Music City Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

May 15, 2020

What are the most expensive neighborhoods in Nashville?

Nashville -- long recognized by and known for its lively music scene, honky-tonks, museums, full-scale replica of The Parthenon, and growing food scene, is quickly becoming the it city of the South. It's becoming more difficult to spot a native among all those who have decided to move to Nashville and make it home. Nearly 100 people move to Nashville every day. Why? For one, Nashville offers an undeniable charm. Along with that charm, comes a new and growing sense of luxury. This a beacon for many individuals and big-name companies.

No longer does one have to move to New York City or Los Angeles to enjoy the lap of luxury. As the average home sale price continues to climb in Nashville, we've complied a list of the areas with the highest priced homes in Metropolitan Davidson Country. Welcome to Nashville, the LA of the South.

1. Green Hills / Forest Hills

Photo credit Mansion Global

37215 2019 Average Sale Price $1,033,166

With an average sale price over one million, the Green Hills & Forest Hills area is the priciest pocket of Nashville to purchase a home in. Green Hills is home to many large, luxurious homes with much character. The area also sports a luxury shopping mall and many places to dine.

2. Belle Meade

Photo via Wikipedia

37205 2019 Average Sale Price $936,721

With an average sale price of around one million, Belle Meade is the second most expensive area of Nashville to purchase a home in. Situated right next to the Green Hills zip code, the area is filled with history, charm, and is tucked away from the hustle and bustle of the city life.

3. Oak Hill

Photo via TN State Parks

37220 2019 Average Sale Price $892,033

Located here are countless large, yet quaint homes. The neighborhood is also home to Radnor Lake State Park. In Oak Hill, you're just a short drive away from a peaceful water-front walk or a delicious meal in one of the nearby restaurants or coffee shops in 12 South -- the next area on the list.

4. 12 South

Photo via Nashville Guru

37204 2019 Average Sale Price $785,262

We move closer to the heart of Nashville for the remaining high-dollar neighborhoods in Music City. 12 South is home to lots of small boutique shops, restaurants, and large homes. While there are many adorable original homes in the area, good luck turning down a street without a modern tall-and-skinny on it. If you're looking for an area to live in that has got it all, 12 South is a winner.

5. Hillsboro

Photo via Nashville Guru

37212 2019 Average Sale Price $775,891

Not too far from 12 South, Hillsboro Village is a very similar area. All along the main strip of the neighborhood, 21st South, there are walkable restaurants, shops, cafes, and the iconic Belcourt Theatre. Hillsboro Village is sandwiched between two of Nashville's largest universities, Vanderbilt and Belmont.

Other neighborhoods quickly climbing in price

West End

37203 2019 Average Sale Price $574,634

The sixth most expensive area to purchase a home in Nashville is home to the urban areas of The Gulch, Edgehill, and West End.

East End

37206 2019 Average Sale Price $438,629

The seventh most expensive area to purchase a home in Nashville is the eclectic area of East Nashville.

Are you looking into selling your home? We can help you sell your home fast and at the highest price-point possible. Or, if you are interested in purchasing a home, there is never a wrong time to buy. Whatever your Nashville real estate need, one of our Experts would be so happy to help.

Say hey to us & let's see how we can assist you!

May 7, 2020

Things to know about Nashville

Are you thinking about moving to Nashville? If you are thinking about making the leap to Music City, there are a lot of things you should know! Although music is a big part of who we are, there is definitely much more to Nashville than music.

1. You're not the only one moving here.

Nashville is a really unique city. That's why you want to move here, right? So does everyone else. While we're not quite like San Francisco or Los Angeles, Nashville's population is nearing 700,000 and increases by about 100 people each day. You'll likely run into some competition for a home or apartment. There's obviously reason so many people are coming to us, -- we're super cool.

(PS, we definitely are the LA of the South.)

2. Fun sporting events.

Nashville has pro football, pro soccer, and pro hockey -- the Titans, Nashville SC, and the Predators. Our residents are obsessed! In addition to our professional teams, we have a minor league baseball team, the Nashville Sounds, that plays at First Tennessee Park. 

