Tallahassee Short Sales

Posted on May 2, 2013 Written by Leave a Comment

After seeing positive movement for home values in yesterday’s Tallahassee Real Estate Report, I had a reader ask me about the current trend for Tallahassee short sales and how they might affect the market moving forward.

I would think that a decline in Tallahassee short sales could be a sign that we have reached (or are closely approaching) the peak of the distressed property liquidation, while the opposite could suggest that continued pressure on home values remains the trend.

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Filed Under: Distressed Property, Housing Market Conditions Tagged: , , , , ,

Distressed Homes In Tallahassee On Weakening Trend

Posted on April 22, 2013 Written by Leave a Comment

As we approach the end of April, it appears as if a new trend is forming for distressed homes in Tallahassee.

We use the term “distressed” when we refer to properties where the homes are being sold under “other than normal” conditions, such as short sales, foreclosures, and bank owned properties.

Currently, there are still hundreds of distressed homes for sale in Tallahassee and recent foreclosure activity suggests we should expect a lot more coming into the Tallahassee real estate market.

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