An unexpected super surge in sales in March 2010 has many of us in the industry, and many buyers and sellers jumping for joy. As consumer confidence continues to rise, buyers and sellers continue to become more adapted to the current market, and real estate professionals continue to exude professionalism in our continually correcting market, real estate sales are abounding in a positive and promising way.

According to Lawrence Yun, NAR chief economist, it is positively promising to see an expansive home sales rebound in nearly every corner of America. This rebound has two resounding trends: “Sales have been above year-ago levels for nine straight months, and inventory has trended down from year-ago levels for 20 months running,” he said. “The home buyer tax credit has been a resounding success as these underlying trends point to a broad stabilization in home prices. This is preserving perhaps $1 trillion in largely middle class housing wealth that may have been wiped out without the housing stimulus measure.”

This spring time sales surge has birds singing in the Real Estate industry, but behind the sunshine there is a cloud looming. What happens after the tax credit ends? According to NAR Chief Economist Yun:

“With home values stabilizing, a revival in home buying confidence will likely help the housing market get back on its feet even as the tax credit impact disappears,” Yun said.

With any luck, this statement will resonate to be true, and every home owner in even the farthest reaching corners of America will breathe a heavy sigh of relief. When looking at each region of America, the correction is resoundingly positive and numbers across the board have increased, even if only nominally. Here in the South, existing-home sales showed an increase of 7.1% for an annual level of 1.97 million in March 2010 and are 13.9% higher than in 2009. The median home value was $154,800, up 5.2% from March 2009.

With 4 days left to get contracted and benefit from the Home Buyer Tax Credit, I am gearing up for a busy week. If anyone needs help buying or selling, or just needs some positive words of wisdom about real estate…feel free to call me:)

Happy House Hunting!!!

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When down-the-road rival and SEC baseball heavy hitting Vanderbilt comes to town, expect to see the ball fly.  Unfortunately, the Blue Raiders were on the losing end of Wednesday night’s game, but not before some late-game excitement provided by Bryce Brentz.
 
In the bottom of the ninth, the junior hit a 2-run homerun to get the Blue Raiders within 1 run at 10-11.  It wasn’t enough to win, but was definitely a great effort by Brentz.  He was 2 for 5 on the night, with a double as well as the homer.  Most notable at the plate was Justin Guidry.  This sophomore had a 4 for 5 evening at the plate and scored a run.  Several other players hit the ball well too, giving the Blue Raiders 14 hits total for the game.
 
The pitching was off this night, but most teams have bad nights on the mound against Vanderbilt.  MTSU used 5 different pitchers with Hunter Adkins getting the loss.  This freshman definitely will improve and has a bright future for the Blue Raiders.
 
Once again this ball-club provided us with another entertaining game.  They lost, but their effort was there.  Vanderbilt is a really good team and when you lose to them by only 1 run, you’ve certainly played a good game.  After all, Vanderbilt is in most polls ranked 15th or better, and regarded by most as a national power-house.  
 
Don’t get me wrong, you always want a win, but this loss wasn’t as hard to swallow.  These guys showed guts and didn’t back down one bit.  It was a great night for baseball and as usual Reese Smith Jr. Field was a baseball-lovers paradise.  

Be sure and come out and support this hard-working team as they host Arkansas Little-Rock this weekend in a 3-game series beginning Friday night at 6.  Hope to see you all there for this inner-conference 3-day slugfest.

Article By: Eric Broadrick

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As the tax credit winds down, we are seeing many people who have not yet committed to a property scrambling to get in under the First Time Home Buyer’s Tax Credit deadline. The tax credit is part of the Worker, Homeownership, Business Assistance Act of 2009.

As it stands, the tax credit of $8000 for 1st time home buyers, and $6500 for existing home owners who meet certain guidelines, is set to end on April 30, 2010. In order to receive the credit, there must be a binding contract in place on a property by April 30, and it must be closed on or before June 30.

