National: 2018 Rents
February 2019
Biggerpockets.com is an excellent resource for all things real estate investing. As part of Omni Realty Nashville's commitment to our clients, we stay abreast of market statistics and trends so we can plan accordingly and remain proactive instead of reactive. In reviewing some of these trends for last year regarding rental rates, the outcome was mixed but definitely yielded a slow-down in rent escalations. Nationally, the average rent for a 2 bedroom ap
Why Investors Should Hire a Nashville Brokerage that Also Handles Property Management for Real Estate Deals
Real estate sales and property management are two different worlds, but as an investor, you need to know how to navigate both of them. Today, we’re telling you how a one-stop shop like Omni Property Management can help you manage both the acquisition and the management of your ren
What Owners Need to Do with Their Rental Properties to Get the Most ROI and Why
Most people invest in rental property to receive a reliable monthly income and increase the value on the house for long term returns. Today, we’re providing some expert advice on how you can earn more from your Read More
How Tennessee Property Management Companies Help Landlords with the Evictions Process
Evictions in Tennessee usually occur when a tenant hasn’t paid rent, but landlords can also evict when their renters break the lease and refuse to correct the problem. Today, we’re talking about how to properly handle evictions without getting into legal trouble. We’re also sh
Sale Price Appreciation Showing Signs of Slowdown
January 2019
Finally. The Greater Nashville Tennessee market appears to cooling off...for now. 2018 yielded a sales volume decrease of 2.4% with the median appreciation rate for single family homes just under 4.8%. That is down from the whopper of the year 2017 that carried an almost 10% appreciation rate. While softening may not be considered good for those listing agents out there, it really does lend to better overall market health and balance between buyers
Nashville Draws Intentional Renters
December 2018
The president of Greater Nashville Realtors agrees that there is a segment (perhaps a large one) of real estate demand that is relocating to our area that intend to rent immediately upon arrival. Being entrenched in the leasing and property management industry for almost 15 years now, we at Omni, Realtors and Property Management LLC understand this concept very well. Buying time to determine what part of town you want to be in, saving for a downpayment, or ev
Home Sales See Decrease In Middle TN
November 2018
Greater Nashville saw a 1.6% decrease in sales volume from October last year. This might be seen as a welcome sign for home buyers that have been on the sidelines due to quickly increasing prices and short supply, which lends directly to enhanced competition. We still realized a 6.74% annual appreciation rate fro single family homes, though, which isn't shabby. To see full stats. as reported by Greater Nashville Realtors, click Read More
Nashville in the Top 5 Real Estate Markets
October 2018
As we have been reporting for some time now, Nashville, TN is very high on the list of the Nation's top markets in terms of real estate investment. PriceWaterhouseCoopers' popular study has moved Nashville from 9th to 5th place. "Affordability, employment growth, population growth, and employment stability" are all factors cited for the ranking. This is the 4th consecutove year to be in the top 10, so consistency is the primary theme here. To read
Rental Market in Nashville Slowing
September 2018
The time has come. After many years, the Greater Nashville Area is experiencing an abrupt slowdown and prolonged time on market for single family rental homes. Omni Realty Nashville has been experiencing an incremental shift, and testament to this issue is the overal quality of the applicant pool. While there is still signifcant interest in our available properties, we have seen numerous applications that we, unfortunately, have had to deny at an alarm
Nashville Home Sales Update
August 2018
While supply is up a bit from a year ago (a good thing for a healthy market), the appreciation rate over the last year in Nashville, TN was still over 7%. That's better than virtually any stock I've seen recently. The increased supply should serve to minimize competition a bit and offer home buyers a smidge more selection as well. It should also help prevent the notion of a bubblier market. See the August 2018 data from the Greater Nashville Realtor
Nashville a Foodie Town? Yep.
July 2018
Nashville, TN has so many things going well. One of the lowest employment rates in the country, reasonable cost of living, awesome people, great jobs and weather, and the list goes on. A recent analysis by Trip Advisor utilizing an algorithm that considers booking volume, reviews, etc. based on all food tours and food-related experiences through their website, yields Nashville ranking in the top 10 for most booked food experiences. Check out the full list a
An Inventory INCREASE?
June 2018
An increase in inventory has been a long time coming, and for many in the Nasville Area a relief considering the tight real estate supply and the issues that go along with it. There was a decrease in closing volume over the past year, which could be considered by some "normalization." We saw an increase in unit volume to market of almost 11% which many view as healthy. It certainly will help all those people who are having a hard time finding the right loca
Tennessee Property Management Legislation on the Move
“Entry” Level Real Estate is Difficult for Buyers
April 2018
Whether you are looking for a place to live or an investment property, the entry level product and price-point is hard to come by at the moment, especially in Nashville, TN. With exceedingly high demand for more affordable options, the lack of supply creates a double whammy for anyone looking to jump in. If you are looking, y
Nashville 7th Fastest Growing
March 2018
Looking at wages, employment, population, and economic output, Forbes ranks America's fastest growing cities each year. Nashville, TN is #7 for 2018. A robust and exciting place to work and live indeed. It also makes for a great real estate market! See details and a complete list from Forbes Read More
