ICON in the Gulch is one of the hottest properties for sale in the Nashville real estate market with 420 condo/lofts ranging from $219,900 to $1.2 million.

The ICON is located at 12th Avenue South.  It  boasts amenities such as a fully equipped fitness center, 2 rooftop pools and convenient covered parking.  Walk to The Station Inn to hear some of the best bluegrass music around, eat fresh seafood at Watermark and shop for fresh whole organic food at The Turnip Truck.  Dry cleaning,  market and coffee shops are conveniently located street level.

West End Lofts located at 117 30th Avenue are urban lofts with exposed ductwork, open floor plans, 19 ‘ high ceilings and oversized windows.  Close to Vanderbilt University, Baptist and St. Thomas hospitals and close to the 440 interstate.  The West End lofts are also close to many delicious restuarants such as Stoney River, The Tin Roof and Maggianos.  

Call Mark Haining (615) 496-8885 for all the latest in Nashville lofts and Middle Tennessee real estate.

Take heart Nashvillians! We’re on the rebound in our climbing Nashville real estate market.

In today’s uncertain economic climate, home values are always on owners minds. As realtors we are challenged to get Nashville buyers and sellers educated about our great city.  The plights of California, Nevada, Florida, and the other markets, unfortunately get all too much attention . It’s often difficult to get local consumers focused our actual numbers and not the overall national landscape reported by the CNN’S and the multitude of media outlets that consumers are exposed to daily. Below is a list of cities that are trending counter what the national news services are announcing and blogging about. Nashville in fact is among a small group of cities that are headed in the right direction.

Inman News identifies 10 markets where real estate agents are faring well despite the economic and housing downturn, based on total sales, median price, and license and Realtor group membership data.

The 10 markets are:
Seattle-Bellevue-Everett, Wash.
Fort Worth-Arlington, Texas
Denver-Aurora-Broomfield, Colo.
Salt Lake City, Utah
San Antonio-New Braunfels, Texas
Pittsburgh, PA
Dallas-Plano-Irving, Texas
Kansas City Mo.-Kan.
Austin-Round Rock-San Marcos, Texas
Nashville-Davidson–Murfreesboro–Franklin, Tenn.

Average sales volume in these markets ranges from $599,171 (Nashville) to $1.54 million (Seattle) and sales per Realtor ranging from 3.2 (Austin) to 8.3 (Fort Worth). The median sales price edged up in seven of the markets in May from the prior year, and the three markets where prices did not rise managed to escape double-digit declines. From June 2010 to May 2011, the median sales prices ranged from $107,250 (Pittsburgh) to $302,000 (Seattle). These markets all have populations topping 1 million and unemployment rates that are generally better than the national rate.

[SOURCES: Inman News; Information, Inc.]

If you truly want an accurate look at the value of your own residence just give me a call. It’s likely that your home in now worth a little more than you might have expected. Home prices in Nashville real estate have been increasing for 4 straight months and the trend is showing signs of continuing.

Mark

     Selecting the  right company to transact a real estate sale is almost as important as finding the perfect home. Contracts sometimes don’t close on time due to errors or slowness in response to time sensitive documentation. Amanda Vaughn at Commerce Title and Escrow is, as far this Nashville real estate agent is concerned, one of the best in the business. Here’s a letter from one of her recent clients that had a small but significant issue come up prior to closing.

165 Salient Lane
Mt. Juliet, TN 37122

Commerce Title and Escrow, LLC
1812 Broadway
Nashville, TN 37203

August 17, 2011

To Whom It May Concern:

I would like to thank Amanda Vaughn for the outstanding Escrow and Closing service that she provided us with when we closed on our home on Salient Lane. Her assistance went far above the normal type of customer service that is usually given.

Ms. Vaughn was very careful with all of our documentation and paid attention to detail in an absolutely amazing way. We moved to TN from another state and relied on her heavily to make sure that the title of our new home was properly secured. We purchased our home from a huge national building group, but when they did not want to provide Ms. Vaughn with a particular piece of information that she knew was pertinent to securing a clear title for us, she communicated with the builder in a very clear, open and precise way. Her persistence paid off for us; the builder claimed that they had never provided that specific piece of documentation and did not want to submit it. When Amanda insisted that she would not recommend that we close without it, they did finally provide it for us. We are absolutely certain that even if no one else on our neighborhood has a free and clear title to their home, we know that we do!

In addition to all of that, she was incredible about answering any questions, whether by phone or email, in an immediate and complete way. In my business, our policy was to return all calls or emails within the business day. That, in our opinion, was providing exemplary client services. Amanda, however, returned all of our calls and emails usually within an hour despite a very busy and demanding job. She was always pleasant, friendly and professional.

My husband and I commend Amanda Vaughn on her outstanding service to us, and highly recommend her to anyone in need of an Escrow and Closing agent. Please feel free to contact me at 502.386.4644 or marthambryce@yahoo.com if you would like any additional information.

Sincerely,

Martha M. Bryce

Nashville real estate is on the rise again. Prices are attractive and low mortgage rates are making a home purchase a smart choice. If you’e in the market and you purchase, consider Commerce Title and Escrow when choosing a closing company.