In order to qualify, a “first time home buyer” must be a person who has never owned a home OR who hasn’t had an interest in a principal residence in the last 3 years, the home that is being purchased must be the purchaser’s principal residence, and there are certain income guidelines that must be met.

A survey of more than 1,500 sales agents  by Campbell/Inside Mortgage Finance found a record 48.2 percent of home purchases were first-time home buyers in March. This is an almost 2% increase of over even last October (46.9%), when the original Tax Credit incentive was set to expire in November 2009. This recent almost 50% share of market activity by first time home buyers sets a record. And it’s a record that will trickle up to affect the other price points, markets, and demographics that comprise the modern Real Estate landscape.

The Extension and Expansion of the Tax Credit:

In November of 2009 the Tax Credit was extended, and expanded to encompass and benefit a broader range of home buyers and owners…

In order for a purchaser to qualify for the expanded tax credit designed for  home owners who are selling in the current marketplace, there are also income guidelines, and the home being sold must have been consecutively used for 5 of the last 8 years as the seller’s primary residence.

This expanded aspect of the tax credit will benefit those whose home may be being purchased by the first time home owners,  those who are moving move up, as well as those who may be downsizing. Essentially, if a person has had a significant amount of time in their current home, there is tremendous potential to not only make a profit on the sell, but also get that added incentive, thus creating a balanced and thriving market in varied price points, and driving more money into the economy. It’s a win/win:)

With 10 days left and counting, I have seen an increase in showings, calls, and activity across the board. Looks like I’m not the only procrastinator I know. LOL! The beauty of procrastination in this case is that the winding down of the tax credit in conjunction with the Spring boost in sales, is making for an uplifting and promising selling season! With consumer confidence raised, and happy buyers and sellers, we are currently looking at a correcting market on the upswing.

Article By: Jackie Hogencamp – Murfreesboro Homes For Sale

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The First Time Home Buyer Tax Credit:

As the tax credit winds down, we are seeing many people who have not yet committed to a property scrambling to get in under the First Time Home Buyer’s Tax Credit deadline. The tax credit is part of the Worker, Homeownership, Business Assistance Act of 2009.

As it stands, the tax credit of $8000 for 1st time home buyers, and $6500 for existing home owners who meet certain guidelines, is set to end on April 30, 2010. In order to receive the credit, there must be a binding contract in place on a property by April 30, and it must be closed on or before June 30.

In order to qualify, a “first time home buyer” must be a person who has never owned a home OR who hasn’t had an interest in a principal residence in the last 3 years, the home that is being purchased must be the purchaser’s principal residence, and there are certain income guidelines that must be met.

A survey of more than 1,500 sales agents  by Campbell/Inside Mortgage Finance found a record 48.2 percent of home purchases were first-time home buyers in March. This is an almost 2% increase of over even last October (46.9%), when the original Tax Credit incentive was set to expire in November 2009. This recent almost 50% share of market activity by first time home buyers sets a record. And it’s a record that will trickle up to affect the other price points, markets, and demographics that comprise the modern Real Estate landscape.

The Extension and Expansion of the Tax Credit:

In November of 2009 the Tax Credit was extended, and expanded to encompass and benefit a broader range of home buyers and owners…

In order for a purchaser to qualify for the expanded tax credit designed for  home owners who are selling in the current marketplace, there are also income guidelines, and the home being sold must have been consecutively used for 5 of the last 8 years as the seller’s primary residence.

This expanded aspect of the tax credit will benefit those whose home may be being purchased by the first time home owners,  those who are moving move up, as well as those who may be downsizing. Essentially, if a person has had a significant amount of time in their current home, there is tremendous potential to not only make a profit on the sell, but also get that added incentive, thus creating a balanced and thriving market in varied price points, and driving more money into the economy. It’s a win/win:)

With 10 days left and counting, I have seen an increase in showings, calls, and activity across the board. Looks like I’m not the only procrastinator I know. LOL! The beauty of procrastination in this case is that the winding down of the tax credit in conjunction with the Spring boost in sales, is making for an uplifting and promising selling season! With consumer confidence raised, and happy buyers and sellers, we are currently looking at a correcting market on the upswing:)

