Home Supplies Dropping - New Report Available For Download

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Real Estate Agent with Joe Manausa Real Estate 8508880888

 

Tallahassee Home Inventory Report Available For DownloadFor those of you who like to carry a one-page summary of the current supply and demand report for Tallahassee housing, you can download this report from the right sidebar of the Tallahassee Real Estate Blog. It looks like the picture on the right and you only need to click the top link. Every month I post the updated report at this location.

Relative Home Supply Dropping!

As we have discussed often in the past, there exists a glut of homes for sale in Tallahassee. The Home Inventory Reports tell us not only how many homes are available (real home supply), but they also show home availability in terms of months of supply (relative home supply).

Both real and relative home supply dropped again during the month of October by just over 1/2 months of supply. Currently, Tallahassee has 13.7 months of supply of homes (more than double a market at equilibrium).

Buyers’ Market Continues In Tallahassee

This tells us that while still a very strong home buyers’ market, we are seeing improvement in the number of homes for sale in Tallahassee. [click for housing supply and demand graph…]

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Rainmaker
980,544
Edward & Celia Maddox
Solutions Real Estate - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

We agree. Good Article. We learn a lot of new things from Active Rain blogs.

Nov 04, 2009 09:48 AM #1
Rainer
154,608
Ted Tyndall
Davidson Realty Inc. - Saint Augustine, FL
FL Homes for Sale-Palencia, World Golf Village,Nocatee,St. Augustine

Joe, our inventory in St. Augustine is down also.

Nov 04, 2009 09:53 AM #2
Rainer
37,110
Jim & Cathy Wood Greater Nashville Area Real Estate
Crye-Leike Realtors, Inc. - Mount Juliet, TN

Joe-

 

This is good news!

Nov 04, 2009 10:05 AM #3
Rainmaker
782,779
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Hey Ed & Celia, very efficient comment...verbatim what you wrote on previous blogs... I don't think commenting will do much for your business (just for points). Maybe I'm missing something.

Nov 04, 2009 10:10 AM #4
Rainmaker
782,779
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Hey Ted, that's good news. I know Florida has been dealing with glut for over 4 years now, hopefully the rest of the State is doing the same.

Nov 04, 2009 10:11 AM #5
Rainmaker
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Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Indeed, thanks Jim.

Nov 04, 2009 10:11 AM #6
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Rainmaker
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Joe Manausa

Tallahassee Real Estate
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