TIA Passenger Traffic Holds Steady in February

TIA Passenger Traffic Holds Steady in February

The latest passenger numbers for the Tallahassee International Airport (TIA) shows passenger traffic for February of this year was essentially equal to February’s traffic in 2015. The numbers for February, 2016 show a .2% increase in passenger traffic from February, 2015. The number of passengers increased from 50,491 during last February to 50,572 this year. […]

Single-Family Home Resales Hold Steady in February, Prices Trend Downward

Single-Family Home Resales Hold Steady in February, Prices Trend Downward

February numbers for single-family home resales show that the annual-rate of sales is holding steady on Leon County. There were 2,855 single-family units sold over the previous twelve months. As the chart below indicates, resales crossed the 2,800 unit threshold last July and has held steady since that time. As we have previously reported, there have been […]

Leon County Adds 1,800 Jobs in February

Leon County Adds 1,800 Jobs in February

The State of Florida employment reports for February were released today and show that Leon County added 1,800 jobs. The unemployment rate fell to 4.2%. and approximately 142,892 people were working. This positive jobs report follows a positive report on single-family new construction trends in Leon County which can be viewed here.  Last February, Leon County […]

New Home Construction in Leon County Shows Growth, Resiliency

New Home Construction in Leon County Shows Growth, Resiliency

The latest available numbers show that the value of single-family new construction permits issued in January and February of 2016, increased approximately 22% over the value of such permits issued during the same time period in 2015. Last year, in January and February, approximately $16.8 million in permits were issued for 74 single-family new construction projects. […]

Baked Wings and Rabbit Coming to The Market District

Baked Wings and Rabbit Coming to The Market District

The Market District, located in North Tallahassee off of Thomasville Road, is home to well over 150 businesses, most of which are locally owned. Over the next two months, at least three new businesses will be opening their doors with some excited new options. On Market Street, the new location for Island Wings and Vertigo […]

Will Residential Real Estate Continue Momentum into 2016?

Will Residential Real Estate Continue Momentum into 2016?

Over the last three years the resale of residential real estate has been a bright spot in our local economy. Double digit increases in transactions during this period has been the norm. In addition, prices for single-family homes has continued to see modest increases. For example, the average sale price of single-family homes in Leon […]

Airport Traffic Hits a Five-Year Low in January, Continues Slide

Airport Traffic Hits a Five-Year Low in January, Continues Slide

The latest passenger numbers for the Tallahassee International Airport (TIA) show why it is important that local officials continue to aggressively pursue JetBlue. The numbers for January, 2016 show a 5.9% decrease in passenger traffic from January, 2015. The number of passengers decreased from 49,152 during last January to 46,244 this year. You have to […]

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