Lexington, TN Real Estate News

By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
What is your favorite kind of baseball to watch?  Do you like to watch the pros?   You may even be watching the Red/Cards game like I am right now.Maybe it's college baseball that you enjoy the most?  Maybe you like a great team in the SEC like the Mississippi State Bulldogs!Or you might be a high school baseball fan?  Here in West Tennessee we are getting ready to begin district playoffs this Thursday.  It's an exciting time for our Lexington Tigers who have had a great season and are expected to do well in postseason play.Perhaps Little League baseball is the purist form of baseball to you.  There's nothing quite like watching those 11-12 year players in the Little League World Series.  Those guys are truly the 'boys of summer'BUT if you love baseball how can you resist the pleasure o...
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
Now is the time to build that custom home at Pine Lake near Lexington.  Priced to sell at only $27,500.  This 1.42 acre wooded waterview lot in quiet cul de sac is PERFECTLY AFFORDABLE!   Pine Lake is a 700 acre lake with a public area with beach and picnic pavillions plus plenty of lakefront and waterview homes.  Several common lots in this neighborhood make a great place to build a second home.  This lot is located on quiet Sandstone Cove!         CHECK OUT THE VIEW! ->             Deeded access to neighborhood common lot.  Contact Kathy Fisher for more information about building your dream home on this or many other area lots for sale in Lexington and Henderson County  kathyfisher@remax.net   Please feel free to call or text me at 731 845 3413
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
Need help finding a home or rental??? We would be glad to mail you a relocation package with local information to assist with your move.Please check out our websites at www.remax.com or www.lindalipscomb.comHenderson County is in West Tennessee.  Approximately middle ways between Nashville and Memphis.  Just off I-40 at Exit 108.Henderson County is noted for its beautiful lakes, state park, closeness to TN. River, and its convenience to I-40.A wonderful place for retirement.  Please call or email RE/MAX Unlimited, 870 W. Church St. Lexington, TN.  38351, 731-249-5376 or email:  remaxunlimited@charter.netWe deal in real estate, but people are our business. 
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
REMAX Unlimited is a proud supporter of the Humane Society & Loving Paws Rescue.This should be a great event for a wonderful cause.A day of celebration for all us pet lovers!!!!This event is sponsored by Companion Pet Resure & Transport, Henderson County Humane Society, and Loving Paws Rescue.Don't miss the fun!!!!Saturday, June 14, 2008  
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
Lexington/Henderson County is blessed with so many hidden gems and this week I want to share with you our little gem of a library.  According to our wonderul librarian Dinah Harris "The library of today is not the same as the library we knew growing up.  Books are still an integral part of the library but they are only a portion of what the public library of today has to offer." With children's activities, book signings, computer instruction and SO much more offered at the library, I would like to take this opportunity to encourage everyone to visit Lexington-Henderson County Everett Horn Library in Lexington. Visit the Everett Horn Library @ 702 West Church St. in Lexington Tennessee.  I look forward to seeing you there! Kathy Fisher sells real estate in Lexington, Henderson County and...
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
Research just completed for the Central West Tennessee Association of Realtors (CWTAR) on the housing market in seven West Tennessee counties shows marked differences between the local housing market and the national picture.  The Central West Tennessee region, which is comprised of Madison, Chester, Crockett, Gibson, Hardeman, Haywood, and Henderson counties, has been much more stable in terms of existing home sales data, housing starts and average sale prices than the nation market overall.Average home sales prices showed steady growth from 2001 through 2005.  Then in 2006 the average sales price jumped 6.3%.  The 2007 average sales price was down 1.8% from the previous year and bringing the overall growth for the period back to the average of approximately 3% per year that the CWTAR ...
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
West Pointe is a great little neighborhood just off State Highway 412, between Lexington & Jackson, Tennessee.This development is particularly noted for its large lot sizes, its diversification of homes, and its convenience.Home prices range from approximately $135,000 up to $350,000. Sizes range from a minimum of 1500 heated square feet up to about 4000 square feet.There are several homes for sale in this area.  Please join the tour of homes this weekend.  Sunday, April 6, 2-4PM. Hope to see you there.Linda Lipscomb, RE/MAX Unlimited, Lexington, TN.   
