What happened to the Buyers Market - I've had the pleasure of working with buyers lately who are relocating to Franklin from Georgia, and we have viewed several nice homes and some not so good. Unfortunately, the husband we here for 2 weeks before his wife could get away from her job. During that time. we viewed 23 homes in person that looked good online, he reduced the list to 5 homes for his wife to see.
If you could only imagine the reaction I got when I told him that all of them were under contract just one week after we looked at them. Normally i would say that we could have more inventory coming on that might be acceptable, but it's just not happening. The neighborhood that appeals to them the most is showing a 99 percent list to sales price ratio for the last 6 month.
I think the great buyers market is gone in the more popular neighborhoods.
This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, Murfreesboro, and the middle Tennessee area






Fieldstone Farms Homes - October Market Report The number of Fieldstone Farms Homes sold in October was five. with the average price of $321,624. The average days on market for Fieldstone Farms homes was 81, and the average price per square ft was $122.








Franklin TN real estate - Sales for the month of October in Franklin continued to lag behind the same month in 2007 with 103 single family homes sold compared to 123 in October of 2008.
Fieldstone Farms home sales for the month of August were relatively strong with 18 closings. The average closing price for Fieldstone Farms real estate was $318.73, with the average price per square ft at $124.21. The average days on market for Fieldstone Farms real estate in the month of may was 66.