Thursday, April 12, 2007

Open House this Sunday

I'm helping an agent in my office out this Sunday by hosting an open house on one of her listings. If you're in the housing market or you know someone who is, please stop by 302 Davids Way between 2:00 and 4:00 p.m. on Sunday. It's a beautiful home with lots of upgrades! There are so many lovely places to live in La Vergne and this one is definitely one of them! Some photos:


Notice the privacy fence in the back, all brick (with some wood), level yard, two car garage.








I love this living room. Neutral colors, fireplace, bright.



Here's the real winner... this kitchen with the black appliances is very pretty. I like having a pantry (see to the right of the stove) ... very nice.



A formal dining room is huge!



PLUS a breakfast nook.



PLUS a bonus room!



(See, I told you this house is beautiful!)

Finally, a view of the back yard!



Come by and say hello! And don't forget about the lender I know whose company is offering $5,000 toward closing costs (while supply lasts - probably mid-May). I received a phone call earlier this week about this offer, but never heard back from the caller. Let me know if you want more info because this won't last long.

And for your added info, here's a quick guesstimate... to buy a home for $110,000, your payment would be around $785 p/month (includes tax and insurance). So to buy a home for $200,000, it would be around $1400'ish. And there are plenty of other homes out there! Right now, we have 381 homes on the market in La Vergne. Lowest price is $31,500 on Old Jefferson Pike and the highest is $485,900 in Hampton Estates.

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Tuesday, April 03, 2007

Should I Stay or Should I Go...

I've been reading conflicting stories online about whether the market is improving or whether it's going down the toilet. I'm going to holler about how great it is!

Okay, first was an article on MSNBC.com that says this spring is the season for reckoning for the real estate market. It's the pivotal time on the market where we figure out if housing sales are going to be strong or weak because spring is typically when homes hit the market and start selling selling selling. The article talks about how some of the big boy dominoes in the lending industry are falling: from Lennar yesterday to Countrywide last week to New Century Financial Corp today. (I think if it wasn't so sad, the first from the Boston Herald today that says "Call it the March Madness of Mortgages" would be funny.)

Then we go to this headline from CNN.com: Stocks fueled by easing oil: Strong pending home sales report also supports Dow and S&P 500. Another article says that Pending home sales index in surprise rise!

This article says that homes set to close (or pending) are way up! I definitely want to hang my hat on this report for a while! From my personal experience, I can confirm the recent drought in home sales, but suddenly I'm getting extremely busy again. Let's all keep your local Realtor busy because it bodes well for the economy!

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