The Tallahassee real estate market has been somewhat insulated from the general housing decline that has affected much of the real estate market across the United States of America. Part of the reason that the real estate market in Tallahassee has been protected is because Tallahassee is the capital of the State of Florida, in addition to being the county seat and only incorporated municipality in Leon County. Tallahassee has been the capital of Florida since 1824.
Part of the protection of the Tallahassee real estate market is due to the fact that Tallahassee is one of the most prominent college cities in Florida. It is home to several prominent colleges and universities, such as Florida A&M and Florida State University.
While this may not appear to play a large role in the Tallahassee real estate market, the presence of these colleges means that there is a relatively stable base line of individuals who will enter the area housing market either because they wish to move off campus while attending these institutions, or because they find nearby jobs after they graduate and seek to remain in the area so that they can continue the lives they established while in school.
The Tallahassee real estate market is also helped by the fact that the city serves as a regional center for trade and agriculture throughout the panhandle. It is also helped by the fact that it is somewhat protected from the hurricanes which affect many other parts of the state.
