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Market Conditions in 37212 : Real Estate Advice

  • All9
  • Local Info1
  • Home Buying4
  • Home Selling2
  • Market Conditions0

Activity 27
Tue Apr 16, 2013
Renae Voda answered:
Belle Meade Highlands - Dana Tiblier Management - 615-353-2198. Please let me know if you need anything else. Thanks
0 votes 2 answers Share Flag
Thu Jul 25, 2013
Scott Pettus answered:
Yes the HOA for any multi owner community like that is paid monthly. If you'd like to see the listing, please feel free to give me a call. To see all condos that are currently on the market. Please visit my website: http://www.nashvillecondogroup.com/search.php ... more
0 votes 7 answers Share Flag
Fri Aug 30, 2013
Bailie Rhea Hodges answered:
The old mall in Bellevue is basically a ghost town. I know that there were talks of selling it or leasing it out. However it's been awhile since I heard that.

Has anyone talked with you about other areas?

Feel free to call me at anytime. I would love to help you figure out which area is best.
... more
0 votes 6 answers Share Flag
Sun Feb 10, 2013
Nesdam47 answered:
my wife and i are interested in this home can we qualify for this my scrore 660 hers 675 we own 3 rentals but credit cards are maxed out mabye 4000 to put down
0 votes 9 answers Share Flag
Thu Jan 24, 2013
Edith Karoline Jasser answered:
You should work with your own trusted and personal Buyers Agent, you one stop real estate resource center!! Read on to see why:

Please use a Buyers Agent
Pleases if you are interested in buying a property, do yourself a huge favor and work with an experienced local Realtor, do not do this on your own!

and here is WHY:

WORK WITH A REALTOR, YOUR PERSONAL BUYERS AGENT
I am wondering why you ask this question here at Trulia, if you are an interested and determined
buyer, you definitely should connect with a local Realtor, a buyers Agent, ie a Realtor who will be on
your side, protecting your interests, finding the right property, arrange showings, answer all your
questions, help you right a good offer, get you also pre-approved for a loan, and negotiate on your behalf the very best sale price and terms and if you commit to one trusted Realtor, he or she will commit 100 % to you and his or her services if you make an offer on a property listed by a Realtor/Brokerage in the multiple listing service will be FREE to you, as Buyers Agents are usually
paid by the seller's side, out of the sellers proceeds at the closing table...ALL THAT IS REQUIRED FROM YOU TO WORK ONLY WITH ONE REALTOR AND TO BE 100 % LOYAL TO YOUR PERSONAL BUYERS AGENT!

Why would you want to do this on your own, when there are so many details to be taken care of the
right way and so many details need to be paid attention to, inspection appraisals, loan commitment, walk thru etc. etc. in order to bring an offer to a fully executed contract and that to successful closing and home purchase.

Give it a second thought and hopefully you will decide to work with a trusted Realtor, who is experienced in your areas of interest. Please commit to only ONE Realtor!! If you need recommendations get back to me I gladly forward you names..

Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE 
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties, ---- EdithSellsHomes@gmail.com
Check out my website at htttp://www.tinyurl.com/MeetEdithHere
get to know me better and learn about my experience, expertise, services available and letters of recommendation of former clients..... Also you can sign up on my site to search for properties in my expanded service area. HAVE THE MOST WONDERFUL DAY :)
... more
0 votes 7 answers Share Flag
Mon Dec 24, 2012
Stephanie & James Crawford answered:
The condo market can be challenging at the moment as financing options have been severely limited because of changes to Fannie Mae, Freddie Mac and FHA guidelines. Before assessing value on any condo these days you'll have to do a ton of research. Is it FHA approved? Does the investor concentration meet conventional guidelines? Does the commercial aspect fit within guidelines? Are there any lawsuits? Assessments? Foreclosures? Short Sales? HOA reserves funds? You get the idea.

