Stream Valley (Franklin, TN)
By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Stream Valley Home Worth? April 2016 Properties active on the market: 17 Single-family properties closed in April: 3 Average sales price: $478,203 Average list price: $477,167 Sales price to list price ratio: 100.2% Average days on the market: 80 Stream Valley absorption rate: 5.7 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). While the numbers suggest Stream Valley is experiencing an extreme buyer's market, buyers should expect to pay close to asking price. The majority of the homes listed are new construction but existing homes have begun to enter the resale market. This new construction is bolstering home prices but existing home sellers...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
In December of last year I wrote a post titled Did you want windows, and it was about the process of purchasing a new construction home, and the one sided contract that builders want buyers to sign.Like I was saying then, the builder will make changes to the plan without the buyers approval, and the construction will be delayed for one reason or another, and the builders take no responsibility. If for any reason the buyer can't close when the builder is finally ready, they will keep your down payment and sell the home to someone else at a higher price.Now we are getting close to a finished product on the home in question. The builder did make some changes to the plan, and tried to sneak it past the buyer, but no, it didn't go unnoticed, and they had to do what they were contracted to do...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
This past weekend I was assisting a client with ordering a new home, and this was one of the options. I had to keep myself from laughing, because when the agent representing the builder asked that question, my client had a look of disbelief. Do you mean it doesn't have windows? What kind of house doesn't have windows? To be fair, the house did have some windows, just not as many as some people would like. They also give you the option to put in windows where no logical people would ever want one, but  we know that some people make strange choices.  The contracts they use are completely one sided, and place no liability on the builder to meet any deadlines. But the buyer on the other hand has lots of liability. When the onsite agent was reading through the details like he was reading a b...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What Will I Pay for a Stream Valley Home? Buyers Tips September 2014 Properties currently Active on the market: 29 Single-family properties closed in July: 2 Average sales price: $374,242 Average list price: $369,747 Average sales price to list price ratio: 101.2% Average days on the market: 0 Active under contract: 14 Percentage of active under contract: 48% Stream Valley absorption rate: 14.5 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) What Should Buyers Know About Stream Valley?On the surface, it appears Stream Valley is in an extreme buyer's market. However, Ryan Homes is currently the only builder in this neighborhood. They don't build market homes. All Ryan h...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's a Stream Valley Home Worth? Market Report for June 2014 Properties currently active on the market: 26 Single-family properties closed in June: 4 Average sales price: $394,279 Average list price: $397,925 Sales price to list price ratio: 99.1% Average days on the market: 20 Sales currently pending: 15 Stream Valley absorption rate: 6.5 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). While on the surface it looks like Stream Valley is in a buyer's market, nothing could be further from the truth. As a new construction builder, Stream Valley doesn't begin constructing their homes until they are already under contract. That's why the active inventor...
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By The 1410 Group of Benchmark Realty, LLC
(Benchmark Realty)
Stream Valley Franklin Tn Homes For Sale   Stream Valley is a newer neighborhood located right off of I65 and Peytonsville Rd. in Franklin Tn. You really get a lot of "bang for your buck" in Stream Valley with it's location, good sized yards, finishing touches, and will soon have a community pool and clubhouse. This community also features a natural stream (thus the name), a park, and walking trails. If you would like more information about any new or resale homes in Stream Valley then please don't hesitate to contact us below.   Stephen Strickhausen Benchmark Realty 615-480-5770 SStrickhausen@gmail.com  
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Franklin, TN Real Estate Professionals