Nashville Real Estate Resources

We have been very busy over the past month adding more Middle Tennessee and Nashville real estate resources to our website! If you are considering buying or selling a property in the Brentwood or Franklin areas you will be excited to find our new Fieldstone Farms web page and Governors Club web page. These pages will feature up to the minute listings in both neighborhoods arranged by list price. If you have any questions about any of the homes listed, I am more than happy to help. Call me direct at 300-4695.

We are also excited to feature Nashville’s excellence in real estate on our brand new page dedicated to Million dollar estate homes and equestrian properties in Middle Tennessee. This page will also feature an up to the minute listing of all the Nashville estate homes available within a 45 mile radius of our capitol city!

As always you can find tons of helpful information on our website. We feature a list of all the schools in Nashville, home buying steps, home inspection information, home staging tips, dual agency explanation, home selling tips, and coming soon, homeowners insurance information!

If you are looking for the best Realtors in Nashville, you have found them. We are available to help you purchase or sell property in any price range in any suburb in Nashville. We have Middle Tennessee Real Estate covered!

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So you think you know Nashville?

As of the latest information statistics from the 2003 census update, Middle Tennessee has a total population of 1,435,528.

Did you know that Wal-Mart is Tennessee’s largest private employer? They gainfully employ 32,000 people in Tennessee. Fed-Ex is second on the list with 30,000 employees; Vanderbilt is third with 16,279; Kroger Limited is fourth with 15,500; and Eastman Chemical Corp. is fifth with 11,100 employees.

Did you know that there are 36 hospitals in Middle Tennessee? Our incredibly plentiful health care system is anchored by Baptist Hospital, Saint Thomas Hospital, Centennial Hospital, and Vanderbilt University Medical Center.

Did you know that Nashville has 71 secular and non-secular private schools? Several of these institutions have nationally ranked academic and athletic programs; including, Montgomery Bell Academy. For the 2004-2005 academic year, MBA has 12 National Merit Scholar semifinalists (twice as many as any other Nashville area school) and 100% of the student body is college-bound.

There are also 36 higher education institutions in Middle Tennessee including Vanderbilt University, Fisk University, Belmont University, and Lipscomb University. This ranks Nashville and Middle Tennessee as the 7th most prolific center for higher education in the United States.

Last year, Middle Tennesseans gave $17.9 billion, yes Billion dollars to charity.

And finally, the July 2005 median home prices by County:
Cheatham – $136,000; Davidson – $157,400; Dickson – $110,000; Maury – $140,000; Robertson – $139,900; Rutherford – $143,200; Sumner – $170,000; Williamson – $315,482; Wilson – $172,050

Don’t you think that your Realtor should know all these things are more? We agree. The Remarkable Homes Team knows Middle Tennessee like the back of our hands! We love our home and are very excited to help your family move to this amazing area of the country.

We know Middle Tennessee and Nashville Real Estate! Call us today 615-945-7123!!

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Hurricanes and Mortgages…What?!?

So what do hurricanes and mortgage rates in Nashville have in common? At first glance not a darn thing, but if you look at the history of destructive hurricanes in the United States and mortgage rates, they are actually very copacetic. In fact, in every case when a hurricane category 2 or higher has made land fall in the past 30 years; except for one, mortgages have fallen or stabilized for 2 consecutive months.

Now is actually an incredible time to purchase a home in Nashville for 2 reasons. 1) Mortgage rates are at a one year low, and 2) Homes have actually sat on the market longer than usual due to the start of the school year. Combine these two factors and you can actually purchase a home for less than you could 6 months ago once you factor in appreciation and the tax implications!

When buying or selling a home in the Nashville market, be sure you use a Nashville Realtor who is ranked in the top 10% of Realtors nationwide, be sure to use The Remarkable Homes Team! We have saved our clients over $7,000 per transaction so far this year!!

