In the graph on the right, the green vertical bars show the number of arms length home sales each year, the red shows the number of distressed home sales each year, while the brown line measures the average price of homes in Tallahassee neighborhood Killearn Lakes that … (0 comments)

buy a home in tallahassee: How To Find A Buyer's Agent - 11/05/10 02:51 AM
I was recently in communication with somebody looking to buy a home in Tallahassee when I was pleasantly surprised by a request for a buyer’s agent. Having been in the real estate business for 20 years, I can count on one hand the times that I have received the specific request for somebody who specializes working with home buyers.
Most real estate professionals do not really specialize in working with “just buyers” or “just sellers,” though don’t be surprised to hear somebody telling you they do. The ability to take a home buyer through all the hurdles that will fall in … (1 comments)

buy a home in tallahassee: Good Tips For A Bad Housing Market - 10/05/10 02:17 AM
Anybody who is thinking about buying or selling a home right now knows that we are in a bad housing market. People who want to sell a home in Tallahassee have way too much competition, and many people who want to buy a home have to sell their home first. But there is a small group of people who are in an unencumbered position to buy a home, and these 5 tips will serve them well in a bad housing market.
♦ Know The Housing Market – The best way to snag a great deal on a house in a bad … (3 comments)

buy a home in tallahassee: The REALTOR With The Right Attitude Wins - 09/29/10 12:18 AM
 
Credit challenged home buyers could have seen yesterday’s blog titled Home Sellers Expand Their Market With Creative Financing and might have had either a positive or negative reaction to what it was addressing. From a positive perspective, they should realize that there has never been a greater need for home buyers in than we have now in the Tallahassee real estate market, thus they have a great opportunity. Reading some negativity into the article however makes one realize that working with creative financing techniques right now is much more difficult than it has been in the past twenty years.
Never … (6 comments)

buy a home in tallahassee: Home Buyers: Beware Of These Common Mistakes - 08/05/10 06:43 AM

One of the benefits of working in a real estate office that utilizes a team approach to customer service is that I get a whole bunch of feedback from our great real estate agents. During our past company business meeting, we were reviewing some of the common mistakes that we see homebuyers make in the Tallahassee real estate market. With this fresh information on the top of my mind, I figured it would make for great blog content this morning.
Based upon our conversation, here some key observations from a Tallahassee real estate office and it’s agents regarding mistakes being … (2 comments)

buy a home in tallahassee: Getting Creative With HomeBuyers - 07/30/10 01:28 AM
The past two blog posts have been dedicated to thinking outside of the box and using creative real estate solutions for home sellers who are having a tough go at selling their homes in the Tallahassee real estate market. Yesterday, we posted two riddles and asked readers to respond with the correct solution, and “Bill” was the first to respond with both correct answers.
The correct answers for our creative real estate riddles were:
He was a lighthouse keeper. The other three were women. So, thanks Bill and everybody who commented and emailed their answers to us.
Creative Solutions For Homebuyers … (0 comments)

buy a home in tallahassee: How To Triumph In Home Sales Negotiation - 06/24/10 02:39 AM

Understanding how to triumph in home sales negotiation should be simple to understand, but I find that is not always so.
If I were to ask 100 home buyers “how much are you willing to pay for the home,” when they found the right home to buy, most would give me an answer that would work against them. The purpose of this post is to demonstrate for home buyers and home sellers the smartest way to negotiate during a home sale.
Much of my advice on real estate negotiation is counter intuitive, but that is why I believe most people … (0 comments)

buy a home in tallahassee: Making An Offer On An Overpriced Home - 02/14/10 11:17 PM
 
One of the great things about having a real estate blog is that we get to see much of what our customers are thinking and doing in their efforts to buy a home or sell a home. Just the other day, I saw the following question that was entered into a search engine which pointed the searcher to our site:
How do you make an offer on a home that is overpriced?
While this seems like a simple question that should have a very simple answer, it made me realize that this home buyer, like many soon-to-be home buyers, does … (0 comments)

buy a home in tallahassee: You Should Not Buy A Home Right Now - 01/12/10 12:08 AM
 
It does not take more than a minute (if you do a search on Google™) to find a blog or article written by a REALTOR® which extols the virtues of buying a home. And there is a better than even chance that “Now is the Time To Buy” will be included in the first paragraph or title of the article.
With this in mind, I thought I would write about the counter argument, why Now Is Not The Time To Buy A Home. You see, I believe that buying a home is not the right answer for everybody. There are … (8 comments)

buy a home in tallahassee: Time Is Running Out For First Time Home Buyers - 10/08/09 12:32 AM
 
Eight Thousand Dollars ($8,000) is a compelling enough reason for many to take advantage of the final days of the First Time Home Buyer Federal Income Tax Credit. But time is running out, as anybody who wishes to benefit from this program must close on the purchase of a property before December 1, 2009.
For all of you procrastinators out there, you need to know that on average, a typical home sale in Tallahassee takes about 45 days from contract to closing. That means first time home buyers have roughly 1 more week to get a home under contract if … (4 comments)

buy a home in tallahassee: Rising Mortgage Interest Rates Affect Home Affordability - 06/10/09 11:35 PM
Yesterday’s blog article pondered whether somebody should buy a home today at possibly a higher price, yet almost certainly lower interest rates, in order to take advantage of the $8,000 First Time Homebuyer Tax Credit instead of waiting for prices to bottom. This created some discussion in the comments and email section of the Tallahassee Real Estate Blog, and made me wonder if their might be another way to consider the impact of rising mortgage interest rates in the purchase of a new home.
So I decided to make a few graphs that demonstrate the impact changing interest rates have on … (0 comments)

