Archives for June 2010

Mt. Juliet Home in Cambridge Woods Sells in Record Time

by Jim Wood in Mt. Juliet Neighborhoods | 6 Comments

Cambridge Woods Home Sells in Record Time.

This home at 1728 Wrencrest in Cambridge Woods  recently  sold in a record 21 days. 

All homes in Cambridge Woods were custom built like this one.

 At $310,000 this home is in the upper reaches of Home sales  in Mt. Juliet, TN.

Yest this home was under contract and PENDING in less that 3 weeks?! How come.
 
Marketing is the answer.  While most mT. Juliet and Nashville Realtors market homes locally with small ads in Supermarket giveaways and on the Nashville MLS, Mt. Juliet Realtors Jim & Cathy Wood chose to market this home Nationally using modern tools such as Web Syndication and Web Publishing.
 
What is Web Syndication?
Web syndication means lacing a home on the top 30 websites for Home Buyers across the country.  These Special sites are so popular thta the charge for acces. In the case of some like Yahoo, the Realtor pays a  minimum of $300 per year.  Others like Realtor.com offer expanded listing coverage, including additional photos and Virtual Tours for $25 per home. ” Web Syndication is critical for home sellers in Mt. Juliet.  50% of the best homes in Mt. Juliet are bought by people moving here from out-of-state.  They need to see your home in the best possible way, and that means spending the money for the best sites and tours”.
 
 What is Web Publishing?
Web Publishing means using tools like Social Networking and Bolg Articles to expose the home to commuities of people who are looking for a home like this one.
For this home Jim Wood publsihed several articles about the Historis Signifigance of Cambridge Woods and the historic Farmland that ist is based on.  A Buyer in FLorida saw the publications at his home in Orlando and arranged to see the home on his next trip to Mt. Juliet.
 
If your selling a Mt, Juliet, Brentwood or Nashville area home, make sure your Realtor is marketing your home with the lates methods. It doesn’t cost you anymore, and the results can be surprisingly fast.
 
As you can see by this chart below, the avreage selling time for a hme in Mt. Juliet is actually 180 Days!
 

Intermediate Chart

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How’s the Mt. Juliet Market?

Why is it a great time to buy a Nashville, Brentwood or Mt. Juliet Home

by Jim Wood in Uncategorized | Comments Off

Why is it a great time to buy a Nashville, Brentwood or Mt. Juliet Home?

Just look at the math! You can own a $200,000 Mt. Juliet  home for less than the rental of a 3 bedroom Apartment!

Tom Matthews of Hometown Lenders in Mt. Juliet put this short video together for you. It shows how a $220,000 Mt. Juliet home at today’s mortgage rates has never been more affordable.

I hope you enjoy this short video.

You can reach Tom Matthews at 615-852-0229

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Willoughby Station Leads Mt. Juliet in Sales of Existing Homes 2010

by Jim Wood in Mt. Juliet Neighborhoods | Comments Off

Willoughby Station Leads Mt. Juliet in Sales of Existing Homes 2010.

By now you probably know that Mt. Juliet leads all of Tennessee in sales of New Homes.  Mt. Juliet is rated #29 in the USA for new homes sales.  And we all know that Providence leads Mt. Juliet in the sale of thse new homes.

But did you know that Mt. Juliet is also among the leaders in Tennessee for sales of existing homes?

And what neighborhood leads Mt. Juliet?  If you guessed Willoughby Station you were right.  Since May 1 Willoughby Station accounts for more than 10% of existing home sales in Mt. Juliet.

But even more important, Since May 1, there have been 13 homes to sell or go under contract  in Willoughby Station. That’s more than 1/3 of the 36 homes that were available in just 5 weeks.

I Real Estate we describe a Balanced Market ( neither a buyers- nor a sellers market), as one where ” there is a 6 month supply of homes at the present rate of sales”.

Willoughby Station is a Balanced Market.

Willoughby Station has 13 Homes sales'pendings in the last 5 weeks

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Mt. Juliet Market Reports

May New Home Sales Down? Not in Mt. Juliet

by Jim Wood in Mt. Juliet Neighborhoods, Uncategorized | Comments Off

May New Home Sales Down? Not in Mt. Juliet

mt. Juliet new home sales may 2010

May sales of new homes in Mt. Juliet were actually UP by 2.5% over April.

Here are the stats:

mt. Juliet new home sales may 2010

Mt. Juliet New Homes selling at 400 unit annual rate

38 New Homes sold in May-

Now here’s April’s graph

So, 37 units in April and 38 in May. The demand for new homes in Mt. Juliet continues. All this shows is that national statistics don’t tell the whole story.  Every neighborhood is different.

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We’re experts at negotiating with builders,  call us to discuss negotiating a fair price for new home in Mt. Juliet

Jim & Cathy Wood

615-481-7609

Mount Juliet Home Prices Rebound, Outperforming Hendersonville, TN

by Jim Wood in Uncategorized | Comments Off

Mt. Juliet Home Prices are on the rebound and outperforming Hendersonville. One year ago Hendersonville home prices were $20,000 above Mt. Juliet. Now it appears that Mt. Juliet home prices have caught up. In this latest Nashville Market Report, Mt. Juliet homes appear to be just $2,000 below the Hendersonville Median Price.
Real Estate Market Chart by Altos Research www.altosresearch.com

As you can see from the chart, both Mt. Juliet and Hendersonville home values are below where they were 1 year ago. But they appear to have hit bottom in May and are now moving upward.

Although both area are trending up Mt. Juliet is outperforming Hendersonville in the rebound. Part of this is because Mt. Juliet homes did not lose as much value. But there are two points to be made here.

1. The rebound  in home values started sooner in Mt. Juliet. Home prices began to rise about 6 weeks before Hendersonville.

2. The rebound is clearly stronger for Mt. Juliet Home values over Hendersonville. At this rate Mt. Juliet Homes will e more expensive than homes in Hendersonville within a few months.

To get our free Market statistics for your Nashville area community use this link:
Online Nashville Market Reports

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