Archive for August of 2008

New Real Estate Listings

August 29, 2008
$ 146,900 Lebanon Split Level Home - 3 bedroom 3 bath 2000 sqft 0.24 acres

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New Real Estate Listings

August 16, 2008
$ 109,900 Lebanon Wonderful Neighborhood - 3 bedroom 2 bath 1315 sqft 0.28 acres

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Weekly Market Report 8-15-08

August 15, 2008
This report pertains to residential homes on less than 10 acres sold from Aug 8th to Aug 14th as reported by the Lebanon Board of Realtors MLS.

Over the last week there were 6 homes sold for a total of 862k. The average price of these homes was almost 144 thousand with the median price at 115K, these homes had an average time on the market of 150 days. There are currently 15 homes listed as under contract in the Lebanon MLS and those homes have an average price of 130,000.

Year to date there have been 171 homes sold, that’s down from last years 212 during the same time frame, the average price is 109 thousand dollars, down from last years 112.5K; the YTD volume of 18.7 million is under last years 23.8 million. Our average time on the market this year has been 141 days, that’s up some from last years 133 day average.

As of this morning there were 398 homes with less than 10 acres, listed with the Lebanon MLS compared to 325 last year in the same week. The average asking price is 147k with median asking price of just about 120; these homes have an average time on the market of 136 days.
With all the changes in the Real Estate Market Nationally we all know that the mortgage industry has made many changes. Many of these changes are good for our industry but some of them might hurt the good people they were intended for. Despite what you hear on the news it is still possible to buy a home for little or no money down. Working with the right lender is an important part of the process of buying a home and knowing your loan options are can be complex. A well qualified buyer still has many options and a good Realtor will be able to give you information about each of those options and refer you to lenders who can process your loan. If you are new to buying a home don’t be intimidated by the process, hire an experienced, full time, professional realtor and they will guide you through the details and ensure you have a full understanding of process.

New Real Estate Listings

August 15, 2008
$ 64,900 Lebanon Wooded Land w/ River Frontage - 9.74 acres

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New Real Estate Listings

August 15, 2008
$ 64,900 Lebanon Wooded Land w/ River Frontage - 9.74 acres

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New Real Estate Listings

August 14, 2008
$ 79,500 Lebanon Neat as a Pin! - 2 bedroom 1 bath 772 sqft 2 acres

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Market Report 8-1-08

August 01, 2008
This report pertains to residential homes on less than 10 acres sold from July 1st to July 31th as reported by the Lebanon Board of Realtors MLS.

Over the last month there were 28 homes sold for a total of 3.2 million. The average price of these homes was almost 114 thousand and the median price at 108K these homes had an average time on the market of 131 days. There are currently 14 homes listed as under contract in the Lebanon MLS and those homes have an average price of 118,000.

Year to date there have been 164 homes sold, that’s down from last years 198 during the same time frame, the average price is
108 thousand dollars, down from last years 112K; the YTD volume of 17.7 million is under last years 22.2 million. Our average time on the market this year has been 139 days, that’s up some from last years 134 day average.

As of this morning there were 389 homes with less than 10 acres, listed with the Lebanon MLS compared to 323 last year in the same week. The average asking price is 149k with median asking price of just about 124; these homes have an average time on the market of 133 days.

New Real Estate Listings

August 01, 2008
$ 399,900 Lebanon Beautiful Home on Over 3 Acres - 4 bedroom 4 bath 6759 sqft 3.26 acres

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