Market stats for last month are out and as the third quarter rounds out – there is a 4% increase in sales year to date. While other markets are seeing a more pronounced softening, the Nashville market is still very strong. Mortgage rates are still low, and despite consumers using a bit more caution, they … Continue Reading
I know, it’s been a minute since I last updated you. The Nashville market is still strong despite some recent economic indicators that things might be shifting over the next 18 months. If that indeed comes to pass, I think Nashville’s low unemployment rate will help us weather changes better than other markets. July numbers … Continue Reading
How’s the market in the metropolitan Nashville area? Still hot. The good news for buyers is that the inventory is up, allowing them more choices, and less of what I call the “thunderdome” experience in bidding on properties. It was record breaking month in the number of sales, prices are up vs last year, and … Continue Reading
Finally, some warmer weather to kick us into Spring mode! The market is heating up too… once again showing a steady increase over last year’s numbers. For more details, click HERE. Exciting things are coming up around town. I must mention an event that is near and dear to me since I volunteer with the … Continue Reading
I hope everyone had a happy holiday season and new year! For those who might not have heard, VILLAGE was bought in the first weeks of the new year by a team of former VILLAGE agents. More about the announcement and our new leadership team is here. There are already some exciting new improvements being made … Continue Reading
October Market Data for the Greater Nashville Area, (includes Davidson, Cheatham, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson counties) is HERE. I didn’t get a post out last month, so the September stats are HERE. So what does it all mean? Still strong! An increase in inventory means we are finally seeing a more balanced market. … Continue Reading
Market Data for the Greater Nashville Area, (includes Davidson, Cheatham, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson counties) is HERE. Prices continue to rise, and currently we are seeing a 7% increase in the residential median sales price over 2017. Condominium median sales prices are up nearly 10% over last year. So what’s … Continue Reading
It’s been a busy Summer, and June just flashed past, so I’ve combined May and June newsletters to a Summer edition. Let’s call it efficiency! Market Data for the Greater Nashville Area, (includes Davidson, Cheatham, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson counties) shows the market is correcting and stabilizing. Detailed infographic data is … Continue Reading
While April’s numbers are strong, the tight inventory is still creating a lot of tension in the market. New construction sales are still outpacing resale homes. Davidson county stats are here. Williamson county stats are here.
Multiple Spring breaks are over, so I expect April numbers to jump a fair bit. March was already picking up steam despite the school holidays, yet buyers still felt a slowdown of new listings. Market stats for Davidson County are here, Williamson County are here.