Monthly Archives: February 2017
$15,000 Incentive Announced For Potential Nashville Homebuyers
The Tennessee Housing Development Agency (THDA) is offering $15,000 in down payment assistance to Great Choice-eligible homebuyers who purchase a home in targeted neighborhoods across the state that were hard hit by the downturn and have been slower to recover, through the Hardest Hit Fund Down Payment Assistance (HHF-DPA) program. By stimulating home sales in... Read More
The Great News About Rising Prices for Nashville Homeowners
Recently there has been a lot of talk about Nashville home prices and if they are accelerating too quickly. In some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise. The great news about rising prices,... Read More
Nashville Throwback Thursday: Where Did The Gulch Get Its Name?
The Gulch received its name from the literal geographic gulch that arcs through the south side of downtown. The neighborhood is bordered on the east by Eighth Avenue South and on the south and west by I-40/I-65. The Gulch’s northwestern border was Broadway, but recently many have deemed the “North Gulch” to continue northwest from... Read More
Buyer Demand Is Outpacing the Supply of Homes for Sale
The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply)... Read More