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Tallahassee, FL Real Estate News

Recently, great friends of ours from Illinois stopped to visit on the way to Central Florida.  When friends visit from outside the area stay for a day or two we always try to make a trip down to Wakulla Springs. This fantastic state park is the home to an amazing fresh spring where still today, the source in unknown.  The park features a wonderful boat ride on the river created by the spring with wildlife galore!  Of course, this is Florida so this means alligators.   Pictured here with my wife Laurie are our great friends of almost 15 years, Lyle, Kyle and Judy Welch.  Lyle recently retired from Monmouth College in Monmouth, Illinois as a match professor.  The weather on this morning was terrific.   Wakulla Springs was used as a ocation in the filming of several Tarzan movies starring...
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By John Stehmeyer
(Riverking Custom Painting)
Tallahassee Commercial & Residential Painting Services Tallahassee Painters RiverKingPainting.com   Tallahassee Painting Services, RiverKing Custom Painting, RiverKingPainting.com 3 year written guarantee & 100% satisfaction guarantee, references available RiverKingPainting.com Tallahassee residential painting & staining, interior & exterior RiverKingPainting.com Tallahassee commercial painting interior & exterior RiverKingPainting.com Tallahassee pressure cleaning, soft washing, window cleaning RiverKingPainting.com Tallahassee cabinet painting & refinishing RiverKingPainting.com Tallahassee wallpaper removal & installation, custom trim installation, remodeling RiverKingPainting.com Tallahassee Paint Contractor RiverKingPainting.com Tallahassee Commercial Painting Contractor RiverKingP...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
If you ever need to pull information from the Leon County Tax Assessors database of home sales for the different Ox Bottom Neighborhoods in Tallahassee, it can get a bit confusing. There are four “Ox Bottom” neighborhoods: Ox Bottom Ox Bottom Manor Ox Bottom Gardens Ox Bottom Reserve So, as I’m doing my quarterly update on Ox Bottom in Tallahassee, I was trying to decide whether or not I should just lump them together or treat them separately. I know the correct thing to do analytically is to separate them as they are different neighborhoods with differing home sites, but being a staff of 1 makes that not feasible due to time constraints. But I had to satisfy my curiosity regarding valuation and unit sales, so the following graph breaks out the four different Ox Bottom neighborhoods by...
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By John Stehmeyer
(Riverking Custom Painting)
By Benjamin Moore Paints Tough economic times like these call for innovative ways to generate traffic and increase sales for your business. Here are five surefire ways to keep gloomy economic forecasts from raining on your business parade: Expand Your Network - Work with colleagues in complementary industries (home design, flooring, furnishings, color consultants) to provide referrals, distribute business cards, brochures, etc. Barter services to save each other money as well as provide an immediate reference for your work. Be sure to take advantage of Benjamin Moore's Inside Edge - our contractor program that provides business solutions for the professional painting contractor. One of our newest offerings - Marketing Solutions - provides print-on-demand ready-to-use advertising materia...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
I have been conducting home appreciation studies on many Tallahassee neighborhoods, hoping to find some that are doing well despite the tough market that we are in. Most Tallahassee subdivisions have seen depreciation (from the peak of the market) in the 15 to 20% range, and reduced unit sales by greater than 60%. But this morning, I stumbled upon a Tallahassee neighborhood that has thus far bucked part of the recent trend. The Royal Oaks Subdivision is located just off of Thomasville Road on the Northwest side of Killearn Estates. Home values have thus far appreciated quite nicely over the past 20 years, with growth in each of the last three years as well! This is the first Tallahassee neighborhood that I have found that has done this. Of course, like many other subdivisions in Tallaha...
