Tallahassee, FL Real Estate News

By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
Perhaps the most important question that I have to ask potential home-sellers in todays market is “How motivated are you to sell your home?” Nothing impacts the sale-ability of a home more than the Seller’s motivation. Once you have determined the real value of your home, your motivation to sell it is what is going to determine how aggressive you will be in the positioning of your home in the market. To better understand this point, let’s take a look at the different motivation levels that we see in most home owners. What Is Your Motivation Level In Selling Your Home? Anybody who’s motivation is from a zero to a seven is a “Casual” seller. The Casual seller is somebody that says things like “we are not in a hurry,” or “we don’t want to give it away.” This seller says “We will see if we ...
Comments 4
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
I have received numerous contacts over the past few weeks from real estate blog readers, customers, and friends asking me different forms of the same question…. What does it take to sell a home in today’s market? How much time does it take? Can you really quickly sell a home in Tallahassee? These are questions that have their basis in the fear that has been generated and perpetuated by a media establishment caught up in the frenzy of the housing credit problems. While we are certainly in a buyers’ market, homes that are positioned correctly are selling every day. The key to getting a home sold in today’s real estate market is to first understand market liquidity (and thus absorption rates), secondly maximizing the distribution options (marketing), and finally choosing the correct marke...
Comments 43
By Myers Jackson, America's Auctioneer
(Auctioneer, Texas Flip N Move )
 United Country Certified Real Estate Auctions' Tallahassee office will conduct a Florida real estate auction for two luxury homes in Leon County, Tallahassee,FL. The auction production will take place on Saturday June 14th at 1:00 p.m. These luxury real estate properties are both located in prestigious Tallahassee neighborhoods. One of the properties is a towering home on the hill in the esteemed neighborhood at Moore Pond. The 6438 Heartland home easily provides warmth and comfort, perfect for family gatherings, large areas for peace and relaxation. There is great detail throughout, and eloquent finishes are found at every turn. The second home is nestled in the wonderful community of Golden Eagle, a long time high quality standard in the Tallahassee community. At 9146 Eagles Ridge Dr...
Comments 0
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
Every morning, most active Realtors produce a report from their local Multiple Listing Service (in Tallahassee, ours is the Tallahassee Board of Realtors Multiple Listing Service) in order to find out what is happening. The name of this report is called “The Hotsheet” and it lets us know what property listings have had certain activities in a specific time period.I like to pull a hotsheet every morning that shows me the previous day’s activity. But I also like to pull a continuous thirty-day hotsheet in order to see what kinds of trends and changes are occurring in the market. This morning’s 30-day hotsheet for the Tallahassee real estate market yielded the following information: New Listings in the Tallahassee real estate market: 546Price Changes in the Tallahassee real estate market: ...
Comments 0
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
I have been doing a lot of research and reading lately, as I feel this is the toughest real estate market cycle that I have been through in my 17 years of brokering in the Tallahassee real estate market. It seems that many people have an opinion on real estate, and many have speculated that the worst is behind us. While I’m excited to think that some of the stories in the media could actually turn positive soon, I feel that some simple concepts can reveal where we truly are in this current real estate market cycle. Let us first define what a “good real estate market” is versus a “bad real estate market.” A good real estate market is where Sellers can put their homes on the market and can fairly quickly sell them, while a bad real estate market is where most sellers will fail to sell th...
Comments 16
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
Last month we launched our first-ever Tallahassee Real Estate Market Inventory Report. The purpose was to provide useful information about supply and demand in the Tallahassee real estate market. So here it is again. This month, we have improved the Tallahassee Real Estate Market Inventory Report by adding a column of data which shows how the inventory has changed since last months Tallahassee Real Estate Market Inventory Report.   We encourage you to download this report and take some time getting to understand it’s very useful information about supply and demand in the Tallahassee real estate market.  Tallahassee Real Estate Market Inventory Report - April 2008 Tallahassee Real Estate Market Inventory Report - March 2008  If you like this Article then please subscribe to my blog by Em...
Comments 6
By Alex Mordas, Green Building Consultant
(EarthSTEPS)
 Looking for a fun, family event this weekend? Something to do outdoors to enjoy our glorious spring-time temperatures..? Although we are blessed by so many great events here in Tallahassee (e.g. last weekends chain of parks arts festival), we also have some incredibly beautiful neighboring towns that hold their own events. Thomasville, GA only 30 minutes drive, is a great example. A quaint, artsy, well-kept, pretty example of a classic southern town. Thomasville is holding it's annual Rose Show this weekend.  Starting tonight (Thur. Apr. 24th), with the Children's Rose Bud Parade, the festival goes through the 26th and includes equestrian events, orchid shows, bluegrass music, and oh so much more!!! This is the 87th annual festival !!!! For more information, please go to http://www.dow...
