real estate market report: The Housing Market Heating Is Up
- 08/04/20 01:03 PM
July is over and it is one for the books! It’s not just August-hot outside, the heat has made its way to the housing market.
That’s right, even in the midst of a COVID-19 pandemic, the real estate market is on fire. I have recorded a quick video overview of current housing market conditions and invite you to sit back and relax as I breakdown what’s going on in the Tallahassee real estate market.
You will gain a solid understanding of both the supply and demand for homes and I’ll even share a true-story from this past weekend so that you will know how … (48 comments)
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real estate market report: These Critical Stats Are Missing From The Real Estate Market Recovery
- 11/25/12 11:12 PM
It has been six long years since the market began to unravel and we are still awaiting a real estate market recovery that many around the Country say is occurring.
Sure, there are some positive things happening in the Tallahassee real estate market, but I'm very suspicious about the way this real estate market recovery appears to be forming.
You see, there is a statistic that nobody is reporting, and I even suspect most real estate professionals do not even know it exists.
Real Estate Market Recovery Starts With Supply And Demand A real estate market recovery must begin with a … (88 comments)
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real estate market report: The Real Key To Kick-Starting A Real Estate Market Recovery
- 02/03/12 12:26 AM
When I attempt to put a time frame on the real estate market recovery, I start by looking at real estate supply and demand numbers for the entire country.
It is obvious to me that the supply of homes for sale still far outweighs the current rate of demand, yet when I read most of the marketing and blogs produced by real estate agents, the message seems to be that "the worst is now behind us and we are well into the heart of a real estate market recovery."
I'm sure for some that is true, but I suspect that most … (12 comments)
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real estate market report: Year To Date Home Sales: Glimpse A Picture Of The Bottom
- 11/07/11 01:45 AM
The race to see if 2011 ends up being the worst year on record in the Tallahassee real estate market is too close to call, even after we review the results of the October Year To Date Home Sales Report. Currently, there have been 12 more homes sold this year than at the same time last year, and 19 fewer than in 2009.
Year to date home sales are tighter than could be possibly imagined, but clearly show the distressed state of the market. Our real estate graph below shows an apparent market bottom (hopefully) that was reached in 2009 … (0 comments)
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real estate market report: HUMONGOUS November Housing Report
- 11/11/10 02:40 AM
Every month when the new data is posted for the previous month, I like to assemble a huge housing report which provides a visual representation of the Tallahassee housing market. Our end of month data was received yesterday so today we will show the beginning of our real estate report for November. By observing charts and graphs with analysis, even somebody who rarely tracks the real estate market can understand what is occurring now and what is likely in store for the next few months.
The November real estate report shows signs that our earlier forecasts were spot-on, and that … (4 comments)
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real estate market report: Use Your Real Estate Crystal Ball
- 10/13/10 01:37 AM
Most of my Tallahassee real estate reports are comprised of charts and graphs in order to monitor and then help explain what is transpiring in the housing market. The real estate graphs and charts are visual methods that often “show” what is occurring in the market far better than mere words can do in a blog.
The purpose of today’s Tallahassee real estate report is to simplify our style and use common sense to help our readers determine their wisest strategy for making decisions regarding their home and their real estate holdings.
Sure, we are in tough times, but the … (4 comments)
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real estate market report: Real Estate Graphs From MS Excel
- 10/12/10 01:30 AM
The real estate market in Tallahassee has bottomed again, hitting a level below our August 2009 “Floor” that we had hoped was left far behind. Though plenty of anecdotal evidence has been around for months, the newly released October Housing Report has everything graphically presented to show that 2010 is now the worst year on record in real estate in Tallahassee, Florida.
Yesterday’s supply and demand graph for real estate in Tallahassee showed that our supply levels are again growing, and that we have many years worth of supply to work through. But today’s report also shows the slowing of sales.
… (6 comments)
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real estate market report: Home Sales Heat Up In Tallahassee
- 04/05/10 09:24 AM
By tracking closings in the Tallahassee MLS on a daily basis, we can normally spot trends just as they are beginning to happen.
When we look at the graph above, we can see a recent spike in the number of daily closed home sales in Leon County. There is much speculation that the Homebuyer Tax Credit is helping boost sales, and we will have to see what happens when that opportunity goes away (buyers must be under contract no later than April 30, 2010 and closed no later than June 30, 2010 in order to qualify for the credit).
What … (0 comments)
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real estate market report: Why Housing Reports Often Differ
- 02/01/10 09:28 PM
How often do we see reports about the housing market that seem to show that things are improving, only to find another report that seems to completely contradict the first? And how about when two reports “hit the headlines” at the same time, and seem to be covering the exact same issue, yet conclude with different findings?
The key to understanding what appears to be contradictory housing reports is to first study the source of the report, and then the source of the information from which the report was based.
Often times, there might be a bias that one reporter … (10 comments)
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real estate market report: Real Estate Market Reports Blog Carnival
- 07/19/09 11:47 PM
Welcome to the July 19, 2009 edition of the Real Estate Market Reports Blog Carnival. Each week real estate professionals submit their entries to be included in the carnival in order to expose their housing reports to a broader market. The carnival changes blog locations each week, providing links and readers from all over the county. I hope you enjoy this weeks selections.
Housing Report Mike presents Athens - Clarke County, GA Weekly Real Estate Market Report & Stats, 7/12/2009 posted at Mike's Greater Athens Area Blog and Then Some, saying, "In Athens -Clarke County, GA, for the week … (4 comments)
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real estate market report: 33 Consecutive Declining Months In Tallahassee Home Sales
- 04/19/09 01:12 AM
The new data has arrived for the month of March and it appears that we have posted our 33rd consecutive month of declining home sales (when measured year over year). What this means is the March of 2009 was worse than March 2008 (and February 2009 was worse than February 2008, etc.) going all the way back to June 2006.
