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Tallahassee, FL Real Estate News

By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
528 Truett Dr, Tallahassee, FL Click here to Get Directions$400000 4 Beds - 2 Baths - 0.27 acres Lot Photos Maps & Local Schools Print Coming Soon till 3/14!! Location is top tier on a lot that would be very difficult to find again! Seller will replace roof prior to closing with acceptable offer. Perfect for large family needing extra space. Exterior space with unmatched potential for entertaining large groups or happy pets! Minutes from the Capital, FSU and the highway. Showings start 3/14! Follow This Home
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
4880 Quail Valley Road, TALLAHASSEE, FL Photos Maps & Local Schools Print Click here to Get Directions$930000 4 Beds - 3.5 Baths - 1.81 sqft Lot OPEN HOUSE 4/20 from 12PM - 2PM! Nestled on a sprawling 1.8 acre lot, this White Oak Construction 4-bedroom, 3.5-bathroom luxury POOL home is ready for summer! This home has a gorgeous updated kitchen with Thermador appliances, Calacatta quartz counters, beautiful solid wood and brick floors, and detailed trim work throughout. The sitting room off the kitchen works well as a supervised study space, play area, or home office. Ample space with 3 bedrooms downstairs, an additional bedroom and bath upstairs, and a HUGE 32x24 bonus space with wet bar is perfect for both watching movies and family game nights. Enjoy the expansive back porch overlook...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
1513 Atkamire Dr #A & B, Tallahassee, FL Click here to Get Directions$275000 5 Beds - Photos Maps & Local Schools Print FANTASTICOPPORTUNITY on a quiet street walking distance to FSU!! Featuring three bedroom, one bath apartment UP (APT A) and two bedroom, one bathroom apartment DOWN (APT B), this property is an investors or owner-occupants dream. Both apartments feature extensively renovated interiors and many structural updates (APT A - 2019 Roof, 2018 Water Heater, 2020 HVAC; APT B - 2019 Roof, 2018 HVAC, renovated kitchen with new appliances), but also allowing the next owner to put their personal touch on the home. This ideal location is convenient to shopping, schools, parks and entertainment for home buyers or is a great investment opportunity - do not miss this one before it is...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
1003 Hiawatha Drive, Tallahassee, FL Click here to Get Directions$225,000 4 Baths - 0.25 acres Lot Photos Maps & Local Schools Print Nestled in Southeast Tallahassee, this fantastic three bedroom, two bath lives large with a well appointed kitchen with updated appliances and breakfast nook opening into the living room, a separate dining or additional living space or office space, vaulted ceilings in the private & oversized master suite upstairs with his-and-hers closets, interior laundry and an abundance of windows throughout the home that allow for much desired natural light. Updates have been completed (2020 HVAC and duct work, 2019 Roof & 2021 Water Heater). This ideal location is convenient to downtown, shopping, parks and entertainment for home buyers, or is a great investment opp...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  With the real estate market still sluggish, it should come as no great surprise to see that the average production levels of Tallahassee REALTORS is dropping. As part of our total scrutiny of the Tallahassee real estate market, we have combined some long-term measurements to see how productive the average REALTOR in Tallahassee is performing. So, before we get into the “nitty gritty” of the measurements, ponder this question to yourself real quickly: How many homes does the average Tallahassee REALTOR sell in a year? Was your first thought “less than two!” If so, you are spot on. Tallahassee REALTOR Productivity The following real estate graph shows that the average sales person in the Tallahassee Board of REALTORS is selling fewer than two homes per year! Ouch. I suspect that equates...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.386.2001 1197 Tumbleweed Run, Tallahassee, FL 3BR/2BA Single Family House offered at $130,000 Year Built 1985 Sq Footage 1,343 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 1 Car garage Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION SHORT SALE! All offers contingent on lien holder approval. Fenced in yard, screened in back porch, 1 car garage. Master bath has walk in shower and tub and shower. 2nd bedroom set up as office with current owner so has rons of cabinets for storage. Large open floor plan with vaulted ceilings. Newer windows! see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vaulted ceiling - Living room - Office/Den - Dining room - Dishwasher - Refrigerator - Stove/Oven...
