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Mt. Juliet new Home Sales weaker in 2009 - 04/28/09 07:07 AM
After several years of 500 Homes plus per year, New Home Sales in Wilson County Tennessee have fallen considerably. In 2008 Mt. Juliet New Home Sales fell by over 25% to just 384 units. This Mt. Juliet is on a pace to add just about 1/2 of that. Builders in Providence, Del Webb and other Mt. Juliet new home communities are cutting their home starts and trimming many amenities to build less expensive homes. As a result the price of a new home in Mt. Juliet is down by about 13%. Meanwhile existing home sales in Lebanon, Mt. Juliet, Old Hickory and (0 comments)
As prdicted by the Nashville area Appointments posted here earlier this month, the Nashville home sales showed a rebound for March. Primarily driven by First Time Buyers and Bargain Hunters. The First time buyers are taking advantage of the up to $8,000 Tax Rebates and 5% Interest Rate, the Bargain Hunters are looking for foreclosure properties in Nashville Read the full article at www.NashvilleRealEstateTalk.com (0 comments)
Nashville's largest Realtor, Crye-Leike Realtors, Inc. reported Nashville area homes have begun to show again. Stretching back to August of 2008 monthly home showings in the Nashville area had fallen at first below 3,000 showings and then to just barely 2300 in December. ‘These numbers are going to make a lot of Nashville area home sellers very happy" said Crye-Leike's Cathy Wood. Cathy went on to share three reasons for this rebound in Nashville home showings. First- The Governments new Tax Rebate program for first time buyers. "$8,000 is a lot of money to first time buyer and with the new THDA rules, many Nashville area (0 comments)
See the rest of this Post at: www.NashvilleRealEstateTalk.com (0 comments)
Contingency offers on Nashville area Foreclosure and Short Sale Homes - 04/06/09 03:07 PM
This Morning one of my Clients looking at Foreclosures and Short sale homes in the Nashville Market asked, "Do Sellers accept an offer contingent on my home selling?" In the current N Real Estate Market, private sellers are happy to take offers contingent on the sale of the buyers home. With a large inventory of homes on the market, sellers feel that a contingency offer is an offer and shows that someone feels their home has value and is priced right. Nashville area home sellers will usually reserve the right to continue to market their home though. If they receive another, non-conditional, offer, they may (0 comments)
Reality comes to the Wilson County Real Estate Market - 04/01/09 10:03 AM
People have been asking me about the Nashville and Wilson County Real Estate Markets every day. From the bank Tellers at First Tennessee in Mt. Juliet to my Doctor at West Wilson Family Practice. "How is your business?" they ask me, knowing I'm a Wilson County Realtor. My standard answer has been "It's okay, but it could be better". But last week two events crystallized the impact of the Housing Bubble Bursting here in the Nashville Real Estate Market. On Tuesday in a conversation with a Mortgage Broker In Lebanon TN, he told me that his biggest problem right now in (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.