NASHVILLE, Tenn. (Oct. 6, 2011) – There were 1,832 home closings reported for the month of September, according to figures provided by the Greater Nashville Association of REALTORS®. That number is up 16.9 percent from the 1,567 closings reported for the same period last year.
Third quarter numbers have increased from 2010 with 5,900 closings reported, which is 20 percent higher than last year’s third quarter closings of 4,906.
Year-to-date closings for the Greater Nashville area are 15,531. That total is down 2.5 percent from the 15,929 closings reported through the third quarter of 2010.
“Home sales have increased for the third consecutive month” said GNAR President Alice Walker. “The increase in sales seen in Middle Tennessee during the third quarter is certainly good news. Year-to-date numbers, which are down only slightly, still reflect the market distortion seen by last year’s tax credit – which was still in effect until early in the third quarter of 2010. It is encouraging to see that we have nearly caught up with last year at this point in the year. ”
“Most every category saw an increase in closings compared to September last year. The increase in sales of farms, land and lots is particularly important as those sales are often indicators of coming developments.”
“Median prices are down in the range of about 5 percent. While we don’t like to see a drop in price, being down only single-digit percentages is much more desirable than the double-digit decreases other areas of the country are currently seeing,” said Walker.
“Pending sales were up again for the fourth consecutive month, an encouraging sign of a potential market recovery,” noted Walker. “Inventory was down compared to last year, but in this case, being down is positive news. The best case scenario is to have six months of inventory available on the market, and currently we have about 10 months. At this time last year we there was about 15 months worth of inventory available. This level makes for a much healthier market and still provides plenty of options for potential home buyers.”
There were 1,729 sales pending at the end of September, compared with 1,588 pending sales at this time last year. The average number of days on the market for a single-family home was 94 days, compared with 92 days for September 2010.
The median residential price for a single-family home during September was $163,000, and for a condominium, it was $144,900. This compares with last year’s median residential and condominium prices of $171,820 and $155,000, respectively.
Inventory at the end of September was 20,718, down from 23,549 in September 2010.
“The Greater Nashville market continues to strengthen and fare better than many other cities,” said Walker. “In fact, the latest numbers from the National Association of REALTORS® show the national median price for a single family home is $168,300 and we’re slightly under that number. That keeps the Greater Nashville area attractive to both companies and families.”
The Greater Nashville Association of REALTORS® is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville-area property owners. REALTOR® is a registered trademark that may be used only by real estate professionals who are members of the National Association of Realtors and subscribe to its strict code of ethics.
Source: Greater Nashville Association of REALTORS; Blog distribution provided by Kenneth Bargers and Bargers Solutions, a proud member of Pilkerton Realtors, residential real estate services located in Nashville, Tennessee
October 6, 2011
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REMINDER: The State of Tennessee’s Annual Sales Tax Holiday is held every year on the first Friday in August and ends the following Sunday night. This year’s tax-free holiday weekend begins at 12:01 a.m on Friday, August 5 and ends Sunday, August 7 at 11:59 p.m. LINK: Website Home Page LINK: Sales Tax Holiday Fact Sheet
August 2, 2011
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To find cities with the most jobs and lower costs of doing business, you’ll have to venture to the heartland, according to Forbes’ 13th annual Best Places of Business list. Eighty percent of the top 25 regions on Forbes’ list this year are from the center of the United States.
Forbes’ rankings evaluate 200 metro areas, factoring in job growth (past and projected), costs (business and living), income growth, projected economic growth, and educational attainment.
Demographer Bert Sperling says the heartland’s success is largely due to its “extractive industries,” such as oil, gas, and mining and record-high crop prices that have added jobs.
“These economies run in cycles, and these booms and busts are often decades in the making,” Sterling says.
Many of the cities topping the list also boast at least one strong university and strong entrepreneurial activity.
