August 2020
July home sales figures show that the Nashville market continues to remain strong and an attractive choice for investors, even during this time of pandemic. Greater Nashville Realtors reports a 12 percent increase in home closings with 4,703 closings last month, compared to 4,189 last July. Contributing factors to this include low-interest rates and many people relocating to Nashville as more remote working opportunities become available....
July 2020
Greater Nashville Realtors reported this month that home closings for the month of June are up 0.5 percent from last June. This marks the first increase the Nashville housing market has seen in three months, despite an overall still-strong economy amidst the COVID-19 pandemic. ...
June 2020
As recently reported in a Greater Nashville Realtors article, current indications are that Nashville's real estate market is still strong despite the overall econonmy's coronavirus-related downturn. Greater Nashville Realtors president, Kristy Hairston, stated, "A key point to remember is the Greater Nashville area is still out producing other large metro areas where some housing markets have stalled. Our local consumers are still buying and selling homes, which is...
May 2020
Realtor.com recently reported that short-term rentals such as Airbnb, VRBO and HomeAway (that have historically been vacation/short-term rentals only) are now being forced to compete in the longer-term rental market due to the coronavirus-related decrease in travel. These companies have taken a huge hit amidst the pandemic crisis, so instead of charging relatively high per-night prices, some are now opting to rent out their furnished units for longer...
April 2020
A recent article published by Greater Nashville Realtors gives positive indicators of a steady and even growing real estate market. Many locally, and around the country, have wondered how our real estate market would fare during this unprecendented financial crisis resulting from the COVID-19 pandemic. Early indications now show that there may not be much need for worry, at least for now. The article states that there were 3,346 closings reported for the month of March...