Housing Recovery Kicks It In A Notch In May
By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Similar to our recent report on Royal Oaks house sales, this report on Shannon Forest shows a significant spike in both house prices and house values.The Northeast Tallahassee real estate market is smoking hot right now, and the small neighborhoods along the Thomasville Road corridor are as hot as any you will find. Among them, Shannon Forest is an established performer among the top selling neighborhoods in Tallahassee.I believe buyers enjoy this subdivision due to popular school zones, great access to Tallahassee and I -10, as well as the fact that these houses have withstood the test of time (meaning it is a viable neighborhood that did not spring up overnight during the housing bubble).House values are still attractive, offering buyers properties well-below the cost of replacement. ...