Nashville Real Estate Blog

Nashville Real Estate Market TrendsThe Greater Nashville Association of Realtors has released the latest numbers relating to the Nashville real estate market, which show median home prices in the area are up a whopping 10% from this time last year. At last check, single-family homes are now commanding a median home price of $258,900, which as mentioned is up 10% from May 2015. The spike in prices undoubtedly relates to a tightening inventory, which continues to be less than a three month supply. For reference, a more stabilized market tends to have close to a six month supply.

Nashville certainly isn’t the only market with low inventory, though, as a dwindling housing supply seems to be a national trend that is affecting most major markets. According to reports, inventory levels were down

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Cottage Homes in the Nashville AreaNashville is one of those cities where home buyers can find just about anything they could want when it comes to a new place to live, but among some of the more popular options right now happen to be smaller cottage style homes that seem to be popping up all over the Nashville real estate market.

Outside of older cottages and bungalows, which of course still have plenty of appeal and desirability, even cottage-style new developments are increasing in popularity for a wide variety of reasons, with affordability of course leading the way. First time home buyers specifically wanting a detached residence love what a smaller, cottage-style home brings to the table, both from a lifestyle and budget standpoint. Additionally, anyone looking to downsize might also

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There are tons of unsightly everyday items that we'd all love to neatly hide; but most homes don't have quite enough storage space to make it easy! Unopened mail, cleaning products, shoes, magazines... In smaller spaces and homes in particular, or even studio apartments, all your daily necessities can be an eyesore, just because there's really no good place to store them. So we've come up with a few clever ideas to beautify your living space, and also to hide all those necessary items cleverly from view!

Cleverly Placed Art

Oversized paintings on hinges-- or even well-balanced on nails-- can cover thermostats and circuit breakers, helping your decor seem that much more cohesive. You can also use this trick to cover awkward cable outlets, wall

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The market is so hot lately that it's not usually a chore to sell a Nashville home; especially if it's a short drive to downtown or a condo close to local universities. But no matter what area of town a seller lives in, or how nice the home, many sellers can forget to highlight a few things which buyers love while focusing on renovated kitchens or proximity to schools.

Storage Space

It might seem silly, but mention all your extra storage space if you have it! Especially if it's an otherwise small home or condo. Many of the home buyers in Nashville these days are first time home buyers, heading from apartments to their first real place. And many local Nashville apartments lack a lot of storage space, which can produce a lot of unfortunate clutter.

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Surprised to find your neighbor's house is worth a lot more than yours? Or maybe you're considering selling your Nashville home? Don't worry: home prices can fluctuate quite a lot over time. Think of them a little bit like airplane tickets: they fluctuate over time, some seasons they can sell for more or less than others, and the more people who are wanting to fly to a specific destination, the higher the prices to get there are. Your home is little different: the more people who are wanting to move into a neighborhood, the higher its home prices tend to raise. And just because you paid $300,000 for your home back in '95 doesn't mean that's what it's worth now!

So if you're considering renovations, selling, or just want to know why your home has

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Visitors often treat open houses like casual walk-throughs, commenting on paint colors and fixtures. But it's important to remember that an open house isn't just a great opportunity to get a feel for a space, but to ask questions directly of the owner and the listing agent to get detailed insights. And when the Nashville real estate market is hot, open houses can be the only times to ask these individuals questions about the home: some homes will receive accepted bids even at the open house! So in order to get the most out of an open house experience, keep these questions in mind. 

How Many Offers Are On The Home?

If the home has already received several offers, you might already be too late to the party. If you know how long the home has been on

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Back in December, some members of the House of Representatives brought a bill to the floor which might help first time homeowners secure a mortgage... even if they have a terrible credit score! It's not a law yet... but it might become one! Without going into all the legislative details, what it will effectively do is allow mortgage companies and government-backed lending institutions to consider credit score variations other than the FICO model. 

The argument is that the FICO model is unfair to many groups of people, including low-income families, first-time home buyers, and minorities, in part because it relies upon data now two decades old. So, it would open up the floor for companies to use other models to approve home buyers, and to also make

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There are a lot of ways your home can pose a fire hazard; and the risk isn't as small as you think! According to data released by the Department of Homeland Security, every year in the U.S. home fires cause the deaths of over 2,500 people, and result in over 7 billion dollars in lost property. Even worse? Newer homes are often more flammable than older ones, as the furniture and items in them can ignite faster thanks to all their synthetic materials. And synthetic, flammable materials are everywhere: drapes, sofas, carpet, upholstry stuffing. And the open floorplans we love so much contribute to a fire's ability to spread easily.

Luckily, there are a few easy tricks to help not just reduce the likelihood of a home fire, but to reduce its ability to

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You're ready to start home searching, but that means you need to look for a home loan! You could always consider going to the bank, and many people feel that having all of their banking and financial services done by one institution can save time and headache. There are pros and cons to each option, not all of which are immediately obvious. 

Sticking With Your Bank

Believe it or not, for some people, it's a little easier to manage their monthly finances and their budget, and sticking with their regular bank can help them keep track! Also, since it's the same institution, sometimes they can do automatic withdrawals and other small perks to make managing your money easier.

But there are downsides! For example, the individual you're working with at

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A lot of people care more and more about beautiful, natural-feeling lighting. And given that there are a great deal of older homes for sale in Nashville, it can be hard to buy a home which comes with fantastic lighting unless you're willing to start paying in the 'luxury' end of the price range. And believe it or not, it's very easy to upgrade lighting from 'uninteresting' to 'wow factor'. Instead of going through a lot of trial and error to find the perfect lighting and fixtures for your home, we've got some great tips and tricks for you! 

Get Lighting For the Room's Layout

Think like a designer when you're considering the lighting in your room! If it's a large room, for example, with well-spaced outlets, consider beautiful floorlamps to accent the

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