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There has been some great momentum in the local market over the last 2 months specifically -  July & August. Both have seen significant increases from the same month last year 15.8% & 28.4% respectively. Both months have brought the market to nearly the same place we were one year ago (including tax credits and incentives).

This is a very good sign considering there has been no similar offering and still a great deal of purchasing is happening… All figures and statements are provided by GNAR (Greater Nashville Association of REALTORS).

• GREATER NASHVILLE HOME SALES INCREASE FOR SECOND CONSECUTIVE MONTH

NASHVILLE, Tenn. (Sept. 8, 2011) – There were 2,047 home closings reported for the month of August, according to figures provided by the Greater Nashville Association of REALTORS.  This figure represents a 28.4 percent increase from the 1,594 closings reported for the same period last year.

Year-to-date closings for the Greater Nashville area have decreased 4.6 percent. There were 13,699 closings, compared with 14,362 closings reported through August of last year.

“There was an increase in closings in all categories during the month of August – a continued sign the market is stable and showing some encouraging signs,” said GNAR President Alice Walker. “For the second consecutive month, pending sales have increased, condo prices are up and single-family home prices are consistent.

“The comparison of closings to last year continues to support a distorted view of the market.  In the first half of this year, we were comparing to months where the tax credit was in place in 2010.  That drew many buyers into the market sooner than they planned, but left fewer buyers in the market once the tax credit expired.  So what we are really seeing now is a stable market that looks stronger when compared to the weaker market that followed the expiration of the tax credit last year.”

A comparison of sales by category for August is:
August 2010    August 2011
CLOSINGS               1,594                2,047
Residential               1,352                1,711
Condominium         153                    211
Multi-Family           19                      35
Farms/Land/Lots  70                     90

There were 2,055 sales pending at the end of August, compared with 1,716 pending sales at this time last year.  The average number of days on the market for a single-family home was 90 days.

The median residential price for a single-family home during August was $171,900, and for a condominium it was $152,000.  This compares with last year’s median residential and condominium prices of $174,500 and $141,890, respectively.

Inventory at the end of August was 21,362, down slightly from 24,119 in August 2010.  The current inventory of properties by category, compared to last year, is:
AUGUST 2010    AUGUST 2011
INVENTORY           24,119                    21,362
Residential               15,008                  13,353
Condominium         2,350                    1,880
Multi-Family           426                        351
Farms/Land/Lots   6,335                    5,778

“Inventory is slightly lower than last year, but there continues to be a good supply of properties throughout Middle Tennessee,” added Walker. “With closings up and inventory lower compared to August of last year, there is currently approximately a 10-month supply available.  The market is much more in balance than it was at this time last year when the supply was more than 15 months.  There are still plenty of homes available in a variety of price ranges throughout Greater Nashville, and conditions remain favorable for those interested in purchasing a home.”

• JULY MARKS FIRST HOME SALES INCREASE IN 2011

NASHVILLE, Tenn. (Aug. 9, 2011) – There were 2,021 home closings reported for the month of July, according to figures provided by the Greater Nashville Association of REALTORS®. This represents a 15.8 percent increase from the 1,745 closings reported for the same period last year.

Year-to-date closings for the Greater Nashville area are 11,652. That is a decrease of 8.7 percent from the 12,768 closings reported through July 2010.

“The July homes sales increase reflects what we’ve been saying during the past 6 months – the market is steadily recovering,” said GNAR President Alice Walker. “Due to the first-time and existing home-buyer tax credits last year, the comparisons this year have been distorted. Even though tax credits had some residual impact through September, it was this time last year that the majority of the tax credit activity ended. Now we are beginning to see a more equitable comparison, which is very favorable for July.

“Pending sales are up, condominium prices are on the rise and single-family home prices are steady. Those are all certainly encouraging signs for the Middle Tennessee housing market. .”

