Sept. 12, 2017

September News + Steps to Home Buying

Many of us are seeing a some softening in certain areas of town, and in certain price points, but you wouldn't really know it from these numbers. Stats for August are as follows.

Davidson County

Home sales prices in Nashville and Davidson County continued climbing through the summer.

The total number of units sold in August were up 3% while average home sales prices were up 15% from last year.

There were 1,825 home sales recorded for the month averaging $326,156 compared to 1,779 sales recorded in August 2016 averaging $282,520. 

Median home sale prices were up 15% from last year to $264,900 versus $230,000 last August.

Through the first eight months of 2017 the number of home sales recorded are up 1% and the average home sales price is up 9% from the same period of 2016.

Antioch (37013) had the most home sales for the month with 206 recorded averaging $204,077.  

Green Hills (37215) recorded the highest average sales price for the month of $723,533 across 85 sales.

Home sales over $1 million were up 57% from August 2016 with 47 recorded compared to 30 recorded last year. 

 

Williamson County

August home sales were up 1% with 710 sales recorded for the month compared to 701 recorded in August 2016.

The average home sales price was up 10% to $524,088. The median sales price was $453,840, up 9% from last year.

Year-to-date the number of units sold is up 1% and average home sales prices are up 6% compared to the same period of 2016.

Franklin West (37064) had the most home sales for the month with 196 sales recorded averaging $514,918.

Brentwood (37027) had the highest average sales price of $750,502 across 118 sales.

Home sales over $1 million were up 57% from last year with 44 recorded for the month compared to 28 recorded in August 2016.

 

* * * * * * * * * * 

Buying a home for the first time can be very intimidating, and sometimes it makes more sense with a fun graphic, right? When do I get an inspection - before I make an offer? I made this flow chart to map out the main points in the process. I've added it to my buyer's page.

 

I'm sorry, but I'm not ready for pumpkin spice everything just yet. The cooler air has me thinking in that direction, but I guess I'm clinging to the last of Summer. I made this ricotta gnocchi the other day, and it was a great bridge meal towards Autumn. Ricotta gnocchi is SO much faster and easier to make than traditional potato gnocchi, so it's a good choice when you don't have hours to spend preparing. I chose to make a rosemary and sage brown butter instead of a red sauce, with a few sautéed veggies thrown in. I didn't take a photo, but this is similar. Throw in the last cocktail tomatoes of the season into the pan to sauté, and toss with the gnocchi for a late Summer treat.

photo by Proud Italian Cook

 

This weekend is one of our favorite events of the year, the Music City Food + Wine Festival. Hopefully I'll get great new ideas from all the chefs to share with you! 

Until next time!

 

* My business is built on referrals, so if you know anyone looking to buy or sell, please send them my way!

 

 

 

Aug. 1, 2017

August News + Multiple Offer Strategies

I didn't do a newsletter in July, since so many of us are on the go, avoiding screens, and enjoying Summer! I have the market numbers for July, which are still marking increases over the same time last year.

Davidson County

The total number of units sold in July were up 1% while average home sales prices were up 7% from last year.

There were 1,657 home sales recorded for the month averaging $317,400 compared to 1,638 sales recorded in July 2016 averaging $297,242. 

Median home sale prices were up 6% from last year to $260,000 versus $245,000 last July.

Through the first half of 2017 the number of home sales recorded are up 1% and the average home sales price is up 8% from the same period of 2016.

Antioch (37013) had the most home sales for the month with 186 recorded averaging $198,535.  

Oak Hill (37220) recorded the highest average sales price for the month of $676,327 across 24 sales.

 

Williamson County

July home sales were down 5% with 656 sales recorded for the month compared to 687 recorded in July 2016.

The average home sales price was up 7% to $506,287. The median sales price was $450,000, up 5% from last year.

Franklin West (37064) had the most home sales for the month with 181 sales recorded averaging $495,345.

Bellevue (37221) had the highest average sales price of $86,400 across 5 sales.

 

Bidding Wars

While we are still in a competitive seller's market, there are strategies to win in multiple offer situations that don't always involve coming in with the highest bid. I discuss this in a guest post for Two Men and A Truck over HERE.

