Williamson County Real Estate: January 2010

Franklin homes are starting to sell. -  Someone ask me last week if Franklin homes were starting to move, and if so, what price range is moving best. Because I'm a realtor, I know that the more affordable homes are moving quicker than the more expensive homes. but just for the people who live with statistics, here is some real data. This information is for the period of 12/28./2009 until 1/28/2010, for homes in Franklin TN.

Prices up to $200,000  in Franklin

• 46 homes are currently active and not under contract
• 14 are under contract
• 3 closed in the last 30 days

From $200,000 to $300,000

• 136 homes are active and not under contract
• 31 homes are under contract to sell
• 16 closed in the last 30 days

From $300,000 to $400,000

• 133 homes are active and not under contract
• 43 are under contract
• 14 closed in the last 30 days

From $400,000 to $500,000

• 136 homes are active
• 43 are under contract
• 9 closed in the last 30 days

From $500,000 to $750,000

• 176 homes are active
• 30 are under contract
• 10 closed in the last 30 days

From $750,000

• 183 homes are active
• 15 are under contract
• 2 closed in the last 30 days

As you can, the more affordable homes come under contract a little faster than the luxury Franklin homes. But I was surprised that even up to $500,000 30 percent of the homes on the market are have a sales contract. I predict a very busy spring.

To search for Franklin Homes, click on the button

Our mortgage person told Julie Mcleland that showing Brentwood homes to this one individual would be a big mistake.

 The best case is you are wasting your time, the worst  case is that you become a headline in the news. 

It's just another good example of why you want an approval from a mortgage person you trust before you put them in your car, and take them to a vacant home.

Does that mean that everyone with bad credit is a bad person, or course not, but you are probably wasting your time until they repair their credit.

Franklin's Mayor and Board of ALdermen have yet to decide on the design of the Goose Creek exit.
"We don't have all the information ready to present to the board," said Mayor John Schroer. "We are still waiting to hear back from TDOT."

The state has said if Franklin officials do not want to spend the additional $4.8 million for the SPUI, they will redesign the project, but the city will have to pay for the design work already done. That is the number Schroer and others are waiting on.
Franklin asked TDOT to use a SPUI at the Goose Creek interchange and city staff continue to recommend the design due to development pressures in the area.

 CIP Executive Dave Parker and City Administrator Eric Stuckey said traffic volumes already exceed limits where a SPUI - "which are considered to have more capacity than diamond interchanges" - are warranted. Complicating the matter is the fact neither man believes the traffic count projected by the Metropolitan Planning Organization take into account the Berry Farms development, which includes 400 residential units and 2.2 million square feet of commercial and office use in the area.

During the 7 p.m. voting meeting, aldermen delayed the matter until Feb. 9.

Many people think that without the exchange and expanding I-65 to 4 lanes, Development south of highway 96 will be very slow.

A meeting to discuss plans the Concord Road widening project will be open to the public tonight at 6:30 p.m. at the Brentwood Library, 8109 Concord Road.

The meeting will discuss residents comments and concerns about the project, which is the final phase of the road construction project widening Concord Road, east of Wilson Pike to the intersection and extending to Arrowhead Drive.

This meeting kicks off the design phase of the project, acquisition of land along the roadway will begin early in 2011 and the projected completion date is the end of 2012.

Sullivan Engineering Corporation, of Brentwood, has been hired to serve as the contractor for the design phase.
Residents with questions may contact Brentwood Public Works Direct Jeff Donegan at 371-0080

Franklin real estate sales  - Weekly Statistics January 22 2010

Franklin real estate sales for the week ending January 22, 2010 were as follows.

• 10 Franklin homes sold
• 108 Franklin homes are pending
• 886 Franklin homes are currently listed
• The average price of sold homes was $399,480
• The average size of Franklin homes sold was 3296 square ft
• The average price per square ft of homes sold in Franklin was $121,20
• The most expensive home listed in Franklin is $38,000,000 and it belongs to Alan Jackson
• The least expensive home listed in Franklin is $72,800 and I have no idea who owns it

To search for Franklin real estate for sale, click on the button

Mortgage information that will impact my Nashville home buyers and sellers.

