Is Extinction Imminent? Here in Nashville (Middle TN) in the 1940s to the 1970s, there were something in the neighborhood of a Bajillion Brick Ranch houses built on relatively spacious in-town lots (1/4 – 1 Acre). Some folks believe there was only one floor plan available for this 30 year period, and the only variation […]
Tag Archives: economic recovery
Monday Morning Coffee – Is this a Bubble?
“THIS Real Estate market is ON FIRE!” “Is this a Bubble?” Could it be real, and will it last? I hear these questions daily as the news media continues to blast out the great news of the Nashville Real Estate market turning out record sales each of the last several months. The numbers are consistently […]
New Home Construction awakening from Coma – Will have a twisted path to Recovery
Here in Middle Tennessee, there’s a lot of new construction happening. It seems that anywhere I go in town I see “In-fill” construction and new residential and commercial developments (large and small) popping up. By the look of it, you’d think we’re in FULL RECOVERY. The good news is that things are moving and improving, […]
Buy LOW – Buy NOW!
If you’ve been waiting for the right time to buy and/or sell a house, your wait is over. Warren Buffet apparently agrees . . . As does Dr. Lawrence Yun (Chief Economist for the National Association of REALTORS) who we heard speak at yesterday’s “Market Watch” talk here in Nashville. He danced around it best […]
OH! So you came up with that price based on Supply and Demand?
After several years of a lot of the same . . . Relatively balanced market . . . REALTORS and home sellers could rely on “Historic Data” to determine how much to ask for a house. It was a mathematical computation based almost entirely on the closed data of similar properties within a close geographic […]