Nashville, Tennessee, like most other cities across the nation saw a vast relief from declined home sales and staggering home prices this past year. 2013 turned its cheek to the foreclosure epidemic the housing market was crippled by for the past several years and instead brought a rise in home values and a reincarnation of a seller’s market. Low mortgage rates, increased home prices, and low inventory encouraged many viable home buyers to get out of the real estate dugout, man up to the plate, and get in the ball game!
If you live in a city like Nashville where the real estate market has shifted gears into a seller’s market, meaning that inventory is low and home prices are rising, then you are probably aware of the inevitable “competition” that exists amongst home buyers. In a market like this houses are going under contract within days of being listed and sellers are finding that they are being bombarded with multiple offers at asking price and higher. Buyers need to be quick, astute and educated. Here are some easy … (0 comments)
Residential real estatein Nashville has definitely changed it's pace. We are officially out of the brackish real estate waters and instead, flowing down a river that seems to be getting stronger. In fact, homes here in Nashville are selling like pancakes! – quite a shift from just a few short years ago when houses would sit on the market for months at a time. However, now that it is such a seller’s market, a lot of buyers are finding that not only are homes going under contract within days of being listed, they … (1 comments)
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