Nashville Real Estate Market 2009

It's only been a few weeks now into 2009 and the real estate market in Nashville Tennessee seems to be showing signs of picking up. One of the major indicators of this increased activity is the number of appointments agents are making to show homes. The Appointment Desk is a subsiduary company owned and operated by the owner of RE/MAX Elite in Nashville, Robb Campbell. Robb has seen the showings double from the month of December and that is in the first two weeks of January 2009.

This increased activity at some point will result in sales and the buyers will close on homes and hope that they bought at the bottom of the market. The other buyers who are waiting for the bottom are playing a game of poker with no real idea…

The List Price
It used to be that when a person wanted to sell their home they would contact their realtor, or interview 3 or 4 realtors, and through an analysis of the market sales statistics come up with a potential listing price for their home.
As with most subjective processes there is usually a range of opinions on the best price to list the home at, the seller usually wanting a higher list price and the realtor trying to strike a balance to reflect the recent sales activity and keep the seller happy without over pricing the home.
 
The Sales Price
In reality there has always been a price range that the home will sell for. There is the absolute maximum that can occur when the perfect buyer believes they have found the perfect house and… Read Full Post

It would seem that with all the negative reports in the media that real estate sales are set to hit record lows, builders and developers will be going out of business and 9 out of 10 homeowners will be facing foreclosure in the next 6 months!

I have to say that in Nashville we really haven't seen any decline in the demand for information about the real estate and homes for sale. Inquiries are actually up around 30% from this time last year for our team, The Ashton Real Estate Group.

What is noticeable though is the attitude and state of mind of the buyer. The media helps to build up peoples expectations and preconceived ideas so all the talk of the mortgage sub prime crisis, the possibility of a $8 gallon of gas, the possible government bail out of…

Fairvue Plantation, Gallatin TN

Fairvue Plantation is conveniently located in Gallatin just minutes from the new Vietnam Veterans Expressway which leads to I65  and ultimately provides a quick and easy connection to the new Indian Lake Shopping center in Hendersonville as well as making the commute to down down Nashville a mere 30 minutes away.

Fairvue Plantation has the distinction of being the only golf course community, along with its sister development Foxlands, on a lake in the Greater Nashville area. if you want to live on the lake and play golf then you only have one choice,,,,well two if you count Foxlands as a separate community ;)

The recent announcement by the army corp of Engineers that the development has been approved for a…

If you are considering a move to the Nashville Tennessee area and living on a lake is one of your main criteria the Nashville has a number of opportunities for you starting around the $400,000 mark for a 3 bedroom 2 bath 2000 sq ft home.

If you then add to that search profile the desire to live on a golf course and live on the lake then your opportunities for all of Nashville suddenly  narrow down to one choice namely Fairvue Plantation in Gallatin which is one of the premier golf course communities in the Greater Nashville area and more specifically the only golf course community on the lake (Old Hickory) although the sister community of Foxlands is now taking shape as the golf course is now open.

The appeal of living in golf course community is…

Hidden River is a gated community in Franklin Tennessee that is propably the very pinnacle of the real estate market in the Nashville Tennessee area.

The natural beauty of theis upscale estate home community is something that never will lose its appeal. As a result homes in the subdivision do not come on the market very frequently and even though the entry level is around $3,500,000 these homes don't stay on the market for long either.

The level lots are all around 8 acres and more and in some case over 20 acres. The community is surround by the river which is hidden from immeadiate view buy all the trees, hence the name Hidden River.

The community was originally built with the idea of the owners all having their personal horses living on the…

I'm originally from England and the price of gas in the US (petrol for me) has always been a source of envy for the Brits. The price per gallon in England ( although they use litres now) is probably close to around $6! The effect of this is to drive the auto makers to produce smaller more economical cars.

The hybrid seems to becoming more and more popular and as the $4 gallon looms ahead I'm seriously considering trading in my gas guzzling Navigator for a green machine ....saving me some green too...as well as helping to save the planet :)

The other aspect of the rising price of fuel is the impact it has on the buyers decisions when it comes to choosing the next home and the location. In the past if some one wanted a 5 bedroom home with a couple of…

Golfing in Nashville Tennessee

I have some clients that have a preference for the area to the South of Nashville within 25 mins of the city. The school system is recognised as being one of the best in the country and Williamson County strives very hard to maintain that reputation. Also the fantastic and extensive shopping facilities at Cool Springs and also the boutique stores in downtown Franklin and The Factory stores all add to the appeal. When they are also considering golf course communities and golf homes Brentwood and Franklin primarily are the areas that immeadiately spring to mind.

Westhaven, in Franklin Tennessee, is the newest development in the area and is soon to open a private golf course.

Westhaven is tremendously beautiful and very…