A comparison of sales by category for July is:
July 2010    July 2011
CLOSINGS               1,745            2,021
Residential               1,463            1,692
Condominium         179               219
Multi-Family           25                 14
Farms/Land/Lots   78                96

There were 1,997 sales pending at the end of July, compared with 1,667 pending sales at this time last year. The average number of days on the market for a single-family home was 92 days.

The median residential price for a single-family home during July was $179,900, and for a condominium it was $158,000. This compares with last year’s median residential and condominium prices of $181,000 and $149,900, respectively.

Inventory at the end of July was 21,993, down from 24,258 in July 2010. The current inventory of properties by category, compared to last year, is:
JULY 2010    JULY 2011
INVENTORY             24,258            21,993
Residential                 15,172              13,891
Condominium           2,417               1,982
Multi-Family             430                  353
Farms/Land/Lots    6,239               5,767

“The situation with inventory has changed significantly. Overall, based on the current level of sales, there is a supply of just over 10 months. For single-family residential inventory, the supply is approximately eight months, which is more of a balanced market than has been the case for some time,” Walker said.

“With interest rates still at record lows for now, it remains a great time to become a homeowner in Greater Nashville. Even with circumstances favoring those who are in a position to buy a home, the real estate market is still very complex.  Those considering the purchase or sale of a home should consult with a Realtor, a real estate professional, to guide and assist them through the transaction,” she said.

• GREATER NASHVILLE HOME SALES CONSISTENT AT MID-YEAR

NASHVILLE, Tenn. (July 7, 2011) – There were 2,031 homes sold in the month of June, according to figures provided by the Greater Nashville Association of REALTORS.  That figure is down 16 percent compared to the 2,416 closings reported for June 2010.

Second-quarter numbers are down, with 5,723 closings reported, a 16.2 percent decrease from the 6,831 closings reported through the second quarter of 2010.  Year-to-date closings for the Greater Nashville area are down 12.6 percent with 9,631 compared to the 11,023 closings reported through mid-year 2010.

“Current home sales data for Greater Nashville and Middle Tennessee continue to reflect the challenges affecting the overall economy,” said GNAR President Alice Walker. “The tax credits in place last year continue to make it difficult to accurately compare numbers. But, it is encouraging to see that both closings and pendings remain consistent. While prices will change from month to month, the range of fluxuation is within a range that would also indicate general stability – much more than is being experienced in other parts of the country.”

“While the market continues to work toward recovery, discussions by government leaders about topics like changes to the Mortgage Interest Deduction (MID) and Qualified Residential Mortgage (QRM) regulation (including down payment requirements as high as 20 percent!), continue to cause hesitation for potential buyers,” said Walker. “Hopefully those leaders will end those considerations and do more to find ways to strengthen and enhance the housing and real estate market.”

Walker said that current and future homebuyers can learn more about the process of purchasing a home by attending the upcoming Mayor’s Home Ownership Fair sponsored by Nashville Mayor Karl Dean, which is set for Sunday, July 17 from 1-5 p.m. at Bridgestone Arena.

A comparison of sales by category for June is:
June 2010    June 2011
CLOSINGS                 2,416            2,031
Residential                 1,980            1,708
Condominium           354               225
Multi-Family             19                  13
Farms/Land/Lots    63                 85

A comparison of sales by category for the second quarter is:
Q2 2010  Q2 2011
CLOSINGS                6,831       5,723
Residential                5,732       4,725
Condominium          824          637
Multi-Family             58            53
Farms/Land/Lots    217          308

A comparison of year-to-date sales by category for mid-year is:
Y-T-D 2010    Y-T-D 2011
CLOSINGS                11,023              9,631
Residential                 9,194               8,008
Condominium           1,336               1,034
Multi-Family             109                   102
Farms/Land/Lots    384                  487

The median residential price for a single-family home during June was $176,300, and for a condominium it was $150,000.  Last year’s median residential and condominium prices for June were $181,312 and $145,000, respectively.

