Tag Archives: TN Real Estate

Westhaven Community of Franklin TN Real Estate January 2011 Total Market Overview

Westhaven Community of Franklin TN Real Estate January 2011 Total Market Overview

Westhaven subdivision total market overview for the last six months ending December 31, 2010 pending ratio is going down to 5.1%.  Months of inventory is also declined due to the increasing absorption rate.  78 homes sold in the last six months in Westhaven subdivision and median sales price of those homes with $466,412 averaging 89 days on the market.  There is currently 79 single family residential properties actively for sale in the subdivision with the median price homes for sale in $529,900 and those homes have been on sale 108 days. The maximum price of a home currently for sale in Westhaven is $1,377,000 and the minimum home for sale is $299,900.

Of the active homes the current list price has only dropped on average less than 1%, however homes that sold over the past six months the list price was reduced 1.4% and an additional 1.5% negotiated out during the offer to purchase process.

If you currently own a home and need to sell in Westhaven subdivision and want see The Grumbles Team can help you.  Please contact us today to schedule a confidential interview to learn how we help you sell your home for the most money in the least amount of time.

FieldStone Farms Homes Hurstbourne Park Homes McKay’s Mill Homes
Brentwood C/ Club Homes Westhaven Homes Governors Club Homes

View the MLS on your mobile phone, simply text FONEMLS to 87778

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale

The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.

Your Williamson County REALTOR!

EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555

Williamson County Real Estate Agent

Each EXIT Office Independently Owned and Operated

Trulia: Westhaven community Jan 2011 update

WithEXIT:  Westhaven Community Jan 2011 Update

EXIT MD:  Westhaven Community Jan 2011 Update

Hub REC:  Westhaven Community Jan 2011 Update

Realtown:  Westhaven Community Jan 2011 Update

Merchant Circle:  Westhaven Community Jan 2011 Update

Greater Town:  Westhaven Community Jan 2011 update

ActiveRain:  Westhaven Community Jan 2011 Update

Foreclosures! Foreclosures!I have good credit and am Looking for a Great Deal in Williamson County Area Real Estate, Can I Get One?

Foreclosures! Foreclosures! I have good credit and am Looking for a Great Deal in Williamson County Area Real Estate, Can I Get One?

So Alan Jackson’s estate property sold for about two-thirds of the original list price, does that mean that the prices have fallen off and I can get a deal because the Nashville Business Journal reported that the Foreclosure rate rose from April 2009 by 0.95%?  Corelogic research group indicated in the NBJ that in the greater Nashville area that the Foreclosure rate was at 1.49% for April 2010 (up 0.95% from April 2009).  Local XM radio DJ reported that ALan Jackson’s home has SOLD for $28M when it was originally listed for $38M (I verified this in the local MLS myself).  So can the consumer deduct from from these two things that penny ion the dollar deals are out there in our local market?

Well, the Nashville Business Journal goes on to report that the State average foreclosure rate of 1.59% is higher than the Nashville Metro area and the National average is much higher at 3.2%. The study did give an indication of how many mortgage loans are behind at 6.2% indicating that unless those families get help or their situation improves, the rate could see a rise still for some time.

The Local MLS, Realtracs, displays that there are 947 properties advertised for sale as a SHORT SALE, 664 properties for sale marked as FORECLOSED (note it is not required to indicate that a property is FORECLOSED in our MLS so the count is actually higher than this),  out of a total of 21,657 ACTIVE listings.  (Single Family Residential only properties included in these numbers)

SHORT SALES:

FORECLOSURES:

The conclusion, deals are available to those with mortgage credit worthiness and time to shop, wait, and be diligent, however these are not the kinds of deals that are being displayed across many news outlets from Arizona, Michigan, and Florida.

TAKE A LOOK AT THE ACTIVE LISTINGS IN WILLIAMSON COUNTY

SEARCH SHORT SALES

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale

The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.

EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555


Each Office Independently Owned and Operated

400 OAKRIDGE DR, OAKLAND, TN 38060 Homes For Sale in Villages of Riverwood Oakland TN

400 OAKRIDGE DR, OAKLAND, TN 38060 Homes For Sale in Villages of Riverwood Oakland TN

A great NEW “move-up” home in Oakland Tennessee can be customized still for you in the Villages of Riverwood subdivision.  This Subdivision is located just just North of Hwy 64 West of Hwy 194.  This subdivision offers larger lot sizes and  is surrounded by farm land yet still offers easy access to I-40.  From there it is less than 45 Minutes into Memphis.  Contact Regency HomeBuilders today to schedule a new home design consultation.

Image is property of Regency Builders

Property is Marketed for Sale by Leader Realty.  They can be reached at their office at 901 212-8257 or by visiting them at

Leader Realty LLC
124 Timber Creek Suite 4
Cordova, TN 38018

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale

The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.

EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555


Each Office Independently Owned and Operated