 

Food and Fun

Tomato Art Fest was this past weekend, and I've been eating my fair share. Here are the next two recipes I want to make. I'm tired of Caprese Salad!

Tomato Phyllo Tart with Cheddar, from Edible Nashville

 

Caramelized Tomato Tarte Tatin, from the New York Times

 

Maybe I'll make one of these for eclipse viewing? We'll have family and friends in town for the big event.

Do you have your glasses? I'm hearing a lot of places are sold out, but here are some options where you can still get glasses. Please be safe, and enjoy a wonderful event that we will remember for years to come. Lets hope it's not cloudy!

Until next time!

 

 

* My business is built on referrals, so if you know anyone looking to buy or sell, please send them my way!

 

June 15, 2017

June Newsletter + Maker Markets

School's Out, Summer is here, and it's a busy time in Nashville! This month we note the strongest May market on record, an artisan bonanza, and an easy Summer salad.

Davidson County

Home sales in Nashville and Davidson County heated up in May as sales prices continue to climb.

The total number of units sold in May were up 4% and average home sales prices were up 9% from last year.

There were 1,773 home sales recorded for the month averaging $318,430 compared to 1,708 sales recorded in May 2016 averaging $292,767. 

Median home sale prices were up 9% from last year to $261,000 versus $238,900 last May.

Through the first five months of 2017 the number of home sales recorded are up 3% and the average home sales price is up 9% from the same period of 2016.

Antioch (37013) had the most home sales for the month with 167 recorded averaging $191,058.  

Belle Meade/West End (37205) recorded the highest average sales price for the month of $681,526 across 89 sales.

Williamson County

May home sales were up 2% with 652 sales recorded for the month compared to 641 recorded in May 2016.

The average home sales price was up 15% to $524,903. The median sales price was $450,562, up 10% from last year.

Franklin West (37064) had the most home sales for the month with 184 sales recorded averaging $513,325.

College Grove (37046) had the highest average sales price of $889,647 across 11 sales.

 

There are a lot of Robert Anderson designed homes on the market right now, and this special home in Franklin is ready for its new owner! Lush landscaping and mature trees frame this brick home with a sophisticated, stylish interior. Contact me for details. 

 

*  *  *  *  *  *  *  *  *  *  

For those interested in the artisan maker scene - this is the weekend for you! Both the Porter Flea Summer Market and the American Artisan Festival are being held, so this is your chance to get a jump on holiday shopping, or treat yourself to something unique. 

 

 *  *  *  *  *  *  *  *  *  *  

My Favorite Summer Salad 

When the heat soars, and watermelon and cucumbers are plentiful, I make this salad that fills you up, cools you off and even quenches your thirst.

It couldn't be simpler:

2 cups diced cucumbers

2 cups diced watermelon

1/2 cup chopped mint

1/4 cup crumbled feta

2 tablespoons white balsamic vinegar

Salt to taste

Mix it all together, and enjoy!

 

 

May 9, 2017

May News, Bohemian Franklin, and a Cricket Match


Good morning! Monthly stats, bohemian vibes in Franklin, and a cricket match are the highlights for this month! As always, let's do the numbers first.

Davidson County

The number of home sales in Nashville and Davidson County fell for the first time in 2017, while average sales prices continue to climb.

The total number of units sold in April were down 9% and average home sales prices were up 7% from last year.

There were 1,437 home sales recorded for the month averaging $303,923 compared to 1,574 sales recorded in April 2016 averaging $282,891. 

Median home sale prices were up 11% from last year to $249,900 versus $225,000 last April.

Through the first four months of 2017 the number of home sales recorded are up 3% and the average home sales price is up 9% from the same period of 2016.

Antioch (37013) had the most home sales for the month with 170 recorded averaging $190,549.  

Belle Meade/West End (37205) recorded the highest average sales price for the month of $637,300 across 55 sales.

 

Williamson County

April home sales were down slightly, by 1%, with 545 sales recorded for the month compared to 551 recorded in April 2016.

The average home sales price was up 1% to $461,244. The median sales price was $425,000, up 5% from last year.

Franklin West (37064) had the most home sales for the month with 158 sales recorded averaging $451,565. (SIDE NOTE: The extension of Mack Hatcher is expected to drive up the prices in Franklin West. More HERE.)

