How Will Inflation Affect Nashville Real Estate?
How Does Inflation Affect Real Estate? Inflation, as you know, means your money is devalued. This can be alarming to many investors. The direct effects of inflation are obvious enough – increases in the cost of goods and services – but there are also many other...
America’s Hidden Flood Risk and Rising Insurance Costs
According to new calculations, the flood risk in the United States is far greater than current government estimates show. A recent study, according to Reuters, shows that U.S. flood insurance rates to rise for 77% of policyholders This could mean millions of...
Steph Discusses the Current Nashville Real Estate Market
It’s true that September closings in Middle Tennessee were down by 8% in September. So is the market cooling off? We sure don’t think so. Home value are still climbing and buyer demand still can’t be satisfied. In a recent video, Steph discsses recent market trends and her predictions for the foreseeable future.
Anatomy of a Listing Launch
We've found that potential sellers have a number of questions about the process of listing a home for sale, and many want to discuss the best strategy for getting the highest and best possible offers. While every home is unique and should be approached as so, here are...
What are the differences between Nashville and Davidson County?
When you hear statistics about Nashville, it can be hard to decipher exactly what is being reported on. Is the city? The county? The Midstate region? Greater Nashville?
Sample Homebot Report
Many of our clients have mentioned how much they love their monthly or quarterly HomeBot Digest. It's a tool we've invested in that we also personally find helpful. Below are stats from one of our investment rental properties. ⬇Click to enlarge⬇
What’s the Deal with Off Market & Pocket Listings?
I have a friend in Washington DC looking for a home for his new family, and he's been texting with me for some advice in choosing a Realtor. He was concerned that not going with a certain Realtor from a certain new large brokerage would mean he wouldn't be able to...
Why You Should Consider a Boutique Real Estate Brokerage
Why You Should Consider a Boutique Real Estate Brokerage Economists will tell you that a large business is often more efficient than a small business because of economies of scale. Those happen when you gain savings in the cost of doing business by having increased...
What’s an HPR? Horizontal Property Regime?
I once showed Sheryl Crow's road manager some homes in 12 South, as he was looking for a Nashville place with his partner. Sheryl joined us for showings halfway through with her young son, and we began talking about the neighborhood. She thought he should buy “one of...
Are Closing Costs Tax Deductible In Tennessee?
There are some great benefits that come with homeownership. Things like the ability to make improvements to your home increased wealth due to an increase in your home’s value through the years, and certain tax advantages. But what if you recently bought a home, are...
Single Female Homeownership is Increasing in Nashville
Homeownership among single women across the US is outpacing that of single men, despite earning significantly less than their male counterparts. Nationally, single women account for roughly 20% of home sales, compared to 13% for single men, and those numbers have been...
East Nashville’s Highview Flats & Cottages
We are smitten with the new community now being marketed by Village. Highview is centrally located atop E. Trinity Ln., at Ellington Parkway, just minutes from downtown and the hip vibes and East Nashville. This community will offer 88 modern flats starting in the...
Seven Socially Distanced Things To Do in Nashville
We all want to help others stay healthy. We want to ensure our hospitals don't become more overcrowded than they already are. We certainly want to make sure infection rates stay as low as possible until we all get vaccinated. That said, staying home is getting really...
How Do You Find the RIGHT Realtor For YOU?
Finding the right person to represent you in your real estate transaction is important. Being comfortable with your agent, and your agent's level of competence can take a good deal of stress out of the process, turning what might be a chore with the wrong...
Our 2021 Nashville Market Predictions 🏘️
Where We've Been; Where We're Going Looking back, 2020 was a doozy of a year for real estate. Even a pandemic couldn't slow down Nashville’s booming market. Homes in Nashville increased in value by an average of 10.2%, and the median price for a home crept up by 8.6%....
Affordable New Homes In Nashville
Housing affordability has become a huge concern in Nashville. This morning, while scouring the new listing hot sheets, I was encouraged to see several urban developments offering affordable price points for brand new construction. Axis27 is a luxury development being...
Why Does The Appraisal Process Take So Long?
Right now we are working on a transaction where the appraisal was ordered two weeks ago, but it still hasn't happened. What gives? It generally takes 30-45 days to move loan financing from contract to close. Part of the reason it takes so long is that the appraisal...
Why is the Nashville Real Estate Market Still Zooming During a Pandemic?
Nationally, home prices have mostly outpaced broader consumer inflation over the past decade. This is certainly the case in Nashville. From 2010 to mid-2020 the median home price rose 61% nationally. The key reason: steadily shrinking supply coupled with steadily...
DADUs in Nashville
Detached Accessory Dwelling UnitsDetached Accessory Dwelling Units or DADUs can be an extremely desirable feature in a home. Many buyers are willing to pay a premium to acquire a home with an existing income source as they may provide opportunities for extended family...
Title Insurance Reissue Credit Discount
In our area, the cost of title insurance is a negotiable item in the Tennessee Purchase & Sale Agreement. In other posts, we've discussed how to determine the cost of a policy, today we will talk about how to obtain a discount. If there is a policy currently in...