3. You will have to drive.

Nashville has made improvements to public transit, however our city is set up for drivers. It is pretty safe to plan on driving nearly everywhere. On the plus side, our roads are rather easy to learn, and it is relatively easy to get from one side of Nashville to the other. Just stay out of rush hour traffic and you'll be golden.

4. There is music everywhere.

You'll hear live music pouring out of restaurants and bars all over the city -- especially on Broadway. Plus, there are many venues to hear an amazing concert, too.  The Ryman Auditorium, Bridgestone Area, Marathon Music Works, Exit / In, and our outdoor venue -- Ascend Amphitheater. Just to name a few. And, there are multiple concerts every night!

5. Murals. Murals. Murals.

It seems like you find murals everywhere you turn in Nashville. They're so unique and popular with natives & tourists alike. If you're moving or just visiting, definitely check out some of the most popular ones.

6. We have jobs.

Unlike some cities in the US, with our growth, the Nashville area offers many jobs. Opportunities include big name employers like Bridgestone, Asurion, and Nissan are just a few.

7. It can be kinda (really) hot & cold.

Nashville summers can be rather brutal. Soaring temperatures with ultra-high humidity can make it feel a little bit like we're living on the equator. Then, on the other extreme, we can have long, cold, wet winters. It's nothing we can't handle, though. Our springs and falls are beautiful, and the benefits of Music City outweigh this little imperfection.

8. Expect some competition if you want to sing.

Many people move to Nashville for the sole purpose of getting into music. Naturally, there will be competition, and the music industry can be tough to get into. But, hey -- fortune favors the bold.

9. Google Fiber

Super fast internet probably will not make or break your decision to move to a new city, but it's still cool right? 

10. The food.

Nashville has a huge variety of restaurants to choose from, and they're all really good! There is something for whatever you are in the mood for. And, we're not only known for Southern comfort food  -- but also, hot chicken. Try it, you won't be disappointed.

11. The Parthenon

Located in Centennial Park, this is just one of the examples of what makes Nashville so unique. Where else can you find a replica of this ancient structure? Nowhere!

12. The parks.

There are many area parks, trails, and even lakes where you can take a stroll, kick back, and relax.

13. We're fun!

Simply put, Nashville is a fun, laid back city. Music City is continuing to grow more and more each day. Come join the fun!

Let Music City Experts help you find a new place to call home in Nashville! Give us a call, 615.815.1295 or reach out online.

Posted in Community News
April 23, 2020

What should I do before listing my home?

If you want your home to stand out in the Nashville real estate market, it only makes sense to look into what you should do before listing your home and consider if there are updates that might help boost your sale price and buyer traction. Did you know that it's usually little low-cost details that make a home more attractive to buyers?

Of course, your Music City Experts real estate agent will help guide you through the pre-listing process, but here are a few pre-listing tips to ensure that you get the most from your home's sale.

1. Get an inspection.

Although this isn't required, sellers sometimes decide to get a home inspection to avoid any unexpected hiccups during a transaction that could derail the sale of their home. This can be beneficial no matter the age of your home.

Benefits of a home inspection

Getting an inspection can help you make more informed decisions about any issues that are beyond just cosmetic. This can save you time during the transaction. If you're going to have to replace your roof before closing, wouldn't you rather get it over with?

Additionally, you'll know exactly what is in tip-top shape, so your real estate agent can market your property more effectively. Knowing the condition of your home can give you negotiation leverage, too.

2. Work on curb appeal.

Landscaping and Cosmetic Improvements

Landscaping is one of the first things to consider when trying to improve your home's curb appeal. Your real estate agent can help refer you to a trusted professional landscaper. If you have a green thumb, you should consider mowing your lawn regularly, trimming overgrown shrubs, planting more flowers, mulching and adding tasteful touches like a fountain or bird bath.

You can draw attention to your home by repainting or replacing your front door and by adding tasteful lighting an entryway or front of the home. Consider adding outdoor rugs or potted plants in visible areas to make your home feel more welcoming. If possible, you can try to hide any unsightly parts of the home like the HVAC unit or electric boxes.

