Video: November 2021 NASHVILLE REAL ESTATE Market Report

https://youtu.be/pi2W_h0Ejuw   The market report for November. This month, I'm taking a look through price vs. inventory graphs, and talking about higher loan limits for 2022! I dive into similarities, and differences between 2019, 2020, and 2021 and how the market is changing and evolving based on all kinds of factors in the current market. I also give my opinion on where I think 2022 is going to take us, both in terms of price and inventory, and [...]

By |2021-12-14T10:10:45-06:00December 10th, 2021|Updates, Videos|

Video: How I Got My First Million Dollar Deal

https://youtu.be/rzIjIhHw8Co   VIDEO DIALOGUE How I Sold My First Multi-Million Dollar Property  Hey there folks! It’s been a minute, I’ve been super busy doing a lot of things.  Selling real estate of course, but also making music, producing videos, photos, it’s been a very busy season. Not to mention I just had a baby, so no one in my house sleeping really. So yeah, busy! But I just got an interesting request on my Instagram. someone wanted to [...]

By |2021-10-11T13:06:20-05:00October 12th, 2021|Updates, Videos|

Market Update for July, 2021 Greater Nashville TN

NASHVILLE, Tenn. (July 7, 2021) – There were 4,649 home closings reported for the month of June, according to figures provided by Greater Nashville REALTORS®. This figure indicates a 11 percent increase from the 4,191 closings reported for the same period last year. "For the first time since March, we saw weekly inventory levels above the average during June," said Brian Copeland, Greater Nashville REALTORS® president. "While inventory remains low, Realtors are working harder than ever to bring quality homes to the market." Data for the second [...]

By |2021-07-16T10:04:47-05:00July 16th, 2021|Market Trends, Updates|

January 2021 Market Update, Greater Nashville Area

Home Sales Remain Strong in New Year NASHVILLE, Tenn. (Feb. 8, 2021) – According to Greater Nashville Realtors, home sales closed out at 2,745 closings reported for the month of January. This figure is up 4 percent from the 2,632 closings reported for the same period last year. “January’s numbers show the power of the Greater Nashville market. Many of these homes went under contract during the holiday season which is stereotyped as a subprime time to sell. As Realtors continue to remind their [...]

By |2021-02-20T17:00:09-06:00February 11th, 2021|Market Trends, Updates|

January 2021 Market Update, Greater Nashville Area

NASHVILLE, Tenn. (Jan. 7, 2021) – Final numbers for 2020 indicate there were 44,850 homes sold in the region, compared to the 42,356 closings in 2019, the total sales for 2020 were up 6 percent. (information provided by Greater Nashville REALTORS Association) Home sales hit 4,252 closings for December, according to data provided by Greater Nashville REALTORS®. This figure is up 22 percent from the 3,482 closings reported for the same period last year. Fourth quarter closings were 12,310 for the Middle Tennessee area. That total is [...]

By |2021-01-14T10:05:27-06:00January 14th, 2021|Market Trends, Videos|

Market Update Week of June 8, 2020: Buyer Applications Up 18% Over Last Year

Freddie Mac’s chief economist notes, “...all signs continue to point to a solid recovery in home sales activity heading into the summer as prospective buyers jump back into the market.” In fact, the Mortgage Bankers Association reported purchase applications rose for the seventh week in a row, spiking 18% over last year, citing “pent-up demand from home buyers returning to the market.” Realtor.com’s chief economist chimes in: “We're seeing more home buyers in the market than we did this time last year."  She adds: "It's [...]

By |2020-06-08T08:30:10-05:00June 8th, 2020|Market Trends, Updates|

Market Update Week of May 26, 2020: Home Demand is Strong

In April, buyer demand was so strong that 56% of Existing Home Sales were on the market less than a month. But due to the current temporary economic contraction, sales posted the biggest monthly drop since 2010. Housing Starts also took a big dip in April, the first full month of restrictions. But Building Permits beat starts by one of the highest figures since the 2008-09 recession, indicating increased builder interest ahead. Freddie Mac notes that low mortgage rates are "giving potential buyers a good reason [...]

By |2020-05-26T20:17:59-05:00May 26th, 2020|Market Trends, Updates|

Market Report Week of May 11, 2020

Last week, purchase mortgage applications increased 6% nationally, up for the third week in a row. Versus a year ago, purchase applications are down 19%, but climbing back, demand now within 15% of pre-shutdown levels. Fannie Mae projects low mortgage rates will send refis through the roof, to $1.4 trillion in 2020, the most since 2012. The extra money lower monthly payments will put in homeowners' pockets should do a lot to restore economic growth. The chief economist for a national [...]

By |2020-05-11T09:25:51-05:00May 11th, 2020|Market Trends, Updates|
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