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Market Trends
Commentary Provided byShane Powell If you can qualify, now is an exceptional time to buy a home in Spring Hill and Thompsons Station. Low rates with falling home prices makes a home purchase a great value! Call now for more information at |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Nashville, TN | ||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | More than 120 days | ||
| Market Trend | Increasing | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $200,000 - View Graph Trend | ||
| Best Selling Price Range | $150,000 - $199,000 | ||
| Worst Selling Price Range | $400,000 - $449,000 | ||
| Compared to Last Year | Down 10-15% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | No | ||
| Greatest Activity | First Time Buyers | ||
| Buyer Activity for the past 90 days in Spring Hill and Thompsons Station is | Increasing | ||
| Seller Activity for the past 90 days in Spring Hill and Thompsons Station is | No Change | ||
| Is Financing Available For Qualified Buyers in Spring Hill and Thompsons Station? | Yes | ||
| Comments on Financing For Qualified Buyers | 1st Time Homebuyers can still get the $8,000 tax credit if they close on a home by November 30th, 2009. | ||
| Existing Home Prices for the past 90 days are | Decreasing | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% | ||
| Housing Hot Spots | Wades Grove, Cherry Grove, Spring Hill Place, Benevento, Burtonwood, Autumn Ridge | ||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Spring Hill and Thompsons Station! | ||
| Average Sold Price | $200,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Shane Powell
Crye-Leike Cool Springs Franklin, Tennessee 615-604-8207 shane@shanepowell.com Agent Home Page 
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Spring Hill and Thompsons Station Local News
The Tax Credit is ending! - Wednesday September 16th, 2009 12:09pm
The $8,000 tax credit will be no good if you do not close on a home before November 30th, 2009. Call us today, there is still time!
News for Spring Hill and Thompsons Station, TN - Wednesday September 16th,
Spring Hill Hospital is put on hold by Davidson County Chancellor Claudia Bonnyman on Thursday. It was supposed to be a 56-bed hospital in Spring Hill. This should not alarm future homebuyers because Maury Regional Hospital is less than 10 miles south of Spring Hill and Williamson Medical Center is only about 8 miles North of Spring Hill off I-65 in Franklin.
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