Over 4500 hundred showings were recorded by our appointment center. The largest number of showings since August 2009,  6 months ago.

This was despite freezing temperatures and the coldest February in 30 years.

The $8,000 Tax Rebate is seen as the principal driving force behind these numbers. You can expect Nashville Pending Home Sales for March to reflect these numbers. Closings for March and April will also be inflated by this strong showing.

If you are selling a home in Nashville, you should be receiving strong viewing right now.

Nashville Home Buyer Appointments for February 2010

To learn more about Homes for sale iin Nashville visit our website

To Search Homes on the Nashville’s Award Winning MLS use this link

According to Tom Matthews of HomeTown Lenders in Mt. Juliet, ” these are the lowest rates on luxury homes that I’ve seen in 3 or 4 years.”

Often called “Jumbo Loans”, mortgages on homes costing more than $417,000 in the Nashville area, these loans have been cost prohibitive for buyers up to now.

 ”Last year Jumbo rates were in the 7-8% range and no one was buying”, said Tom.

” Now we have 6.25% to 6.55% and buyers are moving again.”

The important thing here is that loans are not Federally Insured like FHA or VA loans. This money is coming from the private sector.  And the private sector is saying “We believe the market has hit bottom  and these homes will appreciate from this point.”  A sorely needed vote of confidence from the mortgage industry.

Luxury home sellers in Brentwood, Franklin and other high end markets should take this as a positive sign.

Home Buyers can qualify with a 650 credit score AND just 10 % down.

Here are the rates:

Search Nashville Homes

Hendersonville has for a long while been the ideal place to live. With award winning schools, access to Lake Hickory and loads of shopping, the area has had a solid market for homes over many years.

But like other Nashville areas like Brentwood and Mt. Juliet, Hendersonville is experiencing price corrections.

The Median price of a home in Hendersonville eased to just $195,000.  That’s a 15% decline in one year. The average price per sq. ft. is about $90.  Days on Market also slid to an average of 132 days from 91 in 2009.

Market forces are at work here. Job creation in the Hendersonville area has not kept pace with Cool Springs where Nissan and other large players have moved their HQ’s. 

A positive sign for home buyers who have wanted a home here, these prices are the lowest since 2005!

Click on the report to see everything

 Compare to the same period in 2009 

Search for Homes in Hendersonville

Home sellers in Brentwood TN had a rude awakening in January 2010.  Just 110 homes sold in Brentwoood, TN during the month of January. 

Although this was a very slight improvement over January 2009, when just 106 properties were sold, it was far below what home sellers and Realtors were hoping for.

The other issue for Brentwood home sellers is the price of whats selling.  In 2009 the median price of a home was $356,748. But in January of 2010 the median has dropped to just $312,450.  Slightly more than 10%.  Less than $120 per sq.ft. , a price not seen in  Brentwood since 2006!

One positive note, Days On Market (DOM) for homes that sold in 2010 was 83 days!  Indicating that there are buyers out there, but they are looking for deals, when they find them, they make offers.

The takeaway from this for home sellers is: Price it well and it will sell!

For home buyers: You have an opportunity to buy into Brentwood at prices not seen since 2006! Go for it!

 Checkout Homes for sale in Brentwood

Mt. Juliet Homeowners have once again outdone the national Real Estate reports.

While homes around the country were dipping in value, Mt. Juliet saw increase in sales and home prices in January.

In 2009 just 23 homes sold in the Mt. Juliet area.  This year that number increased to 36!  Thats more than 33% Year Over Year (Y-O-Y).

Additionally the average home in Mt. Juliet during january sold for $245,527.  That compares very favorably with the average home sale in 2009 which was just $194,000.

The large difference is attributed to 2009 buyers being mainly ‘first-time” buyers who were spurred on by the government $8000 Tax Rebate.

Here are the actual numbers from the Nashville MLS:

Mt. Juliet Home Sales January 2009

Home Sellers in Nashville saw big gains at year end. In 2008 just 249 homes sold in Nashville during December. This year that number climbed to 285 Homes, a 15% increase!

December 2009 Home Sales Nashville

  The increase in the number of sales was offset slightly by a price adjustment. Nashville Homes sold in December 2009 for about 7% less than they brought in the same month in 2008. So as Nashville Homes become more affordable, they sell more quickly!

December 2008n Home Sales

The Average Price Per Sq. Ft.

In December of 2008 the average price per sq.ft. in Nashville was $122.24. In 2009 that number slipped to $112.44

Whether you’re buying or selling a Home in the Greater Nashville Area, We’re here to provide you accurate Market Research to Help you negotiate when the time is right.

Tennessee Farmers

Tennessee has an active agricultural community committed to providing citizens with healthy & fresh vegetables, fruits, meats, cheeses, organic foods, CSA (Community Supported Agriculture), corn mazes, pumpkin patches and more. 

Check out www.tnfarmfresh.com for a list of farm producers that will sell fresh farm produce direct to home owners.  Buying local also means that you are buying green as local = lower energy input costs.  You can meet the farmer and create a relationship that will develop around trust and integrity for years to come.

  Click on www.tnfarmfresh.com and you will be on your way to providing better, fresher, healthier, local farm produce and products for you and your family while supporting a strong local agriculture.  A key ingredient to making your life in Tennessee richer. 

Gary Rabideau, Realtor/Farmer

Article contributed by Gary Rabideau, Realtor

Nashville Skyline

The Harris Poll named Tennessee # 9 of all states, behind Hawaii, California and Florida.  Nashville was Voted the #12 City for best places to live.

This is not the first time that Nashville has been in the top 15 of the annual report, but it’s good to know we are still in there while many cities like Chicago and Kansas City have dropped off.

Use thios link to read the articale at Harris Polling, http://www.harrisinteractive.com/harris_poll/pubs/Harris_Poll_2009_10_05.pdf

As the owners of NashvilleHomeSearcher.com we see the numbers of people who are looking to move to Tennessee and especially Nashville, every day.   If you live here now, consider how fortunate you are. And if you considering a move, you won’t go wrong with relocating to Nashville, Tennessee.

Classic Ranch Home on walking Street near Cumberland University

This 3 bedroom, 3 bath home is in Lebanon’s classic Greenfield neighborhood, just two blocks from Cumberland University, the public library, Pixie School and shopping.

The neighborhood is famous for walking in the evening.  Homes in Greenfield are priced between $150,000 and $500,000.  The home next door to this one has been appraised for over $300,000.

One of two fireplaces in the home

The home features Hardwood floors throughout, however they have been concealed under carpets.  All the bathrooms have ceramic tile,  The home has over 2,000 sq. ft.  There is a beautiful den with a second fireplace.

Gorgeous second fireplace in den

The home has 3 large bedrooms , all with large closets.  There is a formal dining room as well.

Master suite has private bath

Formal Dining RoomThe home comes with all appliances, as well as a nearly new washer & Dryer.Master suite with private bath

The garage also has a workshopThe view from the back yard