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Real Estate Blog
Real Estate Blog 
Tuesday, 26 January 2010

FHA will be increasing their mip to 2.25%. You must also have a credit score of at least 580 or put 10% down.  The seller will be allowed to pay only 3% closing cost vs 6% now. These changes are to go into effect int the early summer.  Now is a good time to purchase a home in Jackson, TN.  With the tax credit of $8,000 or $6,500 and while the interest rate is at an all time low.

POSTED BY: Peggy Graves AT 11:06 am   |  Permalink   |  E-mail this
Monday, 11 January 2010
The Peggy Graves Team Market Update
 
North Jackson:
 
Sales for 2009:            679 Homes Sold
                                    Average Price $153,557
 
Sales for 2008              721 Homes Sold
                                    Average Price $161,300
 
These are some of the Subdivisions:
 
2 – Bascom Trails         $215,000 - $265,000
3 – Belle Trace              $175,000 - $180,000
20 – Carroll Station         $90,000 - $125,000
4 – Castlegate                 $90,000 - $115,000
21 – Cedar Brook         $115,000 - $130,000
4 – Cherry Hill                $200,000 - $275,000
6 – Cherry Pointe          $190,000 - $220,000
3 – Raleigh Place          $175,000 - $195,000
3 – Evergreen                $175,000 - $225,000
15 – McIntosh                 $174,000 - $235,000
3 – McClellan Pl             $215,000 - $295,000
6 – Northpointe              $205,000 - $295,000
6 – North Brunswick      $123,000 - $192,000
8 – Ramblewood E/W   $119,000 - $167,000
5 – Steeplechase          $158,000 - $204,000
4 – Timbers                    $138,000 - $290,000
20 – Traditions               $138,000 - $290,000
24 – Walnut Trace         $215,000 - $486,000
31 – Walnut Trace N
7 – Willowgreen &        $215,000 – 486,000
      Willowgreen Woods
22 – Wyndchase           $255,000 - $433,000
 
In-Town/Jackson
Between 100+ there were 39 homes sold
Average price $139,314
 
If you would like more information on where you live, please email us at Peggy@peggygraves.com for a detailed list of home sold.
POSTED BY: Peggy Graves AT 09:00 am   |  Permalink   |  E-mail this

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Coldwell Banker

Peggy Graves
Coldwell Banker Real Estate Now

327 North Parkway
Jackson, TN 38305
Office: (731) 664-2342
Cell: (731) 225-6920
Fax: (731) 664-2386
peggy@peggygraves.com

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