Clean and Paint Faded Areas

You should also consider the cleanliness and and appearance of your home's exterior. If needed, pressure wash your home, decks and patios, driveway, and pathways. If there are any exterior touches, like shutters or siding, that are in need of a new paint job, repaint them with an in-style color that matches your home.

3. Do a deep clean.

Consider hiring a professional cleaner to do a deep clean of your home, including any carpets.

Pro tip! Sometimes, homes develop off-putting scents overtime from cooking, furry friends, smoking, and etc. Your Music City Experts real estate agent can help you decide if odor treatment will help you sell your home. Don't try and mask odors with candles or air fresheners. These tend to deter buyers even more when the underlying odor can still be detected.

4. Make minor low-cost improvements.

By making small, low-cost improvements, your potential buyers will be more likely to submit an offer for a higher price-point. You might try some of the following:

  • Replace cabinet hardware
  • Repaint cabinets
  • Repaint certain rooms and/or trim
  • Refinish hardwood floors

Our 2020 Home Design Trends blog can help you see what styles are "in."

5. Declutter and stage.

Staging a home is vital. Buyers not only have a difficult time envisioning themselves in an empty home, but also when the home has clutter, out-of-date furniture, or a bright purple living room.

To sell your home as fast as possible, you will need to get rid of or move excess clutter out of your home. Your Music City Experts real estate agent can also help you decide if repainting and professional staging is needed.

Have a home to sell? Let one of our experts help you out! I need a Nashville real estate agent.

Posted in Selling Your Home
April 22, 2020

Making Your Home Energy Efficient

Cooler weather is here in Tennessee! While it is definitely a welcomed change from the oppressive heat and humidity, the winter season can be costly if your home is not energy efficient. All of us can make small changes in our daily routines to be more eco-friendly, therefore keeping our energy bills low. In addition to the little things, there are some bigger changes that you can make to your home. Living in the era of technology, there are many advances and smart devices that make it easy to be more energy efficient. 

Read on to find out how you can make your home more energy efficient for colder weather and year round.

Easy, low-cost steps

Turn that thermostat down

While you're away from home, make sure you turn the thermostat down a few degrees. Even by taking the temperature down 3 to 5 degrees, you will notice a smaller electric bill. According to energy.gov, by lowering your thermostat 10 to 15 degrees while you aren't home, can save you 5% to 15% each year. 

While you are home, instead of turning up the heat, put on some fuzzy socks and a cozy sweater.

Check your windows

An easy, inexpensive way to lower your energy cost is to seal gaps and cracks with caulk or weatherstripping.

Use your ceiling fans

You know that little switch on your ceiling fan? It actually has a purpose! It changes the direction the fan spins. When a fan spins counter-clockwise, it will push hot air up in the summer and clockwise will trap heat inside to keep your rooms warmer during cooler months. During the winter, turn your ceiling fan on a low setting to push hot air back down.

Keep space heater use to a minimum 

If you think that using a space heater instead of your furnace will save you money, think again. Many space heaters use 1500+ watts of energy. If you have multiple throughout your house, that can quickly add up! If you do opt to use a space heater, make sure it is energy efficient and you use it safely.

Change your bulbs

Consider changing out your incandescent light bulbs for halogen, CFLs, or LEDs. These use significantly less energy and typically last much longer. 

Holiday pro tip: Change your holiday decor to LED bulbs & save!

Unplug those chargers

Even when your mobile device chargers are not in use, they still draw power. Unplug them from the outlet to avoid racking up your energy bill.

Bigger steps to save

Tune up your unit

If you do not already, tune up your heat and air unit annually. This keeps your unit running efficiently and helps you avoid inconvenient repairs or premature replacement later on. 

Add or improve attic insulation 

Attic insulation helps seal air leaks and improve your home’s heating and cooling costs. Remember, hot air rises. You don't want dollar signs floating right out of your roof!

Buy Energy Star products

These products are designed to be energy efficient. You'll see the savings add up long-term.

