Finding The Bull In A Bear Market

By
Real Estate Agent with Century 21 Manausa and Associates BK3009719
http://actvra.in/Nys

Home sales in Bull Run are on a bull run!

With 41 homes sold in Bull Run in 2012, it marks the second best year of all times for the number of homes that sold.

Located in the popular NE quadrant of the Tallahassee real estate market, Bull Run seems to be leading the charge towards the recovery.

Bull Run Home Values Stabilize

Currently, there are 16 homes for sale in Bull Run in the Tallahassee MLS, and distressed home sales are not out of control, posting a small decline in 2012.

Home values stayed level in 2012, which is quite extraordinary as most every other neighborhood in Tallahassee is still fighting depreciation.

Bull Run Home Values

It is hard to anticipate home values changes for Bull Run in 2013, as distressed properties for sale are few and new home sales are brisk.

We know there are plenty of distressed properties the shadow inventory around Tallahassee, and this will have an impact on Bull Run. As long as the supply of similar homes nearby does not spike, Bull Run might enjoy another stable year of new home sales.

 

Posted by


Joe Manausa, MBA
Century 21 Manausa & Associates

Subscribe To The Tallahassee Real Estate Newsletter
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate Market Trends
Location:
Florida Leon County Tallahassee Bull Run
Groups:
Market Reports
The Lounge at Active Rain
Realtors®
Posts to Localism
Almost Anything Goes
Tags:
bull run real estate agent
sell bull run house
buy bull run house
bull run home sales
bull run tallahsasee

Comments 4 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the flag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
148,604
Edward Gilmartin
Boston Homes

With the Fed keeping rates low I can not help but think that they are orchestrating a false recovery in the economy and in real estate...The economy and real estat boomed from 1982 through 1987 with double digit intererest rates.

December 28, 2012 05:41 AM
Rainmaker
739,167
Joe Manausa
Tallahassee Real Estate
Century 21 Manausa and Associates

Agreed Edward, that much of the payback will occur when rates are allowed to normalize.

December 28, 2012 05:46 AM
Rainmaker
1,234,530
Charles Stallions
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.
Charles Stallions Real Estate Services

Hopefully the market will and is changing for the better Joe, we shall see.

December 28, 2012 07:55 PM
Rainmaker
739,167
Joe Manausa
Tallahassee Real Estate
Century 21 Manausa and Associates

Amen Charles. Amen. Best wishes for a prosperous 2013.

December 29, 2012 04:26 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the leaf to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
739,167

Joe Manausa

Tallahassee Real Estate
Looking for Tallahassee Real Estate?
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the robot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information