Burns (Dickson, TN)
Burns (Dickson, TN) Real Estate News
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HOME TIP OF THE MONTH
Donna Hudson (Crye-Leike, Realtors)
         
 

Nashville Home Inspection - 1197 Simms Hts Rd., Kingston Springs, TN, 37082

615 573-4468

Providing Peace of Mind, One Home at a Time, Since 1999

 

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Buyer Beware?
Donna Hudson (Crye-Leike, Realtors)

Or is it Seller Beware of today's Buyers? 

The term in real estate before all the disclosures came about years ago was Buyer Beware.  Today I wonder if it has become more of a Seller Beware market.  Sellers have the legal obligation to disclose everything about their property for sale and when in a binding contract, it is the Seller that has to put the effort and funds in to assure their property is closed and on time.  I wonder if Buyers today after putting the minimum amount of earnest money possible down to secure the contract, are still looking for a better house and a better deal!  Many times working more than one offer at a time, accepting one while they are bargaining for another without the agent or Sellers knowledge.  I believe today listing agents show protect their Sellers by requesting a minimum of 10% earnest money.  In most cases 10% would be enough of a risk of loosing their earnest money to cause Buyers to secure one contract and follow through to closing.  I have been so frustrated just this week as a Listing agent to find one Buyer attempting this trick pulling out of a contract to find Oh, I didn't get the house so I want back in this contract.  Should you as the listing agent advise your Seller to allow them back into the contract or not?  Are there any other agents that have experienced this same situation?

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Looking for a Great Place to Live? Visit Dickson County, TN
Donna Hudson (Crye-Leike, Realtors)

Dickson County is a wonderful place to live. Located in Middle Tennessee, Dickson County is a group of small towns with a feel of a large community making a great place to raise a family.  Convenient to Nashville and Franklin, Dickson continues to grow with a population of about 60,000 residents.  Dickson County is the home to six beautiful parks, three golf courses, The Roxy Movie Theater and Broadway Drive in theater.  The Renaissance Center is a state of the art entertaining/educational complex offering an art facility, art gallery, and book store daily, dinner theater, laser light shows and Science Theater. Some of the various classes include mosaics, pottery, drawing, computers, internet surfing, painting, music, dance, acting and photography as well as Austin Peay College off campus classes.  While Dickson has many of the same restaurants of other towns it also has its own unique dining like the Back Porch Restaurant, Farmers Family Restaurant, Tony B's Burgers, Potato Shack, Sisters, Catfish Kitchen, Buddy's and Heavenly Hog, all with their own specialties, locally owned and operated.   Dickson County also brings its rare finds while shopping the downtown area with antique, specialty and gift shops, department, furniture and jewelry stores, a restaurant, and coffee shop. Come on to Dickson for a day full of fun with a real hometown feel. 

To visit Dickson TN located in Dickson County, take I40 West from Nashville, follow to exit 172, turn right off the exit ramp and follow Hwy 46 to start your day and great time.   For more information about Dickson County TN go to http://www.dicksoncountychamber.com/dickson.aspx.

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Greater Nashville Tennessee Market Report January 2011
Donna Hudson (Crye-Leike, Realtors)

January 2011 Greater Nashville Tennessee Market Report

Including Dickson & Williamson Counties

January 2011 home sales in Greater Nashville TN area were up in comparison to January 2010.

GNAR market report for January 2011 released last week for Greater Nashville TN area is quoted below:

"The Greater Nashville TN area saw 1,101 homes sold in January 2011, resulting in a 6.6 percent increase compared to the 1,033 closings reported in January of 2010, sparking a sign of optimism in the region's housing market. Median price for single-family homes also showed an increase compared to January 2010.  The median price of a single-family residence was $165,500 in January 2011 compared to $159,000 last January.  Condominiums saw a decrease in median price for January 2011 at $131,500.  By comparison, the median price for a condominium it was $154,550 in January 2010. "

Greater Nashville TN report includes Nashville and surrounding counties that also include Williamson and Dickson counties in Middle Tennessee.

 Williamson County single-family homes sales are up 9% compared to last year with 140 units closed in Jan 2011 and 111 homes in 2010.   Median price for Jan 2011 is up at $402,154 compared to $366,255 in Jan 2010. 

Dickson County single-family homes sales are down 12% with 28 single-family homes sold in Jan 2010 compared to 25 sold in Jan 2011.  Median prices have dropped 18% with the median price at $105,132 in Jan 2011 compared to $128,713 in Jan 2010.

Dickson, TN Real Estate Professionals
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