Looking to buy or sell a home in Nashville, Tennessee? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call us at (615) 301-1631 for a FREE home buying or selling consultation to answer any of your real estate questions.
Nashville Real Estate Market Update
Today I have brought along one of my top agents, Gaby Lira, to help inform you about the annual real estate review. An annual review of real estate is much like going to the doctor because you find out where your health has changed in the past year and where it might be going. There are three major benefits in going through an annual real estate review.- Process of Discovery: If you take the time to learn about Nashville real estate, you would probably realize the market here is red-hot. The economic and population boom around here will certainly affect the price of your home, so if you're a homeowner you need to know if there are projects or construction planned that will increase the value of your property.
- For example, the new Sound Stadium, which will be constructed in the North Gulch area, will open up new opportunities for owners and investors in that area. Only a real estate professional will give you this sort of advice and advise you to hold on to properties in this area because of all the speculation.
- You will also realize that real estate in Nashville is very localized, so what's going on in one area will not be happening in the other, and you would need a professional to relay this information to you.
- Discover Missed Opportunities or Savings: For example, if you bought when interest rates were really high, refinancing could potentially save you lots of money on your monthly payments.
- Real Estate is a Vehicle to Build Wealth: According to Bloomberg, U.S. millionaires see real estate as the #1 investment for 2014. We can do an evaluation of your holdings to make sure that your short term and long term financial needs are being met. We also need to make sure it will benefit your current status, whether you have a family or are moving across country.