Here are the top six cities to make Forbes’ list:
Raleigh, North Carolina
Des Moines, Iowa
Provo, Utah
Lexington, Kentucky
Fort Collins, Colorado
Nashville, Tennessee
Source: “Raleigh Tops Forbes’ Best Places for Business 2011,” Forbes.com (July 11, 2011); Realtor Magazine; Blog distribution provided by Kenneth Bargers and Bargers Solutions, a proud member of Pilkerton Realtors, residential real estate services located in Nashville, Tennessee
July 12, 2011
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March 17, 2011
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March 17, 2011
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real estate, tennessee | bargers solutions, Brentwood, Center Hill Lake, home buying, home for sale, investment home, kenneth bargers, lake home, middle tennessee, Nashville, prudential woodmont realty, real estate agent, realtor, residential real estate, retreat, Smithville, tennessee, vacation home |
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February 2, 2011
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Tennessee’s Williamson County ranks third in the nation when it comes to job growth.
According to Washington research firm Woods and Poole Economics Inc., Williamson County is expected to see growth of more than 3% in employment through 2040 compared the rest of the country which will see just over a 1% growth.
“I think the fact there are 3,000 counties in America, the fact that we are number three speaks volumes for the leadership in Williamson County,” Matt Largen, Williamson County Economic Development Director, told Nashville’s News 2.
He continued, “In today’s world, you want to have two things to have a successful economy, innovators and decision makers, and Williamson County has both of those and both of those kinds of people have built this economy over the last decade.”
The county’s proximity to Nashville is an added bonus and so is its access to Interstate 65.
The quality of life issue also factors in, according to Largen.
“There’s the school system, great place to raise your family, great amenities, high end retail, corporate housing, all different sorts of housing, so I think all those things play a part in the puzzle that is Williamson County,” he said.
According to the research, Williamson County will add more than 170,000 jobs over the next 30 years, a figure that is promising to both residents and businesses alike.
Teresa Ofman opened LuLu, a home decor and gift boutique, in downtown Franklin two years and choosing a location was never a question.
“The downtown location is the best. Lots of tourists, tons of tourists,” Ofman told Nashville’s News 2. “I have lived in Williamson County for 25 years. I love it. I shop here. I live here. I raised my son here.”
Ofman believes Williamson County is appealing for many reasons.
“We are very family oriented,” she said. “There [are] a lot of local events all through the year for families and children. I feel very safe here. It’s just small town living.”
County leaders believe most of the job growth will be in the healthcare and information technology fields.
They also expect to see more corporate headquarters relocating to Williamson County and more people opening small businesses in the future.
Ahead of Williamson County on the list are Loudoun County in Virginia and Douglas County in Colorado.
RELATED LINK: Nashville Area Links of Interest; Life is Good! Things to Do!
Source: 013111, WKRN, Woods and Poole Economics Inc. (www.woodsandpoole.com); blog distribution provided by Kenneth Bargers and Bargers Solutions residential real estate services located in Nashville, Tennessee
February 1, 2011
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economy, relocation, tennessee | bargers solutions, blog, Brentwood, colorado, corporate, decision makers, douglas county, Franklin, future job growth, healthcare industry, home buying, housing, innovators, job growth, kenneth bargers, loudoun county, matt largen, Nashville, quality of life, relocation, residential real estate services, school system, spring hill, technology industry, tennessee, virginia, williamson county, williamson county economic development, wkrn, woods and poole economics |
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MIRABELLA EXECUTIVE HOME | Area 21 | Offered at $1,350,000
1512 Mirabella Way, Murfreeesboro, Tennessee … 5,328 s.f. | 1.47 Acres | 5 Bedrooms | 4/2 Baths | 3-Car Garage … NEW TO THE MARKET … Incredible Geo Thermal Home- beautifully decorated by Bradford’s Interior Design-Amazing landscaping-gardens-pool area-Hardwoods, European Wall Coverings-Gold Leaf painting, Beverage Bar by Master Bedroom-Thermador Appliances Exclusively marketed by the Jennie Clements Team of Prudential Woodmont Realty RELATED LINK: MLS 1236232
Kenneth Bargers, REALTOR® | Bargers Solutions | Prudential Woodmont Realty | (615) 512-9836 cellular | (615) 661-7800 office | kb@bargers-solutions.com | www.bargers-solutions.com An independently owned and operated member of Prudential Real Estate Affiliates, Inc. Prudential Woodmont Realty: (615) 661-7800 office | 5107 Maryland Way, Brentwood, Tennessee 37027
December 28, 2010
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real estate, tennessee | 1512 mirabella way, area 21, Brentwood, executive home, geo thermal house, home buying, jennie clements, kenneth bargers, middle tennessee, mirabella subdivision, mls 1236232, murfreesboro, murfreesboro homes, prudential woodmont realty, tennessee |
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2010 CHARITY TOUR OF HOMES – MASTER CUSTOM BUILDERS COUNCIL OF TENNESSEE
Seven Middle Tennessee homeowners will open up their doors to the public in October to benefit their favorite charities!
