What if interest rates and home values go up?
Love this fun new image from KCM. If rates and values increase this year as projected, homes will be less and less affordable - especially for first time buyers. Are you thinking of taking the plunge in 2015? We'd love to talk with you about a smart home buying plan....
Changing Nashville Demographics
There is no doubt that urban renewal and gentrification are changing the face of Nashville demographics. As Realtors who abide by a strict Code of Ethics, we are not allowed to comment many things. Fair Housing Laws prevent us from steering people away from or toward...
Homes Are Selling In Nashville So Fast. What Are My Options As A Seller?
Answer: The Nashville market is definitely hot. Multiple offers...
Conforming Loan Limits to Increase in Nashville in 2015
For years the most you could finance conventionally in Nashville (without having to use a Jumbo loan product) was $417,000. Fannie Mae and Freddie Mac are both raising their limits for the mid-state area to $425,000 starting in 2015. This will include Davidson County...
Think Your Home Owner Insurance Has You Covered?
In Nashville, we aren't likely to be hit by an earthquake, but you never know... we ARE near a fault line. Sink holes, tornados, and floods are far more common in this area. But Homeowner's Insurance isn't always the solution. Zillow recently published a great article...
East Nashville Neighborhood Map
Neighborhood boundaries in Nashville aren't very well-defined. In some areas like Donelson or Hermitage, a zip code may define your hood, but on the east side it can come all the way down to the street level. I created this East Nashville neighborhood map in Google so...
5 Financial Benefits of Owning A Home
There are many, many financial benefits to owning a home - especially in Nashville. Our market is one of the strongest in the entire country. And there are no apparent signs of slowdown in our future. New construction, especially in our urban rental markets is...
Increasing the Value of Your Home
When prepping a home for market, sellers often have the same question - How Can I Maximize My Profit? Because all homes are different, it can be a challenging question. As a seller, are you willing to invest money into renovations first? Or would you prefer to work...
Why did you buy that home?
Here are some really cool stats on how Americans are using the real estate they purchase (to live in, to rent out, or to vacation in). It's interesting to see how the great recession affected investments and second homes... Source: Keeping Current Matters In...
Nashville Home Prices Remain Stable.
According to GNAR there were 3,258 home closings reported for the month of July. Year-to-date closings for the Greater Nashville area are 18,594. That is an increase of 3.2 percent from the 18,010 closings reported through July 2013. “The Greater Nashville area...
![[HOT LINE] Email Acceptance of an Offer?](https://nestinginnashville.com/wp-content/uploads/2013/10/tennessee-realtor-logo.jpg){kind=logo}
[HOT LINE] Email Acceptance of an Offer?
The recent Tennessee Association of Realtors Newsletter had in interesting Hot Line article. I've run into this question in the past. The answer may surprise you. Email Acceptance from the Agent? QUESTION: If an email is received from an agent stating their...
30 Year Interest Rate Chart
This chart from my friend Mark Neely over at CMG Financial really puts today's interest rates into perspective. If you are thinking about buying a home this year, contact Mark today.
![US Housing Stock by Age [infographic]](https://agentsteph77.wpengine.com/wp-content/uploads/2014/07/0714RM_infographic.jpg)
US Housing Stock by Age [infographic]
I love this infographic from AHS and Realtor.org depicting the age of US housing stock. I can't say for sure, but this feels pretty representative of Nashville housing stock as well. I actually think we'd have more in the 1940-1959 band (Donelson, Bellevue, West...
![[Infographic] What is Mortgage Preapproval?](https://nestinginnashville.com/wp-content/uploads/2011/12/NiN-square-final1.jpg)
[Infographic] What is Mortgage Preapproval?
If you are considering purchasing a home in Nashville anytime soon, you will need to have a mortgage pre-approval letter in hand at the time an offer is submitted. While it isn't technically required, sellers and listing agents will not take your offer seriously...
![Do you have 4 minutes? [video]](https://nestinginnashville.com/wp-content/uploads/2014/02/backups2.jpg)
Do you have 4 minutes? [video]
If you have a few minutes, we might be able to save you a little wheel-spinning in your next home search. We think you'll find our search experience far better than any other website - even those big national sites. Our data is accurate, fresh, and reliable. Here's...
Infographic: Why Is 20% Preferred for a Down Payment?
Buying a home? If you are, one of the very first questions you’ll need to answer is, “how much of a down payment should I make?” The answer: ideally, 20 percent. Granted, it’s not easy to save 20 percent of the home’s sale price for a down payment. In fact, saving for...
85 People Move to Nashville Every day.
According to CNN more than 30,000 people moved to Music City last year. A thriving music industry, a host of big healthcare employers and a burgeoning start-up scene have made Nashville a hotspot for several years. The city's famed Music Row, with its record...
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...