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Market Trends
Commentary Provided byShane Powell Bellevue is a great community for first-time homeowners as well as repeat buyers. It offers a great location - close to shopping, parks, entertainment and more. |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Nashville | ||
| 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 | ||
| Inventory Comments | Lots of 1st time homebuyers opportunities available. 1st time homebuyers or anyone that hasn't owned a home for 3 years can get a $8,000 tax credit if the home is closed by November 30th, 2009. | ||
| Average Home Price | $200,000 - View Graph Trend | ||
| Best Selling Price Range | $200,000 - $249,000 | ||
| Worst Selling Price Range | $400,000 - $449,000 | ||
| Compared to Last Year | Down 5-10% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | No | ||
| Greatest Activity | First Time Buyers | ||
| Buyer Activity for the past 90 days in Bellevue is | Increasing | ||
| Seller Activity for the past 90 days in Bellevue is | No Change | ||
| Is Financing Available For Qualified Buyers in Bellevue? | Yes | ||
| Existing Home Prices for the past 90 days are | No Change | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||
| Housing Hot Spots | Most cities within the Davidson County area are considered 'Housing Hotspots' | ||
| Reason to Buy/Sell | 1st time home buyer incentives and job market. | ||
| 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... | |||
 CONNECT WITH A LOCAL PROFESSIONAL 
Shane Powell
Crye-Leike Cool Springs Franklin, Tennessee 615-604-8207 shane@shanepowell.com Agent Home Page 
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Bellevue Local News
Tax Credit is ending! - Wednesday September 16th, 2009 12:08pm
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!
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615-604-8207
