Tallahassee, FL Real Estate News

By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Have you ever wondered why two separate bloggers, both with excellent writing skills and subject matter expertise, can end up with completely different blogs? While both might be excellent reads, one can end up with a very large following of commenting-crazy readers, while the other struggles to get visitors to the blog at all. What Causes People To Traffic Your Real Estate Blog Content is King, do doubt about it. But if nobody knows that the content exists, then perhaps something else is important too! Real Estate Blogs Must Be Marketed To Maximize Exposure Just like marketing homes in real estate allows real estate professionals to reach out to prospective buyers and sellers, marketing our blogs allow us Rainers to reach out to real estate blog-seeking consumers. One Simple Way To Mar...
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By Carol Palacios
(Century 21 Manausa & Associates)
Details Photo Gallery View Rooms 32312-Tallahassee (Millstone Plantation) MLS #187543 FOR SALE$869,900 Century 21 First Realty Joe Manausa - Tallahassee Real EstateEmail Joe Manausa - Work: 850-386-2001Cell: 850-523-6178Fax: 850-383-6400 More Photos(11) ScaledImage Quick Links Virtual Tour Request More Info Email Listing More Photos(11) Details Address: 2610 Millstone Plantation Type: Residential Style: Single Story Bedrooms: 4 Bathrooms: 4 Suite: No Living Area: 4,156 square feet Year Built: 2002 More Details Description Beautiful Southern Plantation! Best value on acreage home in NE- $100,000 below appraisal! Extensive molding, gorgeous hardwood flooring & space to roam. Office & bonus room. Screened pool expands the entertaining area.More Description Brokered and Advertised by Centu...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Are You A Real Estate Professional With An Opinion On Your Local Market? All you have to do is write a blog about your real estate market and submit your blog to the Real Estate Market Reports Blog Carnival. This will be published every week on Monday and will feature well written market reports by real estate bloggers from all over the world. You can submit as many entries as you like and as many blogs as you like. What are the benefits of submitting to the Real Estate Reports Blog Carnival? Get Your Message Out to another market Increase your name brand Develop links back to your blog Increase SEO and traffic This weeks Carnival will be hosted at the Real Estate Market Reports Web Site. Additionally, if you would like to host the Real Estate Market Reports Blog Carnival, just let us k...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Here is a housing inventory report, hot off the press for the Tallahassee housing market. The statistics are starting to point out that inventory levels seem to be falling for the first time in many years.This graph demonstrates the thirty day trend of housing inventory in Tallahassee. As we can see, the trend has been getting better and better during the entire measured period (Century 21 First Realty began measuing inventory trends in 2008). Are You A Real Estate Professional With An Opinion On Your Local Market? All you have to do is write a blog about your real estate market and submit your blog to the Real Estate Market Reports Blog Carnival. This will be published every week on Monday and will feature well written market reports by real estate bloggers from all over the world. You...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
I always like to get questions from readers and I use these questions to guide the content of the Tallahassee Real Estate Blog. Yesterday I received a comment from a reader, “L. Blake,” who asked the kind of question that makes for a great blog article. L. Blake wrote: “Thanks for all your hard work on the blogs and updates. Re the blog that showed 37% long term/47% short term of homes were sold in Tallahassee, it would be great material for another blog to see: 1. how many of those sales were used homes 2. how many of those sales of used homes were SF detached 3. how long those houses were on the market Thanks.” I will be able to answer questions number 1. and number 2., but will not be addressing number 3. Number 3. is not a measurement that can be determined due to insufficient and c...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
I decided to take a closer look at our daily real estate inventory analysis to see if I could find a trend that would make us smile a little in the Tallahassee real estate market, and I think I’ve found one that will excite even the loudest bear in the market. Finding Out The Ratio Of Homes Selling What if we tracked, over a long period of time, the daily number of homes sold in the real estate market and compared it with the number of homes coming onto the market. For example, if today 20 homes were listed “For Sale” in the MLS and 10 homes “Sold” today, we could say that for the very-very-very short-term, 50% of the homes sold. And if we tracked these figures over time, we could start to draw observations that would become increasingly more accurate as more time was evaluated. So that...
