Hello Everyone !
LAST WEEK w/NATALIE:
Well last week was Hot Hot Hot! (Temperature & Market wise) I have been working with many buyers who are having success in purchase offers, but there is not a lot of room for Buyers to negotiate in this type f Sellers Market. All of My Listings this year personally have SOLD at 98% and above of the actual Listing Price. Which means if it listed for $200,000, then it Sold for $196,000. So as a buyer be prepared to pay close to Listing Price if the Home is in Good Shape and in a great location!
UPCOMING SPRING HILL NEWS:
Traffic signal installation at Buckner & Port Royal to cause mid-day traffic delays
Starting Wednesday, Aug. 5, expect traffic delays at the intersection of Buckner Lane and Port Royal Road, where a traffic signal is being installed. Buckner will be closed to traffic entering Haynes Crossing but will remain open to traffic exiting the neighborhood between 9 a.m. and 2:30 p.m. daily through Aug. 16. Thank you for your patience during this installation.
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LOCAL MARKET NEWS:
In Spring Hill, TN the average list price of a single–family home is $267,025. The average price per square foot is $114. There are currently 222 homes for sale with 139 new listings added in the last month.
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In Nashville, TN the average list price of a single–family home is $377,523. The average price per square foot is $160. There are currently 1,040 homes for sale with 722 new listings added in the last month.
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NATIONAL MARKET NEWS:
Many Owners May Underestimate Their Equity
A large number of home owners may be erroneously perceiving themselves as underwater on their mortgage, suggests a new analysis by economists at the University of California, Berkeley.
According to CoreLogic housing data, from the end of 2011 to the end of 2014, the number of underwater home owners fell from 21 percent down to 9 percent.
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Natalie Harper
http://natalieharper.crye-leike.com/
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