Craig Harding

Hello Tammie,
There are quite a few nice communities in the mountain area here in South East Tennessee and North Georgia. I work the mountain area from North Georgia up through Monroe County. You can check out more info on these areas at my website and you can always e-mail with questions. - Fri Apr 25 2008, 06:38

Commanding name recognition, national and international advertising dominance, the top performing brokerage real estate website. On demand training and issues education, high commission splits, and a red white and blue balloon... ;) - Mon Apr 21 2008, 17:50

I think that Ag Credit also has some long term loan options. They may be worth checking into as they have several offices in Tennessee. - Mon Apr 21 2008, 17:42

I do see some indicator from a statistical perspective that we may be near or at the bottom but we will just have to wait and see. You may find the following market statistics I did for our area recently (which has been very stead so far) on sales year over year. - Tue Apr 15 2008, 09:42

One often overlooked statistic that can give you some real help in determining when to take another look at your price is the Absorption Rate. This the number of homes that are sold in your market and price range in a month. For example. Let say there where 25 homes sold in the last 3 months that where comparable to yours.
This would mean there is an absorption rate of just over 8 homes per month. So the next question to ask is what is the available pool of homes for sale that need to absorb (get sold)? Well say it is 80 which is a ten months supply if there where not a single home listed in that price range from today forward (which is not reality). Well if you want to sell in 2.5 months you should be priced in the bottom 10-15% of the homes like yours in order to account for additional homes coming on the market etc. Now lets say the absorption rate was 1.5 homes per month. Well then if there where still 80 homes on the market you would need to realize it is extra important to be the one that is the best price by far and in the best condition and be ready to wait a while! - Tue Apr 15 2008, 09:38