There were 2,130 sales pending at the end of June, compared with 1,976 pending sales at this time last year.  The average number of days on the market for a single-family home was 89 days.

Inventory at the end of June was 22,043, down slightly from 23,640 in June 2010.  The current inventory of properties by category, compared to last year, is:
JUNE 2010    JUNE 2011
INVENTORY            23,640             22,043
Residential                14,775              13,988
Condominium           2,398              2,015
Multi-Family             395                  342
Farms/Land/Lots    6,072               5,698

“Inventory is down slightly in all categories,” added Walker. “But, there are still plenty of great properties to choose from during these summer buying and selling months. We are still confident that people will continue to make Middle Tennessee home. Realtors can provide them with accurate and precise information on the Greater Nashville market and professional counsel to help navigate the increasing complicated transaction process.”

• March Home Sales
  

HOME SALES DECREASE FOR MARCH; PRICE INCREASES FOR BOTH SINGLE FAMILY AND CONDOS

The Greater Nashville area saw 1,673 homes sold in March 2011, resulting in a 9.6 percent decrease compared to the 1,851 closings reported in March of 2010. First quarter closings for 2011 also decreased compared to first quarter 2010, with 3,908 in 2011 and 4,192 in 2010.

The first-time homebuyer tax credit skews closing comparisons for the first half of the year. It is worthy to note that in March of 2011, closings were up nearly 10 percent over March of 2009, when there was no special tax credit in effect.

Median price for both single-family homes and condominums showed increases compared to March 2010. The median price of a single-family residence was $165,000 in March 2011 compared to $159,250 last March. Condominiums for 2011 were a median price of $143,000 compared to $137,450 in March 2010.

• April Home Sales

GREATER NASHVILLE HOME SALES DECREASE IN APRIL

NASHVILLE, Tenn. (May 9, 2011) – There were 1,747 home closings reported for the month of April, according to figures provided by the Greater Nashville Association of REALTORS®. This represents a decrease of 18.5 percent from the 2,145 closings reported for April 2010.

Year-to-date closings are also down compared to 2010 with 5,655. That is an almost 10.5 percent decrease compared to the 6,337 closings reported through April 2010.

“The real estate market in Greater Nashville is showing some positive signs,” said GNAR President Alice Walker. “The number of closings is increasing, inventory is showing a seasonal increase but has leveled off some overall, and other factors like interest rates remain very favorable.”

“By now, most people realize that comparing 2011 figures with those from a year ago creates a distorted picture due to the first-time homebuyer tax credit that prompted higher sales through the first three quarters of 2011. But, compared to 2009, home sales are up nearly 9 percent which is encouraging to both home buyers and sellers, as well as the Realtor community. As we enter the more active months for real estate activity there is more optimism than has been the case in recent years.”

“Leaders from the Greater Nashville Association of Realtors will be in Washington, DC this week, joining other Realtors from across the country there to talk with Senators and Congressmen about national issues impacting property owners and real estate professionals. Government is causing hesitation in the real estate market and slowing economic recovery by considering and discussing policies or legislation that would be detrimental to home and property ownership, including possible realignment of the Mortgage Interest Deduction, overcorrection on Fannie Mae and Freddie Mac, and over-restrictive regulations on loan qualifications. We will be strongly encouraging those representing Tennessee to support policies and legislation that is more supportive of property owners, and those who would like to be.”

There were 1,909 sales pending at the end of the month, compared to the 2,505 pending sales at this time last year. The average number of days on the market for a single-family home was 95 days. The median residential price for a single-family home during April was $159,070 and for a condominium it was $148,000. This compares with last year’s median residential and condominium prices of $164,950 and $143,950, respectively.

Inventory at the end of April was 22,297, down slightly from 24,352 in 2010.

