Winter 2012 Market Update
Buyers are also seeing the value in finding a lot and building a home since bldg. costs are running from $100/sq. ft. and up to $200/sq. ft. in expensive country club communities. Acreage is available at reasonable costs which is also appealing for those looking for more space and privacy.

Average Home Price $175,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 90-120 days
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$700,000 - $749,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?Increasing
Market Trend Decreasing
Buyers’ or Sellers’ Market Equal buyers and sellers
Buyer Activity for the past 90 days in Hendersonville isIncreasing
Seller Activity for the past 90 days in Hendersonville is?No Change
Multiple Offers?No
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?10-15%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity First Time Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Hendersonville!
Nearest Metro AreaNashville, Tn
Housing Hot SpotsNewer developments in the $270,000-$400,000 range are being gobbled up by newcomers to the area. They are surprised at how much home they can have for the money...value!
Average Sold Price $175,000 - View Graph Trend

Hendersonville Local News


News for Hendersonville, TN - June 20th, 2011 1:43pm
Foreclosures, Bank Owned, and Short Sales have not dominated our market as of yet, but do represent an opportunity to get a great deal. For the most part home buyers are still willing to look at traditional sales over a Distressed Home just because of in most cases the amount of work to be done. Distressed sellers usually leave a distressed home, meaning you can get a better than market price if your willing to do some repairs or updating. Sherry Chastain's experience as a Realtor and a Certified Distressed Property Expert will prove to be great help in navigating the current market.

Market Report for Hendersonville, TN - March 23rd, 2011 8:57pm
Spring is in the air in Hendersonville Tn. Sellers are sprucing up their homes and yards in anticipation of a hoping spring season. Days on market are trending down, number of homes active are decreasing and sales price is slightly increasing. Interest rates are at a low now and make investing in a home a great time. Move up buyers find it a great season to buy more with their money. First time buyers still can find help with down payment assistance. Give Sherry Chastain a call today to get started with your dream home search.

Clausen Group Realtors Public Service Announcement: Stop Cell Phone Solicitors NOW - Friday May 7th,
How many years did it take television to reach 50 million users? 13. Radio didn't reach 50 million users until it had been around for 38 years. The internet only took 4 years, iPods took 3, and within less than 9 months after its launch, Facebook had over 100 million users. Speaking of… if Facebook were a country, it would be the world's 4th largest.

Gen Y, which is thought to represent those who were born roughly from the mid 70s to early 2000s, will outnumber Baby Boomers this year. Ninety-six percent of this generation has joined at least one social network.

At Clausen Realtors, we want you to realize that Social Media continues to become more socially accepted throughout the world. When internet first became widely-known and dating sites became popular, many people thought it was extraordinary or dangerous to meet significant others online. In 2009, 1 out of 8 couples who were married in the US met via social media.

People are... [ + Read Full Article ]

HUD Queen goes Crazy!! - Tuesday March 30th, 2010 9:03am
Great Deal for BUYERS on HUD Properties. The HUD Queen is going BONKERS with the Fabulous Deals on HUD Homes. She knows the strategies and can help you get a really GOOD DEAL NOW! We are looking for Motivated Buyers to take advantage of the OPPORTUNITY! (Not to mention the Buyer Tax Credit on Top of the Good Deal).

Call the HUD Queen today for more information — Cell: 615-574-3008 or send an email to cgrCarla@comcast.net . Tennessee Licensed, HUD Broker Approved, CDPE-Certified Distressed Property Expert, SFR-Short Sale & Foreclosure Resource.
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Sherry Chastain
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Mortgage Rates
– Feb 9th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.66%
  15 yr. jumbo rate:  3.99%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Sherry Chastain
Keller Wiliams Realty
Keller Wiliams Realty

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