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By Eva Armstrong, Environmental Visions
(Environmental Visions)
 As funny as this sounds, Florida was indeed fortunate to have been developed by a railroad tycoon by the name of Henry Flagler.  He decided early in the state's history to take advantage of the federal government's largesse (free land to railroad companies to build their tracks on) and he built a series of railroads across Florida and all the way to Key West!  Back then, those tracks served to move people, lumber and supplies across a wild and difficult land filled with - literally - indians, alligators, and BIG mosquitoes (according to surveyor's field notes from the 1800's).                                                                                                                       Today, those same railroad beds serve different modes of transportation, but transporting peop...
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By Angie Goodman
(Keller Williams Realty)
I met with an individual at our senior center today that is wanting to change the living arrangements for our older population. She would like to be able to build a cottage on her property to house her parents with an upstairs space for a live in caregiver. Problem is our zoning. When I inquired about doing so through the "granny flat" legislation, she informed me it has to be an attached addition, cannot be detached. She's unable to build the cottage because of land use, zoning restrictions. What? I thought the granny flats were to help our parents and grandparents. Anyway, while it's a slow process changing city hall and of course there are concerns about housing here, because of the possibility of additional areas being overtaken by students (being as we have 2 universities and a com...
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By Chris & Renee Chaback, BSBI Partners bsbipartners.com
(Keller Williams Realty)
Hi All, I was looking at some numbers the other day, and decided to see how July 2008 compared to July '07.  All the following information is for Single Family Residential Homes in the NE, NW, SE, and SW of Tallahassee and Leon County Florida. First lets look at all of Tallahssee and Leon County for the first seven Months of 2008. Market Statistics All MLS Statistics for: Class=RS,MF,CO,LL,RN AND Type=DET AND Date Range=01/01/2008-08/31/2008 AND Area=01,02,03,04 AND Board=-1; As Of: 8/6/2008   Class Bedrooms Current Active Avg List Price Avg DOM All All 2,197 $304,576 136 RS All 2,197 $304,576 136   Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired All All 3,342 1,220 36.51% $2...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The MLS is chock full of information that Realtors should be tracking. We can tell what the market is doing, what is has done, and what it most likely will do in the future by paying attention to two main pieces of information: Properties coming on to the market Properties leaving the market Inventory trends are so important that I track trends in the Tallahassee real estate market twice per week and post it on our Tallahassee Real Estate Web Site. Now that another month has passed, it’s time for another update of our housing inventory in the Tallahassee Board of Realtors Multiple Listing Service (MLS) which covers homes in Leon County, Wakulla County, Gadsden County, Jefferson County, Franklin County and a category referred to as “Other Counties.” Updated MLS Information The purple lin...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Fannie Mae and Freddie Mac had a good day yesterday, did you? Overall, I think Tallahassee had a good day with this bill being signed by President Bush yesterday. Tallahassee is a town that historically is very active in loans guaranteed by Fannie Mae and Freddie Mac (government loans) so the fact the financial reinforcement has been provided means that Tallahassee home buyers will have their “normal” sources of mortgage funds. Now, back to Fannie and Freddie, it seems they got much of what they asked for, and a few things they did not: $300B (B as in Billion) to expand the Federal Housing Administration (FHA) loan guarantee programs (yeah) A 1-year moratorium on “risk based” pricing (boo) A $7,500 tax credit for first-time home buyers (requiring a repayment schedule of 15 years) (yeah ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Too often, we work with people who want to buy a home in Tallahassee who do not understand the importance of being a strong buyer. They believe that due to the nature of the market, they have thousands of homes from which to choose so they can just go out and “shop.” But that is not the case in the Tallahassee real estate market. As a matter of fact, that has never been the case in just about any real estate market. You see, the inventory of homes for sale in Tallahassee is quite large, but it can be divided into three basic groups: Homes for Sale In Tallahassee - Ready Sellers Ready to move now Priced below the competition Experienced real estate professionals handling their sale Homes for Sale in Tallahassee - Serious Sellers Want to move now Priced with the competition Experienced re...