Nashville Real Estate Blog - Blog Archive: January, 2012

information relating to real estate in Nashville Tennessee

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January 2012

Found 17 blog entries for January 2012.

Home Builders More Confident

This report from the National Association of Home Builders is showing that the new home builders have a renewed confidence in the demand for homes. Home builders are at the front line of trying to determine the mood of the home buyers confidence. If the confidence is low then buyers will back off from looking at buying a home...but if they feel reasonably secure in their job and they see that the economy as a whole is improving then they may consider buying a new home.

The trickle down effect is huge because with new home starts on the rise this then has the multiplier effect for the whole economy as a new home requires not just the wood, drywall, shingles, bricks needed to construct the home, but all the peripheral

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Nick has had a busy couple weeks.

Last Thursday, he spent the day with some clients in from New Jersey to look at some different areas of Nashville in the $250-300k range to narrow down their search area for their move coming up in a few months.

Monday he started with a final walk thru for a new construction closing coming up next week in Antioch for $117k.

Then he meet with some clients, he has been working with to look at a new listing in West Nashville. They had an offer in that night and got a contract accepted in the $220k range by the next morning. His clients had their home inspection done today.

Next week doesn’t seem to be looking at much of a slow down either. He already has clients coming in from Florida that will be here looking in

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Mark spent last week helping clients from Portland, Oregon find their perfect home.

On Saturday they viewed 13 properties in Hendersonville, Gallatin, Mt. Juliet and Old Hickory including some lake homes. On Sunday, the focus switched to the south of Nashville with the clients viewing 11 properties in Brentwood and Franklin. All the properties had minimum of 4 beds and 4 bathrooms and ranged between $550,000 to $900,000.

A second trip is being planned to view the shortlisted homes and to visit local schools.

Mark also help other out of state clients relocating from Kentucky who are trying to find the perfect 2 to 3 bedroom condo ranging between $130,000 – $160,000.

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Here is an interesting report that talks about real estate foreclosures across the USA not just in Nashville TN. As usual with statistics there is some reading between the lines and there is talk of a second wave of foreclosures coming on the market soon.

What the report doesn't mention that there id definitely a renewed level of real estate activity in Nashville. It's as if the country as a whole is on the same bio rythym and the thought of buying a home in Nashville, which has been in the minds of many people, seems to have become a definite possibility recently.

With the buyers market publicity and all the talk about historically low interest rates people seem to have collectively realized that this is a great time to buy a home! After a

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Mark had another busy week showing a total of 17 properties to two different clients, local Nashvillians and out of state clients from San Antonio, Texas who are relocating to Nashville due to work commitments.

These properties ranged from three Bedroom Single Family Homes to two bedroom Condo’s in Brentwood, Franklin, Hermitage and downtown Nashville.

This weekend Mark is showing 26 different properties to clients relocating from Oregon on Saturday and Sunday morning ranging from $599,000 to $ 990,000, then on Sunday afternoon showing a three bedroom condo to a new Markethill client in Old Hickory  priced at  just under $150,00 with a further viewing of a three bedroom ranch style property in Portland at just under $345,000 for an existing client

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Jarrod Curcio has had another strong beginning of 2012. He closed on a listing in West Nashville, and then he wrote an offer on a townhome in South Nashville.

Another good indication of the strengthening real estate market in Nashville is that he received and finalized a contract on his short sale listing in Mt. Juliet. 

Jarrod also just reached an agreement with teammate Mark O’Connell on a short sale in Antioch. The Ashton Real Estate Group is a powerful resource!

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John Gilbert wrapped up 2011 with a closing on 12/30th with a couple who relocated to the Nashville area from Springfield, MO.  The couple relocated to the area to accept new job offers and bought new construction in the Cane Ridge area and got a great deal on a new home @ $155K and the builder offered a 4% commission.

On 1/2/12 John showed property to a local cash buyer who made an offer that day that went under contract 1/3/12 and they are looking to close 1/12/12.

John has several showings scheduled tomorrow 1/7 for an anxious buyer looking to get out of a 2 bedroom apartment that she will actually pay less to purchase a home up to $170K with a 15 year Mtg. with a  note at 3%  that will be less than what she is now paying in rent. The buyer is

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  • 2012 is finally here!  I love the holidays but let's face it, getting back to business is long overdue by 12/1.  

  • Busy week of contacting clients and following up on inquiries and emails.  

  • Showed homes this week in the $200-$600k residential range.  Showed commercial buildings at $800k yesterday.  

  • Picked up a $750k listing in 37205 zip with a prominent entertainer today.  

  • Just closed a construction project with Dream Builder Custom Homes today.

  • New listing at $214k in Murfreesboro this week, and had some showings on a $575k listing in Lebanon.  

  • Combing the underworld of estate living for a couple of multi million $ buyers.  

  • Thanks to the TAREG team, and especially Andy Brown and

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Mark Needs an Extra Day to Keep Up!!!

2012 started well for Mark O’Connell, on New Years day he met with his clients from Maryland and showed 12 properties in Murfreesboro, Brentwood and Antioch during the day. These were all three bedroom single family homes between $90,000 to $ 145,000.

Monday was spent helping 13 new clients / leads with their property searches.

Tuesday was spent helping existing clients with their property search and arranging viewings for an out of state client from Texas for Thursday.

On Wednesday Mark attended RE/MAX Training on Mainstreet and Leadstreet and had meetings with potential partners aimed at starting a new chapter of Business Network International (BNI), the world’s most successful networking

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LeAnne finished out the year strong with a closing at month's end for $600K. 

She continues to work with 5 active buyer clients to start off the new year, working in the $300- $500K range. 

She is also showing property this weekend to clients from Chicago and has added a new listing in The Encore downtown, 1BR condo on 12th floor with fabulous views. 

In addition, she has an upcoming listing in Two Rivers and continues work with 3 clients seeking equestrian properties. 

2012 is busy already!!!!

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