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Monday

Toot’s
35¢ Wings until 3 pm$3.00
Half-dozen Raw Oysters from 3pm until close$6.00
Dozen Raw Oysters from 3pm until close5
Boneless Buffalo Fingers with Fries for $3.99 till 3pm then $4.99 after 3pm

Chuy’s
Free Fully Loaded Nacho Car 4-7

O’Charley’s
1/2 Price Appetizers 2p-7p

Kirkenburt’s
10 Wings $4

Tuesday

Toot’s
$2.99 Half Pound Burgers
$3.99 Half pound Burger and Fries ALL DAY$3.99

Chuy’s
Free Fully Loaded Nacho Car 4-7

Buffalo Wild Wings
$0.40 Wings

O’Charley’s
1/2 Price Appetizers 2p-7p

Kirkenburt’s
$1.50 BBQ Sandwiches

Wednesday

Toot’s
Chicken Finger Basket until 3pm, then $5.25

Chuy’s
Free Fully Loaded Nacho Car 4-7

Coconut Bay
$0.35 Wings
 
Buffalo Wild Wings
$0.60 Boneless Wings

O’Charley’s
1/2 Price Appetizers 2p-7p

Kirkenburt’s
$3.99 Chicken Tender Basket

Thursday

Toot’s

$3.99 Grilled Chicken Sandwich till 3pm
$5.25 Cajun Chicken Salad until 3pm
$5.25 Philly Cheesesteak and Fiesta Philly from 3pm until close.
$5.25 Aunt Prissy’s Chicken Salad
$5.25 Chicken Fiesta Sandwich after 3pm

Chuy’s
Free Fully Loaded Nacho Car 4-7

Coconut Bay
$4 Burgers

O’Charley’s
1/2 Price Appetizers 2p-7p

Kirkenburt’s
4 Person Family Pack 1lb of Pulled Pork, 4 Buns and a Side Dish $9.99

Friday

Toot’s

$3.99 Catfish, Shrimp or Clam Basket until 3pm

$2.50 Imports$6.99 Chicken on a Styx Platter (2 skewers) after 3pm

$8.99 Chicken on a Styx Platter (3 skewers) after 3pm

Chuy’s
Free Fully Loaded Nacho Car 4-7

Saturday

Toot’s
$8.59 Half Rib Platter
$9.99 Full Rib Platter

Sunday

Toot’s

$8.59 Half Rib Platter

$9.99 Full Rib Platter

List Compiled by:  Heather Harring

Mesh. (Boutique)
113 W. Lytle St.
Murfreesboro, TN 37130
Phone: 615.895.0255
Fax: 615.895.0254

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Murfreesboro is a city in and the county seat of Rutherford County, Tennessee, United States. The population was 101,753 according to the United States Census Bureau’s 2009 report, up from 81,393 residents certified during the city’s 2005 special census. The center of population of Tennessee is located in Murfreesboro. The city is part of the Nashville Metropolitan Statistical Area, which includes thirteen counties and a population of 1,632,671 (2009).

Although Murfreesboro is sometimes considered a suburb or exurb of Nashville, Tennessee, at 35 miles (56 km) it is far enough away and has a large enough population to maintain a separate identity from its larger neighbor. It is Tennessee’s fastest growing major city and one of the fastest growing cities in the country, with a population growth from 46,000 to 69,000 between 1990 and 2000, a change of 66%. The city is also home to Middle Tennessee State University, the largest undergraduate university in the state of Tennessee, with a current undergraduate population of 20,899 and 23,264 total students.

In 2006, Murfreesboro was ranked by Money as the 84th best place to live in the United States, out of 745 cities with a population over 50,000.

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A Brief History of Murfreesboro, Tennessee

- In 1811, the Tennessee State Legislature established a county seat for Rutherford County. The town was first named “Cannonsburgh” in honor of Tennessee politician Newton Cannon, but was soon renamed “Murfreesboro” for Revolutionary War hero Colonel Hardy Murfree, later the great-grandfather of author Mary Noailles Murfree.