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By John Stehmeyer
(Pro Players Realty)
Our luxury home buyers making purchases over 250k receive 25% off commission! All buyers over 100k receive a $500 credit, a free home warranty or a free home inspection! For more information call us today at (850) 942 – 7653
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Every month on the 25th, the National Association of REALTORS® releases the Existing Home Sales Report which includes single family detached homes, condominiums, townhouses and co-ops. Of all the real estate reports that the NAR produces, this one best identifies the strength and direction of the national housing market. The April Existing Home Sales Report was positive, showing a 7.6% increase over April of the previous year. Lawrence Yun, NAR chief economist, said the gain was widely anticipated. “The upswing in April existing-home sales was expected because of the tax credit inducement, and no doubt there will be some temporary fallback in the months immediately after it expires, but other factors also are supporting the market,” he said. “For people who were on the sidelines, there’...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  All over the Tallahassee real estate market, home buyers are finding some excellent deals as prices have dropped roughly 25% since the peak of the market several years ago. Summerbrooke is a great example of a northeast Tallahassee neighborhood that is seeing a rebound in buyer activity due to some exceptional values that are now on the market. When we look at the real estate graph below, the blue vertical bars measure the average monthly number of sales that occurred each month, while the red line measures the average home value trend in Summerbrooke. As we predicted in previous articles about Summerbrooke, falling values have increased buyer activity and homes are selling again in Summerbrooke. Currently, we are seeing roughly three homes sell each month (arms length sales) in Summe...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Southwood home values continue to decline, but increased activity shows that buyers are starting to like what they see. While the current trend shows that monthly home sales are down nearly 40% from the peak of the market, Southwood is now up to averaging roughly seven arms length existing home sales per month. When we compare the average number of monthly home sales in Southwood to its trend of home values, we see an interesting correlation between falling prices and increased buyer activity. Unfortunately, the buyer activity is not sufficient to reduce the existing inventory of homes in Southwood, so we know that prices will continue to decline. In the real estate graph above, we see the one-year moving average of unit sales and average home values in Southwood. If you follow the purp...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.386.2001 3322 Sawtooth Drive, Tallahassee, FL 3BR/3BA Single Family House offered at $75,000 Year Built 2005 Sq Footage 1,338 Bedrooms 3 Bathrooms 3 full, 0 partial Floors 2 Parking None Lot Size Unspecified HOA/Maint $0 per month DESCRIPTION SHORT SALE! All offers contingent on lien holder approval. Tenant Occupied- must have 24 hour notice. Tenant on month to month lease and can vacate with 30 day notice. 3 master bedrooms all with private bath. Home has normal wear and tear for it's age but otherwise in good condition. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Living room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Washer - Dryer - Balcony, Deck, or Patio ADDITIONAL PHOTOS Photo 1...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
A lot of people use our Tallahassee Neighborhoods page as a resource to find out what is going on and what is for sale in each subdivision in the Tallahassee real estate market. By tracking the traffic, we know that we have stumbled across a great feature for our site that our home buyers and home sellers are using quite a bit. In order to continuously update the information on Tallahassee neighborhoods, I access the Leon County Tax Appraisers tax records, the MLS, and reports from Metro Market Trends to pull together the best information regarding arms-length home sales in our area. The following tables and facts are for  arms length home sales in Tallahassee that occurred between May 1, 2009 and April 30, 2010. 50% of homes sold were in the top 88 subdivisions 50% of homes sold were i...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Do you ever wonder how hard it is to get a home sold in today’s real estate market? I always do, so I measure two key real estate statistics that I refer to as the home sales success rate and the home sales failure rate. By looking at success versus failure in real estate, I always have a current opinion on the relative difficulty in getting a home sold in today’s market conditions. This information is vital for both home buyers and home sellers. We think it gives our clients an advantage in the market. For buyers, they will have a better understanding of what kind of offer is going to land them the perfect house, at the lowest price possible. For home sellers, it lets them know how competitive they have to be in the market. Current Success Rates In Real Estate When we look at the real ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  Every so often, I get a question about title insurance in Florida and it usually comes from somebody selling a home. Recently, I received such a question so I thought I would use it to remind everybody of “how it all works” in the Sunshine State. Jim K. of St. Petersburg asked: I am hopefully selling my home in St. Petersburg, FL. Why is the title company charging me (the seller) title insurance. I paid it when I bought the home 4 years ago. Is this required for me to pay? Thank You Jim K. I see this so often and remember the shortest answer to the question of “who pays for title insurance in Florida?” is “it depends on what the contract says.” Title insurance in Florida is required by the lender (and should be purchased to protect the Buyer under all circumstances), but can be paid b...
