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Market Info March Market Stats – West TN March Madness Hit Central West TN Housing… But Not How You Think! Hey there, house hunters and home sellers! Buckle up, because we’re about to dissect March’s housing trends, and let me tell you, it wasn’t quite the bidding war frenzy of last year. Still hot, but with some twists! Sellers, You’re Still in the […]
Market Info The NAR Settlement: A REALTOR®’s Take If you’re not actively part of the real estate community, you might have missed the recent buzz. The National Association of Realtors’ proposed settlement to address a lawsuit by Sitzer/Burnett made headlines in The New York Times on March 15th. For those curious, a plethora of articles on this lawsuit are available online. In essence, […]
Market Info February Market Stats – West TN Are you keeping a close eye on the pulse of West Tennessee’s real estate market? Whether you’re a seasoned investor, a prospective homebuyer, or simply curious about the region’s property landscape, staying informed about market trends is crucial. So far in 2024, the real estate scene in West Tennessee witnessed some intriguing shifts and developments. […]
Market Info December 2023 Market Statistics – West TN December 2023 Market Statistics – West TN The following overview provides a comprehensive look at real estate activity from January to December 2023. It features data comparisons between December and the previous month, as well as the last three months and December 2022. Average & Median Sales Price The median sales price in December 2023 […]
Market Info November 2023 Market Statistics Average & Median Sales Price In November 2023, the median sales price was $210,000, a decrease of -2.33% from the previous month’s $215,000, but up 7.69% from November 2022’s $195,000. The average sales price in November 2023 was $244,242, a decrease of -2.68% from the previous month’s $250,965, but an increase of 8.56% from November […]
Market Info Strategic Pricing Strategic pricing in real estate is the process of setting a price for a property that maximizes the seller’s profits and minimizes the time it takes to sell. It is important because it can have a significant impact on the outcome of a real estate transaction. Here are some of the key benefits of strategic […]
Market Info Market Trends Reports: October 2023 What these trends mean for the public: If you are thinking about buying a home in 2023, it is important to be prepared for a competitive market. You should also be aware that mortgage rates are rising, so you may need to factor that into your budget.  If you are thinking about selling your home in […]
Market Info Market Trends West TN – September Average & Median Sales Price The median sales price in September 2023 was $225,773, up 3.09% from $219,000 from the previous month and 18.83% higher than $190,000 from September 2022. The September 2023 median sales price was at its highest level compared to September 2022 and 2021. The average sales price in September 2023 was […]
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Market Info Getting Ready for Market   Considering selling this spring? Here are 3 tips to get your home ready for the market. 1) Clean & organize. End to end, clean everything! While you are cleaning, declutter. Remove unnecessary items. If you aren’t going to use it before you move, pack it up. Less clutter makes for roomier appearance and easier […]
Market Info Interest Rate Blues? Higher interest rates giving you the blues? Interest rates should NOT stop you from buying a home in 2023. If you want to buy a home, you need to look past interest rates. The longer you wait to buy a home, the longer you miss out on building equity and appreciation in your property. You […]
Market Info Market Forecast 2023 In 2022 we saw major shifts in the market. Home Prices: Some experts think home prices will drop next year, though the forecasted decline is higher in the new home market. Moody’s Analytics expects house prices to drop by 10 percent next year due to rising housing costs and mortgage rates. Mortgage Rates: Although there […]

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