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
 RARE FIND! Flawless Eastern Shores home for less than $200K! Completely updated with an open floor plan.  Eastern Shores is a well estabilished subdivision that surrounds beautiful Beech Lake in Lexington TN.  It's located right in the middle of town but in this home you will never know it!    Warm comfortable family room features a raised hearth fireplace. It's open to the kitchen and dining area.  Great for your family gatherings! No telling what you might cook up in this home's comfortable kitchen.  Spacious and well equipped. Breakfast bar for casual dining and a island for easy serving your will spend many happy hours in this kitchen.Large screen porch with TV overlooks the lovely yard with it's natural woodsy backdrop. Relax after a hard day or step into the hot tub or grill on t...
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
A first for our little rural community.  The local newspaper initiated a contest to determine the town favorites.  The list included a variety of categories.  There were certain rules to keep it fair.  The results were published in the March, 2008 weekly edition of the Lexington Progress.How much fun was all this!!!!  Well, for the winners it was great.  The Lexington Progress dropped off a certificate to the winners.  You see these posted on the doors of businesses, in the windows, framed on the walls.  This was a big deal.As one of the winners, I am so grateful for those who voted and am honored to have the title as the favorite real estate agent and real estate company.  How wonderful!!!!Thanks, Lexington Progress!  Linda Lipscomb, RE/MAX Unlimited, Lexington, TN.   www.lindalipscomb...
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
Today an article appeared in the Wall Street Journal regarding Fannie Mae.  The article explains that Fannie Mae has tightened standards for the home mortgages it guarantees or buys.  Fannie will require a miniumum credit score of 580 for most loans it buys on an individual basis.  In the past, Fannie had no minimum score.Fannie has told lenders it will increase the period needed for borrowers to re-establish credit history after a foreclosure from four to five years.In an already tightened market, it was a little disappointing to see these requirements.  It appeared in recent months there was a shift to FHA financing for various reasons.  However; not sure how this will affect the mortgage market.  Would be nice to hear from some of our mortgage experts.Linda Lipscomb, RE/MAX Unlimited...
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
Beech Lake Family Camping Resort Here's another of my Henderson County Tennessee Hidden Gems.  My husband, Scott and I were out for a Southern Sunday Drive this afternoon when we turned into the Beech Lake Family Campground.  This campground gives you a chance to experience Western Tennessee's Beautiful Beech Lake.  It was so beautiful.  It has both tent and camper sites and rates are cheap...$17 for tent sites and $22 for campers includes water and electric hookups!Located off I-40 (exit 108) South 6.5 miles on TN Hwy 22 West 1.5 miles on Crazy Doe Road  Just minutes off 1-40 conveniently located and SO beautiful!  If you are living that "RV life" come for a visit! If you're looking for a great place to call home. Come for a lifetime!      Kathy Fisher REMAX Unlimited Lexington TNCall ...
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
Monthly I will begin posting what is called Absorption Rate.  This is a number that calculates out how many homes are on the market, how many have sold, and it covers a specific period of time.  The market in Lexington and Henderson County is by far better than in most areas.  Below are the stats and a measure of the health of the market. Month                     Rate Nov, 07                   7.4 Dec, 07                   7.1 Jan, 08                   6.8 Feb, 08                   6.5 Mar, 08                   6.4 Apr, 08                   6.6 May, 08                  6.6 June, 08                 7.9 July, 08                  6.6 Aug, 08                  9.7 Sept.08                10.8 The saying goes, anything above 6 is a buyers market, below 6 is sellers.   The ideal number is 6. W...
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
"BUT THE NEWS SAYS..." The housing market in Henderson County is vastly different from the gloom and doom market's that continue to make the news.  Recent research by the Central West Tennessee Association of Realtors show that our ares is much more stable in existing home sales, new home starts and average home prices than the national market.WHY is now a good time to sell, you ask? Our job market is GOOD!  Recently is was announced that Fluid Routing Solutions (formerly Mark IV) is moving 45% of the Ocala Florida plant to Lexington.  That translates into BUYERS moving into the area.  Families need homes so we need homes to sell them!Interest Rates are LOW! Historically low which makes now a good time to move up into that Dream Home or purchase a starter home.  We NEED listings.  Our l...
