News

Should I Get a Home Warranty for My Nashville Rental Property?

If you’re new to investing in Nashville rental property, you may be considering a home warranty. We strongly recommend against purchasing a warranty, and there are several reasons for this, which we’ll discuss in detail.

Unfortunately, we’ve never had a scenario where the protections and savings offered by the warranty company actually materialized. It ends up costing more time and money, and leaves your Nashville property managers and your tenants frustrated...

January 2021

The Greater Nashville housing market thrived in 2020 despite uncertainty surrounding the ongoing COVID-19 pandemic. Greater Nashville Realtors reported this month that total sales were up 6 percent overall in 2020 from 2019. There were 44,850 homes sold in the region, compared to 42,356 closings in 2019. Fourth quarter numbers were even more impressive with an 18 percent increase over fourth quarter of 2019.
"The figures...

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...