LOL, sorry, Kathy, we assumed it was stuck in drafts, which has been known to happen!

Kathy, what do you think about trying to sell in the ‘boro area? If we like one of the two houses in Bellevue we’re going to see this weekend, we might have to put our condo on the market now rather than later, which is what we’d planned on. I have no idea how long homes take to sell, and I’m a bit freaked out by the whole thing.

However, contrary to what everyone else is saying these days I think the market is getting ready to rebound.

I disagree. I think we’ve just seen the beginning of Big Shitpile. I think Nashville is going to get kicked in the teeth this summer when all that inventory hits the market. And developers are STILL building.

I haven’t seen prices drop here yet, and they should. I saw a POS dump of a house for sale that had a new coat of paint slapped on it and not much else — they wanted $450,000. That’s an owner smoking crack, if you ask me;.

No, I think Nashville is going to get a big wake up call in a couple of months.

But, I could be wrong.

SB - it is good to trust those with their ear to the ground. Those whose livelihood depend on the industry.

This ain’t Kathy’s first rodeo.

I don’t think the crash will be as hard here (our economy is so diverse we do not have the wild swings of other cities). Mainly, although home prices went up here during the boom, they weren’t as crazy as other states.

Not that I couldn’t use a little depreciation before the big tax assessment.

btw, Megan, when you get out to the west side, we’ll treat y’all to US Border. Yes, it’s Americanized Mexican food, but there just aren’t many other non-chain restaurants out this way. And, I love it.

SB - You may be absolutely right… I’m just going on gut based on the amount of phone calls I’m receiving compared to this time last year. BUT like Slarti said, we’ve got a very diverse economy and that’s helped tremendously. And while the builders are still building, those who’ve overbuilt are starting to fall away - at least in Rutherford Co. I think the existing homes on the market will catch up with new construction faster than expected, but the foreclosures COULD muddy the mix somewhat. I wish I had a degree in economics.

Megan - The condos in Murfreesboro are still in the “sellers’ market” technicaly. There is about a 5.3 month supply. To get that number, we first recognize that 150 condos pended or closed in the last six months (since 9-1-07) averaging 72 days on the market. Prices ranged from $98,100 to $420,607. Today, there are 122 on the market (3 under contract). Those have already averaged 96 days on the market and are priced from $69,900 to $2,150,000. The ones that sold averaged $90.46 p/sf and the ones currently listed are averagin $105.31 p/sf. It looks to me like people may be trying to squeeze a little juice out of a rock in their pricing.

The key to selling is that it’s #1 priced right, then clean, nice carpet, newly painted walls, and updated light fixtures if necessary. And get rid of your junk. Make it look like you’re walking into a hotel room. The Murfreesboro market isn’t bad so you will :::crossing fingers::: be okay.

And I apologize for any typos and rambling in advance.

PS - Yee-haw to Slarti from the rodeo stand. I once saw a horse die at a rodeo. It was terrible. Especially when all the cowboys started singing “Goodbye Old Paint.”

Kathy, thanks, that doesn’t sound too bad, right?? I’d be happy if we could sell in a few months, so hopefully that will be possible. Our place is only 3.5 years old, too, so we really don’t have too much to do to it except paint and maybe clean the carpets.

Slartibartfast - Sweet! Good to hear there’s at least one good mexican place on that end of town. The ‘boro has tons and I’m afraid that’s one thing we might miss a lot.

Have you looked in your local Sunday paper and seen all the homes scheduled for foreclosure lately? Look at Williamson County and the Spring Hill area. WC has always been the richest county but look at all the foreclosures in Thompson Station and Spring Hill Area.