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
What an emotional meeting today at my board office.  I saw realtors I had never seen and probably will never see again.  The issue to vote was whether to have a Homes Magazine published by the board.  Each of the members would pay a $26/mo. fee and every listing in their inventory would be published in this catalog.  The same for everyone, so one listing or 100, the fee the same.  All or none.  Most of the dialogue was negative.  All seemed hopeless that this product of the board would ever be seen by the consumer.  Enough said, let's vote.The vote results are in.....we are publishing a Homes Magazine.  Vote 2-1 in favor.  Couldn't believe.Bottom line decision factor, I think, was if there was going to be a homes magazine in the area, the board members wanted it to be controlled by us a...
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
Late last month one of our local factories, Fluid Routing Solutions, (formerly Mark IV) announced that they would be expected to begin hiring about 170 new employees on April 1st. The jobs being created in Lexington are coming from the company's plant in Ocala, Florida; about 45% of that plant will be relocated to Tennessee. Here's our dilemma unlike many markets across the nation we do NOT have a large oversupply of homes listed.  The national media has convinced the public that the housing market is in the toliet but that's not true for us.   I need to actively convince homeowners that now is a GREAT time to put their home on the market in Henderson County. BUT HOW?They are coming and we may not have enough listings to sell them!  How do I let those ill-informed potential sellers know...
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
We have numerous families moving into the area due to new business ventures.  Several are not ready to buy homes as they have homes to sell in the state from which they are moving.  We need rental homes!!!!  If you have a rental home or know of someone who does, please call and let us know.  Linda Lipscomb, RE/MAX Unlimited  731-249-5376     wwww.lindalipscomb.com 
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
The Lexington Progress has announced their first annual Reader's Choice Awards.  REMAX Unlimited has been selected as the Best Real Estate Company and it's owner/broker Linda Lipscomb has been chosen as the Best Real Estate Agent.  REMAX Unlimited was selected from  9 Real Estate Companies that operate here in our small market.  This is an amazing honor for our company since we are truly the new kid's on the block here in Lexington Real Estate.  Our company opened for business in late March 2007!  Congratulations to Linda Lipscomb for earning the Best Agent Award!  She is truly deserving.  She serves her clients and customers with unfailing dedication.  A real estate agent for 12 years, Linda's business is almost exclusively referrals and returning clients which speaks volumes for any a...
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
This year's Lexington High School BIG RED CLASSIC Baseball Tournament got off to a great start last night.  Other area teams competing in this annual event include McKenzie, Clarksburg, Trinity Christian Academy, Riverside, Perry County and local favorite Lexington High School. Last night's first game was a long nail biter with McKenzie topping Riverside 8-7 in 7 innings!  Less exciting was Lexington's 13-1 win over TCA.  Join us this week for a wonderful beginning to the LHS baseball season at Guy B. Amis Park. Games are scheduled nightly at 5 and 7.  The concession stand is open and the freshly grilled food is a culinary delight.  You just can't beat the grilled chicken sandwich or the grilled bologna sandwich!  
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By Kathy Fisher Sells Lexington TN homes! 731.845.3413
(Five Star Real Estate Services)
Right in the middle of lovely little Lexington Tennessee you will find beautiful Beech Lake.  This 1000 acre man-made lake was constructed by TVA in the 1960's.  It is a part of the Beech River Watershed Development Authority that maintains and manages this lake along with 5 other area lakes.  For only $15 annually, people can boat, swim, ski, fish and sunbathe on this lake (or any of the BRWDA lakes).   Lake front living is available with lake properties starting in the low $200's.   If this sounds good to you, give me a call.  I would love to chat with you about our great community!All the Best!Kathy Fisher Lexington TN Realtor
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By Linda Lipscomb, 731-695-1118, Lexington TN Homes
(Linda Lipscomb RE/MAX Lexington Henderson County TN)
Each year, across the nation, one event brings together entire communites.  The event is the American Cancer Society Relay for Life.  It is a event to celebrate those who have survived cancer, remember those we have lost, and to fight back against a disease that touches too many lives.  Get involved with your local organization.  The Henderson County, Tennessee event is being held at Beech Lake on May 30-31.  Make plans to attend an event near you.  By raising funds and awareness, we will help future generations survive and thrive in a world where cancer is no longer a major health issue. 
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