Brentwood (37027) had the highest average sales price of $727,429 across 69 sales.

 

 

*  *  *  *  *  *  *  *  *  *  

How do you get that urban bohemian vibe, and still have a Franklin Special School District education for the kids? You come see the new listing at 480 Forrest Park Circle in Franklin! Priced under $500k at $497,900, this home has room to spare at 3447 sf, with 4 bedrooms and 2 and a half baths. A huge bonus room upstairs, and a private office/library downstairs keep work and play separated. Open House date TBD in the next couple of weeks. More photos HERE. 

 

 

*  *  *  *  *  *  *  *  *  *  

 

If you are looking for something different to do this Mother's Day, I have got something fun for you!

For the past 20 years, there has been a reunion of sorts on a makeshift cricket oval at Pontotoc Farm in Williamson County. Players make the trek from England to play their Nashville friends (mostly expats) in an annual match. My husband Andy has dusted off his cricket whites, and played the past 2 years, and we extend an invitation to all to come out for an hour, or the whole afternoon to see the match. No need to understand the rules, just enjoy the atmosphere!

I provide the cucumber sandwiches for the players tea, and I always make a few extra to share with those who drop in, so come and get your British culture for the week in a pastoral setting. Details are below - hope to see you there! 

 

 

 

Recipe for the classic cucumber sandwich - nothing more refreshing on a warm day! 

Cucumber Sandwiches

1 English cucumber, peeled and thinly sliced

2 Tbs (30 ml) malt or cider vinegar

1/2 tsp (2 ml) salt

Thinly sliced bread (Pepperidge Farm Very Thin)

Butter (I like Kerrygold)

 

Toss the sliced cucumber with the vinegar and salt, and let sit in a colander at room temperature for 30 minutes. For each sandwich, spread the butter sparingly on both sides of two pieces of bread. Pat the cucumber slices dry with paper towels and place a layer or two on one of the slices of bread. Top with the other slice of bread and trim off the crusts. Cut diagonally into four triangles.

 

I keep them chilled and wrapped in a tray under plastic until ready to serve.

Enjoy!

April 5, 2017

April Newsletter + Did You Know?

Hello! This month, we have our monthly stats, (no slowdown yet) some FAQs/refresher tips on first time home buying, and a Spring recipe to get us in the spirit of the season amid the green pollen film currently falling all over EVERYTHING.

 

Davidson County

Home sales in Nashville and Davidson County continue climbing.

The total number of units sold in March were up 7% and average home sales prices were up 9% from last year.

There were 1,538 home sales recorded for the month averaging $293,671 compared to 1,435 sales recorded in March 2016 averaging $268,316. 

Median home sale prices were up 11% from last year to $238,000 versus $215,000 last March.

Through the first quarter of 2017 the number of home sales recorded are up 8% and the average home sales price is up 10% from Q1 2016.

Antioch (37013) had the most home sales for the month with 179 recorded averaging $184,751.  

Green Hills (37215) recorded the highest average sales price for the month of $781,910 across 64 sales. 

 

Williamson County

Home sales were up 8% with 523 sales recorded for the month compared to 483 recorded in March 2016.

The average home sales price was up 5% to $485,746. The median sales price was $420,000, up 1% from last year.

Franklin West (37064) had the most home sales for the month with 158 sales recorded averaging $445,321.

Brentwood (37027) had the highest average sales price of $862,648 across 69 sales.

 

* * * * * * * * * *

 

It's easy to forget what we DIDN'T know about the home buying process when we were first starting out. In an effort to combat common misconceptions, and keep us up to date on what may be new information due to changes in the laws, I've created a page called "Did You Know?"

A few examples of what I address are:

DYK? You do not have to have 20% down payment to purchase a home. There are government loans such as THDA that provide down payment assistance, and with good credit, you may qualify for a conventional loan with only 3% down.

DYK? The onsite agent at a new construction development is not an agent working for you - they represent the builder. If you a view a home with them, they often require a buyer to sign that they will not use their own representation. Call your agent to accompany you to the build site, or you will have compromised your negotiating power and ability to have your own representation.

DYK? Your Realtor can show you any property that is available for sale, not just their own listings! Once upon a time, in a land far, far away, some agents had territories, and geographical restrictions in certain markets. Today your buyers agent can show you any property that is for sale in your market.

