Hello world!

This week’s edition shines a spotlight on the “rate lock-in” phenomenon that’s freezing many families in place. Using a real-world move-up scenario—from a 2021 starter home to today’s larger family home—we visualize just how sharply monthly costs can change when prices climb and mortgage rates double.

You’ll see the numbers side-by-side: equity gained, new loan size, and the eye-opening jump in principal, interest, taxes, and insurance. If you’ve wondered why demand feels pent-up even as households grow, the graphic inside tells the story.

Dive in to explore the dilemma confronting would-be move-up buyers across the market.

This week’s one-page market brief spotlights a trend that’s quietly reshaping Tallahassee prices. A single graph reveals how much extra buyers are paying for brand-new homes—and how that premium is tugging resale values higher.

Inside you’ll see:

• A clear picture of new-versus-existing prices (the gap may surprise you)
• A quick timeline showing how fast costs accelerated after 2012
• The hidden delays that keep building costs—and final sale prices—elevated
• One action local leaders must tackle before affordability slips further away

Take two minutes to scan the brief below.

Tallahassee and Leon County leaders face a defining choice: continue ignoring the home affordability crisis and watch our homeownership rate collapse, or take bold action to fix it.

This week’s one-page special housing report paints a telling picture of what’s gone wrong with affordable housing in Tallahassee.

You can READ IT HERE.

Tallahassee just posted the fewest home sales through April in more than a decade. Demand is clearly falling—but what effect is it having on prices?

This week’s one-page housing report explores the relationship between shrinking demand and current home values. The data tells a story that might surprise you.

📉 Demand is down
❓ What’s happening to prices
📊 One clear graph reveals the answer

Don’t rely on national headlines. See what the numbers are saying in your own backyard.

Happy Memorial Day!

Today we pause from market charts and mortgage talk to honor the brave men and women who gave everything in service to our country. Their sacrifice secures the freedoms that allow us to pursue our dreams—whether that’s owning a home, building a business, or simply gathering with loved ones under a peaceful sky.

As a U.S. Army veteran, this day holds special meaning for me. I’m deeply grateful for those who never made it home and for the families who carry their legacy forward. Please join me in remembering their courage and in supporting the service members who stand watch today.

Wishing you a safe, meaningful Memorial Day.

— Joe Manausa & the team at Xcellence Realty