Consider an energy audit

An energy audit assesses how much energy your home consumes and evaluates what steps you can take to make your home more energy efficient. An assessment will show you problems that may save you significant amounts of money over time when corrected. It typically costs around $250 - $650.

Install smart devices

There is a plethora of devices that you can choose from to improve the efficiently and convenience of your home. Consider installing something like smart blinds or a smart thermostat. Most are programmable and allow you to control them from your phone.

Let's save energy and money this season! If you are selling, performing some of these improvements can make your home more attractive to potential buyers.

In the market to buy or sell? Contact the Experts! 615.815.1295.

Posted in Homeowner Tips
April 20, 2020

Our Nashville Homes For Sale | April

Spring is in full swing, and so is the Nashville real estate market! Here's our list of homes for sale in Nashville, Franklin, Murfreesboro, and surrounding areas.

1. 6437 Arno Road, College Grove, TN 37046

$629,000

This beautiful brick home set on 5+ acres in the majestic countryside of College Grove. This home features 2 master suites, hardwood floors, large bedrooms, 2 bonus rooms, granite counter tops, a butlers pantry, grand size laundry room with storage, storm shelter, and an awesome deck! Behind the home is a detached 3 car garage.

Find out more >>

2. 4770 Delina Road, Cornersville, TN 37047

$349,500

This stunning modern farm house is eligible for 100% financing. It's custom built by CT Homes on an incredible 5 acres that features a brook along the back of the property and the opportunity to purchase additional acreage if desired. Has a full stainless steel appliance package to include refrigerator. 

3. 3509 Tobe Robertson Rd, Columbia, TN 38401

$768,900

Enjoy gorgeous county living as you bask in the pool and look across 12.6 acres in Maury County. It's a custom built 4,359 square foot home that you've gotta see more of.

Learn more >>

4. 327 Braxton Dr, Murfreesboro, TN 37130

$269,000

You will never want to leave this layout! There's room for everyone! The 2500 square foot home feels like 3500 square feet. The converted garage is perfect for a second master or perfect for home office, bonus room, mud room, fenced backyard, mature trees, quiet subdivision with easy access to everything.

See it >>

5. Henry Allen Ln, Nolensville, TN 37135

$939,000

If you've been searching for your "corner of the world, "your 'piece of the pie,'" your "paradise" - then WELCOME HOME! Enjoy 31.43 acres tucked away in the gorgeous rolling terrains of Williamson County.

Plan out your dream >>

6. 4002 Canberra Dr, Spring Hill, TN 37174

$529,900

Custom built that is still like a brand new home. It has a total of five bedrooms with an open floor plan and a bonus room.

See more of it >>

7. 183 N Chisholm Creek Road, Lawrenceburg, TN 38464

$175,000

This 4.64 tract has outbuildings including a pole barn, enclosed barn, electricity access, septic, and pump house -- beautiful building site!

Learn more >>

8. 183 N Chisholm Creek Road, Lawrenceburg, TN 38464

$1

Listed for just a dollar, this tract is to be sold along with the listing right above.

See more >>

9. 1902 Errel Dowlen Rd, Pleasant View, TN 37146

$259,000

Get more info >>

10. 269 Hogans Creek Rd, Carthage, TN 37030

$234,900

Completely remodeled, new everything, fantastic renovation with 3 bedrooms and 2 baths sitting pretty along a creek!

Find out more >>

11. 315 S Margin St, Franklin, TN 37064

$539,000

What a rare chance to own a true piece of Franklin history! This adorable antebellum cottage was crafted in 1854 and still has original hardwood floors, fireplaces and antique hardware. Located in the heart of Downtown Franklin, gem is walking distance to the best restaurants, coffee shops, boutiques and more.

Check out this beauty >>

12. 2205 Falcon Creek Dr, Franklin, TN 37067

$365,000

Don't let a little wallpaper scare you. This house has great bones and a great floor plan. All bedrooms are upstairs. Great open floor plan downstairs. Perfect back yard with deck to relax on.

