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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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Tallahassee's only Net Zero Community just celebrated it's this past week with a social event. The event was catered by Piggy's BBQ from here in Tallahassee and was a great event, even though we had to battle the rain! Cortona Hills has rolling hills and is surrounded by conservation easements.  This quiet neighborhood is completely focused on being Tallahassee's premier environmentally conscience community. Thirty, .5 acre more/less, lots are available with walk-out basements a possibility with each.  All care is being taken to preserve the environment during construction with efforts to protect trees and the many wildlife that roam the area.   Cortona Hills will not be the place to live for everyone, but for those Eco-minded and desirous of the epitome in green living.   Solar panel s...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 912 Crossway Road, Tallahassee, FL 3BR/2BA Single Family House offered at $75,000 Year Built 1998 Sq Footage 1,061 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Uncovered spaces Lot Size .17 acres HOA/Maint $0 per month DESCRIPTION SHORT SALE! All offers contingent on lien holder approval. MUST have 24 hour notice to show. LB on Spicket near front door. Other # for tenant: 850.536.7629. Tenant can vacate with 60 day notice. Leased at $950/month until11/30/2010. Disclosures unavailable- has always been rental property. in overall good condition, needing minor cosmetic repair (paint, carpet cleaning). On large corner lot! see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Living room - Dining room ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Real estate professionals are pondering the same question from coast to coast, trying to figure out how much of the market improvement has been impacted by the soon-ending Homebuyer Tax Credit. Bill Fulton from Orlando writes: To what extent do you think the end of the tax credit will effect the recent uptick in the real estate market. Down here in Orlando, March sales were up 5% over February and 40% over March 2009. Prices have ticked up 12% from January. Two thirds of the transactions were short sales and foreclosures.  The hidden positive I believe is the sudden influx of foreign buyers. I think investors may feel that we are now coming off the true bottom. As we have mentioned numerous times in the past, the tax credit is coming to an end this summer, with closings that must occur ...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
  I’ve been doing a whole lot of reading this week, scouring the internet for any signs of change in the Homebuyer Income Tax Credit and have not seen anything that appears to be relevant. Many of our buyers want to know our opinion on whether the income tax credit will be extended, and thus far and have to stick with my earlier opinion that it will not be extended. Just to reiterate and clarify the significance of the tax credit, buyers might be eligible for up to $8,000 of income tax credit immediately if they purchase a home that meets these two simple criteria: The purchase must close no later than June 30, 2010 The purchase agreement must be executed no later than April 30, 2010 So, in a nutshell, the income tax credit will be coming to an end in 3 weeks for people looking to buy a...
Comments 2
By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 616 South Ride, Tallahassee, FL 4BR/3+1BA Single Family House offered at $290,000 Year Built 1952 Sq Footage 2,608 Bedrooms 4 Bathrooms 3 full, 1 partial Floors 1 Parking 2 Car garage Lot Size 39,204 sqft HOA/Maint $0 per month DESCRIPTION Pristine Tallahassee home with original hardwood flooring and cedar paneling. TONS of storage space. Breezeway connects house to 2-car garage and RV storage area. Master suite has his/her bathrooms. Lots of space and yard for the money INSIDE capital circle. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - Hardwood floor - Family room - Living room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Balcony, Deck, or Patio - Yard ADDITIONAL P...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The internet has had a profound effect on the way consumers buy products, and this has definitely reached the real estate market. The recent survey compiled by the National Association of REALTORS showed that 94% of home buyers used the internet during the purchase of their home indicates that anybody who is trying to sell their home must not only be on the internet, but must also know WHO they are seeking as well as WHEN and WHERE to be waiting for this new generation of home buyer. Knowing Which Home Buyers To Target Any real estate company that has amassed millions of visitors to their web site can tell you that the traffic metrics are loaded with vitally important information for somebody who wants to sell a home. Key demographic information can be collected to help determine WHO is...