What $1,000,000 Buys You In Major US Cities
Here's a cool article I stumbled upon today. According to Slate, a million bucks will buy you about 1500 square feet in San Francisco. In Nashville you can get just over 8100 square feet. In Detroit you can get 83,333 feet - oh my! Check out the newest $1,000,000+...
How a 1% increase in interest rates will affect your mortgage.
I'm loving this cool infographic from Zillow. Today interest rates are hovering in the mid-4% range. Last year they were in the mid-3%-ish range. We are expected to crest 5% by the end of 2014 and perhaps even 6% in 2015. The long-term historic average is in the...
Real Estate’s Economic Forecast
2013 was a pretty great year for real estate, with 5.1 million home sales it was the strongest year in real estate since 2007. So good in fact, that the housing market is helping to drive the economy forward from the recession. This is certainly true for the Nashville...
Introducing the Park at Melrose Heights. Truly Affordable InTown Flats.
The words "affordable" and "urban condo" don't usually show up in the same sentence but there is a truly affordable complex of condos at 410 Rosedale Ave. near Nolensville Pk. called the Park at Melrose Heights. Community Amenities Include: Fitness center Pool...
“Is that home under contract?”
Your time is valuable. Why spend precious time considering homes that are already spoken for? If you've been looking at real estate online for any length of time you will have realized that it's pretty darn difficult to tell if a home is already under contract (but...
KW 2013 Market Navigator for Buyers
KW Market Navigator 2013 - Buyers
Will The Gulch’s Twelve Twelve Building Go Condo? Prelim Reservations Available Now.
The super high-end Twelve Twelve building which is now under construction in the Gulch is considering making a move from apartments to condominiums according to the Nashville Post. Last week the building's co-developer Ray Hensler began taking non-binding...
FHA Decreases Loan Limits in Middle Tennessee
FHA recently changed their upper loan limits for mortgages in Middle Tennessee. $393,300 for a single family home $503,500 for duplexes $608,600 for triplexes $756,350 quad development This limits are slightly lower than previous limits and are in effect for the...
Fun Home Buyer Infographic
Thanks to Market Leader for providing this fun infographic on the home buying process. Looking to get started, but not sure where to begin? We'd be happy to do a quick no-obligation consult via phone, Skype or over coffee. Need a lender to start the pre-appoval...
Just Listed in Normandy Heights, Mt Juliet
158 Normandy Drive in Mt. Juliet, Tennessee is 3024 square feet of gorgeous, renovated space in Normandy Heights. Constructed in 2008, this home is by far a better value that the new homes,
Mortgage Interest Rate Predictions
Last week, the Mortgage Bankers Association released its predictions for rates and loan originations in 2014 and 2015. Jay Brinkmann, MBA's Chief Economist and Senior Vice President for Research and Education, released the following statement highlighting key points...
8 Amazing Waterfront Homes Around Nashville
Check out these 8 spectacular homes that are right in our backyard! For additional information on these listings, email us at [email protected]. Click on the listing to view more incredible photos! Wine cellars, guest houses & outdoor kitchens… need I...
Downtown Nashville Residential Report 2013
If you are interested in downtown real estate, you must check out the newest Urban Residential Report from the Downtown Partnership. Of note is the complete lack of new condominium builder inventory. New rental buildings continue to go up, and occupancy rates are...
The Case for Giving Loyalty to your Buyer’s Agent
Have you ever given only part of your attention to a project and gotten lackluster results? Might you have given it your full attention if you were assured of a reward upon successful completion? Well, that is kind of how real estate works. All agents WANT your...
Fannie Mae To Increase Down Payment Requirements from 3% to 5%
This just in... An update to Fannie Mae's Desktop Underwriting (DU) system, scheduled to take effect on Nov. 16, includes an option that allows the system to ignore foreclosure information on a credit report if a pre-foreclosure sale is also documented. While this...
DIY Pest Prevention
Loving this infographic from BobVilla.com on DIY Pest Prevention Ideas. Do you have any tips to add?
Credit Scoring
The following was excerpted from a CRS finance class I took a few years back: Part I: Good Credit Translates into Lower Rates for the Consumer In the 1960s, Fair Isaac Corporation started working on a system lenders could use to evaluate the likelihood of receiving...
Steps to Selling Your Nashville Home
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A New Craftsman-Style Community is Coming to Salemtown/Germantown!
Salemtown Cottages, comprised of 24, 3 bedroom, single-family homes in the heart of Salemtown/Germantown, is only a short distance to Downtown Nashville, shopping, some of the city’s best restaurants and more. Ranging in size from 1450-1750 square feet, each...
Can I Break A Buyer Representation Agreement With My Current Agent?
[SOURCE: TAR's Legal & Ethics Hot Line Attorneys] QUESTION: We have an agent that showed a buyer a property. Afterwards, we learned the buyer had signed a buyer's rep agreement with another agent; however, the buyer does not want to use that other agent. Is there...