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By Brooke English
(Credit Restoration Consultants)
With record unemployment, the growing popularity of food stamps, emergency cash assistance, and government subsidies, more and more people are turning to the Internet in search of lost or forgotten money.  With over $33 billion in unclaimed funds nationwide, the fastest growing search terms on Google and Yahoo have been "unclaimed money" and "missing money."  Chief Financial Officer Alex Sink reminds Floridians of an online claims system making it easier to recover funds held in the Bureau of Unclaimed Property.  Now holding in excess of $1 billion, the unclaimed property comes from dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings.  Unclaimed property also includes tangible items such as watches, jewelry, coins, currency, stamps,...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 3112 Oscar Harvey Rd, Tallahassee, FL 4BR/1BA Single Family House offered at $115,000 Year Built 1991 Sq Footage 1,200 Bedrooms 4 Bathrooms 1 full, 0 partial Floors 1 Parking None Lot Size .69 acres HOA/Maint $0 per month DESCRIPTION This house has so much to offer! Features include neutral colored tile flooring throughout expect in bedrooms, bathroom with huge vanity sink, 2 jumbo sized storage sheds in back yard, Large kitchen has a window above the sink so you can watch your kids, friends and family enjoy the big fenced back yard and above ground pool. The fun doesn't end there is public access to a boat ramp just one mile from this property on Luther Hall, so you can enjoy a boat ride or go fishing on Lake Talquin. SEE PR for inf...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Congress is considering new tax proposals that would place additional burdens on owners and investors in residential and commercial real estate. While this might not seem like a big deal to the average citizen, I can tell you the last thing our economy needs is a further collapse of the housing market. Read this blog, get the word out, then tell your Senators and Congressperson to back off of the real estate market! Reminder: The current edition of the Tallahassee Real Estate Newsletter was published today. If you did not receive this information-packed newsletter by email, all you have to do is go here to subscribe. To say that the real estate market is fragile is a gross understatement. Having just seen the end of the Homebuyer Tax Credit, designed by our political leaders to re-energ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  Real estate in downtown Tallahassee has been dominated by the commercial sector since forever, but residential opportunities are starting to take traction. While there have always been a scattered presence of townhouses, condominiums and apartments, the luxury condo market is finally taking shape. The following is a quick list I produced by pulling some of the more active condominium developments in downtown Tallahassee. There are many condominium developments now compared to the relative few just ten years ago. Due to the current market conditions in Tallahassee (and Florida and the entire US), there are some great values available. Many units are now selling below what it would cost to replace them. As you will be able to see, prices go from super-affordable to well over $1M. [click...
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By Debbie Kirkland
(Century 21 First Story Real Estate)
Wakulla Springs is just minutes from the heart of Tallahassee and a favorite spot for swimmers, nature lovers, and bird watchers! I've been going to Wakulla Springs since I was a kid, and taken my kids many times over the years. Wakulla Springs is one of the largest fresh water springs in the world! Over 250 million gallons of water flows from the spring and travels over 9 miles down the Wakulla river to the Gulf of Mexico. Take a look at the Interactive Exploration Map and you will see why this is such a prized possession of the Florida State Park system. Also at Wakulla Springs you will find the beautiful Wakulla Springs Lodge. The Wakulla Springs Lodge was built in 1937 by financier Edward Ball and is open year-round. It is a hotel, conference center with meeting rooms, a dining roo...
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By Debbie Kirkland
(Century 21 First Story Real Estate)
It's that time again! Every spring new things blossom in Tallahassee, including shiny, stately, spacious new construction homes. Ever wonder what granite counter-tops would look like with dark maple cabinets, or a white kitchen with tile accents would look like? Do you want to know what a "green-built" home looks like or what features might be in an affordable family home in the NW, or NE? In the Tallahassee Parade of Homes, there are homes ranging from $159,000 to $1.8 million. Want to envision your dream home? Want information on new construction costs and time-lines? Now is your chance to ask those questions and see the latest in building and design in these beautiful new homes.   The Tallahassee Builder's Association is holding the 2010 Tallahassee Parade of Homes May 8th-9th and 15...
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By John Stehmeyer
(Pro Players Realty)
Our new site has launched.  There you’ll find links to our featured properties in Tallahassee, Tallahassee Foreclosure search, Home Values, and more. Call us today! Pro Players Realty – The Tallahassee Real Estate Company  
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
If you have to sell a home, you need to understand that a fundamental change in the real estate market has occurred. With this change, the way that you address risk versus reward will need to be modified. No longer will you have the luxury of trying to get the top dollar for your home and suffer no negative consequence should you fail. For most people in the real estate industry, prices have always been going up. Real estate appreciation was the rule, so pricing a home to sell, and all the various other elements in the home sales process, were based upon this important rule. So what I am trying to express is that most real estate professionals do not know how to sell a home today! Sadly, this is true. If you look at the home sales failure rate, it has hovered between 72% and 85% for the...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  Whether you own a home or lease home, want to sell a home or buy a home, the most important thing that you can do is to educate yourself on what is going in the current real estate market. A comprehensive housing report for your local area is more critical today than it has ever been in the past. There are changes coming that can be clearly seen if you are looking at the correct information. Housing markets do not move so quickly, so recognizing change trends might be easier than doing the same type of analysis in the stock market. A Comprehensive Housing Report Starts With Supply And Demand Nothing gives you a better indication on the current state of the real estate market than a summary of supply and demand. Ideally, this summary should be broken-down by areas and price ranges so c...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Home Buyers have been increasing their activity in the Tallahassee real estate market, but the ending of the Homebuyer Tax Credit could slow them down. The peak of the market back in 2006 saw sales of nearly 16 homes per day, but by the time the market bottomed, we were seeing just  6 home sales per day. Home buyers were clearly speaking their opinions of home values in the Tallahassee real estate market. The following real estate graph shows a great recovery has begun in mid August of last year. When we zoom in on the recovery, we can actually track the market change to the very, very bottom. August 17th was the last day of the declining market and the recovery started the very next day. This coincides with old First Time Homebuyer Tax Credit and the seasonal strength of the summer mar...
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