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By John Stehmeyer
(Riverking Custom Painting)
Tallahassee Home Improvements RiverKingPainting.com Tallahassee Paint Contractor RiverKingPainting.com Tallahassee Commercial Painting Contractor RiverKingPainting.com Tallahassee Residential Painting Contractor RiverKingPainting.com Tallahassee Paint Store RiverKingPainting.com Tallahassee Remodeling RiverKing Custom Painting Tallahassee New Home Painters RiverKingPainting.com Tallahassee Home Repairs & Painting RiverKingPainting.com Tallahassee Wood Rot Repairs, RiverKing Custom Painting RiverKingPainting.com Tallahassee Painting/Painters Residential & Commercial RiverKingPainting.com Tallahassee Painting Home Improvements Bathrooms, Kitchens, Bedrooms, OfficesRiverKingPainting.com Tallahassee Painting Interior & Exterior RiverKingPainting.com RiverKingPainting.com Tallahassee Paintin...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
It’s time for another quick update of a popular Tallahassee neighborhood. Today we’ll take a quick peek at Summerbrooke, a golf course community located on the Northeast side of the Tallahassee real estate market. In order to produce this report, I went to all recorded home sales in Summerbrooke and removed the “non arms length” sales. This means that if a bank was a buyer or seller, or if a quit claim deed was recorded, that information was not used for this report. Additionally, I only used existing home sales, so no builder homes were included in this report. The resulting information should give people who own a home in Summerbrooke an idea of what the competition looks like should they decide to sell a home. Of course, this is not an appraisal for a specific home, as no final adjus...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  The new Leon County Home Inventory Report is completed and has been posted at The Market Bulletin. Just as we have experienced over the past several months, this month brings more growth in the relative supply of homes in the Tallahassee real estate market. The Leon County Home Inventory Report measures the current months of supply of homes for sale in Tallahassee by measuring the number of homes currently on the market and then by dividing them by the total number of sales over the previous twelve months. This results in what we refer to as the relative supply of homes for sale in Tallahassee. Each quadrant of Leon County is represented individually in the report, showing new home supply, existing home supply, and over home supply in the Tallahassee housing market. The information is...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Just a reminder that the Tallahassee Real Estate Newsletter shipped out to subscribers on Monday. If you haven’t taken the time (about 15 seconds) to subscribe, you can do so in the sidebar to the right. The Tallahassee MLS is an excellent source of information when you want to compare supply with demand. We can pull a lot of useful information out of the MLS when we compare active listings and past home sales, but one of the most important trends that I like to follow is the “Relative Supply” trend. We use this to measure housing consumption, or the rate at which homes are being purchased. The relative supply is the number of homes available, measured in months of supply, when compared to the previous years rate of sales.  While we know that the actual supply of homes for sale in Talla...
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By John Stehmeyer
(Pro Players Realty)
  ABOUT US The Tallahassee Lenders’ Consortium, Inc. is a non-profit organization whose mission is to improve people’s ability to obtain safe, decent affordable housing. We know that in order to buy a home, people need education, information and access to affordable financing, and affordable housing options.We believe this is a right, not a privilege. To that end, the Consortium provides information and education regarding credit counseling and the process of purchasing a home to low income and very low income first-time home buyers. In addition, the Consortium administers the Leon County and City of Tallahassee Down Payment Assistance Programs and assists local lenders in making affordable loans by processing, underwriting and packaging these loans. The Tallahassee Lenders’ Consortium ...
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By John Stehmeyer
(Pro Players Realty)
Frequently Asked Questions About the Home Buyer Tax Credit The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult a qualified tax advisor or legal professional about your unique situation. Who is eligible to claim the tax credit? What is the definition of a first-time home buyer? How is the amount of the tax credit determined? Are there any income limits for claiming the tax credit? What is "modified adjusted gross income"? If my modified adjusted gross...
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By John Stehmeyer
(Riverking Custom Painting)
Tallahassee Commercial & Residential Painting Services Tallahassee Painters RiverKingPainting.com   Tallahassee Painting Services, RiverKing Custom Painting, RiverKingPainting.com 3 year written guarantee & 100% satisfaction guarantee, references available RiverKingPainting.com Tallahassee residential painting & staining, interior & exterior RiverKingPainting.com Tallahassee commercial painting interior & exterior RiverKingPainting.com Tallahassee pressure cleaning, soft washing, window cleaning RiverKingPainting.com Tallahassee cabinet painting & refinishing RiverKingPainting.com Tallahassee wallpaper removal & installation, custom trim installation, remodeling RiverKingPainting.com Tallahassee Paint Contractor RiverKingPainting.com Tallahassee Commercial Painting Contractor RiverKingP...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The new Leon County Home Inventory Report is completed and has been posted at The Market Bulletin. Just as we have experienced over the past several months, this month brings more growth in the relative supply of homes in the Tallahassee real estate market. The Leon County Home Inventory Report measures the current months of supply of homes for sale in Tallahassee by measuring the number of homes currently on the market and then by dividing them by the total number of sales over the previous twelve months. This results in what we refer to as the relative supply of homes for sale in Tallahassee. Each quadrant of Leon County is represented individually in the report, showing new home supply, existing home supply, and over home supply in the Tallahassee housing market. The information is ...
