Nashville, TN Real Estate News

By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Nashville real estate sales were down in January compared to 2007. No surprise here, we've been hearing the bad news for months now. What you don't hear is that the prices were up 4 percent this year compared to last year. So for all of the shoppers out there looking for a Blue Light special, I'm sorry, it's probably not going to happen. Even though sales are down 28 percent in volume, sellers in general are not in a panic. The average days on market is 78 which is still very good historically.The 1,644 home closings in January represents a decrease of 28 percent from the 2,289 closings reported for the same period last year.The median residential price during January was $179,900  That compares with last year of $172,900.  Inventory levels were up 27 percent to  21,952.  This posting a...
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Bells Bend has had many projects proposed and rejected by the City of Nashville. Now a Developer has made yet another proposal to the city for a 1400 acre development with a price tag of $4 billion dollars. Needless to say, the infrastructure will have to be upgraded, including a new bridge across the Cumberland river. You might ask yourself , why does this project have a better chance to get approved than the others before. One word TAXES. The city of Nashville is getting tired of hearing about all of the businesses moving from other states to Williamson county. The thought is that if they had something that looked like Cool Springs, it would pay like Cool Springs. It sounds good, but will people want to live there. Not if they have school age children. The fact of the matter is that t...
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By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
Well, it has been a while since there have been listings for the musicians in Davidson County, Tennessee, but finally there are some to peek at!  If you're not yet Keith Urban or Faith Hill, but you're on your way up, here's the perfect place for you to land! 502 Rural Hill Road for $134,900.  This Renovated 1966 Split Level has 3 Bedrooms, 2 Bathrooms and over 2100 Square Feet!  There is a Sound Proofed Room in the Finished Basement and a Window to View Through for the Engineer/Producer.          Now, let's say you have started selling some singles, you're getting a bit of air play and you are ready to move up in the world, then take a look at 5660 Valley View Road for $512,000.  This gorgeous stone home in Cape Cod style has 3 Bedrooms, 3.5 Bathrooms, and nearly 3000 Square Feet!     ...
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By Rhonda Burgess, Moving to Nashville TN Real Estate Specialist
(Southern Living Realty Partners)
                 The following listings are foreclosures or bank-owned properties currently on the market in the Nashville, TN area.  All properties are sold in "as-is" condition.  Potential home buyers must provide an approval letter or proof of funds to close, and all offers should be non-contingent (no home to sell).  For questions, call Rhonda Burgess, Broker, Realty World Southern Living, 877-750-0854 or email Rhonda@RealtyWorldNashville.com.   Click on the highlighted city name for additional information. City                     List Price               Bedrooms        Baths         Sq.Ft.                 TypeAntioch                 $86000                        2                  1.5            1092               TownhouseAntioch                 $119900                      3   ...
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By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
Why do I love Top 3 so much?  I need to be a writer for David Letterman's Top 10 - LOL!  But anyway, if you want to live in Davidson County's Nashville in the West Meade area and want to live there for under $350K, here are my top three choices: First up, a lovely renovated ranch at 860 Brook Hollow Road for $299,900!  4 Bedrooms, 2.5 Baths and over 2500 Square Feet!        All of this on nearly an acre!  Second, 968 Windrowe for $299,992. 3 Bedrooms, 2 Bathrooms, a little over 2000 square feet on a full acre! Renovated Kitchen!       Uh-oh, I feel an "Emily" suggestion coming on --- *update the exterior by painting the brick a nice 2008 color and update that landscaping for some better curb appeal - easy to do and fairly inexpensive*   And last, but not least, 825 Highland Park Court f...
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By Rhonda Burgess, Moving to Nashville TN Real Estate Specialist
(Southern Living Realty Partners)
I received a call last week from Jamey Tucker of WKRN News 2, the Nashville ABC affiliate, looking to interview some agents about the foreclosure market here in Nashville.  He had read one of the posts on my Activerain blog discussing foreclosures in the Nashville area.  I was excited and delighted to have interviewed and to have been featured on the local evening news.  I have Activerain to thank first and foremost for the blog platform and the exposure.  Check it out. Be sure to click on the video. Foreclosure Rate Rises Across Tennessee
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By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
Okay, how was that for an ultra specific blog topic??? :) But that is what I wanted to blog on tonight!  I just love finding these little treasures out there!  So if you are a first time buyer in Davidson County's Nashville and you want to live on the South Side, consider these! First up is 1308 Little Hamilton Avenue in the trendy up-and-coming area near the Fairgrounds.  Formally called Wedgewood Houston, this little pocket of houses is just off of the I-65 Wedgewood Avenue exit and new development is slowly but surely pushing this way! So, 1308 Little Hamilton Avenue is listed at $73,900 with 2 Bedrooms, 1 Bath and just under 1000 square feet. It was completely renovated in 2005 and has been foreclosed on, so time to take advantage!     Secondly, take a look at 359 Hester Avenue for ...
