Middle Tennessee Beauty… a place to call home!

03_TNHometour--2_mlsMiddle Tennessee Beauty
a place to call home

207 Thoma Lane, Manchester TN
MLS 1915634  |  $1,295,000

Just listed and back on the market for spring this impressive luxury custom home with 25-acres surrounded by 250-acres of TVA land.
Built 2009 | 7,267 s.f. | 25-acres | 5 bed | 4/1 bath | 5-car garage

Details
view Website  view Video  View MLS 1915634

Exclusively Marketed by
Kenneth Bargers, REALTOR® | Pilkerton Realtors
(615) 512-9836 cellular | (615) 371-2474 office
kb@bargers-solutions.com email | bargers-solutions.com web
2 Cadillac Drive, Brentwood TN 37027 address

#luxuryhomes #luxuryrealestate #nashvillerealestate

Greater Nashville: Decreased Inventory Options Keep Home Buyers at Bay in February

Greater Nashville: Decreased Inventory Options Keep Home Buyers at Bay in February
Press Release by Greater Nashville REALTORS® | March 7, 2018

House 1033NASHVILLE, Tenn. (March 7, 2018) – There were 2,466 home closings reported for the month of February, according to data provided by Greater Nashville REALTORS®.

This represents a decrease of 1.6 percent from the 2,507 closings reported in February 2017. Year-to-date closings through February 2018 are 4,764, a 3.1 percent decrease from the 4,918 closings reported through February 2017.

“The winter months of December, January and February had an available housing supply of about 1.3 months available, causing some buyers to elect to wait until the potential for a larger inventory selection in spring to purchase a home,” said Greater Nashville REALTORS President Sher Powers. “A less than two percent drop in sales reflects a symptom that a thriving city will experience as more people want to live here.”

There were 3,307 sales pending at the end of the month, compared with 2,899 pending sales at this time last year. The average number of days on the market for a single-family home was 36 days.

The median residential price for a single-family home during February was $289,093, and for a condominium, it was $214,250. This compares with median residential and condominium prices of $258,950 and $192,400, respectively, at this time last year.

Inventory at the end of February was 8,359, down from 8,464 in February 2017.

“As spring approaches, housing inventory is expected to increase, as will housing competition,” said Powers. “The desirability of living in Greater Nashville has caused limited supply, particularly in the entry level and up to the median point price ranges. This is an opportunity to have conversations with affordable housing providers regarding new construction, infill and density.”

Source: Greater Nashville REALTORS® Press Release 030718

Happy Holidays from 207 Thoma Lane

207Thoma HappyHolidays2017


Kenneth Bargers, REALTOR® License 318311 ♦ Pilkerton Realtors License 257352
(615) 512-9836 cellular ♦ (615) 371-2474 office
kb@bargers-solutions.com emailkb@kennethbargers.realtor email
www.bargers-solutions..com webkennethbargers.com blog
2 Cadillac Drive, Brentwood, Tennessee 37027 address

Nashville-Area Home Sales Up 6 Percent in November

Nashville-Area Home Sales Up 6 Percent in November
Article by Greater Nashville REALTORS®, Press Release 120717

House 1022NASHVILLE, Tenn. (Dec. 7, 2017) – There were 3,177 home closings reported for the month of November, according to figures provided by Greater Nashville REALTORS®. This figure is up 6.7 percent from the 2,978 closings reported for the same period last year.

Year-to-date closings for the Greater Nashville area were 37,236 at the end of November. That is an increase of 4.4 percent from the 35,674 closings, reported through November 2016.

“Sales are up 6.7 percent year-over-year. Typically, sales drop in the fall and days-on-market expand. October to November of 2017 saw that same pattern,” said Greater Nashville REALTORS® President Scott Troxel.

“Sellers are more hesitant in putting their homes on the market during the holidays and colder months, and conversely, traffic from buyers also slows during this time. However, those who are in the market during the next few months, whether buying or selling, are serious about making a move in the market.

“Fewer properties on the market means less competition for sellers. When potential buyers are gift shopping more than they are home shopping, that also means less competition for determined buyers. If buying or selling real estate is a priority for you, now is a good time to move forward,” said Troxel.

There were 2,906 properties under contract at the end of the month, compared to the 2,591 properties under contract at this time last year. The average number of days on the market for a single-family home was 29 days.

The median residential price for a single-family home during November was $285,000 and for a condominium, it was $216,751. This compares with last year’s median residential and condominium prices of $259,900 and $182,390, respectively.

Active inventory at the end of November was 9,454, down from 9,946 in 2016.

“Middle Tennessee is still on track to end 2017 with a record year for our housing market. The positive trends needed to sustain a healthy market – modest growth in sales and prices – continue to mark our region,” said Troxel.

