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2020 Q3 Home Sales Report

When looking forward to 2020 and preparing my initial forecast, I did not anticipate a pandemic sweeping the globe.

On the other hand, I also did not expect mortgage interest rates to reach historical lows and drop below 3%.

So how is the market faring in 2020, with strong opposing forces creating so much chaos?

Actually, the results are surprising. Find out why in this week’s one-page special report.

Can Home Builders Restore Market Balance?

A recurring theme in our weekly special housing reports is that the inventory of homes for sale is too low for the current rate of demand.

Low mortgage interest rates have whipped buyers into a frenzy, but the lack of properties available has stopped this market from achieving new highs and in fact, has slowed home sales down from 2019.

It appears as if the home builders in Tallahassee have received the news as the construction of new units is growing. Take a look at how much new home construction has grown since last year in this week’s one-page special report.

Tallahassee Home Seller Checklist

The #1 thing that is going to impact how much you sell your home for, is if buyers see your home as the “best buy on the block” when you go on the market. Why?

Because buyers shop based on comparison. So that you know what you should be doing to prepare your home, we’re making our ​Tallahassee​ Home Seller Checklist available as a FREE PDF Download.

This is the same checklist we use to prepare OUR CLIENTS HOMES’ to sell. It’s a list of our ​Top 9 Fixups​ that you can get done in a couple of weekends and for just a few hundred bucks.

To get your free copy of the checklist, click on the button below to immediately download the checklist.

It’s yours free to use. This checklist will cover the basics of “what we know that makes a difference for your home selling price” here in Tallahassee.

Don’t waste time or money on things that won’t matter.

August Year Over Year Home Sales Fall

Year over year home sales fell nearly 10% in August, registering the fourth month of declines in the past five months.

In years past, if we saw a continuous decline like we’re experiencing now, we were able to clearly show that the demand for homes was dropping.

But that is not the case in 2020.

CLICK HERE to discover what’s going on in this week’s one-page special report.

A Median Home Price Report On Steroids!

The graph in today’s report has the four quadrants of the Tallahassee real estate market segmented by quartiles.

Think of it as a median home price report on steroids!

Instead of getting two segments of the housing market (high and low) from a study of median home prices, we now get four. This segmentation tells us so much more about home sales and home affordability than we can find from a study of the median home price. Find out more in this week’s one-page special report.

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