December 12, 2016

Franklin November 2016 sales show 8.9% appreciation

November 2016 sales stats are freshly calculated and paint this picture of real estate in Franklin. Sales of Single family residences in Franklin were 168 in November 2016 (vs. 157 in November 2015). The average home sold was 2,929 sq ft (vs. 2,902 in November 2015). Average sales price was $522,395 in 2016, up from […]

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November 19, 2016

Why escrowing your taxes and insurance hurts you

Do you have an escrow account on your mortgage?  Each month you are contributing an amount over and above the principal and interest payments to cover your taxes and insurance and each year your lender has to provide you with an escrow statement – basically an update on how much money you have in escrow […]

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November 14, 2016

To refinance or not to refinance?

The era of low rates is supposedly coming to an end but does this mean it’s time to refinance? In order to give you my best answer we need to make an assumption – that being that the only reason to refinance is to lower your rate and payment NOT to cash out equity – that […]

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November 7, 2016

Franklin October 2016 sales show 5.1% appreciation

October 2016 sales stats are freshly calculated and paint this picture of real estate in Franklin. Sales of Single family residences in Franklin were 189 in October 2016 (vs. 180 in October 2015). The average home sold was 3,053 sq ft (vs. 3,179 in October 2015). Average sales price was $536,036 in 2016, up from […]

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October 19, 2016

Do I need a Realtor when I buy a New Construction Home?

A common misconception when purchasing a new construction home is that you don’t need to have your own agent. Do you know that the friendly and helpful onsite salesperson works for (and represents) the builder’s interest and the builder’s interest only? A buyer’s agent costs you nothing as the builder has allocated a sales commission […]

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October 18, 2016

Franklin September 2016 sales show 12.7% appreciation

September 2016 sales stats are freshly calculated and paint this picture of real estate in Franklin. Sales of Single family residences in Franklin reached 218 in September 2016 (vs. 179 in September 2015). The average home sold was 2,999 sq ft (vs. 2,907 in September 2015). Average sales price was $524,694 in 2016, up from […]

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September 15, 2016

Franklin August 2016 sales show 10.6% appreciation

I’ve put together August 2016 sales stats for the Franklin, TN real estate market and here’s what I can tell you. Sales of Single family residences in Franklin fell to 210 in August 2016 (vs. 237 in August 2015). The average home sold was 3,068 sq ft (vs. 3,053 in August 2015). Average sales price […]

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August 19, 2016

Where have all the foreclosures gone?

A few years ago almost all my first conversations with clients contained something along the lines of, “can you find me a good deal on a foreclosure?”.  Back in 2010 the answer was a solid, “there are plenty of foreclosures out there and plenty more on the way”. These days I hear the question less, […]

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August 15, 2016

Is it too late to sell my home in 2016?

It’s mid August, summer’s over, the kids are back in school, but if you think you’ve missed the selling season – you’d be dead wrong! Around this time each year about 80% of REALTORS believe their year is over.  They stop trying to sell real estate and stop believing that even if they list a home […]

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August 15, 2016

Franklin July 2016 sales show 5.0% appreciation

July 2016 sales stats are here!  Here’s what we know about home prices in Franklin, TN: Sales of Single family residences in Franklin were slightly down to 232 in July 2016 (vs. 245 in July 2015). The average home sold was 3,084 sq ft (vs. 3,278 in July 2015). Average sales price was $523,194 in […]

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