foreclosures tallahassee: 30% Of Home Sold Still Distressed
- 07/02/14 09:16 PM
There is an interesting conflict developing for distressed home sales in Tallahassee. We are seeing roughly 30% of the homes selling each month come from short sales, foreclosures and bank owned properties, yet there are very few distressed listings entering the market.
That means buyers are flocking to a smaller pool of these below market properties, and we will soon see some changes occurring in what is closing.
Perhaps the big dip in buyer activity this summer can be blamed on the fewer offerings from short sale sellers.
Distressed Home Sales Graph In the real estate graph below, we see both arms … (0 comments)
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foreclosures tallahassee: Foreclosure Rate On The Rise (AGAIN)
- 12/22/11 08:25 AM
If you are somebody who tracks Tallahassee foreclosure activity as a way to forecast the future of distressed property sales, then you most likely know that new Tallahassee lis pendens filings are on the rise again. This means that more distressed properties are on the way to join the glut of homes for sale in Tallahassee.
We have been anxiously awaiting the November Foreclosure Report (as we have for the most recent months since the supposed end of the “robo-signing” scandal earlier this year) knowing that the new lis pendens reports will all but forecast the supply side of the 2012 … (16 comments)
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foreclosures tallahassee: Strong Neighborhoods Must Lead The Real Estate Recovery In Tallahassee
- 08/22/11 02:21 AM
There are some strong neighborhoods in Tallahassee that must lead the way to the Tallahassee real estate recovery. In doing my research for this morning's post on the Tallahassee Foreclosure Ratio, I discovered that more than a third of Tallahassee neighborhoods have not had a foreclosure filed since before January 2008.
I was surprised to say the least, and this is very good news for the Tallahassee housing market. Strong neighborhoods must lead the charge for the real estate recovery in Tallahassee.
The graph above shows the top-selling neighborhoods in Tallahassee that have not had a foreclose filing since I … (2 comments)
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There is an interesting conflict developing for distressed home sales in Tallahassee. We are seeing roughly 30% of the homes selling each month come from short sales, foreclosures and bank owned properties, yet there are very few distressed listings entering the market.
;)
;)
;)
