A Background on Credit Scoring Models

A Background on Credit Scoring Models

Homebuyers who have a better credit history over a longer stretch of time than a shorter one may benefit by a change to the credit-scoring model used by Experian. Up until about 2016, mortgage lenders didn’t use trended credit data and didn’t differentiate between types…

3 Things to Know Before Renting Out Your Home

3 Things to Know Before Renting Out Your Home

Home-sharing services such as Airbnb, HomeAway and FlipKey can make turning your home into a money-making vacation rental easy. The sites hold payments from guests who are renting private rooms or entire homes. All the host has to do is provide a key and then…

Inventory Up! Home Prices Up Too!

Inventory Up! Home Prices Up Too!

There were 3,216 closings reported for the month of October, according to figures provided by Greater Nashville REALTORS®. This represents a 1.6 percent decrease from the 3,267 closings reported for October 2017. Year-to-date closings total 33,679 a 1.1 percent decrease compared to the 34,059 closings reported through October  2017. “Closings in October show…

Paying Off Your Mortgage in 15 Years vs. 30

Paying Off Your Mortgage in 15 Years vs. 30

Paying off your mortgage early and living mortgage-free so you can use the money for other things—such as travel and an early retirement—can sound like a pipe-dream that’s impossible to get to, but it doesn’t have to be. If you have a 30-year mortgage, there…

December Home Sales Best in Nearly a Decade for Greater Nashville

December Home Sales Best in Nearly a Decade for Greater Nashville

There were 3,194 closings during the month of December, according to figures provided by the Greater Nashville Association of REALTORS®. This is a 12.5 percent increase from the 2,838 closings reported for the same period in 2014.Fourth quarter closings are 8,621 for Greater Nashville. That total is a 3.5 percent increase from the…

Nashville’s housing recovery strongest in the nation

Nashville’s housing recovery strongest in the nation

Nashville’s housing market has rebounded stronger than anywhere else in the nation in the aftermath of the recession, according to a new study. Nashville’s median home price today is 11 percent higher than the peak values before the recession struck a net growth that’s the…

Tight real estate market becomes game of ‘first to know’

Tight real estate market becomes game of ‘first to know’

With multiple offers often going in the first day a home goes on the market, Realtors must be resourceful in getting their clients in the door first. After walking through the first house they looked at, first-time home buyers Megan and David Stricker followed their…

Zestimate Accuracy

Zestimate Accuracy

  When CBS This Morning co-host Norah ODonnell asked the CEO of Zillow recently about the accuracy of the websites automated property value estimates, known as Zestimates, she touched on one of the most sensitive perception gaps in American real estate. Zillow is the most…

Hard Rock Hotel eyes downtown Nashville

Hard Rock Hotel eyes downtown Nashville

  A group of real estate investors is under contract to buy land in the SoBro part of downtown Nashville a location where a Hard Rock Hotel might be built. The group has a total of 1.16 acres under contract, among three pieces of land,…

The Real Estate Season…..

The Real Estate Season…..

Every sport has a season, its no different in real estate. Some markets may be hotter than others but there is always the ebb and flow of the real estate season. Here is a peak in the Nashville market. I have been in real estate…