“Inventory is actually at a reasonably healthy level,” added Walker. “Last year was an anomaly. Back in 2005 or 2006 we were under-supplied based on the level of sales at the time. And, we have had a fourteen- to sixteen-month supply consistently for the past few years. While we are at about a twelve- or thirteen-month supply now, the direction is on track for a more balanced market. As the market continues to stabilize, people will feel more comfortable with prices and market trends, allowing them to consider purchases with more confidence. The fact is, there are good properties available and conditions with interest rates and financing are favorable for those who qualify.”

• May Homes Sales

GREATER NASHVILLE HOME SALES REMAIN CONSISTENT

NASHVILLE, Tenn. (June 9, 2011) – There were 1,945 home closings reported for the month of May, according to figures provided by the Greater Nashville Association of REALTORS®.  This represents a 14.3 percent decrease from the 2,270 closings reported for May 2010.

Year-to-date closings are 7,600.  That total is down 11.7 percent from the 8,607 closings reported through the same period last year.

“In these times, having just short of 2,000 closings in a month, with over 2,000 sales pending, is positive news,” said GNAR President Alice Walker. “We know last year’s numbers were inflated due to the 2010 home-buyer tax credits, but with home sales up 9 percent from May 2009, the trend is consistent with prior months and generally encouraging. Many Realtors experienced good traffic during the June 4 and 5 Nationwide Open House, reaffirming the interest of potential buyers and the inherent value of becoming a homeowner in Middle Tennessee. Still, the softness of the job market appears to be keeping potential buyers in a very cautious posture.

A comparison of sales by category for May is:

MAY 2010        MAY 2011
CLOSINGS                  2,270               1,945
Residential                   1,918               1,595
Condominium               250                  209
Multi-Family                  12                    16
Farms/Lands/Lots        90                    125

There were 2,023 sales pending at the end of the month, compared with 2,124 pending sales at this time last year. The average number of days on the market for a single-family home was 93 days.

The median residential price in May was $165,900 for a single-family home and $143,000 for a condominium.  This compares with last year’s median residential and condominium prices $167,700 and $151,825, respectively. Inventory at the end of May was 22,514, down from the 24,007 reported in May of 2010. The current inventory of properties by category, compared to last year is:

MAY 2010        MAY 2011
INVENTORY               24,007              22,514
Residential                  14,779              14,210
Condominium              2,519               2,083
Multi-Family                 439                   360
Farms/Land/Lots         6,270               5,861

“Inventory is down from last year, but – as expected – up from last month,” added Walker. “the late spring and summer housing market activity always prompts an increase in the number of homes available. With little change in median home prices, housing options remain strong and prices are stable. The process of purchasing a home has become much more complicated. Options like short sales and foreclosures create both opportunity and risk. Professional counsel from a Realtor is always valuable, but especially so during these changing times.”

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Mike and Wendy McCarty of Keller Williams Realty say the tips apply to virtually all markets in the U.S. and that while many buyers have heard that there are many foreclosures on the market, most don’t understand these practical rules they can follow to save money.

Here are some tips to consider:

1. Work with an agent who has access to foreclosure information.
Many home buyers assume that all agents have access to foreclosure listings. It’s important to ask.

2. Bank-owned properties generally close faster than short sales.
While short sales can be bargains, they also can take a lot longer. Some banks will negotiate in a timely manner on short sales, but most will prioritize properties they have already repossessed.

3. Always offer less than the asking price.
Don’t assume that banks are firm on their price. For example, asset managers responsible for liquidating bank-owned Marco Island, Florida condos are often willing to consider a lower offer.

4. Ask the bank to pay your closing costs.
The worst that can happen is that they say no. Sometimes buyers are surprised to find that banks can be quite accommodating when they want to.

5. Get pre-approved from the right bank.
When making an offer on a short sale, it’s often strategically helpful to be pre-approved by the same bank. During negotiations, this may tip the scales in your favor.

Again, this is not a catch all list but these are a great place to start. If you want a list of all current foreclosures, bank-owned homes, or short sales in Franklin or Nashville TN feel free to contact me. Good luck with your home search!