As Tennessee grew westward, it became clear that having the state capital in Knoxville would be a burden to those who had to travel from the western end of the state. In 1818, Murfreesboro became the capital of Tennessee until 1826, when Nashville became the state capital.

On December 31, 1862, the Battle of Stones River, also called the Battle of Murfreesboro, was fought near Murfreesboro. This was a major engagement of the American Civil War. After the battle, Murfreesboro was used as a supply depot for the Union Army. Stones River National Battlefield is now an historical site.

Murfreesboro’s Geography

Murfreesboro is located at 35°50′46″N 86°23′31″W.

According to the United States Census Bureau, the city has a total area of 39.2 square miles (102 km²). 39.0 square miles (101 km²) of it is land and 0.2 square miles (0.52 km²) of it (0.54%) is water.

Murfreesboro is the geographic center of the state of Tennessee. A stone monument marks the official site on Old Lascassas Pike, about a half-mile (800 m) north of MTSU.

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Murfreesboro is served by Nashville International Airport (IATA code BNA), Smyrna Airport (MQY) and Murfreesboro Municipal Airport (MBT). The city also benefits from several highways running through the city, including Interstate 24; U.S. Routes 41 and 231; and State Routes 1, 2, 10, 96, 99, 268 and 840.

Public transportation

The City of Murfreesboro ordered nine buses to serve as the city’s new transportation. Each bus is capable of holding sixteen people and includes two spaces for wheelchairs. With the system being called “Rover”, the buses are bright green in color with “Rover” and a cartoon dog painted on the side.

The system has been in service since April 2007, with buses operating in six major corridors: Memorial Boulevard, NW Broad Street, Old Fort Parkway, South Church Street (Stopping at Warrior Drive), Mercury Boulevard and Highland Avenue.

A one-way fare is US$1.00 for adults, US$0.50 for children 6-16 and seniors 65 and over, and free for children under 6. The system operates Monday to Friday, 6:00 a.m. to 6:00 p.m.

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As of the census of 2000, there were 68,816 people, 26,511 households, and 15,747 families residing in the city. The population density was 1,764.9 inhabitants per square mile (681.4 /km²). There were 28,815 housing units at an average density of 739.0 per square mile (285.3 /km²). The racial makeup of the city was 79.85% White, 13.89% African American, 0.28% Native American, 2.69% Asian, 0.03% Pacific Islander, 1.88% from other races, and 1.38% from two or more races. Hispanic or Latino of any race were 3.53% of the population.

There were 26,511 households out of which 30.7% had children under the age of 18 living with them, 43.8% were married couples living together, 11.9% had a female householder with no husband present, and 40.6% were non-families. 28.3% of all households were made up of individuals and 7.0% had someone living alone who was 65 years of age or older. The average household size was 2.42 and the average family size was 3.02.

In the city the population was spread out with 22.7% under the age of 18, 20.5% from 18 to 24, 30.8% from 25 to 44, 17.3% from 45 to 64, and 8.8% who were 65 years of age or older. The median age was 29 years. For every 100 females there were 98.7 males. For every 100 females age 18 and over, there were 97.2 males.

The median income for a household in the city was $39,705, and the median income for a family was $52,654. Males had a median income of $36,078 versus $26,531 for females. The per capita income for the city was $20,219. About 8.2% of families and 14.1% of the population were below the poverty line, including 12.0% of those under the age of 18 and 11.1% of those 65 and older.

According to Murfreesboro’s 2008 special census, the population had reached 100,575. Special census estimates in 2005 indicated 81,393 residents, and in 2006 the U.S. Census Bureau’s American Community Survey estimated a population of 92,559, with 35,842 households and 20,979 families in the city.

(Information Courtesy of Wikepedia)

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Murfreesboro Music

Murfreesboro hosts several music-oriented events annually, including the Main Street Jazzfest, which is presented by MTSU’s School of Music, and Uncle Dave Macon Days.