### Greater Nashville 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 REALTORS®, Press Release 120717


Kenneth Bargers, REALTOR® License 318311 ♦ Pilkerton Realtors License 257352
(615) 512-9836 cellular ♦ (615) 371-2474 office
kb@bargers-solutions.com emailkb@kennethbargers.realtor email
www.bargers-solutions..com webkennethbargers.com blog
2 Cadillac Drive, Brentwood, Tennessee 37027 address

Nashville Area Housing Market Holds Steady Entering the Fourth Quarter

Nashville Area Housing Market Holds Steady Entering the Fourth Quarter
Press Release by Greater Nashville REALTORS® | November 7, 2017

Nashville Zoo Image 1NASHVILLE, Tenn. (Nov. 7, 2017) – There were 3,267 home closings reported for the month of October, according to figures provided by Greater Nashville REALTORS®. This figure is down 1.7 percent from the 3,324 closings reported for the same period last year.

Year-to-date closings for the Greater Nashville area were 34,059 at the end of October. That is an increase of 4.2 percent from the 32,696 closings, reported through October 2016.

“Through all of 2017, the Middle Tennessee region witnessed significant increases in year-over-year sales,” said Greater Nashville REALTORS® President Scott Troxel. “October showed a modest decline in the number of properties sold. Residential properties saw just 15 fewer sales in October compared to 2016. A minor adjustment like this is not cause for alarm. Our market’s dynamics are very positive, both in the local economy and the housing market. We expect to see a typical lull in the fall and holidays, followed by renewed energy in January.”

There were 3,358 properties under contract at the end of the month, compared to the 3,083 properties under contract at this time last year. The average number of days on the market for a single-family home was 27 days.

The median residential price for a single-family home during October was $277,642 and for a condominium, it was $208,000. This compares with last year’s median residential and condominium prices of $261,000 and $186,000, respectively.

Active inventory at the end of October was 9,564, down from 10,177 in 2016.

“REALTORS® had hoped proposed tax reform would lead to needed changes; unfortunately, the current proposals are going to hurt current and potential homeowners,” said Troxel. “Measures like placing limits on the use of the Mortgage Interest Deduction and the elimination of deductions for state and local sales and income tax will reverse the incentives for homeownership. Considering that homeowners pay between 80 and 90 percent of all federal incomes taxes, they shouldn’t be penalized through tax reform. REALTORS® are working fervently to protect homeownership and homeowners.”

### Greater Nashville 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 REALTORS®, Press Release 110717


Kenneth Bargers, REALTOR® License 318311 ♦ Pilkerton Realtors License 257352
(615) 512-9836 cellular ♦ (615) 371-2474 office
kb@bargers-solutions.com emailkb@kennethbargers.realtor email
www.bargers-solutions..com webkennethbargers.com blog
2 Cadillac Drive, Brentwood, Tennessee 37027 address

Stunning Normandy Lake Luxury Home

207Thoma WP675w


Kenneth Bargers, REALTOR® License 318311 ♦ Pilkerton Realtors License 257352
(615) 512-9836 cellular ♦ (615) 371-2474 office
kb@bargers-solutions.com emailkb@kennethbargers.realtor email
www.bargers-solutions..com webkennethbargers.com blog
2 Cadillac Drive, Brentwood, Tennessee 37027 address

Greater Nashville: Housing Market Positive Trends Continue Into Second Half of the Year

Housing Market Positive Trends Continue Into Second Half of the Year
Press Release by Greater Nashville REALTORS® | August 7, 2017

House 1013NASHVILLE, Tenn. (August 7, 2017) – There were 3,872 closings reported for the month of July, according to figures provided by Greater Nashville REALTORS®. This represents an increase of 4.5 percent over the 3,705 closings reported for July 2016.

Year-to-date closings total 23,365. That is a 5.5 percent increase compared to the 22,157 closings reported through July 2016.

“Median home price is up again compared to the same month last year. As supply and demand continue to be at odds, prices can be expected to continue to rise,” said Greater Nashville REALTORS® President Scott Troxel. “However, median price is down from last month.

“It’s far too soon to tell if the drop in median price from June to July is evidence of a trend. It’s very likely there were proportionally more ‘starter’ homes sold in July than the number of starter homes sold in June. My experience is that different sectors of the market are more engaged and less-engaged at different times of the year.”

There were 3,887 properties under contract at the end of the month, compared to the 3,426 properties under contract at this time last year. The average number of days on the market for a single-family home was 25 days.

The median residential price for a single-family home during July was $288,243 and for a condominium it was $203,000. This compares with last year’s median residential and condominium prices of $267,000 and $189,986, respectively.

Active inventory at the end of July was 9,151, down from 10,133 in 2016.

“Affordability is a serious issue, but it’s not the sole issue affecting our housing market,” said Troxel. “It’s imperative we as residents, Realtors, businesses and a community work together to find solutions for matters like transit and continue to support our education systems.

“Greater Nashville REALTORS® is actively participating in all of these areas, advocating for both the business and the homeowner side of the housing industry. These items impact our housing market and we all want Middle Tennessee to continue to be a place individuals, families and businesses want to call home.”

Source: Greater Nashville REALTORS®, Press Release 080717

Kenneth Bargers REALTOR® License 318311  |  Pilkerton Realtors License 257352
(615) 512-9836 cellular  •  (615) 915-5901 facsimile  •  kb@bargers-solutions.com email
bargers-solutions.com web  •  kennethbargers.com blog  •  Search Properties
(615) 371-2474 office  •  (615) 371-2475 facsimile  •  2 Cadillac Drive, Brentwood TN 37027 address
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