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 2419 Ryan Place, Tallahassee, FL 2BR/2+1BA Single Family House offered at $135,000 Year Built 1980 Sq Footage 1,364 Bedrooms 2 Bathrooms 2 full, 1 partial Floors 2 Parking None Lot Size .05 acres HOA/Maint $0 per month DESCRIPTION Tranquil setting with the convenience of in town living, at a price you cannot pass up. This cul-de-sac townhouse boasts an updated first floor, large back yard with privacy fence and spacious upstairs bedrooms, each with its own bath. MUST SEE. Call Owner to show. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - Hardwood floor - Tile floor - Family room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1Ph...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Home sellers have been making a consistent mistake for all the years that I have been in the real estate business. I suspect that this shocking error in approach to selling a home has been around as long as there have been homes, home sellers, and real estate agents. Of course, I’m referring to the method that they use to select the real estate company they will hire to sell their home. A recent survey of home sellers by “Texas Realtor” (and made known to me by Bill Cherry in Dallas, Texas) was performed in an attempt to determine how current home sellers selected their real estate agent. The results are similar to many other surveys that I have seen, yet they are shocking: 62% of home sellers only interviewed one agent before listing their home. 19% of home sellers talked to three agen...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
The National Association of REALTORS® released its pending home sales report today. Pending home sales rose in February, potentially signaling a second surge of home sales in response to the home buyer tax credit, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contracts signed in February, rose 8.2 percent to 97.6 from a downwardly revised 90.2 in January, and remains 17.3 percent above February 2009 when it was 83.2. The data reflects contracts and not closings, which usually occur with a lag time of one or two months. Lawrence Yun, NAR chief economist, says the improvement is another hopeful sign. “The rise in buyer contact activity may signal the early stages of a second surge of home sales this spring. The healt...
Comments 8
By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
By tracking closings in the Tallahassee MLS on a daily basis, we can normally spot trends just as they are beginning to happen. When we look at the graph above, we can see a recent spike in the number of daily closed home sales in Leon County. There is much speculation that the Homebuyer Tax Credit is helping boost sales, and we will have to see what happens when that opportunity goes away (buyers must be under contract no later than April 30, 2010 and closed no later than June 30, 2010 in order to qualify for the credit). What is the First-Time Homebuyer Tax Credit? This tax credit is a dollar-for-dollar reduction in  what the taxpayer owes in income taxes. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before June 30, 2010 and the taxpayer mu...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
One statistic that we have been maintaining at The Market Bulletin is a measurement that we refer to as the “Home Sales Success Rate.” Currently, the one-year trend is at a two-year high! By dividing the total number of closed sales by the total number of new listings, over a specific time period, we can show a trend that gives a hint at how many homes (as a percentage of the total) are actually selling. We are more curious about the direction of this trend as opposed to its absolute value because we know it does not track the history of homes being sold against their specific listings. The graph above shows: 1 Year Trend: 48% of homes are selling 9 Month Trend: 50% of homes are selling. 6 Month Trend: 47% of homes are selling. 3 Month Trend: 38% of homes are selling. So, in simplified ...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 3250 Carollton, Tallahassee, FL 3BR/2+1BA Single Family House offered at $219,900 Year Built 2004 Sq Footage 1,767 Bedrooms 3 Bathrooms 2 full, 1 partial Floors 2 Parking 2 Car garage Lot Size .15 acres HOA/Maint $0 per month DESCRIPTION SHORT SALE! All offers contingent on lien holder approval. Ready for immediate occupancy! Beautiful home with gleaming hardwood floors in foyer, hall, dining room and family room.Kitchen has plenty of cabinets and corian counter top space. Master Suite downstairs. Walk in attic storage 11x13. Detached 2 car garage. Walking distance to golf course, pools, tennis courts, parkks, and community center. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Hardwood floor - Tile floo...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
A quick look at Tallahassee homes for sale by price range in Leon County shows that some of the market is improving, while other parts are seeing inventory levels start to pile up. After seeing the short-term housing inventory move from consumption to growth last month, it is wise to take a quick look at the long-term housing inventory trends. The graph above is a bit busy, but it contains quite a lot of useful information for prospective sellers of Tallahassee homes and home buyers alike. The graph shows the amount of supply of Tallahassee homes for sale in each price range in the Tallahassee housing market. If you have a home to sell, you can get a quick idea of how much competition that you will be facing when you look above and find your price range. For example, Tallahassee homes p...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
