About Dyer County, TN

About a year ago, I took my flip video camera out to Dyersburg's Lakewood community and shot some video of the lakes.

There are 5 lakes at lakewood with the largest one several acres in size. That lake connects to another lake almost as large.

I edited on Mixpo several of the videos but that platform has disappeared so now I have resubmitted 3 of those videos to Youtube and these are now available on my lakewood blog over on the right side.

Dyersburg's Lakewood is a great place to live and enjoy the outdoors. My secretary and her husband(my best friend) live in Lakewood and have my family over often to cook-out and fish.

Currently there is a fantastic buy on a foreclosure at Lakewood that is a 5 bedroom 3 bath. This home is located on one of the smaller lakes. This house is priced at $142,500.

To see other Lakewood houses for sale just click on this search Dyersburg lakewood link.

Pine Hill Subdivision or more formally called Pine Hill Estates is a mid range priced subdivision in Newbern,Tn only about 8 miles northeast of Dyersburg Tennessee.

This is a beautiful fairly new subdivision where house values range from $100,000 up to $165,000.

Currently, I believe there are about 4-5 homes for sale(as of today) in this area with one of them being new construction. To search for homes for sale in Pine Hill Subdivision just click this Pine Hill Subdivision link.

Carousel Realty just closed the sale on a home at 900 Sugar Pine for a purchase price of $127,000. This is a 3 bedroom 2 bath home, 1406' heated and cooled area with a two car garage built in 1998. That picture is up above.

The new home under construction has 1351' heated and cooled area, a 2 car garage, LOW-e glass windows, blown in insulation in walls and ceiling and a great floor plan. I will replace the pictures down below in a couple of weeks when we will be 6 weeks from completion. Now is the time to start picking out colors and carpet.

Carousel Realty has the new house listed and has sold many homes in Pine Hills Subdivision Newbern.

If you are looking for a newer subdivision in this price range and close to Dyersburg then this is the place for your family.

Are you moving to the Dyersburg area and need a rental? You have come to the right place. Carousel Realty and Frazier Properties have over 80 residential rental units.

We offer short term rentals and long term rentals. The agents at Carousel Realty have at their disposal the ability to get their clients into one of these rental units for a short term while they search for a home to purchase.

Perhaps you are moving to the Dyersburg Tn area for a period of 1-3 years and never plan to purchase. We also have you covered.

Although we have several rental houses that do come open occasionally, most of our availability is in our apartment complexes Laurenwood Apartments and Twin Oaks apartments. Both of these complexes are down the street from the Dyersburg hospital.

Laurenwood has (16) 2 br 1.5 ba apts complete with washer and dryer hook-ups and either balcony decks or patios.

Twin Oaks has (40)2 br 1.5 ba apts and (4)1 br 1 ba apts and all are complete with washer and dryer hook-ups and either decks or patios.

If you want to check out availability, click here or call our office at 731-285-2277.

The news today stated that many are leaving states such as California because of the heavy tax burden placed on residents.

I would like to personally invite those people to the state of Tennessee because we have no state income tax and the cost of living is one of the best in the country. I would like to encourage you to move to west Tennessee and specifically to Dyersburg,Tennessee.

If you are looking for good schools, good doctors and hospital, accessibility to shopping, great churches and great people then look no further than Dyersburg,Tennessee. Our crime rate is low and community leaders are always looking for ways to improve our community.

Perhaps you are a Realtor looking for a place to move and get started again selling real estate. Look no further than Carousel Realty in Dyersburg,Tennessee. We are busy helping people like you relocate to our area and are always needing to hire more agents to help us.

It appears that the real estate market in Dyersburg,Tennessee is starting to turn. I pulled the MLS data that compared Jan 1 - July 9th 2008 to Jan 1 - July 9th 2009.

Single Family Homes

Quantity sold 09 (108) vs 08 (189)

Volume sold 09 ($11,311,050) vs 08 ($20,971,729)

Average sales price 09 ($104,731) vs 08 ($110,961) median sales price 09 ($89,450) vs 08 ($95,000)

Quantity active 09 (490 listings) vs 08 (644 listings)

From just these numbers the number of single family homes sales have dropped from last year by 81units

Average sales price has dropped from last year by6%

The number of active listings has also dropped.

From all appearances 09 has been pretty dismal (except for new listings) compared to 08. However, since we have been so busy the last few weeks, I pulled data for April 1 - July 9 09 verses same period in 08.

Average sales price 09 $108,936 vs 08 $108,853 median sales price 09 ($97,725) vs 08 ($93,000)

Most housing analysts judge the direction of the real estate market by the median sales price. The median sales price is the midpoint between the most expensive house and the least expensive house sold in an area during a specific time. The midpoint of theprice of homes-equal number of properties sold above the median price as the number of properties sold below the median price. The Median Sales Price is often used as an indicator of the strength and direction of the real estate market.

Looking at all of 09 verses all of 08 the median price dropped from $95,000 to $89,450

Looking at April 1, 2009 to July 9th, 2009 the median price has increased from $93,000 to $97,725

I really believe the Dyersburg real estate market has turned the corner and is headed back up!