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Have you ever been driving around a neighborhood and seen a home for sale that really piqued your curiosity? Most likely you called the real estate brokerage office and asked to see the property, only to be asked to come to the office. The office might even be on the opposite side of town! This scenario happens all to often in our Century 21 in Tallahassee (Century 21 First Realty). You might wonder why most real estate professionals will refuse to meet you at the home, rather they insist on you coming to the office for the first meeting. You might be surprised to find out that there are several very important reasons why this first meeting should occur in the real estate brokerage office. The Seller’s Home Is Not A Meeting Place - I believe it is important to respect the privacy of the...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Once a month, I receive my data for all the recorded sales in Leon County. This complete data set is roughly 50% larger than the sales data from the Tallahassee Board of Realtors Multiple Listing Service (MLS), and thus it gives us a better perspective of the entire Tallahassee real estate market than just the MLS reports. Fortunately, you can visit our Tallahassee Market Bulletin more than just once per month, as we update the information there at least twice per week. The Tallahassee Market Bulletin can be viewed any time and is located at http://www.manausa.com/market.php. Also, you might have noticed the three buttons that are in the footer of each blog post. You can access market reports directly by clicking any or all of these buttons. The Tallahassee Real Estate Market Report for...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Today’s blog is going to be an update on the inventory of homes in the Tallahassee real estate market. I want to remind the readers that this information can be found, updated twice per week,  on our Tallahassee Real Estate Web site at http://www.manausa.com/market.php. The key to figuring out the market is understanding the cycles that we must endure. From the graphic below, we can see that we spent the past two years stuck between Point A and Point B. Prices have risen and we were seeing our inventory grow. This was in part due to over-building, but primarily due to the slowing actions of the Buyers. Buyers no longer saw great value in the prices of Tallahassee homes. The reason that we track inventory movement on the Market Bulletin is so that we can get an early warning for any shif...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
As I get ready to make my annual trip to West Point, I find myself checking the Tallahassee Board of Realtors Multiple Listing Service (MLS) to find out what is for sale in the Tallahassee real estate market. The good news is that inventory has made a modest decline in the past few weeks. When I look at homes for sale in Tallahassee (single family detached homes, condos and townhouses), I find that the total inventory of homes on the market in Tallahassee has dropped to 3,217 homes. Here is how that breaks down: Homes For Sale In Tallahassee 322 new construction, single family detached homes 1,845 resale, single family detached homes 334 new construction condos and townhouses 716 resale condos and townhouses 3,217 housing units for sale in Tallahassee Of course I’m curious about pricing...
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By Eva Armstrong, Environmental Visions
(Environmental Visions)
 AR Friends, you are going to LOVE this!!!  Watch the short video below to learn about a process that combines:    water + landfill waste (anything and everything in it)       applies pressure - and the end result is     gas to power the plant and diesel to power motor vehicles!!!   No joke!!! check it out!   How perfect is that!   A dream come true!   We can eliminate, or come close, the need for landfills (Hallelujah!) and produce an alternative fuel source at the same time...! WOW! http://www.youtube.com/watch?v=CWf9nYbm3ac I love our brains!
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Do you want to live on your own 3 to 5 acre homesite, in a new home, at an affordable price, but still have easy access to town? This is what everyone has been asking for. Just off I-10 at Hwy 59, you’ll find new 3 & 4 bedroom homes at Heritage Hills offering quiet, country living and a place to enjoy peaceful solitude.   After a hectic day at the office in town, doesn’t this sound refreshing? This new neighborhood is an exceptional buying opportunity. So many new neighborhoods are being built upon small lots, why not get your piece of the American Dream while the opportunity still exists? With many models to choose from each on three acres of land, you can be sure you’ll find just what you’ve been looking for! You can also purchase your own homesite here and build when you’re ready.   ...
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