Get the deets >> 

13. 101 S Laurel Cir, Columbia, TN 38401

$349,000

An amazing move-in ready home! It boasts a .81 acre lot, 3 car garage, full basement, private courtyard, completed sun room with tile flooring, and hardwood through main level.

See what else it offers >>

14. 9890 S Lick Creek Rd, Lyles, TN 37098

$144,000

Very nice well-kept home with a generous size yard. Large covered deck in the front; Deck in back. Spacious kitchen with an Island. Huge master bedroom/bathroom suite; garden tub and stand-up shower.

Learn more >>

15. 7510 Harper Rd, Joelton, TN 37080

$375,000

This beautifully maintained brick ranch sits on 3+ acres out in the country away from all the noise. It has a full walk-out basement with a large secret safe room hidden away behind a bookcase. The home boasts a very large screened in porch that looks out toward the quiet wooded area in the backyard. It also has a very nice fenced in raised garden bed, and across the way, an over-sized open firewood shed.

16. 3413 Bridgeton Cv, Antioch, TN 37013

$292,900

This spacious, beautiful home offers the master bedroom suite on the main floor, stainless steel appliances, granite kitchen countertops, a fireplace, rec room, and a two-car garage. Upgraded features include updated bathrooms, 1 year old carpet and fresh interior paint. This welcoming community has a pool and sidewalks, as well as easy access to numerous park areas that feature walking trails, bike paths, and the beautiful natural surroundings of Percy Priest Lake.

Check it out >>

17. Clarksville Pike, Whites Creek, TN 37189

$50,000

Look at this fabulous setting for your new home. Bring your house plans -- it's a great lot to build with a little over 4 acres. Water and electric at road.

Learn more >>

18. 207 Cumberland Circle, Nashville, TN 37214

$3,500 per month -- rental

Reach out to Tiffany to learn more, or, see the full listing.

19. 1016 Station Dr, Goodlettsville, TN 37072

$289,000

Meticulously maintained one-owner home in a quiet neighborhood with open floor plan. This home features granite counter tops, all 3 bedrooms on ground level, 2 bathrooms and stainless steel appliances. Bonus room upstairs is finished with extra storage. The backyard is fully fenced and has a nice covered patio to sit and relax on. Plus a large two car garage & custom touches throughout.

Make it yours >>

20. 1200 Finley Beech Rd, Lewisburg, TN 37091

$472,000

This fabulous location is perfect for development. There is water and sewer available at the road. Enjoy a gorgeous pasture and timber mix has a creek that runs along the side of the property.

Learn more >>

See a property you love? Let us know! We'd love to show you more.

April 3, 2020

Why the Coronavirus threat is not a housing crisis

1. Today's market is much different than 2008's.

This is not 2008. Today’s market conditions & financial institution health are far from the time when housing was a key factor that triggered the recession. Then, banks freely gave mortgages to individuals that were eventually going to be unable to make payments, home price appreciation was rapidly increasing, there was a surplus of inventory, homeowners were equity-borrowing excessively, and more.

We are not where we were 12 years ago. None of those factors are in play today.

2. We are confident in what we know.

Housing is not a catalyst that could send us spiraling back to that time or place. According to the Goldman Sachs GDP Forecast, although there is no growth anticipated immediately, gains are predicted as we head into the second half of this year and into early 2021. This is all momentary in time.

3. A recession does not equal a housing crisis.

In four recessions prior to 2008, only one of the four resulted in home value depreciation. That was in 1991, and the value only depreciated by 1.9%. Of the other three recessions, home values actually appreciated -- as much as 6.6%!

Although the fear of a recession is real, you can be confident that its affect on the housing industry will be minimal, if at all.

4. After the virus threat, the real estate market is expected to boom.

Just like every industry, real estate has had to totally change how things are done -- client meetings, inspections, appraisals, and closings are all different. Real estate professionals, including our team at Music City Experts, have been working tirelessly to ensure that the industry remains safe, stable, and alive. 

Fortunate for us, many people are sitting in front of their devices for countless hours, leaving them to endless scrolling and imaginative online searches. For some, these searches will end up on a home search or local properties for sale. Social media is full of real estate agents drumming up excitement to prospective buyers with virtual tours.