HOME SALES DECREASE IN FEBRUARY

NASHVILLE, Tenn. (March 9, 2011) – There were 1,134 home closings reported for the month of February, according to figures provided by the Greater Nashville Association of REALTORS®.

This represents a decrease of 13.3 percent from the 1,308 closings reported in February 2010. Year-to-date closings through February are 2,235, a 4.5 percent decrease from the 2,341 closings reported through February 2010.

“We will always be thankful when there are more than a thousand closings in a month, and even moreso when circumstances make that more difficult to achieve. Stringent loan requirements, economic uncertainty and inclement weather made for a difficult February, and the 13.3 percent decrease in overall closings is a reflection of that,” said GNAR President Alice Walker. “But, with pending sales up from last month and the anticipation of warmer weather so people are more likely to get out and look at new homes, the overall outlook for the real estate market is beginning to improve.

“Another restraining influence on the current real estate market, here and everywhere, is the mixed messages coming from government on housing issues. Confusing discussions about the mortgage interest deduction, Fannie Mae, Freddie Mac and other housing programs are causing people, who are already cautious due to the economy, to be concerned and even more hesitant to make significant purchases. Our hope and expectation is that these issues can be addressed and resolved quickly, in a manner that truly supports homeownership, which is proven to be one of the country’s most significant supports for families, communities and economy.”

A comparison of sales by category for February is:

There were 1,416 sales pending at the end of the month, compared with 1,614 pending sales at this time last year. The average number of days on the market for a single-family home was 103 days.

The median residential price for a single-family home during February was $169,900, and for a condominium it was $132,000. This compares with median residential and condominium prices of $159,900 and $149,950, respectively at this time last year.

Inventory at the end of February was 20,997 down from 23,159 in February 2010. The current inventory of properties by category, compared to last year, is:

“Inventory is down from last year, but beginning to increase as is expected as we move into spring when more people begin their search for a new home,” added Walker. “There is already a good selection of homes available in the Greater Nashville market.”

• 2011 BEGINS WITH INCREASE IN HOME SALES

The Greater Nashville area saw 1,101 homes sold in January 2011, resulting in a 6.6 percent increase compared to the 1,033 closings reported in January of 2010, sparking a sign of optimism in the region’s housing market.

Median price for single-family homes also showed an increase compared to January 2010. The median price of a single-family residence was $165,500 in January 2011 compared to $159,000 last January. Condominiums saw a decrease in median price for January 2011 at $131,500. By comparison, the median price for a condominium it was $154,550 in January 2010.

Pendings: 1,270
Days On Market: 102

• HOME SALES DECREASE IN DECEMBER AND FOR 2010

There were 1,500 homes sold in December 2010, resulting in only a 6.9 percent decrease compared to the 1,612 closings reported in December of 2009. The year ended with a total of 20,250 closings, which is a 4.4 percent decrease compared to the 21,183 closings in 2009.

Median price for single-family homes continued to show an increase again in December. The median price of a single-family residence was $174,500. Condominiums showed a decrease in median price at $140,000. By comparison, the median price of a single family residence in December of 2009 was $164,000 and for a condominium it was $149,900.

DECEMBER CHART

Pendings: 1,273
Days On Market: 95

• PRICES STABLE DESPITE DECREASE IN NOVEMBER HOME SALES

1,326 homes sold in November, resulting in a 32.8 percent decrease compared to the 1,973 closings reported in November of 2009. Year-to-date closings are at 18,750, which is a 4.2 percent decrease compared to the 19,571 closings reported through November 2009.

Median price for single-family homes showed an increase again in November, with condominium prices decreasing. The median price of a single-family residence was $165,000 and for a condominium it was $137,500. By comparison, the median price of a single family residence in November of 2009 was $158,500 and for a condominium it was $144,400.

