It’s been a rollercoaster in real estate the last few years, and this Spring has been no exception. As interest rates rose, many Buyers took a pause out of fear they would drop again pay too much. Then as they got used to the idea that 6.5% is actually not terrible, just not the bargain … Continue Reading
While some recent pundits have predicted all doom and gloom for the housing market, I think Nashville is still in a stronger position than other markets nationally. Why? Our job market is strong and people still want to live here. Nashville/Davidson/Murfreesboro/Columbia, TN Unemployment Rate is at 2.50%, compared to 2.80% last month and 3.10% last … Continue Reading
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 … Continue Reading
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 … Continue Reading
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.
Sometimes your best laid plans are disrupted, or there is an unexpected relocation. Regardless of the reason, there will always be buyers and sellers in Winter. While Spring and Summer are the high season for home sales, Winter transactions have their advantages. If you don’t mind a smaller pool of homes for sale, or moving … Continue Reading
What is TRID, and do I even care? As a buyer looking to purchase a home with financing after October 3rd 2015, this will affect you! TRID is an acronym for TILA (Truth in Lending Act), RESPA (Real Estate Settlement Procedures Act) Integrated Disclosure Rule. It combines existing disclosures with new requirements from the Dodd-Frank Act in … Continue Reading