I Thought This was a Buyers Market -  The first thing she said as she looked through this immaculate Nashville home.

 I had on of those visitors at my open house last week. You know what I'm talking about. Didn't like anything about the property, she was just stopping in because she was in the area. The floor plan was all wrong, the neutral colors were too bland, the place was too clean for anyone to actually be living in it. The bedrooms were too big?

I told her that the seller was asking the less than he paid 2 years ago, and at that he would be losing a considerable amount of money. Since the Nashville home looked new, so much so that she thought nobody had ever lived in it, and the fact that a new one just like it would cost 10 percent more, it's a great deal.

She had a blank look on her face, so I don't know what she was thinking. She didn't buy the home, so I have to assume that she is still looking for the buyers market she keeps hearing about. My suggestion is to try Florida.

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, Spring Hill, Green Hills, Murfreesboro,  and the middle Tennessee area

Westhaven Luxury Home - 4672 square ft with 4 bedrooms 4.5 baths, 3 car garage, competitively priced at $859,900. This home has everything you could ever want in the most popular community in Williamson county. Westhaven brings back the small town feel with all of the modern conveniences that you could want. Westhaven is located on the west side of historic Franklin tn just south of Nashville

Click on the link here for more information on 1580 Championship Blvd in Franklin Tn.

Click here more Westhaven Homes for sale

Nashville Real Estate  - I was doing a walk through in Nashville last week, and the customer brought a family member who had just bought another home in the area. They were amazed at the quality and the price, and the lady turned to her husband and asked "why didn't we see this house before we bought ours".

It seems that they had decided to not bother with getting the help of a real estate agent who knows the area, Instead, they decided to look around themselves, and ended up buying a home from an on-site agent. The Nashville home they bought was smaller, with cheaper materials (carpet, cabinets, light fixtures), the location wasn't as good, and it cost more than the home that my client bought.

My client told me later that they were very unhappy about what they had done, and unfortunately the husband is catching the blame. OUCH

If you are looking for Nasville real estate, hire a realtor to look out for your interests, or your household may have a lot of stress.

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, Spring Hill, and all of Middle Tennessee

To search for Nashville real estate click on the button, or go to my website at www.larrybrewer.com

An Old Farmer's Advice:  

•  Your fences need to be horse-high, pig-tight and bull-strong..
• Keep skunks and bankers at a distance.
• Life is simpler when you plow around the stump.
• A bumble bee is considerably faster than a John Deere tractor.
• Words that soak into your ears are whispered...not yelled.
• Meanness don't jes' happen overnight.
•  Forgive your enemies. It messes up their heads.
• Do not corner something that you know is meaner than you.
• It don't take a very big person to carry a grudge.
• You cannot unsay a cruel word.
• Every path has a few puddles.
• When you wallow with pigs, expect to get dirty.
• The best sermons are lived, not preached.
• Most of the stuff people worry about ain't never gonna happen anyway.
• Don't judge folks by their relatives.
• Remember that silence is sometimes the best answer..
• Live a good, honorable life. Then when you get older and think back, you'll enjoy it a second time.
• Don't interfere with somethin' that ain't bothering you none.
• Timing has a lot to do with the outcome of a Rain dance. 
• If you find yourself in a hole, the first thing to do is stop diggin'. 
• Sometimes you get, and sometimes you get got.
• The biggest troublemaker you'll probably ever have to deal with, watches you from the mirror every mornin'.
• Always drink upstream from the herd.
• Good judgment comes from experience, and a lotta that comes from bad judgment.
• Lettin' the cat outta the bag is a whole lot easier than puttin' it back in.
• If you get to thinkin' you're a person of some influence, try orderin' somebody else's dog around.
• Live simply. Love generously. Care deeply.  Speak kindly. Leave the rest to God.
   
  Don't pick a fight with an old man. If he is too old to fight, he'll just kill you.

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

To search for Nashville real estate click on the button, or go to my website at www.larrybrewer.com