 

* * * * * * * * * * 

 

Spring means tender, thin asparagus is one of the best things you can get at the store, so I plan to make this next, which would also make a great brunch dish. Egg and asparagus pair perfectly, and it's easy too!

Recipe is here.

Plus, if you're like me, just roasted or grilled is good enough, but a nice sauce might punch it up a bit. Try these!

 

 

March 7, 2017

March 2017 Newsletter

The market stats for February show continued growth in Nashville and surrounding areas. The jump in $1 million plus sales in Williamson County vs. 2016 is notable, with new construction accounting for some of these gains.

 

Davidson County

While the total units sold in February were down 9%, average home sales prices were up 11% from last year.

There were 920 home sales recorded averaging $294,627 compared to 1,015 sales recorded in February 2016 averaging $264,497. 

Median home sale prices were up 15% from last year to $236,000 versus $205,000 last February.

Antioch (37013) had the most home sales for the month with 107 recorded averaging $194,970.  

Oak Hill (37220) recorded the highest average sales price for the month of $1,306,160 across 5 sales.

Home sales over $1 million were up 18% from February 2016 with 20 recorded compared to 17 recorded last year.

 

Williamson County

Home sales were up 10% with 376 sales recorded for the month compared to 343 recorded in February 2016.

The average home sales price was up 8% to $461,226. The median sales price was $424,900, up 8% from last year.

Franklin West (37064) had the most home sales for the month with 117 sales recorded averaging $451,530.

Brentwood (37027) had the highest average sales price of $661,790 across 53 sales.

Home sales over $1 million were up 140% from last year with 12 recorded for the month compared to 5 recorded in February 2016.  

* * * * * * * * 

 

Photo by Carbine and Associates.

I was lucky enough to preview the House for Hope over the weekend, and encourage everyone to visit and tour the modern farmhouse designer showcase. Built by Carbine and Associates, with rooms designed by some great local talent, proceeds benefit various area children's charities, and there is a lot of beautiful eye candy to take in during the tour! 

You can see some of the snaps I took on my Instagram feed.

Tours are running through the 12th, and tickets are available HERE or at the gate.

 

 * * * * * * * * 

 

Because I'm a food nerd, I always like sharing something fun from the kitchen each month, and today I'm excited to share my take on "The 108" from the Clock Bar in San Francisco. I tested it out on a few willing takers as an aperitif before a meal of Indian food recently, so if you're a curry lover, I have your new cocktail!

This recipe will make a batch of 12-16 cocktails, depending on how generously you pour! 

  • For Maple Masala Syrup:

    8 ounces maple syrup

    24 ounces of water 

    3 ounces garam masala spice

     

  • For Cardamom Infused Gin:

    750 mL gin

    20 cracked green cardamom pods

    (Let gin steep with pods for 3 days)

  •  

    For Cocktail:

    1.5 ounces Old Raj Gin

    1 ounce maple masala syrup

    3/4 ounce cardamom infused gin

    1/2 ounce Lillet blanc

    Add all of the above into a cocktail shaker with ice, and pour into a chilled glass and top with

    1 ounce club soda, and garnish with a piece of star anise.

  • Enjoy!!

 

 

 

I'd love your referrals! If you know anyone looking to buy or sell, have them give me a shout!

 

Feb. 3, 2017

February 2017 Newsletter

Happy February! 

The Nashville market seems to be back in the swing of things already, as I have joked that January is the new March. The number of new listings each week has been climbing rapidly, with sellers hoping to beat out the glut of Spring activity and offer up their homes while there is less competition. Buyers are concerned about another rise in interest rates and want to lock in sooner rather than later. Davisdon County posted the best January on record, so it goes to show that here there isn't much of an off-season any more, as discussed here previously. 

January 2017 Market Stats

Davidson County: The number of home sales increased 13% from January 2016 with 1,091 recorded for the month compared to 967 last year.

The average price of a home increased 11% to $294,616 from $264,829 last January.

Median home sale prices were up 14% from last year to $240,000 versus $210,000 in January 2016.  

Antioch (37013) had the most home sales for the month with 131 recorded averaging $191,510.    