Because of MTSU’s large music program, the city has fostered a rich history of quality indie bands and songwriters, including: Self, Fluid Ounces, The Katies, Count Bass-D, The Tony Danza Tapdance Extravaganza, Glossary, A Plea for Purging, Ghostfinger, Ascent of Everest, Those Darlins, Destroy Destroy Destroy, The Features, Overzealous and PRo.

Murfreesboro Arts

Murfreesboro contains a Center for the Arts close to the Square, which entertains with a variety of exhibits, theatre arts, concerts, dances, and magic shows. Murfreesboro Little Theatre has provided the community with popular and alternative forms of theatre arts since 1962. New organizations including Youth Empowerment through Arts and Humanities (YEAH!) and the Murfreesboro Youth Orchestra offer music- and art-based programming for young people.

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Stones River National Battlefield, the museum and battlefield described about the Battle of Stones River in December 31, 1862 – January 3, 1863, one of American Civil War Battles.

Oaklands Historic House Museum, a 19th century house that was involved in the Battle of Stones River and has a baseball park.

The Discovery Center at Murfree Spring houses an interactive gallery of exhibits and is a local favorite for school trips.

Bradley Academy Museum contains collectibles and exhibits of the first school in Rutherford County. This school was later renovated to become to only African American school in Murfreesboro, which closed in 1955.

The Cannonsburgh Pioneer Village is a reproduction of what a working pioneer village would have looked like from the period of 1830s to the 1930s. Visitors can view the grist mill, school house, Leeman House, Caboose, Wedding Chapel, and even a doctor’s office.

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There are currently two main malls located within the city limits. One is the indoor mall, Stones River Mall, which includes stores and restaurants such as Forever 21, Aeropostale, Journey’s, Hot Topic, Agaci, Dillard’s, Buckle, Books-a-Million, The Olive Garden, TGI Fridays.

There is an outdoor mall on Medical Center Parkway called The Avenue of Murfreesboro. The shops here include American Eagle, Hollister, Best Buy, Belk, Petco, Dicks Sporting Goods, Express, Mimi’s Cafe, Macaroni Grille and Longhorn Steakhouse.

The Historic Downtown Murfreesboro district (The Square) also offers a wide variety of unique shopping and dining experiences that encircle the pre-Civil War Courthouse.

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I can show you any home on the market in Murfreesboro and Middle Tennessee! Just  Click here to do an MLS Property Search or give me a call and I’ll do the work for you!

Office Phone: (615) 896-4040 | Cell Phone: (615) 507-9349 | E-mail Jackie

True Real Estate professionalism is an ever-changing art in our correcting Real Estate market. We are truly fortunate to be in a changed but healthy market here in Middle Tennessee, and I pride myself on being on the cutting edge of the technology, trends, and changes that we face in the Real
Estate industry currently.

I am in constant communication with my buyers and sellers, and utilize the many tools at my disposal to effectively market my listings, and search for my buyers. I run my business as a high energy, heavily connected, technology-driven entity that has proven to be remarkably effective even as
our market continues to correct its self.

Though I use technology to market my properties, I market my self primarily through referrals. Referrals are the highest compliment of a job well done.

Professional Organizations:
Middle Tennessee Association of Realtors, Tennessee Association of Realtors, National Association of Realtors

Accredidations/Awards:
2007 Rookie of the Year Award
2007 Silver Award in Sales

Education/Licensing:
I hold a bachelor’s degree in Mass Communications, with an emphasis in Graphic Communications, as well as my affiliate broker’s license in Real Estate.

Community Involvement:
* Coach Indoor Soccer, Basketball, JR Pro Cheerleading for all age groups 
* Donate a percentage of each transaction to the Make-A-Wish Foundation
* Active in charitable walks/runs benefiting AIDS, Cancer, and Child Advocacy
* Member of the Chamber of Commerce in Rutherford County

Office Phone: (615) 896-4040

Cell Phone: (615) 507-9349

Fax Number: (615) 523-8787

E-mail Jackie Hogencamp

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