Monthly Archives: March 2017
It’s A Seller’s Market In Nashville. Is Now The Time To Downsize?
A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their houses in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many Nashville homeowners, as the majority of the country is currently experiencing a seller’s market. In a blog, Dave Ramsey, the... Read More
Nashville Throwback Thursday: The Sam Davis Hotel
Before the massive growth of downtown Nashville over the past decade, the Nashville skyline gained a 12 story addition in 1928 with the opening of the Sam Davis Hotel, which touted amenities like rooms with tub and a shower bath AND circulating ice water! To make way for the new convention center, it only took... Read More
4 Great Reasons To Buy In Nashville This Spring
Here are four great reasons to consider buying a home in Nashville today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 6.9% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.8%... Read More
What Are The Experts Saying About Nashville Mortgage Rates?
Mortgage interest rates have risen over the last few months and projections are that they will continue their upswing throughout 2017. What impact will this have on the Nashville housing market? Here is what the experts are saying: Laurie Goodman, Co-director of the Urban Institute’s Housing Finance Policy Center: “In 1984, 1994, 2000, and 2013,... Read More
Nashville Homes Sales Record Best February Since 2007 Recession
A seemingly early arrival of spring late last month helped to fuel the highest number of Nashville-area residential properties to change hands during February since the Great Recession in 2007. Last month’s 9.3 percent jump to 2,507 closings came despite 1,300 fewer properties being available on the Nashville market at the end of February versus a year ago. Locally, there’s only a 3.3-month supply... Read More