March sales dropped 21% compared to March of last year, and year-to-date home sales in Tallahassee have fallen 35% when compared to the first quarter of last year. I’m hoping that we are rapidly approaching the bottom of this housing market, … (6 comments)
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real estate market report: Leave More Footprints - Get More Visitors To Your Real Estate Blog
- 02/10/09 12:39 PM
I like to think of blogging as "leaving footprints" on the world wide web. People who come along behind me and have an interest in real estate just might follow my footprints back to my blog. That is why I think it is important to branch out beyond my blog to pull other potential readers and customers back to me. And because it is on the internet, these footprints aren't washed away with the next tide.
Real Estate Blog Carnivals Allow You To Reach Consumers Who Want More Information You can target serious home buyers and serious home sellers by demonstrating … (14 comments)
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real estate market report: A Great Way To Deliver Hard Facts To Hungry Real Estate Consumers
- 02/01/09 08:16 AM
Do you know what is happening in your real estate market? If you are a consumer, there is a great place to go to find real estate market reports from all over the country.
But if you are a real estate professional, there is a place to go to showcase your knowledge of the real estate market. Not impressed? Well consumers want to know more about your qualifications. They no longer care that "you like people and you like houses!" They want to know that you know the market inside and out, that you can guide them from getting hurt in … (8 comments)
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real estate market report: 4 Critical Real Estate Statistics You Should Know
- 01/21/09 07:19 AM
For those of us who are in the real estate industry, I suspect we watch the housing market a whole lot more closely than the rest of America, even though nearly 70% of the country owns their own home. But if everyone were to just peak at one great real estate report each month, I would recommend a housing report that showed the trend of activity in each of the critical status categories as reported by the local MLS.
By tracking movement of inventory in the MLS, one is able to tell if the market is expanding or contracting, and … (12 comments)
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real estate market report: Blog Carnivals Deliver Readers To Your Site
- 01/11/09 04:52 AM
We have just posted the 23rd Edition of the Real Estate Market Reports Blog Carnival. If you have not participated in the carnival, then you are missing out on a great way to drive traffic to your blog. Each week, the Real Estate Market Reports Blog Carnival gathers together localized information from real estate professionals all around the United States (and beyond). Our goal is to create a place with real information posted by real estate bloggers which is much more accurate than the consolidated MLS reports that NAR publishes.
There are hosts of other blog carnivals that you can submit … (18 comments)
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real estate market report: Consumer Survey Reveals New Facts About Today's Real Estate Professional
- 01/05/09 11:18 AM
The preliminary results of the real estate survey are very interesting and I thought I would share them with the readership of the Tallahassee Real Estate Blog. We asked our readers questions in order to determine the best format for our real estate newsletter.
In order to provide a great report on current interest surrounding the real estate market, we felt the readers would guide us on key decisions such as frequency, delivery mechanism, content, and delivery date. They did not disappoint us at all and the results were somewhat surprising.
See All The Results From This Amazing Survey … (14 comments)
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real estate market report: Great Reports Put Some Color In The Real Estate Market
- 12/28/08 05:23 AM
The Tallahassee Real Estate Market Report for the Month of November, 2008 has been posted. Each of the 18 colorful real estate graphs has been updated to reflect the November closings and as reported yesterday, we saw continued declines in the year over year results for the Tallahassee housing market.
November home sales were down 28% from the previous year, which is pretty much what we have seen each month this year. I suspect that we will see a break-out sometime next year, as the monthly targets will be very low from this year. There are plenty of good reports … (0 comments)
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real estate market report: Discover A Great Way To Drive Traffic To Your Real Estate Blog
- 12/14/08 12:59 AM
We have just posted the 19th Edition of the Real Estate Market Reports Blog Carnival. If you have not participated in the carnival, then you are missing out on a great way to drive traffic to your blog. Each week, the Real Estate Market Reports Blog Carnival gathers together localized information from real estate professionals all around the United States (and beyond). Our goal is to create a place with real information posted by real estate bloggers which is much more accurate than the consolidated MLS reports that NAR publishes.
Again, a super benefit derived from the Real Estate Market Reports … (21 comments)
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real estate market report: Promoting Your Real Estate Blog Through Blog Carnivals
- 12/08/08 10:44 PM
We have just posted the 18th Edition of the Real Estate Market Reports Blog Carnival. If you have not participated in the carnival, then you are missing out on a great way to drive traffic to your blog. Each week, the Real Estate Market Reports Blog Carnival gathers together localized information from real estate professionals all around the United States (and beyond). Our goal is to create a place with real information posted by real estate bloggers which is much more accurate than the consolidated MLS reports that NAR publishes.
Again, a super benefit derived from the Real Estate Market Reports … (10 comments)
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real estate market report: What You Should Know About The Average Home
- 12/03/08 09:43 AM
In yesterday’s blog, I chose to revisit an old blog topic and wrote “Time to Revisit The 3000 Square Foot House.” This was a follow-up article to one that I wrote in July about what has happened to the 3000 square foot house. The article was inspired by a question that I had received from a relocation company that wanted some background information about the Tallahassee real estate market and felt that a good litmus test would be to see some history of home pricing for 3000 square foot homes.
Tallahassee Home Inventory Holding Value Fortunately, this type of research … (0 comments)
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July is over and it is one for the books! It’s not just August-hot outside, the heat has made its way to the housing market.
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