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Nashville Market Update

With summer drawing to a close and school having just begun, we are starting to see the annual lull in the Nashville real estate market. Typically, homes will sit on the market for 2-4 weeks longer during this time of the year due to the fact that the new school year simply “drains your energy like nothing else” according to one mother of three boys. So do not panic, this period on inactivity happens every year around this time and things will be back to normal in less than a month.

There are some really encouraging signs as well this year. As a whole, the Nashville and especially, Williamson County real estate market has appreciated at a record pace for the third consecutive year. Parts of Brentwood, Franklin, and even Spring Hill have seen 2-5% overall increases in the price per square foot during the past 3 months alone! It appears that if you buy into a new subdivision early, you will be rewarded with an immediate gain and if you hold on to the home until the new subdivision is built out, you might even see an additional 5% jump! This is exactly what happened to Fieldstone Farms a year or so ago.

It also appears that mortgage rates will remain stable and may see a slight increase unless Greenspan decides to not slowly raise the prime rate, but I only see that happening if there is a major event in or including the Unites States. In other words, don’t count on it. It is always best to shop for mortgage rates and we encourage you to visit our Nashville loan and mortgage page for more info.

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Choosing a School and School System

Are you relocating to Middle Tennessee, have high school aged children, and don’t know where to start? Here is a quick overview of the some schools in Nashville and the surrounding area. If you are considering the public school system, Williamson county schools are widely considered the best, especially the Brentwood city schools. Brentwood also boasts one of the most well funded and supported athletic programs (especially soccer, baseball, and football) in the entire United States.

When considering the available private schools you must first decide if you would prefer co-ed schools or an all girls or all boys institution. If you are leaning towards a highly academic and athletic co-ed school there are actually several great choices: Brentwood Academy, Battle Ground Academy, Franklin Road Academy, Father Ryan (Catholic affiliation), Christ Presbyterian Academy (Presbyterian affiliation), and The University School just to name a few highly respected institutions.

If you are leaning towards a highly academic and athletic all girls school, Harpeth Hall is for you. If you are considering a catholic all girls school Saint Cecilia may be right for you.

If you are leaning towards a highly academic and athletic all boys school, Montgomery Bell Academy is the clear cut choice. MBA annually produces a number of Rhodes Scholars and Ivy League graduates and it’s graduates include Senate majority leader Bill Frist.

This is obviously not a complete list of the available schools; it is simply a highlight sheet to get you started. For a complete list of schools in Nashville and more information please feel free to contact us!

Remember, if you are considering buying or selling Middle Tennessee or Nashville real estate, trust the Remarkable Homes Team and our 17 years of real estate excellence!

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Nashville Market Update

Houses are selling like crazy! My most recent listing in Brentwood was only on the market for 3 days and the owners sold for $4,000 more than asking price!! It is my opinion that the market will only get hotter as June turns to July and only begin to slow back down towards the middle or end of August when school is back in session. My other listings have also been shown more times that I can count, it seems like everyone is relocating to Middle Tennessee! A quick glance at Nashville’s unemployment rate (or lack thereof) helps explain this great housing market as well as the fact that Nashville is again in Relocation magazine’s top 20 places to live.

So, what does this mean for buyers? It means that there is big competition out there and you better be walking around with a pre-approval letter from your bank or lending institution 😉 Looking for a place to get very competitive home loan quotes or a mortgage rate quotes? Check out our Nashville home loans and mortgage partner at Countrywide. Countrywide Home Loans is America’s #1 Lender and Melissa Boudreaux will take complete care of your needs.

So, what if you are selling your home right now? First off, congratulations, you are selling at one of the most profitable times in Tennessee history. But, be careful, don’t sell your house short! You need to get current comps and recent CMAs for your home before you set an asking price…don’t even think about basing the price off of your tax assessment…they are way too low right now.

What if you are selling Nashville commercial real estate? While our commercial market has not caught up to our residential market, it is still a good time to 1031 or 1033 your property into a better income producing property. You will need the expertise of our commercial real estate agents to help guide you to the most successful and profitable solutions.

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