Nashville Real Estate Talk

THDA today lowered their rate to 4.2%. THDA is the provider of over 80% of all loans to first time home buyers in Tennessee. This is a major breakthrough

Major news for First Time Buyers

 Mount Juliet Foreclosures and Short sales for September 2010.

Here is the avialble list as of August 29, 2010. Click on Property to see price.

If you would like more info on any of these properties please call us at 615-347-4424 or email Jim@JimWood.net.

Mt. Juliet List of Short sales & Foreclosures

This past weekend Del Webb released 21 new lots for for sale in Lake Providence, Mt. Juliet TN .

20 of the lots were sold on Saturday, August 14. Crye-Leike Realtors represented 3 of the buyers. The Cathy Wood Team had 2 of those.

We had already gotten our clients on the VIP waiting list with Del Webb in Mt. Juliet beforehand.  That enabled us to schedule an appointment on the release date before the general public.

Lake Providence, Mt. Juliet's Newest Homeowners

Our Clients Dan & Louise are moving to Mt. Juliet to be near to Nashville.  Lake Providence is also close Dan’s family in Indiana. Louise has family here in Lebanon Tn, but they will also be within a days drive of her grand children in Michigan.

Dan and Louise picked out a gorgeous corner lot in the new Franklin Phase and they were able to get it without paying a premium!  Their new home will be ready in March or April and they can’t wait.

All the geeen dots were sold on Saturday at the VIP Auction.

Having VIP status is very important when buying a Lake Providence home.  As you see from this map from the Del Webb Showroom.  All these homes sold before 2 PM and 6 more sold after that.

If you’re thinking about retiring to Mt. Juliet, give us a call  we’ll answer your questions and show you how to get the best Del Webb home site at the best price.

Old Hickory, TN Home prices Continue to Slide.

Over the past two years we’ve watched the Home Prices in Old Hickory TN drop from a Median of over $190,000 down to the present level of $162,950.  This chart shows the downward trend in the last year alone.  During that time Old Hickory has seen 10% depreciation.

The biggest reason for the continued slide in values seems to be the lack of new homes.  Old Hickory was ahead of the curve when the first building Lots in Hunters Crossing, Langford Farms and  Indian Lake Farms were being built in the 1980′s and 90′s.

But since then, new homes for sale in Old Hickory have been hard to find.  Many of the current homes  are somewhat dated and Saundersville Rd. has lost some of it’s sparkle.  The result is some very good bargains are now available for  Old Hickory home buyers looking in the low $200,000′s.

Old Hickory home buyers have the Lakeview school and Old Hickory lake to enjoy as well as some great shopping and water sports. The Donelson Y is close by too.

Look for Old Hickory home values to rebound in the later part of 2011.

We’ll be having an open house this Sunday in the Heron Walk neighborhood.  The home has 3 bedrooms and 2 baths, a one car gargae and is in wonderful condition. The price is $114,900

I hope you’ll come and meet us this Sunday between 2-4PM.

at: 1104 sea Grove Pt.

Madison TN , 37115,

Directions:  take i-65 N. to Old Hickory Blvd. Exit , Madison, Turn Right, , right again on Gallatin Rd., left on Neeleys’ Bend, straight on Neeley’s bend to Cheyenne, left on Cheyenne, left on Shawnee, left on Santa Maria cove, left on Sea Grove Pt., house on Right.

See you there.