Green Hills (37215) recorded the highest average sales price for the month of $707,474 across 34 sales.

Williamson County: Home sales were up 9% with 345 sales recorded for the year compared to 318 recorded in January 2016.  

The average home sales price was down 2% to $442,871.

The median sales price was $412,440, up 2% from last year.  

Franklin West (37064) had the most home sales for the month with 88 sales recorded averaging $437,416.  

Arrington (37014) had the highest average sales price for the month of $601,986 across 6 sales.

*   *   *

Thank you to those who left a testimonial/review before the January 31st deadline and were entered to win a $100 Visa gift card! If you missed the announcement on my business Facebook page, the winner is.....

  

 

 J. T. !!  You will receive your card by the end of the week!

*   *   *

It can be easy to lose inspiration to cook in the Winter months, as we long for the abundance of fresh produce the warmer seasons bring, (cabbage anyone?) but one of my favorite ingredients in the world has just arrived in stores - blood oranges!

Not only are they beautiful, but to my palate, so much more delicious than a navel orange. They complement any meal with a fresh brightness not found in most Winter fare. I just made Mario Batali's Fennel and Blood Orange Salad, and it's a keeper. He has a complete video demo on the recipe here.

 

For brunch lovers, there is nothing simpler, or prettier, than a blood orange mimosa. A little blood orange juice topped with prosecco is refreshing and light for any time.

 

 

 

Until next time! 

Jan. 1, 2017

Happy New Year!

 

Happy 2017 everyone! I hope we are ready, because there's a lot ahead!

2016 closed with some interesting ebbs and flows in the market. While overall sales continued to be stronger over November/December of the previous year, there was a spike of closings in late November attributed to the impending rise in interest rates, and rise they did. Conversely, there was a significant drop in the sale of homes of $1 million or more over last year. 

What does this mean for home sales in 2017? No one really knows for sure, but higher interest rates and the newly built glut of apartments for rent would seem to indicate a slight correction in 2017,  but maintaining a strong market. I think the rents in many of these apartments are too high for the population that needs housing the most, but we'll see what that looks like as we get into the busy season.

It's also that time of year where the gym is crowded, and millions of people are on a diet or cleanse etc... to reboot for the coming months. Personally, I'm excited to try brewing Jun Tea as an alternative beverage that has great health benefits. By using honey from our own hives to brew it, I hope it will keep us all strong, and illness free this year! I'll let you know how it goes - I am gathering supplies this week to get started. If you're interested in the process, there is a tutorial and history HERE.

 

 

Now that Winter has decided to reappear, maybe we can get some exercise at the ice rink downtown without it getting too slushy? My kids are counting on snow to coincide with the first day of school, as they do every year. Some things never change.

Back to it, and I hope to see you soon!

 

Collyn

 

 

 
Nov. 14, 2016

November 2016 News

November is flying by. Thanksgiving seemed ages away, and now it's next week! Here are last month's numbers, a pop up flea market, and my new favorite side dish for Thanksgiving.

Davidson County October 2016

Home sales were down 3% for the month with 1,460 sales recorded compared to 1,503 recorded in October of last year. 

Average sales prices were up 15% to $298,707 from $260,317 last October. Year-to-date home sales are up 1% and average sales prices are up 9% from the same period last year.

Antioch (37013) had the most home sales for the month with 179 recorded averaging $184,936 and Oak Hill (37220) had the highest average sales price of $649,921 across 9 sales.

There were 338 condo sales recorded for the month averaging $428,062.

Home sales over $1 million were up 44% from last October with 33 recorded for the month, compared to 23 recorded last year. 

 

Williamson County October 2016

Home sales were up 7% with 590 sales recorded for the month compared to 554 recorded last October.

The average sale price was up 5% to $468,042. The median sales price was $416,000.

Year-to-date home sales are up 2% and average sales prices are up 7% from the same period in 2015.

Franklin West (37064) had the most home sales for the month with 158 sales recorded averaging $448,005 and Arrington (37014) had the highest average sales price of $758,921 across 5 sales.

Home sales over $1 million were up 24% from last year with 21 recorded for the month, compared to 17 recorded last October.