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By Brian Thomas Smith - Nashville Real Estate Agent
(Prudential Woodmont Realty)
 MSN Journalist http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/3BadReasonsToBuyAHome.aspxMy comments to Liz Pulliam Weston of MSN regarding her article.  I emailed this to her today.To Liz Pulliam Weston, I believe the media has caused much of the current "scare" with relation to home buying and selling. Granted, places like New York, Florida, and California (states I have family that own Real Estate) have seen a major decline in the Real Estate Market, to name a few, but there are many towns and cities in the country that are doing very well. I am a Realtor in Nashville, TN, my business is flourishing and the market here is still moving ahead. The market is not as aggressive as it was 3 to 5 years ago but it is still moving ahead, growing and increasing in value. Yes the ...
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By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
And you are in Nashville's Berry Hill, then stop by Sam and Zoe's (behind Baja Burrito) and get Natalie to make you a latte with the perfect leaf on top!  Thanks Natalie!  You rock!
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By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
It sure was a lot of fun!  Over the Holidays, I decided that I wanted a change from my boring kitchen counter top.  When I moved into my house a little over a year ago, I knew I had a project ahead of me (I bought it at under market value) and over time I have been improving it.  Pics of the kitchen when I moved in: Can you even fathom the pastel vinyl?  I have at least had some nice tile put in.  And there were big garage-type fluorescent lights.  I had them taken out as well and had my cute chandeliers put in and a nice fixture over the sink put in.  Oh, and I have changed out all of the handles and the sink faucet.  But the pink laminate countertop was really wearing me down.   (Really what the kitchen needs is a complete overhaul.  But I am not quite ready to take on that project so...
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By Robert Dirienzo, Home Inspections - Nashville TN
(HABITEC Home and Building Inspections, LLC)
Some have suggested that mold services including testing and assessments are not necessary.  I disagree and here is why. First let me say that mold services are not for everybody.  At HABITEC Home and Building Inspections, LLC, we have undergone training at two agencies and I can say that this is a complicated subject and a very serious service to offer.  It is not unreasonable for some to go through the training and find that they simply do not understand the material.  If you are poorly trained, or you just cannot understand the information, then you will not be able to offer a quality service.  I encourage those people not to engage in mold assessments. Second, I agree with those who see a conflict of interest when an individual is trained, tested and "certified" by the same agency (...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
So, you're thinking of remodeling your kitchen?     How much will it cost??????????  In Nashville???????It's up to you.  If you're going for the "Kitchen to die for."  Get ready to spend lots of money.  If you're planning on updating for style and functionality you can set the price yourself.  Also, if you are remodeling for resale. Know the market; Nashville Real Estate is a great market for kitchen remodels with a good return on investment. Knowing the vision of the end result is important and following the suggestions below will help.  Start with the appliances.  Appliances are often a focal point and can be a large portion of the budget.  Also, take into consideration the area of Nashville you are in for real estate resale. Decide what type of counter tops you will install.  Granite...
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By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
Trendy, Trendy, Trendy is what comes to mind when thinking about the Vanderbilt Area of Nashville, TN right in the heart of Davidson County.  If you are trendy at heart and want the urban feel of West End, then here are my top three picks for where you should live if you have between $470K - $550K to spend on a home! First up is 2207 Natchez Trace.  Listed at $479,900 this gorgeous renovated Tudor boasts over 2600 Square Feet, has 4 Bedrooms and 3 Bathrooms!        Love the screened in porch and the outside space as well!   On to 2227 Blair Boulevard!  Listed at $485,000 this darling Craftsman Bungalow from 1930 has been updated and is waiting for a new owner!  This home has over 1700 square feet, 3 Bedrooms, 2.5 Baths and just WAIT until you see this kitchen!        The backyard is fen...
