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2009 Shows Number of Home Sales Starting to Level
The difference in the number of homes that sold from 2006 to 2008 in Smyrna, Tennessee was stone cold sobering … a drop of a little more than 60 percent in residential sales (the statistics do not include condos, land, commercial or farms). The stunning free fall seems to have leveled off in 2009, however, and hopefully it is a strong sign of economic recovery. In 2009, the number of homes sold only dropped about 6 percent - a drop much more palatable than 60 percent.
The good news for Smyrna is that the value of the homes being purchased has remained fairly strong. Where neighboring LaVergne had 327 homes that sold for under $125,000, Smyrna’s number was 161 under $125,000. In addition, the total number of homes that sold in Smyrna this past year was 560 while LaVergne had but 511. A full analysis of what you got for your money in Smyrna is featured here at the local web site, This is Smyrna.
What does this mean for the neighboring communities? Affordable homes are available in both LaVergne and Smyrna, but Smyrna’s hold is more firm on houses in the prices ranging above $125,000. However, both communities are wonderfully close to the greater Nashville metropolitan area and all its entertainment, shopping, and sports events. This makes settling in either town just a hop, skip and jump away from the easy access to fun, work, and play, so if you’re considering a move to the area your choices for where to live are wide open.
Posted by:
Kathy Tyson
besides walking through and saying hello to friends - is the parade! The 10:30 march through town is extra special this year because it’s the first parade where my daughter gets to sit on the back of a convertible as Junior Miss Tennessee of Baton Twirling! She’s excited because this first parade (of about six this season) is in her hometown! You can see me driving Tiny Miss Tennessee in a tiny little smart car!
My office at Bob Parks Realty was thrilled a few years ago when Smyrna made the US News & Consumer Report 
Both high schools on my side of the county held graduation events this past week. The entire county celebrated our brightest and best with ceremonies seemingly nonstop over the weekend. I am admittedly most interested in the graduation held for LaVergne High School, where my daughter graduated with honors. 
If this report is accurate, however, her quiet may be short-lived. The peaceful subdivision may start hearing the noise of hammering, drilling, and construction traffic by the end of the year. Tennessee - along with Kentucky, Oklahoma, Texas, Montana, Utah, Arizona, and California - are expected to begin construction again in 2009 as the excess supply of homes are substantially depleted and demand returns. 
I took a listing late last week from sellers who are being relocated out-of-state. As we did our paperwork to get their beautiful home on the market, we reviewed options. Sellers generally have all kinds of choices that can be made when their company relocates them. They can have the home auctioned, but sometimes the concern is they won't get the price they need via that route. They have an option of accepting a lease-purchase contract. They could rent themselves. They could hire a property management company to rent it for them. Or - like my sellers have opted - they can stick with the traditional MLS listing. 
You can spell it donut. Or doughnut. Either way, we know them to be delicious really-bad-for-your-arteries deep-fried pastries covered with chocolate, nuts, glaze, sprinkles. Or maybe you like the ones filled with creme, apples, strawberries, or custard.