So, for sellers why not go ahead and list your home & take advantage of this extra time to market your home. Either buyers will be knocking on your door as soon as this clears up, or they won't want to wait and will take advantage of the many virtual home buying services provided by real estate affiliates all over.

 

We understand that times are uncertain and can be scary for our neighbors. You can be confident that this is temporary, everything will bounce back, and we will get through this together. Looking to buy or list? Let's get you in touch with one of our agents that can help you in a way that makes you feel the most comfortable.

Posted in Real Estate News
March 29, 2020

Spring Cleaning Checklist & Tips

Ahh. Spiring finally has sprung in Nashville! We love the feeling of rebirth & renewal that comes with budding trees, flowers, crisp air, and longer days with more sunshine. Traditionally, this time of renewal has been used to deep-clean our homes. Who doesn't love a clean, tidy house? Not only does a clean and organized home feel great, but it also helps you prep to sell, if listing your home is a goal this year. Many of us are staying safer at home right now anyways, so why not make the most of it by making our home happier and healthier.

Our list tackles every room in your house – from bedrooms, bathrooms, kitchen to the living room. If it seems like it's a lot to do, try breaking it down by doing one room a day for the next week.

Every Room

Wash baseboards, window sills, doors, and walls

Vacuum and wash vents

Wash window decor (drapes, etc.).

Dust blinds

Wash windows - inside and out

Dust and shine overhead lights - replace burnt light bulbs

Dust and/or vacuum light fixtures and lamp shades

Kitchen

Clean out pantry

Wash kitchen cabinets

Deep clean oven

Move fridge - vacuum and mop behind it

Vacuum coils on fridge

Deep clean fridge inside - wash outside

Living Room

Dust and wash any and all mirrors, frames, and decorative items

Vacuum all upholstery

Vacuum all lamp shades

Dust furniture and fixtures

Wash all throw pillows and blankets 

Dust and polish furniture

Vacuum and shampoo carpets - mop and wax if necessary

Bedroom

Wash all bedding (including mattress pad)

Wash all bed and throw pillows

Flip mattress - if using pillow top, rotate mattress

Purge anything stored under bed you don't want anymore

Home

Change batteries in smoke and carbon monoxide detectors -- this should be done at least twice a year

Check all electronics, make sure they are plugged in, cords are untangled and everything is plugged into a surge protector

Check expiration date on fire extinguisher

Sweep front porch and back deck

Store all winter items, clothes, and decorations

Disinfect all computer keyboards and mouse (Use compressed air to remove crumbs, dust and other particulates. Use a dampened microfiber cloth and wipe the keys down. Use dry microfiber to remove any leftover moisture. Disinfectant wipes are okay to use as well.)

Bathroom

Clean and disinfect tub and shower

Wash bathmats

Dust and replace decorative items

Wash and/or replace shower liners and shower curtains

Miscellaneous

Throw out old and expired makeup. Clean your makeup holders.

Update all your house first aid kits. Toss expired medication while sorting other medication.

Donate any unused clothes items to Goodwill, The Salvation Army, or other local community organizations.

Posted in Homeowner Tips
March 20, 2020

How to navigate a multiple offer situation -- and win!

Picture this. You've been house hunting for weeks. Finally, you find the home and you're absolutely in love with it. You contact your agent, break out your checkbook, write an earnest money deposit, and sign the purchase contract. Maybe this home has even been sitting on the market for months -- so, you're sure that your offer will be the one. The next day, your real estate agent informs you that your dream home is now in a multiple offer situation.

Multiple offers are very common, especially in a hot real estate market like Nashville. How can you be sure that you win a multiple offer situation the next time you are house hunting?

Submit a large earnest money deposit

Sellers sometimes worry that once they commit to an offer, the winning buyers might back out of the transaction or default on the contract. By then, all the other buyers have disappeared leaving the seller back at square one.

Remember that the earnest money deposit is part of your down payment. By putting a large deposit down, you'll show the seller that you're financially strong & serious about closing.