NOVEMBER CHART

Pendings: 1,623
Days On Market: 98

• OCTOBER HOME SALES DOWN, PRICES RISE

October saw 1,495 homes sold, which is a 30.3 percent decrease compared to the 2,145 closings reported in October of 2009. Year-to-date closings are at 17,433, which is a 1 percent decrease over the 17,598 closings reported through October 2009.

Median prices for both single-family homes and condominiums showed an increase again. The median price of a single-family residence was $173,525 and for a condominium it was $152,950. By comparison, the median price of a single family residence in October of 2009 was $160,000 and for a condominium it was $144,000.

OCTOBER CHART

Pendings: 1,439
Days On Market: 94

• SEPTEMBER HOME SALES FOLLOW TREND, YTD STILL UP

There were 1,567 homes sold in the month of September, which is a 19 percent decrease compared to the 1,935 closings reported in September of 2009. Year-to-date closings are at 15,929, which is a 3 percent increase over the 15,453 closings reported through September 2009.

Median prices for both single-family homes and condominiums showed an increase. The median price of a single-family residence was $171,820 and for a condominium it was $155,000. By comparison, the median price of a single family residence in September of 2009 was $160,000 and for a condominium it was $142,500.

SEPTEMBER CHART

Pendings: 1,588
Days On Market: 92

If you would like more information or to setup a showing please contact me directly at 615.429.4836 or Luke@Agent615.com!

Welcome to 305 Cypress Court in desirable Cottonwood community – This home is a massive 3451 square feet, 6 BEDROOMS, & 4 FULL BATHS! Hardie Plank siding has been added, new roof, and new water heater – all within 2 years. Lives like new!	Hardwood Entry Foyer leads to Den with Wood Burning Fireplace, Crown Molding, & Hardwood Floors. Easy access to back patio as well as upstairs bedrooms. This home has several great living spaces
Formal Living Room is located at the front of the home and is directly connected to the dining room which is great for entertaining. Could easily be used as an office as well	Formal Dining Room is adjacent to the eat in kitchen. Again, hardwood floors, enhanced lighting, crown molding, and chair rail accentuate the beautiful space…
Updated Kitchen with Granite Island has large eat in nook right next to a window to take in the sunrise. Double ovens, new dishwasher, and built in stove and microwave are all included. Great recessed lighting is displayed throughout the home.	A Modest Master Suite with Large Walk-In Closet and Private Bath located in a private wing of the main level.
Guest Bedroom (2) located on the main level	Guest Bedroom currently being used as an Office (3)
Guest Bedroom located next to the master (4)…Thats 4 bedrooms on the main level alone!	Large Bonus Room is located at the top of the staircase and is a great place to enjoy a game or hang out with friends
Large Master Suite Up with Walk-In Closet & Private Bath (5) … Sewing/Hobby Room is connected to this room and would make a great office or sitting room if you prefer.	Cute Sewing/Hobby Room or Sitting Area connected to the Upstairs Master Bedroom
Upstairs Bedroom with Large Closet (6)…That makes 6 total bedrooms!	This home has wonderful architectural features throughout. Like these window seats upstairs. There are 6 of these and each has a built in storage box – so cozy!
Unbelievable Walkable Attic Storage Located next to 6th Bedroom upstairs. Possible expansion space if you need more	Great Private Shaded Courtyard Patio are right off the Den. Home is on desirable Cul-de-sac that backs up to Common Area!
Cottonwood is a great neighborhood with swimming pool, clubhouse, tennis courts, and tons of common space for you to enjoy…Come see for yourself!

• Tip #1: Refresh the exterior

First impressions count when it comes to selling a home. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:
-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.

• Tip #2: Spruce up the lawn and landscape

Home buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:
-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.

• Tip #3: Create an inviting entrance

The front door to your home should invite buyers to enter. The best ways to improve your entry include:
-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.

• Tip #4: Reduce clutter and furniture

A buyer cannot envision living in your home without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:
-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.

