December 2020
CNBC recently reported that Elon Musk, billionaire founder of Tesla, Inc. and SpaceX, has moved to Austin, Texas from California. Musk is among many wealthy business people, as well as everyday workers, who are deciding to escape larger cities and migrate to smaller, more affordable parts of the country. Nashville, TN finds itself in the top three cities that people are migrating to from areas like Hartford, CT, New York City and the San Francisco Bay area....
November 2020
Nashville's housing market continues to break records during the COVID-19 pandemic. According to an article from Nashville's NewsChannel 5, local realtors are staying very busy showing homes to potential buyers from Nashville and beyond. The pandemic has many potential buyers looking to change up their living situatons. Increased demand and lower supply has resulted in a very competitve market. Compared to the same period last year, the number of homes...
October 2020
In a recent article, Greater Nashville Realtors reported a 17% increase in home closings for September compared to the same period last year. Closings for the third quarter rose 12% from 13,149 closings last month compared to 12,030 closings in September 2019. This indicates that Nashville housing market is in full recovery mode. Greater Nashville REALTORS president, Kristy Hairson, says, "...The uptick in closings means that buyers are...
September 2020
Good news for the Greater Nashville area, as reported recently in the Nashville Business Journal - the housing market is proving to be very resilient despite an overall uncertain economy. "Greater Nashville quarter-over-quarter MLS data report new listings increased nearly 9% and the number of homes sold over the same period grew by 17%.", according to the results from Compass's ...
Legal issues surrounding your Nashville rental property are ever-present. There are constant changes in the federal, state, and local laws that involve fair housing, habitability standards, and other regulations and requirements with which rental property owners must comply.
At Omni Property Management, we work hard to stay educated on the latest laws. We work closely with the National Association of Residential Property Managers (NARPM) and other state and local organizations to make sure we’re up to date. Our professional relationships with experts in government affairs and...