Greater Nashville Housing Market Remains Strong; Market Strength Brings Challenges

Greater Nashville Housing Market Remains Strong
Market Strength Brings Challenges
by Kenneth Bargers, REALTOR® | January 27, 2018

Photo by Hatcher & FellThe Greater Nashville area continues to be one of the hottest real estate markets in the United States. A continued strong economy pushed momentum in 2016, the values and home sales continued to increase throughout 2017 and ended the second half of 2017 as a consistent monthly housing market in the nation. Several industry and data tracking entities named Nashville among their Top 20 housing markets for 2017.

Due to the reputation of the “It City”, relocation is heavy to Middle Tennessee and with this popularity comes shortages in housing inventory. Existing-home and new construction inventory struggle to keep pace with the number of buyers. Housing inventory remained a concern throughout 2017 and forecasted to be a challenge for 2018. Corporate and company expansion of new facilities are in place for 2018 bringing employment additions to Middle Tennessee – adding additional pressure for housing availability to the already strong Greater Nashville destination. Addressing the housing inventory will be one of 2018’s priorities with the current popularity of Greater Nashville and Partnership 2020’s continued aggressive pursuit of future business placements and attractions.

Demand for housing also adds as an influence factor on the value of home prices. Increased home values in 2017 will continue in 2018 per current indicators. With increased home values also comes the challenge of home ownership affordability within segments of our population. Of course, the success of national economic guidelines and policies will contribute as a factor in the local up or downturn of our housing market.

Overall, a strong economy, attractive mortgage rates, appeal of Middle Tennessee, along with the desire of home ownership as part of the American Dream should bring another impressive year of housing market production.

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It’s Football Time in Tennessee… are you ready?

August-2016-Newsletter-ebla

It’s Football Time in Tennessee! and a look back at the Iron Men of 1899…

It’s Football Time in Tennessee! Are you ready? Do you have the fever yet?

The traditions and passions run deep in the South when it comes to football and the state of Tennessee has produced some of the most successful and memorable champions, athletes and coaches throughout the years. August – a time for high school jamborees, college practices, NFL preseason games – all gearing up for the launch of a new football season at the end of the month. Good luck to the Titans, Blue Raiders, Governors, Bulldogs, Tigers, Volunteers and Commodores on the upcoming season. Here’s hoping each team exceeds their goals for this year’s football campaign!  2015 FOOTBALL SCHEDULES for Tennessee Titans, Austin Peay Governors, Cumberland Bulldogs, Middle Tennessee Blue Raiders, Tennessee Volunteers, Tennessee State Tigers, Vanderbilt Commodores

University of the South: Sewanee 1899 Football Team

Sewanee_1899_Football_TeamThe Iron Men of 1899  One of Tennessee’s most impressive football campaigns was produced by the University of the South’s 1899 football squad which many consider one of the greatest football teams of all time!

In the late 19th and early 20th centuries the Sewanee Tigers were a football powerhouse that would welcome all comers in gridiron play. Coming off of an undefeated 1898 season the 1899 team expected to have success but had some obstacles that would challenge the upcoming campaign. The small school depended heavily on gate receipts to support the football program but a couple of disputes with competition about the distribution of receipts, including Vanderbilt, required a scheduling adjustment and creative idea to acquire revenue. With a strong national reputation, the small school decided to schedule five away games in six days to build interest in attendance and support.

The 13 players on the squad (seven returning players), The Iron Men of 1899 took on this challenge and became one of the greatest teams in the history of football. The 1899 Sewanee Tigers were undefeated with a 12-0 record outscoring the opponents 322-10. The victories were against Georgia (12-0), Georgia Tech (32-0), Tennessee (46-0), Southwestern Presbyterian (54-0), Texas (12-0), Texas A&M (10-0), Tulane (23-0), LSU (34-0), Ole Miss (12-0), Cumberland (71-0), Auburn (11-10), North Carolina (5-0).

The next time you travel over Monteagle Mountain remember the majestic Sewanee University of the South and the Tigers as one of the great historic football programs.

Photo  “Sewanee 1899 Football Team” by The University of the South (Sewanee) – The University of the South (Sewanee) Public Relations department. Licensed under Public Domain via Wikimedia Commons

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It’s Football Time in Tennessee! football schedules and recipes…

Tennessee-Football-ScheduleIt’s Football Time in Tennessee!

It’s Football Time! Are you ready? Do you have the fever yet?

The traditions and passions run deep in the South when it comes to football and the state of Tennessee has produced some of the most successful and memorable champions, athletes and coaches throughout the years. August – a time for high school jamborees, college practices, NFL preseason games – all gearing up for the launch of a new football season at the end of the month!

This month’s In The News provides the football schedules and a few tailgating recipes for the football fan. Good luck to the Titans, Blue Raiders, Tigers, Volunteers and Commodores on the upcoming season. Here’s hoping that each team exceeds their goals for this year’s football campaign!

CLICK LINK: IN THE NEWS

All the best – Kenneth

KENNETH BARGERS, REALTOR® | Bargers Solutions real estate|marketing
a proud member of Pilkerton Realtors

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August 2012 Newsletter Featured…. It’s Football Time!

FOOTBALL…

It’s Football Time! Are you ready? Do you have the fever yet? The traditions and passions run deep in the South when it comes to football and the state of Tennessee has produced some of the most successful and memorable champions, athletes and coaches throughout the years.

August 2012 newsletter, In The News, includes the area’s upcoming football schedules. Also featured is a terrific article, courtesy of Black Sports The Magazine, of one of our most treasured and legendary coaches, Coach John Merritt.

CLICK LINK: IN THE NEWS

Good luck to the Titans, Blue Raiders, Tigers, Volunteers and Commodores on the upcoming season and hoping each team exceeds their goals for this year’s football campaign!

As always, thank you for your continued feedback, support and referrals. Enjoy your August and good luck to your favorite team!

Source: In The News, August 2012 monthly newsletter, Blog provided by Kenneth Bargers and Bargers Solutions, member of Pilkerton Realtors, residential real estate services located in Nashville, Tennessee