Franklin TN Fall Scene

Downtown Franklin, where the homes are historic, and the trees line the sidewalks, this is a typical Fall morning.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Green Hills, and all of Middle Tennessee

Green Hills Estate Homes – Market Report for October

Green Hills Estate Homes- The month of October showed that 7 Luxury homes sold in Green Hills for over $1,000,000. With 77 properties currently listed, you still have a good selection of quality estate homes available. As you can see by the report, buyers have made the most of this market by negotiating great deal. The average estate home sold in Green Hills in the month of October sold for 91.5 percent of the list price.

Click on this link to search for Green Hills Luxury Homes

Franklin Sewer Assessment Districts

Franklin Sewer Assessment Districts – The city of Franklin has implemented new policies and procedures for homes that are currently on septic tanks, but have access to Franklin City Sewer lines.

The following information was gathered by the Williamson county association of realtors. Click here for more on Franklin Sewer assessments.

A Sewer Assessment District allows property owners within the defined area to reimburse the city over time, usually 20 years, for all expenses related to extending the sanitary sewer line.  The portion of the assessment allocated to individual property owners is based on each property’s appraised value, with all property owners paying their portion of the total project cost.  Payment of the assessment is the responsibility of the current property owner.  Remaining balances are not transferable and must be satisfied before the property can be sold.

The last part of the paragraph is the one that gets my attention. If you have Franklin real estate that you want to sell or buy, and it’s on a septic tank, you need to know if the special assessment applies. If it does, the homeowner will have to pay it before it can be sold.

Click here to search for Franklin real estate, or Franklin homes for sale.

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Nashville Real Estate Sales for September

Nashville real estate – 1,935 home sales were reported for the month of September, according to the Greater Nashville Association of REALTORS®.  Nashville real estate sales in 2008 were  2,075 closings reported for September.

Nashville real estate pending sales were 2,120, compared with 2,001 pending sales at this time last year.  The average number of days on the market for a single-family homes in Nashville was 86 days, compared with 79 days for September 2008.

The median residential price for a single-family home during September was $160,000, and for a condominium it was $142,500.  This compares with last year’s median residential and condominium prices of $168,900 and $148,500, respectively.

Nashville real estate inventory at the end of September was 23,975, down from 24,270 in September 2008.

Brentwood Tn Real Estate Sales for September

Brentwood Tn Real Estate Sale For September were as follows.

Number of Brentwood homes sold was 41

Average price of Brentwood homes sold was $618,516

Average days on market for sold Brentwood real estate was 118

To search for Brentwood tn Real Estate, click on the button.

Green Hills August Home Sales

Green Hill Homes – Sales of homes in Green Hills are still a little slower than usual in the month of August . with 14 closings. average price of homes sold in Green hills for August of 2009 is $674,653 compared to $653,693 in 2008, THe average size of Green Hills homes sold in August was 3675 square ft compared to 3439 square ft in 2008.

Overall the average price of real estate sold in Green Hills gained 3 percent in August of 2009 compared to 2008.

See my blog about Green Hills

 

To search for Green Hills real estate, click on the button

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Fables for Adults by Thomas Sowell on National Review Online

Fables for Adults by Thomas Sowell on National Review Online

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Magnolia Vale in Brentwood

When you visit Magnolia Vale in Brentwood, TN you will see majestic homes in a true neighborhood setting. These all brick homes range in size from 5000 square feet – 7900 square feet. Prices currently range from $800,000 – $2,650,000 and were built from 1998 – present. Nestled in the rolling hills of Brentwood, this neighborhood offers a quiet setting that is close to I-65 and I-24. Most homes have back yards which will accommodate private pools. Along with neighborhood walking trails the community offers an active women’s club and HOA. Schools which serve this Brentwood community are Edmondson Elementary School, Brentwood Middle School and Brentwood High School.

To search for homes in Magnolia Vale, click on the link.

Magnolia Vale

Green Hills Real Estate Report for August

Green Hills real estate sales are still lagging behind sales in Brentwood and Franklin. According to the trends that we have been seeing in the Nashville marketplace, lower priced homes are starting to move, and the move up homes are still not being purchased. But knowing all of this leads us to believe that the people who are selling their starter homes to first time home buyers will now be in a position to move closer to Nashville. What did I just say?  Green Hills real estate should start to improve quickly, and the next 12 months should be a lot better than the last 12 months.

 

This posting and the contents written here are the intellectual property and opinions of Elizabeth Payne Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, Murfreesboro,  and the middle Tennessee area

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Nashville Foreclosure Properties

Nashville foreclosure properties- I had a call Sunday from a lady who wanted to see foreclosure real estate in Spring Hill TN. She was visiting her parents in Spring Hill form Ohio, and she had decided that she wanted to move to Spring Hill.  She had been doing some investigation, and had realized that the job market was much better in middle Tennessee than it was in Ohio, and based on the political climate, who probably stay that way.

Her desire was to buy a home in Nashville that had equity built in, since she had lost most of her home equity in Ohio. Foreclosed homes are sometimes a great deal, but you have to know what you are buying, and what the fair market price should be. That’s where a knowledgeable buyers agent comes in to play. The Foreclosure Real Estate market in Nashville changes quickly.

A good buyers agent will be able to us criteria that meet the buyers needs, and then find the best available foreclosure homes in the area they want to live. It sounds easy, but because the foreclosure market does move fast, especially the better homes, you really have to monitor the market on a daily basis.

I have an automated search that notifies my clients of every new foreclosure home the day it comes on the market. That takes care of part of the process. We then view the homes that look promising, evaluate the value of the home, and make a strong bid on the property if we think it’s the right choice.

I work with clients who are serious about building home equity fast. If that sounds good to you, let me know.

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