I was hoping the price was wrong– I received a call today inquiring about one of my listings posted on my website. After the the typical chitchat about carpet, bedrooms, closets, and lots, she asked me about the price. At that point she had my curiousity, because all of this information is on my website. So I asked her if the price was missing on the website. She said “I was hoping the price was wrong“.
I asked her why she thought that the price would be wrong. Her comment “I’ve heard that builders are in trouble, and I hoped the price would be much lower”. My next question, Where do you live now? Her answer was Florida, andbased on what she told me, builders in Florida are getting some bad press coverage. But I did have to laugh, and I told her that Nashville real estate prices had gone up over the last 12 months.
She was a little surprised, and I hope I didn’t lose a customer because of my honesty. But the real estate market in Nashville never had the speculators that some of the other cities had, so we didn’t have years of large price increases, or lots of new homes sitting empty for years. it surprises a lot of people when they move to Nashville to find out that the prices are very stable, and the inventory is shrinking. Yes Nashville has pockets of foreclosures and short sales, but those don’t seem to be in areas where people really want to buy homes anyway.
I can show you what the Nashville market has to offer, but I can’t bring Florida prices to Tennessee. On the other hand, our property taxes and homeowner insurance are much cheaper than Florida, and it may make up the difference.
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information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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(all data current as of 2/26/2020)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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