Prove to the seller that you're qualified

Almost every offer will include a letter from a lender. Provide the sellers with a letter including your pre-approval from your lender. A pre-approval makes you appear like a much stronger buyer as opposed to a pre-qualification.

Pay for terms the seller would normally cover

If you're really set on that home, you can offer to cover some terms of the contract that the seller would normally pay. For example, you could pay for the title processing, home warranty, etc. Saving the seller money is a sure-fire way to get attention drawn to your offer.

Shorten or waive some contingencies

Especially if your sellers are eager to get out of their home, you can consider tightening the inspection time-frame. You will still want to get a home inspection, though. You might also consider waiving the loan approval contingency if your loan is solid. Your real estate agent can help you decide if you want to waive an appraisal contingency based on comparable home sales in the area.

Appeal to the sellers emotions

In addition to proving to your sellers that you are qualified to purchase their home, you can go an extra step further by writing a personal letter or recording a video of yourself or your family. Tell the seller exactly why you love their home so much, or, how your kids will play in the backyard. You will definitely get their attention this way.

Give the sellers time to move

If you don't need to move right in to your home (or even if you start moving in), give the seller the option to live in the home rent-free for a period of time while they are moving out or searching for a new home. This can take stress off of the seller, thus making your offer more appealing.

Offer over the asking price

With your agent's guidance, submit an offer for more than the list price. Sometimes, sellers price a home lower than market value to allow for a bidding war. If you offer closer to the market value to begin with, your offer may get accepted instead of others.

Include an Escalation Clause

Put simply, this lets a home buyer say: "I will pay X price for this home, but if the seller receives another offer that's higher than mine, I'm willing to increase my offer to Y price." 

 

The days of seeing multiple offers in Nashville are far from over. Now, you're more equipped to snag that dream home with an irresistible offer! Of course, when you choose the right real estate agent, they will help you navigate this process & guide you to make the best decisions throughout your transaction.

Are you looking to purchase a new home soon? Let's get you in touch with one of our Experts.

 

Jan. 31, 2020

The 2020 Nashville Real Estate Market. How does it look?

It’s a new year and yes, Nashville’s housing market is still on fire. Real estate trends all still indicate that our market is hot. Since the housing market crash of 2008 that occurred over a decade ago, people fret that another one may be looming over us. Fortunately, the statistics and positive trends show that there isn't a need for worry -- and not just for 2020, but for the foreseeable future.

As Nashville has gained even more popularity in the past ten years, our city and market has seen significant changes. Now, Nashville's real estate market is getting national attention. According to Urban Land Institute, Music City is lined up to be the third hottest real estate market in the United States.

The December 2019 statistics for Davidson County looked a little like this.

These numbers are expected to get even hotter. So, what are the top three market trends we are expecting in 2020?

(Spoiler alert, they're good news for everyone.)

1. Nashville will remain affordable

Although real estate prices continue to climb above the national average sale price, affordability will not be impacted in 2020. Nashville's prices are comparable to other hot, fresh, and trendy real estate markets like Austin, Atlanta, and Raleigh.

2. Real estate prices will continue to appreciate

Since 2000, home prices have increased by 120% -- exceeding the state and national level of appreciation over this time period. At least for the next five years, appreciation will continue at a high rate. Our fast population growth and economic expansion bringing new high-wage jobs to Nashville are contributing factors. When Fortune 10 companies, like Amazon, move into Nashville, our confidence is further increased in our market.

3. Nashville will continue to be a buyers market

Nashville is already a balanced buyer's market and that trend will continue into 2020. Nashville will still face the 3rd strongest investor demand in the country, housing inventory will stay sufficient. Although, bidding wars will still exist in more affordable areas as buyers will compete with investors and corporations.

2020 might just be your time to buy in or move to Music City so you can reap the benefits of our appreciating prices. Don't allow fears of the "the real estate market crashing in the near future" deter you from making the best investment of your life. Those misconceptions are simply not true.