By closely monitoring the short term housing inventory trends in the Tallahassee housing market, we see evidence that the number of homes for sale has started to grow again, as home sellers begin to enter the spring selling season. What this means is that over the past 30 days, more homes have entered the market than have departed. Real estate inventory levels have risen. The short term inventory trends help identify current seasonal changes, if any. The graph above shows new inventory in red, departing (homes that sold, expired, canceled, etc.) in green, and the difference is shown in yellow. When the red is higher than the green, we see short term inventory trends grow, while when all we see is green, housing levels fall. Right now, the pattern is showing seasonal growth. This is cons...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 3121 Huttersfield Cir, Tallahassee, FL 3BR/2BA Single Family House offered at $110,000 Year Built 1990 Sq Footage 1,008 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking None Lot Size 0.15 acres HOA/Maint $0 per month DESCRIPTION SHORT SALE! All offers contingent on lien holder approval of a short sale. Home with tons of potential, large yard and Patio for entertaining. High vaulted ceilings in the living Room, rocking chair front porch, pergo flooring throughout. Very little cosmetic work needed- otherwise, move in ready see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Living room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Washer - Dryer - Balcony, Deck, or Patio - Yard ADDITIONAL PHOT...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Lease Purchase Agreements continue to grow in popularity as a solution for home sellers because it increases the pool of potential home buyers for their property. As with any type of creative financing for home buyers, an agreement which allows a buyer to rent for a period of time before buying the property makes it more appealing to those who either have damaged credit or perhaps a home of their own to sell. We have written numerous posts explaining the benefits of using a lease purchase contract for selling real estate and for buying real estate, but this weekend we received a question from “LC” who writes: As a seller, if I sell my home through a lease-purchase, what impact will this have on my ability to qualify for a mortgage on a new home during the lease term? This is a great que...
Comments 78
By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
This week has been a lot of work on “maintenance” at the Tallahassee Real Estate Blog. Our new #3 ranking on Technorati (up another spot since yesterday) is not an accident, we have been publishing a lot of great real estate content that is getting noticed outside of just Tallahassee. Part of our marketing plan is to better reach internet consumers, even ones who do not live in Tallahassee. Many of our home buyers (and even home sellers) do not live in Tallahassee, so for us to broaden our reach with consumers, we must break out of the tight shell of just a local and regional reach. In that light, we have been measuring everything that we do here in the hopes of determining how we are generating real estate blog traffic as well as what our new visitors found that brought them to our sit...
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By Joe Manausa - Tallahassee, FL, Tallahassee Real Estate
(Joe Manausa Real Estate)
Technorati has noticed. With our massive site change at the end of December, the Tallahassee Real Estate Blog fell “off the grid” for a while. Our google rankings dipped a little, and Technorati real estate blog rank dropped out of the top 100. But not any longer! The Tallahassee Real Estate Blog has moved to #4 on the Technorati Real Estate Blog ratings. This is our highest ranking thus far, but we don’t want to rule out #1! For those readers who have not heard of Technorati, it is an Internet search engine used by millions of people for searching blogs. By June 2008, Technorati was indexing nearly 113 million blogs and over 250 million pieces of tagged social media. This is an immense amount of content and to be ranked among the top 4 blogs in the real estate category is great recogni...
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By Carol Palacios
(Century 21 Manausa & Associates)
Joe Manausa | Century 21 First Realty | 850.523.6118 6613 Weeping Willow Way, Tallahassee, FL 4BR/2+1BA Single Family House offered at $255,500 Year Built 1985 Sq Footage 2,038 Bedrooms 4 Bathrooms 2 full, 1 partial Floors 1 Parking 2 Car garage Lot Size 2.95 acres HOA/Maint $0 per month DESCRIPTION This 4 bedroom, 2.5 bath home is truly move in ready. The home sits on approx. 3 acres and includes a detached 320 Sq/ft workshop/storage shed. Upgrades include a new roof in 2008 & new A/C in 2007 Please call Bill Peck @ 566 2754 with any questions see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - Living room - Dining room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Washer - Dryer - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1Ph...
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