It's pretty hard to blanketly give advice when you are comparing two buildings with no active listings or recent solds.
... more
0 votes 3 answers Share Flag
Wed Sep 19, 2012
stephen strickhausen answered:
I know of a 3 acre lot with brand new construction.
Franklin - right off the 96 exit (Off of Royal Oaks)
$315k

Stephen Strickhausen
Benchmark Realty
6154805770
sstrickhausen@gmail.com
http://www.sstrickhausen.com
... more
0 votes 8 answers Share Flag
Tue May 29, 2012
Sarah Goulart Nathe answered:
This depends on what information you are talking about. In general, listings have a 2-4 day delay from when they are listed to when they hit this site. I have not used it for recent sales very often. Does your town allow you to search the public records for recent sales? That may be a better way to present your information than from a website like this. ... more
0 votes 4 answers Share Flag
Mon Apr 16, 2012
Allen Perry answered:
Hello there Mr. Randell,

I can't speak for the Norfolk real estate market, but as a professional real estate agent with years of experience in Nashville, I can tell you that the Nashville real estate market is continuing to show encouraging trends as each month passes in 2012. The number of home sales is increasing and pending sales are strengthening, too.

Infact, I just blogged about the Nashville real estate market today, based off numbers I received from a March data report released by the Greater Nashville Association of Realtors. Give it a read and you will see that the Nashville market is strengthening rapidly. The blog post, titled "March Home Sales | Nashville Real Estate," can be found here: http://www.nashvilleonthemove.com/2012/04/march-home-sales-nashville-real-estate/

As far as the options for renting out your home in Virginia and renting and/or buying in Nashville, feel free to contact me via email or give me a call and I would love to talk about those options with you and help you find a home here in Music City.

I hope to hear from you soon!
Allen Perry
www.nashvilleonthemove.com
... more
0 votes 1 answer Share Flag
Fri Mar 1, 2013
Andrew Fox answered:
It is a solid 7-8 right now. Metro Nashville and the surrounding areas like Clarksville are very fortunate. With the local tourist, military, and the gaining civilian job sector the only way to go is up right now. ... more
0 votes 5 answers Share Flag
Thu Nov 8, 2012
Kelvi Cunningham answered:
Let me get out my crystal ball. Just a minute.............

Just kidding. I wish I knew. Let me know when you figure it out. :)
0 votes 13 answers Share Flag
Tue Mar 15, 2011
Pat & Joe Rice answered:
Have you spoken with a lender to find out your credit score? That will have a definite impact on your decision to purchase a home. No one can predict what will happen in one year with prices or interest rates. For more information, call me at 613-3318 to review your situation. ... more
0 votes 12 answers Share Flag
Thu Aug 26, 2010
Katrina Lee answered:
The Donelson or East Nashville areas. Property values are UP and people love to live in these areas.
0 votes 12 answers Share Flag
Wed Aug 25, 2010
Kevin Pellatiro answered:
The demand is not quite as great as the inventory in general right now, but some prices seem to be stabilizing. For instance, under $300,000:
There is slightly more demand than inventory showing (5.6 months of available units) but still a relative balance - especially when you factor in the available units not listed for sale publically - with almost 18 properties going under contract or finalizing sale each month since last August.

Which properties are the most attractive for you? And are you keeping a closer eye on the Gulch or central Downtown itself for your plans?

Kevin Pellatiro
Hoping to help you take advantage of the market – when you are ready.
(615)714-7918 | kpellatiro@realtracs.com
... more
0 votes 1 answer Share Flag
Tue Sep 22, 2009
stephen strickhausen answered:
Jan,

I have an investor that I work with closely. He will tell you that the least he has made on an investment is $22,000 ( and that includes the last 2 years). He would be more than happy to talk with you if you want.
As far as neighborhoods and areas.... I have seen a return on investments on just about all of middle TN. Franklin, Brentwood, Fairview, East Nashville, Hillsboro Village and the list goes on. Stay around the area you live and get the help of a solid RE agent (at least for the purchase side).
Stephen Strickhausen
KELLER WILLIAMS REALTY
9175 CAROTHERS AVE SUITE 110
615-778-1818
Sstrickhausen@gmail.com
... more
0 votes 4 answers Share Flag
Thu Jul 16, 2009
Maria Patton answered:
Hi Gregg,

I can't say that I have really been seeing a " shortage " of condo's on the market. I can say that in a couple of the hotter markets in Nashville Area 2 which is Green Hills, Belmont, 12th South.there were approx. 271 condo closings in a 90 day period and in Area 6 which is East Nashvill there were around 25. Compared to the condo inventory, that is not great, but they are selling. Please let me know if I can be of further assistance.