• Tip #5: Clean, clean, clean

The cleanliness of your home also influences a buyer’s perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer’s decision process, so pay particular attention to these areas. The best ways to improve these areas include:
-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.

• Tip #6: Make minor repairs

The small stuff does count, especially with first-time home buyers. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:
-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.

• Tip #7: Showcase the kitchen

The heart of any home is the kitchen. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:
-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.

• Tip #8: Stage furniture

Furniture placement can enhance the space of your home while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:
-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.

• Tip #9: Light up the house

Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:
-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.
-Turning on all the lights for a showing.

• Tip #10: Add fresh touches

You can easily add color and style to your home by adding fresh touches throughout. Some ideas to consider include:
-Placing fresh floral arrangements in the entry and master bedroom.
-Placing bowls of bright-colored fruit in the family room and the kitchen.
-Filling an empty corner with a potted leafy plant.
-Setting new hand soap in the bathrooms.
-Displaying fresh towels near sinks.

I hope you found this resource helpful and encouraging as you may be preparing to sell your home. These items can give you the best opportunity to sell you home as quickly as possible and for top dollar.

1. Don’t buy if you don’t plan to stay – If you do not plan to stay in one place for more than a few years then buying may not be right for you at this point. The costs of financing and moving could leave you with a loss even in a rising market, certainly detrimental in a declining market.
2. Start by getting your credit right – Since you will likely need a mortgage to buy a home get copies of your credit score a few months in advance of your home search. Align yourself with a lender that can help you develop a strategy to save and pay off necessary debt in order to purchase in your desired timeframe.
3. Choose wisely between points and rate – Rates are so exceptional right now that this may not apply…Points are fees you pay at closing in order to get a lower interest rate. Often it may take 3-7 years before the difference in mortgage payment balances out with the upfront fees. However, a lower interest rate can save you in the long run.
4. Hire a home inspector – This is such a minimal fee with huge benefits. For about $300-$400 a home inspector can: give you the peace of mind that the home you are purchasing is in great shape, provide you with a report to withdraw from the contract if something significant is wrong with the property, or negotiate a lower price if the sellers are willing.
5. Get professional help - (I like this one Even with the boundless resources of the internet at the buyers fingertips it is recommended that new buyers (and even more experienced ones) seek the help of a professional. They are experienced in negotiation strategies & providing the necessary information to a buyer to help make a more informed decision.
6. Be patient – Purchasing a home is one of the largest purchases you will likely make. The key to removing buyers remorse is to feel completely confident in your decision before signing on the dotted line.

I hope once again that this information was useful to you.

If you have a need to consult a lender to determine your credit and setup a gameplan to be better prepared to purchase a home in the near future, I have a team of resources that I have worked with that I highly recommend. Secondly, if you are seeking a home inspector I have worked with several and can narrow your search down to a few great people to get the job done. Lastly, if you are ready to begin the process of finding the home that is right for you please contact me directly at Luke@Agent615.com. I am happy to serve in any way.

Packing your belongings and moving can be very stressful and involves a to-do list a mile long. So, it’s tempting to give only passing attention to hiring a mover and the related incidental costs. That could be a mistake—for your wallet and your peace of mind.

Moving can be quite expensive. A typical full-service interstate move costs about $4,300, while the same in-state move might cost about $2,500, according to the American Moving & Storage Association. And while the moving industry has many fine companies, it is notorious for fraud and dirty tactics by so-called rogue movers.