Comments 0
By Chris & Renee Chaback, BSBI Partners bsbipartners.com
(Keller Williams Realty)
Hi All,I thought you might be interested in this Northeast Tallahassee Florida Listing.Bull Run is in the Northeast Leon County.  It is considered within the City Limits of Tallahassee. 1 of 12The following link is to the MLS Listing (Click Here to View Listings)  Here is the link to the Virtual Tour.The following is all the similar homes on the market in Township 14 (36 sq.mi. area) commonly refered to as Killearn. CMA Summary Report Residential - Active MLS # ADDRESS BDR SUB CLD SQF DOM LP $/SQF SP $/SQF 166312 2612 Ulysses Road 4 Bull Run  2625   $349,900 $133.30    179664 6321 Sinkola Drive 4 Ox Bottom Manor  2516   $365,000 $145.07    182829 1632 Copperfield Circle 4 Killearn Lakes  2873   $379,900 $132.23    182791 5604 Burnside Circle 4 Bull Run  2611   $400,000 $153.20    176025...
Comments 0
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
Well, it’s that time of the month again, time to publish the Tallahassee Real Estate Market Report. We have scoured the Leon County Tax Assesor’s database as well as the Tallahassee Board of Realtors Multiple Listing Service (MLS) in order to report the latest news with charts, graphs and analysis of the Tallahassee real estate market.All of the attached charts and graphs can be found, free for your viewing, on our Tallahassee Real Estate Web Site. If you click on a chart, it blows it up and makes it bigger. If you click on the link below a chart, it takes you to a chart-explanation page. Tallahassee Lot SalesAverage Residential Prices in TallahasseeAverage Home Prices In TallahasseeSingle Family Detached Home Sales In Tallahassee Condo-Townhouse Sales In Tallahassee Tallahassee Residen...
Comments 27
By Alex Mordas, Green Building Consultant
(EarthSTEPS)
Ever wondered where you can get information on future developments and growth in your city..? Well, now Tallahasseeans have no problems finding the information that we want. Simply go to http://www.urbantallahassee.com/ to see a list of all proposed and pending new development projects in Tallahassee.  The website is the brainchild of TJ Lewis. life long resident of Tallahassee, Florida, and a Knight Creative Communities Initative (KCCI) founder. You will have to sign up, but if information on your community is what you want, this is the place to get it. Updates are regular, and information is pretty accurate.  Info on new and upcoming bars, restaurants, hotels, city redevelopment projects, etc. are all readily available on the site. Highly recommended. Alex Mordas, M.Sc.EcoBroker® & RE...
Comments 2
By Alex Mordas, Green Building Consultant
(EarthSTEPS)
The Green Living Center (GLC), located at 1020 N. Monroe Street on the same block as Decent Pizza, aims to be Tallahassee's answer to all things green.  The GLC hosts a wide array of products and services from green businesses in and around the Tallahassee area. In fact, if you have a green business, or green business idea and would like some space to place products, or a place to advertise, come on down to the GLC and chat with the friendly folks there to see what they can do for you.     Different Low Energy lighting options available at the GLCThe GLC is a unique, somewhat quirky, and definitely very interesting blend of all things green: building supplies, flooring, organic clothing, cleaning products, etc. and Fair Trade products from around the world: coffee, ceramics, clothing, a...
Comments 0
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
I have been brokering real estate in the Tallahassee real estate market for 17 years and have seen my share of market cycles and changes. Today, we are experiencing a market fluctuation that is as severely “down” as the recent boom market was severely “up.” Of course, due to the stable nature of our employment base and population growth, this should be expected, but it has not been easy to accept nevertheless.For most market correction cycles in the past, it was my experience that most homeowners were not tuned in to what was going on. Sellers were in denial and many were hard to educate. But that is not the case today in the Tallahassee real estate market. I see a sense of concern with serious Sellers today that is much more evident than any time in my 17 years of experience.Century 21...
Comments 6
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
It is time for another update on Southwood Tallahassee. For those of you who like to track what is happening in Southwood Tallahassee, I have updated my market information on the Tallahassee Real Estate Web Site. You can find it by clicking on the previous link and then select the Tallahasse Real Estate Market Update Link. Southwood Tallahassee <-- Click here for market snapshot report  If you like this Article then please subscribe to my blog by Email. You will be able to stay informed about the happenings in the Tallahassee Real Estate Market. You can also subscribe through a full RSS feed.  Joe Manausa is the Broker and Co-Owner of Century 21 First Realty. He can be reached by clicking on the comments button below, via e-mail through his company website at www.manausa.com, or by call...