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By Angie Vandenbergh, A Crye-Leike Blogger
(Crye-Leike, Realtors)
Nashville real estate company Crye-Leike, REALTORS is proud to announce the Top 25 Sales Producers in the Nashville real estate region for 2007.  The Nashville Realtors honored achieved the highest volume of sales for the company for 2007. The company recognized these associates at the Crye-Leike Nashville Region 2008 Kick-Off Meeting held on Tuesday January 15th at the Nashville Airport Marriott Conference Center. 2007 CRYE-LEIKE, REALTORS TOP 25 SALES PRODUCERS     1.  Lifetime #1 Producer for 2007 - Margaret Dixon - Mt. Juliet #1 Top Sales Producer for 2007 - Chip Kerr - Brentwood Kendra Cooke - Smyrna Jimmy Dugger - Columbia Connie Quillen - Columbia Bob Zimmerman - Franklin Sherry Welch - Spring Hill Kay Schillo - Clarksville Lisa Barron - Spring Hill Jimmy & Gail Settle - Clarksvi...
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By Clint Haynes
(Peoples Home Equity, Inc.)
The FED met today and cut the Federal Funds Rate and the Discount Rate by a half percent each.  The Federal Funds Rate is an overnight bank lending rate that affects home equity lines of credit, credit cars, and auto loans .  It is now at 3%.  The Discount Rate is what the banks pay to borrow money directly from the FED.  It is now at 3.5%.  This will not, however, directly effect long term interest rates.
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
I have clients who are having some difficult time with their marriage, so they have decided to put their home on the market, and go their separate ways. I stop by and access their property, write up the listing paperwork, and tell them the bad news. The dogs have to go. Why, they asked. My answer, some people don't feel comfortable in a house with dogs, any dogs, do you want to sell the house? If so, take the dogs somewhere else. At that point, they had 3 dogs in the house. The house was clean, and didn't smell or look like dogs lived in it, but they did. The next day, I came by to leave some things, and the owner showed me his new pit bull. I guess he didn't really want to sell, because everyone who's seen the house could only talk about the dogs. I know some people don't get it, but i...
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By Emily Lowe, Nashville TN Realtor
(RE/MAX Homes and Estates, Lipman Group)
Tennessee, Davidson County, Nashville, Green Hills: Here are my TOP THREE LISTINGS in the Green Hills area of Nashville - just my opinion - judge for yourself!   First up is a FORECLOSURE - we all LOVE foreclosures, right?  I think this is a wonderful home in beautiful Forest Hills - does need some updating, but for the price, can't be beat! 2160 Timberwood Drive - $464,900 3 Bedrooms, 2.5 Bathrooms, 3334 Square Feet on over one acre!  This home boasts hand-carved pecan woodwork, huge stone fireplace, vaulted ceilings and loads of space!         Next up is 461 Cumberland Place in Burton Hills listed at $467,900! This brick home has 3 Bedrooms, 2.5 Bathrooms and 2914 Square Feet! Completely Updated with a 0.17 acre yard - easy on the maintenance!!       And last, but not least, 812 Hunti...
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By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
Having been an electrical engineer and a licensed electrician in a prior life, I am critical on electrical issues especially when it comes to the safety of my clients. Yesterday, I inspected a new construction property and one that was about 4 years old that did not have an inspection prior to closing. Having had to inspect the wiring practices of electricians under my watch as an electrical engineer, it has always been my practice to give the "tug test" on all wiring connections in panels. I found one of the main leads to the sub-panel was loose at the connecting lug. This is a potential shock and fire hazard as aluminum wiring will expand and contract more that copper and can eventually work its way out of the connection. There were also several breaker connections that pulled loose ...
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By TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029
(Complete Home Inspections, Inc.)
Ground Fault Circuit Interrupter (GFCI) devices have been in properties in varying degrees since the early 1970's. Failures in these devices are the number one common electrical issue that I comment on when doing property inspections. Like most items in a home, not too much thought are given to items until they give problems. However; a problem with a GFCI device cannot be detected until it is too late. Every year approximately 300 electrocutions occur and thousands of people are seriously burned due to GFCI failures. Many could have been prevented if monthly maintenance had been administered. ALL manufactures of GFCI devices require monthly testing. To the best of my knowledge, all newer devices built since 2002 have "Monthly Testing Recommended" molded in the plastic facing on the de...
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What do you think of when someone mentions Nashville, Tennessee. I know most of the Active Rain community are thinking, Jan Wood. No, that’s not the correct answer, but that you ever so much for the compliment. What most people think, of course, is Music… as in Music City U.S.A., as in Country Music . You also most likely think of the Grande Ole Opry, and the Ryman Auditorium. The Ryman and The Grand Ole Opry The Ryman is known as the “Mother Church of Country Music”. The auditorium was first opened as the Union Gospel Tabernacle in 1892, It began as a church and hosted the city’s revivals.  The artists and repertoire of the Opry defined American country music. The Ryman was home to the Opry until 1974, when the show moved to the 4,400-seat Grand Ole Opry House, located several miles to...
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