Here are 10 suggestion to make your move simple and avoid the hassle:

1. Choose a type of move: You have three basic choices: do-it-yourself, full service and a relatively new hybrid of the two. Going it alone is the cheapest alternative, costing the rental price of a truck, gasoline, packing materials and, perhaps, pizza and beer for friends you rope into helping. With full-service moves, moving within a state is charged by the hour, while moving across state lines is charged by weight and mileage. With a hybrid move, a mover will drop off a large container at your home for you to pack. The mover will then load the container onto a truck, drive the belongings to your new location and drop off the container for you to unload. Because you’re doing the manual labor of packing and unpacking, it’s far less costly than a full-service move.
2. Hire a quality mover: If you hire help, get at least three price quotes and do your homework before selecting a mover. Seek recommendations by talking with family and friends, even your Facebook circle. Investigate a company’s reputation with the Better Business Bureau (bbb.org), Yelp.com and possibly the paid-membership site Angie’s List (angieslist.com). Check a company’s complaint history at the federal government site, ProtectYourMove.gov. “People think a good reputation equals expensive, but that’s not true,” said Laura McHolm, co-founder of NorthStar Moving in Los Angeles. “You don’t get a good reputation by overcharging people.” Look for two things when hiring a moving company: A full-service mover should visit your home in person, not give a quote over the phone or online, and should provide a written estimate, experts say.
3. Declutter: No matter what type of move you’re making, taking less stuff is cheaper and less hassle. Set up a staging area, perhaps in a garage, with various piles, such as throw out, recycle, donate and sell. For many items, use the rule of thumb, ‘If you haven’t used it in a year, you probably don’t need it.’
4. Be flexible: Like airline fares, moving rates depend on when you book. The busiest time for movers, and thus the most expensive time for consumers, is summer weekends near the 15th and 30th of the month. If you have time flexibility, ask what rates would be for different days or seasons. If you have extreme flexibility, ask about moving standby: waiting until the mover has extra space and needs to fill a truck.
   
5. Save on boxes: Buying new boxes from a moving company is the most expensive choice. To save some money on packing materials, ask if you can buy used boxes from your moving company. Cheaper yet is finding free boxes, ideally from somebody who just moved. Ask your real estate agent to connect you with other clients who recently moved or look on Craigslist.org. Specialty boxes, such as wardrobe boxes, might be cheaper to purchase at a do-it-yourself moving store, such as U-Haul, than from your mover.
6. Save on packing materials: If you’re packing your belongings yourself, fill suitcases, laundry baskets and plastic containers with unbreakable items. Use pillows, scarves and towels to wrap fragile belongings.
7. Insure it: Check your homeowner’s or renter’s insurance policy to determine whether it provides coverage for your belongings while in transit. If not, you’ll probably want more than the basic free valuation coverage a full-service mover provides. The standard valuation is 60 cents per pound per item. That means breaking a 10-pound, $1,000 stereo system would net you $6. You’ll want full replacement-value insurance, which reimburses you what it will cost to replace broken items. But don’t necessarily buy that insurance from the moving company. Moving insurance is likely cheaper from a third party, but be aware that you probably cannot get insurance on boxes you packed yourself.
8. Be prepared: Plot out where furniture and boxes will go before moving day arrives. The less time movers spend rearranging, the less expensive it will be. In urban areas, reserve a space or two in front of your new home for the moving truck by parking your own vehicle there ahead of time. If the movers have to park too far away to unload, you could incur a ‘long carry’ surcharge.
9. Stake your claim: If you’re moving for a job, negotiate the best relocation package you can. Unreimbursed expenses might be tax-deductible. For details, see Publication 521 Moving Expenses at IRS.gov.
10. Tip: Tipping each mover $3-$5 per hour is customary, said Stephen Coady, marketing manager for Gentle Giant Moving Co. in Somerville, Mass.

If you are planning to make a move in the near future I do hope some of this info will help in your planning process.

Personally Evin and I recently moved across town with All My Sons moving company and could not speak highly enough of the crew and our rep Frank Capurso. The quote was extremely accurate and there were no surprises or damages to any of our goods. Give Frank a call (631.521.0367) if you are looking to move from anywhere in the Greater Nashville area. At least have him get you a quote, you won’t regret it!

Oh and we have tons of boxes if you need some supplies getting started. Just give me a shout or shoot me an email, or text, or tweet, or write on my facebook wall, knock on our door, send me a letter, fax, or whatever works best for you