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Welcome to your valued source for home buying and home selling in Middle Tennessee. This page provides you detailed resources to assist you through the residential real estate process -- and also numerous links to help you discover Greater Nashville  -  Live!  Work!  Play!
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Buyers: How to Be a Savvy Open House Guest

MLS Areas

EFFECTIVE February 2020 - RealTracs MLS Listing Service will no longer classify Areas in Middle Tennessee.  Search criteria will focus on counties, zip codes, neighborhoods and custom mapping The following links are offered to you as a helpful guide to the Middle Tennessee counties, cities, positions, and livable zip codes.

Middle TN Areas / Zip Codes Details
Middle TN MLS Counties Map
Davidson County Zip Code Map
Rutherford County Zip Code Map

Crime Information

Newsletters

January 2020  Creating Storage in the Home
February 2020  The Importance of an Appealing Front Door
March 2020  Prepping the Closets
April 2020  Exterior Garage Ideas


Vendor List

Vendor List
Utilities List

The Vendor List is provided as a guide, and not guaranteed, information gathered is based on first-hand experience, trusted referrals and sources.  In general, it is recommended to receive three (3) quotes during vendor selection.  Your feedback is greatly appreciated to maintain an accurate valued reputational Vendor List.

Market Conditions

Understanding the Market | Greater Nashville

Home Sales Increase Again for February
Greater Nashville REALTORS®; Press Release | March 9, 2020

NASHVILLE, Tenn. (March 9, 2020) – There were 2,798 home closings reported for the month of February, according to figures provided by Greater Nashville Realtors®. This figure is up 10 percent from the 2,536 closings this time last year.

"Our housing market continues to stay on a steady ascent going forward compared to 2019," said Kristy Hairston, Greater Nashville Realtors® president. "Median home sale prices also continue to rise, which is on trend with other markets across the nation."

There were 3,504 sales pending at the end of February, compared to 2,974 pending sales at this time last year. The average number of days on the market for a single-family home was 39 days.

The median price for a residential single-family home was $320,000 and for a condominium it was $234,990. This compares with last year’s median residential and condominium prices of $294,486 and $214,900 respectively.

Inventory at the end of February was 9,093, down from 10,745 in February 2019.

“With the recent tornadoes that shook our great city damaging homes and businesses, many people will have to make the decision to either renovate or sell their property as is. We encourage consumers to do their due diligence and contact a Realtor to help them choose which path is the right option for them. If someone offers to buy your home, a Realtor® can ensure you are getting accurate information of current market conditions for your property," added Hairston.

Source:  Greater Nashville REALTORS®, Press Release 03092020

### About Us: Greater Nashville REALTORS® is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville-area property owners. REALTOR® is a registered trademark that may be used only by real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict code of ethics. ###

INFORMATION RESOURCE In The News Blog Post

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Understanding the Market | National Overview

Contract Signings Surge, But They Could Be Even Higher
National Association of REALTORS® | February 27, 2020

Real estate pros are having a busy winter, and with buyer demand high, it could be even busier if it wasn’t for a lack of inventory continuing to plague many markets. Pending home sales rebounded in January, rising 5.2% month over month, the National Association of REALTORS® reported Thursday. Contract signings are up 5.7% over year-ago levels.

“This month’s solid activity—the second-highest monthly figure in over two years—is due to the good economic backdrop and exceptionally low mortgage rates,” says Lawrence Yun, NAR’s chief economist. “We are still lacking in inventory. Inventory availability will be the key to consistent future gains.”

The higher sales numbers are emerging despite combined inventory levels in December and January falling to the lowest levels since 1999, NAR reports.

NAR’s Pending Home Sales Index is a forward-looking indicator based on contract signings. Contract signings in January were up month over month in every region of the U.S., except the West, which saw a minor drop in activity. Sales, however, posted annual gains in every region of the U.S.

Lack of housing inventory continues to weigh on the housing market. But that hasn’t chipped away at buyer demand, even in the colder months when business typically slows.

“With housing starts hovering at 1.6 million in December and January, along with the favorable mortgage rates, among other factors, 2020 has so far presented a very positive sales climate,” Yun says. “Moreover, the latest stock market correction could provide exceptional, even lower mortgage rates for a few weeks, and that would help bring about a noticeable upturn in the coming months.”

Source: National Association of REALTORS®; REALTOR® Mag News 02272020

INFORMATION RESOURCE In The News Blog Post

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