Meet our team of experts that can help you buy or sell. Or, see how much your home is worth

Posted in Market Updates
Jan. 24, 2020

2020 Home Design Trends

A new year is traditionally a time for change. But even more than the usual changes we’ve come to expect with each passing year, a new decade brings with it even more of an impetus to do something #DeliberatelyDifferent!

Home design is no exception.

The last decade is all the proof we need. Home design took a drastic shift from oversized furniture, Tuscan-style finishes and all brown all the time in the early 2000s to the midcentury pieces, farmhouse simplicity and monotone greige filling homes at the end of 2019.

We’ve gathered 9 trends to love in the first year of this brand new decade:

1. Farmhouse Refined

Lovers of farmhouse design sing the praises of it’s casual, lived-in vibe. But many complain that it lacks in warmth and individuality. Look for a more refined farmhouse style to take place of the current cool, monotone look. This new incarnation will bring in more color and pattern and a bit more sophistication with influences from European country cottages.

2. Bring The Outside In

Natural elements in your living space is a trend that started a few years ago and continues to reign, but its tamed down a bit for the new decade. Houseplants are still a beautiful way to add color and texture to a space, but instead of a wild, overgrown fiddle leaf fig choose the more modern shape of an olive tree. Pair your furnishings made out of natural fibers with a deep jeweled paint color to elevate your style from boho to chic. Marble and real stone are fantastic additions to your home design - not just on big ticket items like countertops and tile, but as accessories like a vase or a pot for your elegant olive tree.

3. New-trals

Color is making a comeback! Pantone’s Color of the Year is Classic Blue, a rich shade of navy. Expect this color to pop up everywhere from textiles to cabinetry. Earth tones will take center stage kicking grey to the curb. Muted pinks, terra-cotta oranges and golden hues will be the neutrals of the new decade giving a big nod to number two on this list.

4. High Contrast, High Impact

In case you haven’t already noticed… monotone grey is so last decade. 2020 is all about being bold and making a statement. What better way to make big impact than with a stark contrast? Black doors. Bright ceiling (so long accent wall!) Dark and daring trim (Classic Blue, anyone?) And really could there be a more timeless combo that black and white?

5. Multi-tone Kitchens

No home design roundup would be complete without including the heart of the home - the kitchen. All white and stainless steel kitchens have seen better days. The kitchens of the new decade will mix colors on cabinetry, perhaps a colorful island or upper and lower cabinets in contrasting colors. Wood will find it’s way back into the mix either on cabinets, a custom range hood or butcher block tops. Combining elements from some of the other trends on this list will give you that update you are ready for and breathe new life to the all white (yawn!) kitchen.

6. Well-defined Living Spaces

Ok… so you are probably thinking this is design sacrilege. But word on the street is there is a shift away from open-concept living especially among millennials who are slated to be the largest group of homebuyers in the coming decade. Offices, dining rooms and kitchens separate from the living and lounging spaces speak to how we use our homes IRL. 

Think twice before sledgehammering that wall!

7. Sustainable Design

This area is broad because it covers everything from the type of furnishings we choose to purchase in our homes to the materials we use to cover our floors. Disposable furniture is becoming passè in favor of higher quality items. A single vintage statement piece has big design impact while also reusing an existing object thereby lessening environmental impact. Tables and bookshelves made with sustainable materials such as rattan and wicker are not only on point design-wise, but also reduce our footprint on the planet. Vintage and second hand shops are full of one-of-a-kind design treasures waiting to make your space truly unique.

8. Uniquely You

What if the ultimate trend is to not follow any trend at all? This may very well be the biggest shift we see this decade. Cookie-cutter homes have been on the way out for several years and cookie-cutter design is close on it’s heels. Authenticity seekers are finding that while Instagram and Pinterest are full of design ideas, these designs don’t always reflect their personal tastes. So ask yourself - do I love this? Once you discover what speaks to you… do that thing in your home!

 

Are you looking for a new home to make your own? Or is turn-key 2020 design more what you have in mind? We can help you find your dream space for the new decade. Choose an agent that is right for you >>

Courtesy of Grace Laird Photography

Posted in Interior Design