buy a home in tallahassee: Understanding The New First-Time Homebuyer Federal Income Tax Credit - 02/24/09 10:34 AM
With all the new information floating around the internet about the First-Time Homebuyer Federal Income Tax Credit, I figured a quick summary and a dynamite link to an explanation page was in order.
Last week, our new President signed the American Recovery And Reinvestment Act of 2009, which included significant improvements to the temporary First-Time Homebuyer Tax Credit. At a bare minimum, it raised the maximum credit from $7,500 to $8,000, but there was so much more.
Follow This Great Link To Summary Of First-Time Homebuyer Federal Tax Credit … (0 comments)

buy a home in tallahassee: The First Step In Staying Safe In This Housing Market - 02/03/09 05:04 AM
If you have ever purchased a home, then you know how much emotion goes into the selection process. Buying a home is not like buying something off the shelf at a consumables store, rather it is a process in which we determine how we will be living our lives in the near future. A prudent buyer knows this and therefore should create a process that does not allow emotion to initiate the home selection process.
What do I mean by all of this? Well, with over 3,000 homes on the market in the Tallahassee Board of Realtors Multiple Listing Service (MLS), … (0 comments)

buy a home in tallahassee: Cash Is King - Pre-Approval Looks Like Cash To A Home Seller - 07/31/08 12:47 AM
Too often, we work with people who want to buy a home in Tallahassee who do not understand the importance of being a strong buyer. They believe that due to the nature of the market, they have thousands of homes from which to choose so they can just go out and “shop.”
But that is not the case in the Tallahassee real estate market. As a matter of fact, that has never been the case in just about any real estate market. You see, the inventory of homes for sale in Tallahassee is quite large, but it can be divided into … (4 comments)

buy a home in tallahassee: How To Buy Investment Property - 06/04/08 11:40 AM
I am helping an investor buy an investment property in Tallahassee today. With most people concerned about the market and choosing to be sellers, he likes to “swim upstream” and so he has moved to a buying position in the Tallahassee real estate market.I figured our selection process might make for an interesting blog post. The simplicity of what he is doing has caused me to realize that sometimes our fears cause us to miss the obvious signs of what we should do. But as he reminded me, the return in real estate is found in long-term, leveraged appreciation. Too many … (2 comments)

buy a home in tallahassee: Buying Investment Properties - 06/04/08 11:34 AM
We often evaluate properties for investment purposes here at the Tallahassee Florida Real Estate Blog. Having done so for years, we have learned, discovered, and compiled some great models that can be learned by anyone. Today, let’s take a look at a model that I refer to as the Real Estate Stack. This is the most basic of measurement models which allows an investor to take an investment and convert it to a mathematical model so that it can be compared with all other investment opportunities. Too often, I see “wanna-be” investors wanting to go look at properties. Personally, I never … (0 comments)

buy a home in tallahassee: Free Foreclosure List - Tallahassee Florida - 04/03/08 01:29 AM
Perhaps the most written-about, most talked-about subject in the national real estate news has got to be foreclosures. If you believe the media, then the neighbor on your left and the neighbor on your right are both being foreclosed upon! So, what is the truth about foreclosures in Tallahassee? Well, foreclosures in Tallahassee are certainly happening at a faster rate than I have seen in the past, but I would not say we are seeing them occur as much as the news media would make you believe. I have found the reports to be so over-stated that I am now tracking … (0 comments)

buy a home in tallahassee: From Iraq To Tallahassee - A Job Well Done - 04/01/08 11:07 PM
Every once in a while, we have a Tallahassee real estate sale that demonstrates the amazing power of the combination of the global reach of Century 21 with the local effort of great people. Here is a classic example of this.I received a late-night call from a U.S. Veteran working in Baghdad. He had received some bad advice on a real estate investment and needed some serious help. Somebody talked he and a friend into buying four new-construction homes to flip and make big money….. So here he was, living in Iraq and losing money in the Tallahassee real estate market! … (12 comments)

buy a home in tallahassee: Is It Time To Refi? - 04/01/08 04:00 AM
I received a call from a client yesterday seeking my advice on whether or not the client should refinance a property in Tallahassee. After asking the client several questions, my advice was against refinancing until he had a better understanding of how long he would own the property.Here is how I determined this advice.
Questions and Answers About The Tallahassee Mortgage Refinance What is the purpose of the refinance? Lower the monthly paymentHow long have you owned the home? Four yearsHow long do you plan on owning the home into the future? At least three more years, most likely five or … (4 comments)

buy a home in tallahassee: Tallahassee Pricing Discovery - 03/30/08 11:39 PM
I have been posting the Tallahassee real estate market charts on the Tallahassee real estate web site for the past week. In doing so, I and many readers were observing that the following chart is a bit baffling.

As we can see above, it appears that prices are rising…. yet we know inventory has risen and unit sales have fallen. What we expect to see is some downward movement on prices. I asked readers of this blog (and others) for opinions on why this was happening and really none of us had a good answer…..
UNTIL Gooch recommended we look … (5 comments)

 
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Joe Manausa

Tallahassee Real Estate

Tallahassee, FL

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Joe Manausa Real Estate

Address: 2066 Thomasville Road, Tallahassee, FL, 32308

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