----------

I love a good flea market, and this weekend we have a newcomer to town, The Big Flea & Antiques Market. I'll let you know how it is. Thanksgiving weekend, our regular Nashville Flea Market at the Fairgrounds will be returning, so we get back to back market weekends!

---------

We are hosting Thanksgiving in Nashville for the first time since we moved here 8 years ago, so plans are afoot and I've been researching recipes. Today, I'm sharing an old favorite. If you aren't a big fan of sugary, gooey, marshmallow sweet potatoes, I've got a dish for you. Savory Carrot Soufflé. It's pretty easy, colorful, and quite tasty! Plus, no sugar added.

 

Savory Carrot Soufflé

serves 8

2 pounds carrots, peeled and cut into large pieces

1 teaspoon kosher salt

1/2 large onion, chopped

2 cloves garlic, chopped

2 tablespoons salted butter

salt to taste

1/4 teaspoon freshly-ground black pepper

1/8 teaspoon cayenne pepper

1 cup sharp cheddar cheese, shredded

3 large eggs, separated

 

Preheat the oven to 350 F. Butter a 2-quart casserole or soufflé dish and set aside.

Place the carrots in a large pot and cover with water; add about a teaspoon of salt. Bring to a boil over high heat and cook until the carrots are tender, about 10 minutes. Drain and transfer to the bowl of a food processor.

While the carrots are cooking, melt the butter in a small, heavy skillet over medium heat. Add the onion and cook, stirring frequently, until the onion is soft and nearly translucent, about 5 minutes. Add the garlic and cook one minute more. Remove from the heat, and add to the food processor with the carrots. Puree until smooth.

Using an electric mixer, beat the egg whites on high until stiff, but not dry. In a separate, small bowl, beat the egg yolks with a fork, or whisk until thick and lemon colored.

Transfer the carrot puree to a large mixing bowl. Stir in the salt, pepper, cayenne, cheese and beaten egg yolks until well-blended. Gently fold in the egg whites with a rubber or silicon spatula.

Scrape the carrot mixture into the dish and smooth with the spatula. Bake for 40 to 45 minutes, or until golden brown and slightly puffy. Serve immediately.

 

-------

There are lots of beautiful modern homes on the market right now! I update my home page several times a week to add new modernist listings as they come on the MLS, so check back to see what's new.

 

I hope everyone has a safe, and happy Thanksgiving! 

 

Oct. 12, 2016

October News, Alloy, and Barb

I did not manage to write a newsletter last month, as I have been working on a new website with better search capabilities, and re-branding with a new logo! I hope you like it. I'm still with Village, but purple was never my best color.

September Market Stats

Last month, Davidson County showed home sales were down 6% for the month with 1,528 sales recorded compared to 1,629 recorded in September of last year, but average sales prices were up 11% to $292,997 from $263,721 last September. Antioch recorded the highest volume of sales (188), and Oak Hill recorded the highest average sales price at $764,426.

Williamson County showed home sales were down 7% with 578 sales recorded for the month compared to 620 recorded last September, but the average sale price was up 10% to $466,547. The median sales price was $412,000. Franklin West had the highest volume (162), and Arrington had the highest average sales price at $736,533.

Development News

I talked a little about housing affordability concerns a few months back, and I'm happy to report that while there is still a lot of work to do in this area, we have a new project by Core Development and Village that will attempt to fill this vacuum. 

Alloy will be a multi-phase project that will eventually have both residential and live/work spaces available in the urban core. (Tech Hill is the new name for that area, Herron Drive off Nolensville Pike.) The first phase is 82 residential units, and prices will range from $185k-$325k in this pre-sale time period.

The Nolensville Road corridor aka NoRo will take Alloy residents into downtown in about 15 minutes, as it is just under 3 miles to Broadway. They are breaking ground and pre-sales have started this week. Completion of phase one is projected for September 2017.

 

Events, Misc.

Centennial Craft Fest is this weekend, as well as the Southern Festival of Books, and the final Grassy Knoll Movie Nights of the season, showing none other than the late Gene Wilder's Young Frankenstein/Fronkensteeen.

Halloween is just around the corner and I have a LOT of work to do. If I am to successfully pull off Barb from Stranger Things, I might need some help finding her outfit. Give me a shout if you happen across either of these tops!

 

 

Happy Autumn!