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Sellers Market?

By
Home Inspector with Complete Home Inspections, Inc. TN Lic#050

Sellers Market?         

     I cannot speak for other areas of the country, but here in the Nashville, TN market area, we are experiencing a sellers market in some areas. 
     The Spring sales season seemed to have started a little earlier this year and has not stopped. This week alone, John and I have done over 20 inspections for the week! Needless to say, the market here is rocking and rolling.
     In a time when the talking heads are spewing out their normal "Doom and Gloom" forecasts for the housing market, there are pockets that are recovering quite well... 


This posting and the contents herein are the intellectual property of Michael Thornton CEO of Complete Home Inspections, Inc. We provide quality real estate and commercial inspections for Brentwood, Franklin, Nashville, Davidson, Williamson County TN and surrounding counties. This post is a contribution to the ActiveRain Real Estate Network.

Posted by

Complete Home Inspections, Brentwood TN 615.661.0297
 

Comments(21)

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Yes Michael... We are seeing a huge change and it's in the sellers benefit.  How many home inspections do you allow yourself a day?  I have one guy that works his tail off from morning till dark which is LATE here.  Then I have another inspector that only does 2 home inspections a day (his rule).  Just wondering. 

Apr 12, 2012 08:30 AM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Good evening, John. We typically do 2 a day as a norm. We will do 3 small ones if they are condos or townhomes...

Apr 12, 2012 09:02 AM
Laura S. Baker
First Weber Inc - Lake Mills, WI
Realtor (920) 728-4118, First Weber Inc

It's looking mighty fine around here too Michael!  Aint that great?

Apr 12, 2012 09:13 AM
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Things have been normal around here, which, I understand, is better than the rest of the country.  But we have a lot of gubment people here, buying houses.  The gubment employs!

Apr 12, 2012 10:05 AM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Michael:  You really are busy with 20 inspections per week!  That's a lot of sales taking place in your Brentwood, Tennessee area!

Apr 12, 2012 10:44 AM
Al & Peggy Cunningham, Brokers
RE/MAX West Realty Inc., Brokerage - Brampton, ON
Our Family Wants To Help Your Family!

Michael its better to rely on what is really happening in the market place than the talking heads! Glad to hear things are cooking in Tennessee!

Apr 12, 2012 11:12 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Michael.  Let the good times roll.  Long drought.

Apr 12, 2012 08:24 PM
James Dray
Fathom Realty - Bentonville, AR

Morning Michael no Doom and Gloom here but things are rockin and I'm holding on for the ride.  Enjoy the day sir and the upcoming weekend.

Apr 12, 2012 08:47 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Real estate is about location, location, location. Here in Southwest Florida it seems to be about pricing pockets. Some pockets are now near empty! May we enjoy the ride! Enjoy your day!

Apr 12, 2012 09:08 PM
James Quarello
JRV Home Inspection Services, LLC - Wallingford, CT
Connecticut Home Inspector

It has been a little busier here this spring and like your area, the season started early. 

Apr 12, 2012 10:05 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Good Morning Michael, Yes Real Estate is certainly local. It's great to hear that your area is busy with sales and maybe the rest of the country will be following soon...Enjoy your weekend!

Apr 12, 2012 11:52 PM
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

Your post is the perfect example of the phrase, "All Real Estate is local." So glad to hear that you guys at Complete Home Inspections are rocking and rolling!

Apr 13, 2012 02:30 AM
Kristine Ginsberg
Elite Staging and Redesign, LLC - Short Hills, NJ
NJ Home Stager

Hi Big Scorpio - a little birdie (look up) told me you were swamped with business and can barely keep up! The same goes for  our area as I've never been busier. Almost every home I've staged was under contract in less than two weeks and got at or very close to listing price. So much for the doom and gloom - I don't even listen any more! Be sure to get a little R&R!

Apr 13, 2012 02:55 AM
Keith Gilkey
Re/Max Chesapeake - Elkton, MD
410-920-7214, Re/Max Chesapeake

Michael, We are still soft in our area but seeing signs of improvement. Sure it will be soon.

Apr 13, 2012 04:43 AM
John Cannata
214-728-0449 http://TexasLoanGuy.com - Frisco, TX
Texas Home Mortgage - Purchase or Refinance

That is great to hear Michael! Congrats on keeping busy!

Apr 13, 2012 06:49 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Michael,

Real estate is definite local which your post bears out! I listed 2 houses this week..both under contract the first day with a backup in place on one of them!! Gotta love it!!

Apr 15, 2012 06:36 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Michael,

I'm glad to hear the good news in TN! I've been working none stop here in Texas too. There's definitely been a shift in the market across the U.S.A. and that's GREAT news! Let's keep the economy going.

Take time to smell the roses and enjoy life too!

Patricia

Apr 16, 2012 07:37 PM
Gloria Todor
Premier Property Sales & Rentals - Springfield, PA
& Doug Durren (484) 431-3686 in SE PA

Hi Michael, That is really good news!  Nice to be so busy and may it continue.  Our market has picked up with the early spring weather, not quite a sellers' market but a lot of things happening.

All the best.

Gloria

Apr 17, 2012 08:05 AM
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

It's good to see that you have been able to make a little hay off the recovery. You've read my posts, so you know that it's been really busy, and I anticipate from the homes under contract that it's still increasing in volume. Hang on to your hats, it's going to be a wild ride.

Apr 19, 2012 12:10 AM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Michael, it's the same for your neighbors to the south in the Huntsville/Madison area.  Some areas show absorption rates leaning to a buyers market, but for the most part we have turned the corner and homes are selling again at full list price...many more areas here are a sellers market.  Craig hit the nail on the head..."All real estate is local".

Apr 23, 2012 01:49 PM