Comments 2
By John Stehmeyer
(Riverking Custom Painting)
Sherwin Williams   Wallpapering How-To's   Decorating your home with wallpaper is an exciting way to achieve a wide array of looks: from the charm of country to the drama of contemporary to the warmth of traditional. We can help you through the entire wallcovering process with these easy-to-follow tips and How-To's. Having the right tools available when you need them is essential to success in hanging wallcoverings. Use this checklist to make sure you'll have everything at your fingertips. Wallcovering tools you'll need: •·             Sherwin-Williams Wall Primer •·             Smoother - brush or plastic •·             Cutter - razor blade holder or snap-off type •·             Trim guide - broad knife or triangular version •·             Seam roller - flat and corner styles •·       ...
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By Mike Carlos, Realtor, Tallahassee FL
(Keller Williams Town & Country Realty)
These days I wish I was a first time home buyer.  With the low interest rates, 100% loans available with no mortgage insurance and the $8,000 tax credit... it is such a great time for buyers to take advantage of all of these incentives and get a great deal.  For example, presently there are 18 single family homes for sale between 109k-150k in great neighborhoods in NE & NW neighborhoods.  Combining the 100% financing and seller pais closings costs buyers can still buy a home with little to no money down.  As a matter of fact get paid $8,000 to buy a home.  Doesn't get much better than this...!!!
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Everybody has gone to calling this day the “4th of July,” but as a veteran I will always think of it as what it is. This is the day that we celebrate our Independence. Happy Independence Day Active Rain!…. [click to continue…]
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
I came across a survey of homeowners that I think is very enlightening for many reasons. This Zillow real estate survey (a real estate aggregator and internet portal) asks homeowners what they think of their home value and what its value will be in the future. They also ask what the homeowner thinks about their home in relation to others in the market. Perhaps the greatest thing about the Zillow real estate survey is that we can look at past and current surveys to see the trend of homeowner “consumer confidence” as it is measured using the home as the standard. Not surprisingly, homeowners are much more aware of the depreciation that has occurred in the past two years than they were just last year. But what do they think of their home value versus that of their neighbors?   [click to s...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Have you ever seen something that is so extreme that you think to yourself that you are truly witnessing something remarkable? No, I don’t mean have you seen UFOs flying over the back of your home or Big Foot running through the neighborhood, rather I’m talking about certain market conditions that defy all historic norms and trends. Below is a real estate graph depicting the 365 day trend of daily home sales in Tallahassee going back to 1991. What this means is that each point on the graph represents one full year of sales (divided by 365 days) to generate a non-seasonal daily average. Daily Home Sales In Tallahassee Continue To Decline What this graph shows is that just since December, our daily sales rate has dropped 25%! Ouch. But what if we look at a longer-term view of this same in...
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By John Stehmeyer
(Pro Players Realty)
With this Fourth of July approaching, I thought it was only right to spread knowledge on how to honorably retire your flag. Many will be flying high this weekend and then put away, but many more fly all year round and weather the heat, rain, snow and here in Florida, the Hurricanes at times! Make sure when the time comes to replace Old Glory, that you lay her to rest properly! Have a great and safe holiday weekend! Article originally posted at Military.com We raised our flags September 11, 2001 and flew them proudly. Our flags stand tall as we leave our mark on foreign soil. Each year, Americans across the nation unfurl their flags on Independence Day, Memorial Day, and Flag Day. For some, the Stars and Stripes decorates their porches all year as a daily reminder of what it means to be ...
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By John Stehmeyer
(Riverking Custom Painting)
Tallahassee Interior Design Services Tallahassee Interior Designers RiverKingPainting.com Pick your best Tallahassee colors & textures at RiverKingPainting.com Want to spice up your Tallahassee office & improve morale? RiverKingPainting.com Make your Tallahassee friends green with envy! RiverKingPainting.com Tallahassee Paint Contractor RiverKingPainting.com Tallahassee Commercial Painting Contractor RiverKingPainting.com Tallahassee Residential Painting Contractor RiverKingPainting.com Tallahassee Paint Store RiverKingPainting.com Tallahassee exterior design & improvements RiverKingPainting.com Tallahassee custom trim installation RiverKingPainting.com Tallahassee decorative moldings RiverKingPainting.com Tallahassee office decorating RiverKingPainting.com Tallahassee wallpaper service...
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