October 15-17 and October 22-24 | 1:00-8:00 p.m.
Welcome to the Master Custom Builders Council of Tennessee 2010 Charity Tour of Homes, presented by Marvin Windows by Dale Inc. This year’s event features seven custom-built homes located throughout the Greater Nashville area. From “Boulevard” jewels to lakefront gems, this year’s tour is sure to have something to catch everyone’s eye. The seven homeowners participating have all selected a charity of their choice that will benefit from this year’s ticket sales. The event runs over two weekends in October, and a single ticket ensures entry into each home. Purchase your tickets now and see why the builder members of the MCBC of Tennessee are the best that the state has to offer.
The property addresses are:
- 600 Belle Park Circle, Nashville, TN 37205
- 642 Belle Park Circle, Nashville, TN 37205
- 604 Belle Park Circle, Nashville, TN 37205
- 1124 Landing Court, Gallatin, TN 37066
- 214 Bluegrass Drive, Hendersonville, TN 37075
- 509 Legends Ridge Court, Franklin, TN 37064
- 4400 Franklin Road, Nashville, TN 37204
Charities That Benefit:
- The Neuroscience Center of the St. Thomas Foundation
- Hendersonville Samaritan Association
- YMCA of Middle Tennessee
- Nashville Area Habitat for Humanity
- Family & Children’s Service
- High Hopes
- KIPP Academy Nashville
For Ticket Information, please call 615.878.1803; Master Custom Builder Council of Tennessee website.
September 5, 2010
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open house, tennessee | 2010 charity tour of homes, bargers solutions, Brentwood, family and children's service, Franklin, gallatin, hendersonville, hendersonville samaritan association, high hopes, kenneth bargers, kipp academy, master custom builders council of tennessee, middle tennessee, Nashville, nashville area habitat for humanity, neuroscience center of the st. thomas foundation, october 2010, parade of homes, realtor, tennessee, tour of homes, ymca of middle tennessee |
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The State of Tennessee’s Annual Sales Tax Holiday is held every year on the first Friday in August and ends the following Sunday night. This year’s tax-free holiday weekend begins at 12:01 a.m on Friday, August 6th and ends Sunday, August 8th at 11:59 p.m.
Take advantage of clothing, school supplies, computers, and much more…
Click link to view complete details http://tennessee.gov/revenue/salestaxholiday/
August 3, 2010
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tennessee | 2010 tenessee sales tax holiday, clothing, computers, school supplies, tennessee tax free weekend |
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1512 Mirabella Way, Murfreeesboro, Tennessee … 5,328 s.f. | 1.47 Acres | 5 Bedrooms | 4/2 Baths | 3-Car Garage … NEW TO THE MARKET … Incredible Geo Thermal Home- beautifully decorated by Bradford’s Interior Design-Amazing landscaping-gardens-pool area-Hardwoods, European Wall Coverings-Gold Leaf painting, Beverage Bar by Master Bedroom-Thermador Appliances Exclusively marketed by the Jennie Clements Team of Prudential Woodmont Realty RELATED LINK: MLS 1236232
Welcome to the Master Custom Builders Council of Tennessee 2010 Charity Tour of Homes, presented by Marvin Windows by Dale Inc. This year’s event features seven custom-built homes located throughout the Greater Nashville area. From “Boulevard” jewels to lakefront gems, this year’s tour is sure to have something to catch everyone’s eye. The seven homeowners participating have all selected a charity of their choice that will benefit from this year’s ticket sales. The event runs over two weekends in October, and a single ticket ensures entry into each home. Purchase your tickets now and see why the builder members of the MCBC of Tennessee are the best that the state has to offer. 
The State of Tennessee’s Annual Sales Tax Holiday is held every year on the first Friday in August and ends the following Sunday night. This year’s tax-free holiday weekend begins at 12:01 a.m on Friday, August 6th and ends Sunday, August 8th at 11:59 p.m. 