Comments 2
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
We have had quite a bit of response to yesterday’s blog on absorption rates in the Tallahassee real estate market. Apparently, many people who read this blog want to see how Leon County (specifically) is doing versus the entire Tallahassee Board of Realtors Multiple Listing Service (MLS). I did a download from the Tallahassee MLS for Leon County homes that sold from April 16, 2007 through yesterday, April 15, 2008. I also pulled all of the active listings in Leon County. I also took the time to remove all of the duplicate sales and listings (the MLS has many homes that are entered more than once which skews data) to come up with the following information: As we can see from the table above, there is a whole year’s supply of homes across all price ranges in the Tallahassee real estate ma...
Comments 7
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
A key ingredient in determining the value of a home in the Tallahassee real estate market, or any real estate market for that matter, is understanding absorption rate and how it is measured. We define an absorption rate as an estimate of the rate at which homes will be sold each year. This is a critical piece of information that is needed to understand how the inventory of available housing effects the sale of a particular home type in the Tallahassee real estate market. The “math” behind determining the absorption rate of homes in any particular market is relatively easy. We calculate absorption rate as the average number of homes selling each month and use this to determine the amount of supply currently on the market. We measure months of supply as [The Number of Homes Currently on t...
Comments 22
By Alex Mordas, Green Building Consultant
(EarthSTEPS)
Ever wanted to reduce your impact? Ever thought of becoming a composting guru? Well, now you can - and it is simple, cheap and easy to learn and incorporate into your daily routine.   In support of Earth Day, Tallahassee's Solid Waste Services and Leon County will hold their second annual Compost Bin Truckload Sale on Saturday, April 26.   What: Earth Machine Compost Bin Truckload SaleDate: April 26, 2008 Time: 8 a.m. - 3 p.m.Where: Tallahassee Mall Parking Lot Price: $30 each, tax included (retail price is $85), while supplies lastCompost turners and kitchen pails will also be available for purchaseNo Quantity Limits. First-come, first-served until sold out!  Check out the website for Earth Machine to see what a completely cool composting bin you will get!!!  Alex Mordas, M.Sc.EcoBroke...
Comments 4
By Alex Mordas, Green Building Consultant
(EarthSTEPS)
  Feeling Green? ...interested in networking? ...Like good conversation, good beer or drinks and great snacks? Great! Come on by Waterworks bar Wednesday, April 30th for our monthly Green Drinks meeting. Everyone and (almost) Anyone welcome! A fantastic opportunity for meeting other professionals in our community and building business and/or friendly relationships.   This month,  the Green Living Center will provide a short presentation on their business, what they offer for the community, and more details. Hope to see you there (feel free to bring business cards or information to share). Where and When: Wednesday, April 30, 2008 5:30 PM until ???? Waterworks, 1133 Thomasville Road, midtown Tallahassee Alex Mordas, M.Sc.EcoBroker® & REALTOR®LEED for homes, Field AgentGreen Home Certifyi...
Comments 0
By Alex Mordas, Green Building Consultant
(EarthSTEPS)
I wanted to remind all of you Tallahasseans (and wish you were living in Tallahasseeans) that our local chapter of the US Green Building Council will be hosting the Capital Region Green Products  Fair & Trade  Show this Tuesday, April 22, 2008.   Expect a fun-filled and highly informative evening with professionals from all aspects of the green building community -  Please come on down and get informed. Folks living here in Tallahassee are lucky in that we are really pushing forwards to lead the nation in the green building front. If you are just in town for a few days, please do stop on by and come and see what exciting developments are occuring here - perhaps you could gain some information or assistance in starting something in your community..!?  Alex Mordas, M.Sc.LEED for homes, Fi...
Comments 3
By Alex Mordas, Green Building Consultant
(EarthSTEPS)
 Looking to get a home certified in the Tallahassee area...  For about 4 months  now, I have been actively working as a Green Home Certifying Agent with the Florida Green Building Coalition, and have worked on over 100,000 sq. ft. of green buildings in the Tallahassee area. Now, I am really excited to say, if you want to build a LEED for homes green home in the Tallahassee area, myself and one other field agent are now able to provide the field checking, consulting, and assistance with the LEED for homes standards.  This last week we participated in a class at the Florida Solar Energy Center. All participants were required to already be either: 1) LEED AP credentialed; 2) Florida Green Building Coalition Green Home Certifying Agents; or 3) certified HERS raters...  The class covered the...
Comments 2
By Joe Manausa, Tallahassee Real Estate
(Joe Manausa Real Estate)
If you are thinking about selling your Tallahassee home, I would encourage you to understand how your home value is determined in the Tallahassee real estate market. It is not enough to worry about advertising and marketing coverage, as your valuation is the most important issue for you before you enter the market. I often hear a homeowner say something like “I have to get at least $35,000 after the sale of this home because of what I spent on buying it” or “I have to recapture the down payment that I used to buy the home.” While I certainly understand the reasoning behind such statements, I often times have to be the one that breaks it to them that what they need is not a material factor in the price for which their home will sell.The fact is, real estate is a commodity, not a product,...
Comments 9
Explore Tallahassee, FL