Maria Patton
Keller Williams Realty
... more
0 votes 3 answers Share Flag
Mon Jul 6, 2009
Marilyn Bell answered:
Craigslist.org is probably your best bet, but you can google for free classified sites to find others. There are also roommate sites out there, but I'd go with Craigslist. It's more widely used. ... more
0 votes 6 answers Share Flag
Sun Apr 4, 2010
Stephanie & James Crawford answered:
Howard,
There are several options in the price range you've indicated - depending on how close you'd like to be to the campus. Here is a link showing the available units in 37212 and the surrounding zips:
http://listings.realtracs.com/Reports/EmailPublicReports.aspx?EmailID=24858920&reportid=4

As for value projections, it's hard to say in this market. I can tell you that Metro Nashville area values are down just 2.6% from the same time last year which is much more stable than the national average of over 11%. The Vandy/Belmont area has always been a desireable area. There is absolutely no reason to believe that will ever change.

I specialize in the condo market. You can learn about just about every development on my page below.
I'd love to opportunity to earn your business. Please let me know if i can help at all.
... more
0 votes 14 answers Share Flag
Mon Jan 26, 2009
Maria Holland answered:
Absolutely not! Now is a great time to buy. Prices are not only down, but interest rates are at an historic low. Couple that with the $7500 tax credit and it is a win.win.win situation for first time homebuyers. Your higher priced homes are the ones that will typically dive lower. Lower priced homes could go down slightly, but it will depend on the area. Areas like Antioch have been flooded with foreclosures; therefore, pushing prices of homes down further and further. Areas like Crieve Hall have remained relatively stable. People who are needing or very much wanting to move are reducing their prices in the negotiation process. Many homes have been on the market for a very long time, and homeowners are now more willing to take a lower priced, more realistic offer. I think the people who wait will be disappointed in the long run because I believe that interest rates are going to go up considerably thereby making housing less affordable.

I would love to help you find that first home. Check out my website at www.mariaholland.net or give me a call at 615-289-6056. Hope to hear from you.
... more
0 votes 18 answers Share Flag
Tue Oct 28, 2008
kimberly-hodges answered:
Because our system is somewhat limited, I broke out residential and condo activity:

1) Residential current listings (137) Avg sqft $184.12, Avg DOM 84
2) Residential sales pending (8) Avg sqft $138.86, Avg DOM 104
3) Residential sold YTD (211) Avg sqft. 180.91, Avg DOM 71
4) Residential sold 2007 (279) Avg sqft. $191.20, Avg DOM 53
5) Residential sold 2006 (337) Avg sqft. 181.02, Avg DOM 60

6) Condo current listings (281) Avg sqft. $294.70, Avg DOM 160
7) Condo sales pending (23) Avg sqft. 296.55, Avg DOM 152
8) Condo sales YTD (332) Avg sqft. $230.56, Avg DOM 59
9) Condo sold 2007 (716) Avg sqft. $226.06, Avg DOM 59
10)Condo sold 2006 (410) Avg sqft. $214.14, Avg DOM 34

While you can see that the quantity of sales decline is extreme, it is important to note that square footage values are holding or increasing in either category. I would say that the residential market is much more in tune with today's economic situation and finding a "good buy" here will appreciate at a moderate amount; and that the condos are very much overpriced, and developers/builders are going to have to make drastic cuts in order to sell....in other words, don't buy a condo!!!!!
... more
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