Mark Haining

Music City Lifestyles

4. Nashville-Davidson-Murfreesboro-Franklin, TN.

Q2 2010 home price change: -4%

Three-year home price forecast: 3%

Population growth, 2000-2005: 10%

Investors as well as Nashville home buyers can take heart in Nashville’s solid real estate market. Nashville Home Search Online has been reporting for awhile that the Nashville residential market is a good place to spend ones hard earned dollars.

Top Ten:

Raleigh-Cary, N.C

McAllen-Edinburg-Mission, Texas

Austin-Round Rock, Texas

Nashville-Murfreesboro-Franklin, Tennessee

San Antonio, Texas
Colorado Springs, Colorado
Albuquerque, N.M.
Denver-Aurora-Broomfield, Colorado
Springfield, Mo.
Indianapolis-Carmel, Ind.

The study points out that population growth in markets not severely hit by the recession is a big reasons for the rosy picture. Those of us who call Nashville home can tell you that people coming to town will cite the ease of living, lack of state sales tax, youthful population demographic, moderate climate, and location, location, location. Nashville is about an 8 hour drive from 70% of the nation’s population. Did I mention that Nashville not only home to the Country Music Industry. Music insiders point out that Nashville is the process of becoming the mecca of all American popular music. Nashville boasts an easy in and out international airport, making air trvel anywhere easy as a summers breeze.

To read the Forbes story from their site click here. If you’re a nuts and bolts type and would like to analyze the parameters and the metrics, try this one .

Happy Home Hunting!

Mark

Nashville Real estate Search Online

GNAR NEWS   Special Issue - November Home Sales   December 9, 2009
GREATER NASHVILLE HOME SALES INCREASE MORE THAN 50 PERCENT IN NOVEMBER

There were 1,973 home closings in Greater Nashville during November, representing a 58.7 percent increase from the 1,243 closings reported during November of 2008. And, there have been 19,571 closings so far in 2009, which is 14.3 percent lower than the 22,824 closings for the same period in 2008.

The median residential price in November of this year was $158,500 and for a condominium the median price was $144,400. That compares with median prices of $165,500 and $150,000 respectively in November of last year.   Inventory is down to 22,528, compared with 23,467 in November of 2008.

A good part of  the upward  trend is due to the continuation of the New home buyers tax credit. Current home owners are now eligible for a $6500 tax credit for the purchase of a home. There has rarely been a better time to purchase a new home, Inventory has approached normalcy, Interest rates are historically low, and both first time as well as returning buyers can take advantage of thousands of dollars of savings. If you’ve been on the fence, it’s time to hop off and get a contract on your next dream home before of the 1st quarter of 2010, or loose out on what might be a wonderful opportunity.

Nashville Real Estate Search Online and the First Time Home Buyer Tax Credit

Part 1 of a 2 Part Posting

There is a an enormous amount of interest in the new Tax Credit that is available for “First Time Buyers”.  The purpose of this posting is to give BUYERS insight as to how they might benefit from these new Federal guidelines.

I’ve made this a 2 part posting as there is a lot to digest, and because there are quite a few resources within that I recommend reviewing before making a decision.

IT”S A GREAT TIME TO BUY!!

Mark Haininig, and Village Real Estate Services can help you and represent your interests. Mark Haining, REALTOR® is a buyer’s agent with the skills and experience to help promote your interests and guide you through what can be a very complex transaction.

Motivated Sellers and Inventory

Now is an ideal time to buy, in most markets prices won’t go any lower and there is an abundance of inventory. Inventory of homes for sale in Nashville is at a 15-year high. There are many options out there for many buyers and many sellers who are willing to negotiate and work towards a win-win situation that works for both parties. Go to www.home2nashville.com to see hundreds of active listings.

Nashville  Home Sales are Getting Stronger and Every Market is Different

Remember that all real estate is local and that all markets are different. There are opportunities out there for a buyer if you’re willing  to look. The Home Buyer Tax Credit contained in the Housing and Economic Recovery Act of 2008 was updated in the American Recovery and Reinvestment Act of 2009. For 2009 purchasers the credit is $8000 and does not need to be repaid. The credit is available through December 1, 2009, meaning qualified buyers only have a short window of opportunity to take advantage of this special program. A modest recovery for existing-recent home sales in Nashville is expected in 2009. Pent-up demand, coupled with an abundance of safer mortgage products, will lead to near-term market improvements. The Emergency Economic Stability Act enacted on October 3, 2008 will help to improve credit markets and allow housing to lead the economic recovery.

FHA Loans Set to Increase

There are many choices for buyers looking for mortgages in this market. One option, FHA home loans, are a viable alternative for many first time buyers. The Federal Housing Administration (FHA)— which is part of HUD — insures the loan, so your lender can offer you a better deal, offering low down payments, low closing costs, and easy credit qualifying. FHA market share for home purchases is expected to rise significantly over the next 3 years, from an estimated 4% in 2007 to an estimated 35% in 2009. Find out about FHA and other loans, go to www.Hud.gov/buying/loans and www.REALTOR.org and do a search for Consumer Literacy.

Part II to follow.

Thanks for visiting  Nashville Real Estate Search Online