Greater Nashville Realtors: Home Sales See February Up-ticking- Nashville Business Journal

 

Nashville-area home sales shook off their slow start from January and grew by 2.8 percent last month when compared to a year ago.

 

There were 2,536 closings reported in the region in February, according to new data from Greater Nashville Realtors. Regional home sales had started the yearwith a 1 percent dip in January.

 

“It is very exciting to see home sales steadily increase compared to this time last year,” Greater Nashville Realtors President Andrew Terrell said in a news release. “This growth continues to prove that the Middle Tennessee housing market is vibrant and healthy.”

safe_image

 

 

 

 

 

https://www.bizjournals.com/nashville/news/2019/03/08/nashville-area-home-sales-see-february-uptick.html?ana=e_me_set1&s=newsletter&ed=2019-03-08&u=z2hCIZt8n3Yqq1wqtb30MA098595fc&t=1552058830&j=87115851&fbclid=IwAR2ySZ3bexIp6hhWA21jKUNOEAxIBnDZcbma6O4FhianBnVj2k9MivwwBMs

How Did The Nashville Real Estate Market Do In January 2019?

January saw a double-digit increase in inventory in both Davidson and Williamson Counties. That means a welcome addition of MORE CHOICES for buyers in the hot market that Nashville has become.

The average sold price is down just shy of 1% year over year in both counties. That means a healthy normalization of appreciation could be on the horizon.

For any specific updates to your neighborhood or zip code, give me a call!

 

Mkt Jan 2019 Davidson Jan 2019 mkt Williamson

Ever wonder what’s considered “Recyclable”?

Check out this article.   Folks are making some pretty big mistakes…like putting their recyclables in a plastic bag, then placing the bag with everything in it in the recycle bin.  Or trying to recycle styrofoam…or grease covered bottoms of pizza boxes.

And did you know that wax-coated paper milk or juice cartons can be recycled?   Be sure to read the entire article and share with your friends.  We need to do all we can to reduce..reuse..recycle!

https://www.tennessean.com/story/life/2019/02/18/nashville-recycling-metro-public-works-tips/2534633002/?fbclid=IwAR1lk6msNKfkqC_LjoV3oDb9CIRyH8o5orvHWf98DpUSl3CQKL-nfC70fW4

Recycle pic

Village Real Estate Sold!

mark pic

Village sold to Central Real Estate

Deutschmann will be part of newly created entity

AUTHORS William Williams

The recently created Central Real Estate Partners has acquired Village Real Estate Services, the latest move in what has become a fast-changing local residential real estate sector.

According to a release, Village founder and CEO Mark Deutschmann has sold a major percentage of his ownership in the business. Specific financial terms of the deal are not being disclosed.

The entity will operate with the Village moniker, and Deutschmann will serve as chairman emeritus and as leader of his City Living Group sales and marketing team.

In addition, veteran real estate industry officials Hunter Connelly and Aaron White (Connelly started Core Development with Deutschmann in 2003) of Evergreen Real Estate, are members of the new Village ownership group.

Connelly and Zach Goodyear, formerly of Village, will serve as CEO and principal broker, respectively, of the new ownership structure.

Deutschmann also founded The Village Fund (which has invested more than $2.2 million in the city, according to the company website) and Core Development (which focuses on mixed-use projects in emerging urban districts). He continues as CEO of Core and Village Holdings, which are separate entities not part of the deal.

The deal comes shortly after a significant number of area residential real estate agents and brokers collectively left their respective employers to create Central Real Estate Partners (read here). A key core of that group departed from Parks Realty’s Gulch office. These include Goodyear, Scott Evans and Brian Stoltzfus.

Goodyear, Evans and Stoltzfus left Village in 2012 to help spearhead the re-branding of Parks (formerly Bob Parks Realty) and create an urban presence for the then-suburban-focused company. Via a Gulch office, the trio grew the entity to more than 60 full-time agents. Relatedly, Goodyear, Evans and Stoltzfus oversaw high-profile listings such as Twelve|Twelve in The Gulch, among others. The release does not not how many of those agents might join the new ownership group at the reinvented Village.

“This legacy sale reunites ‘the band,’ brings new energy to Village and keeps the Village Fund intact,” Deutschmann said in the release. “I have the utmost respect for Zach as a leader in the agent community, and am delighted the group is back together. We will be one of the strongest residential sales groups in the city and the only firm using real estate to effect positive social change in our community.”

Deutschmann, who started Village in 1996, ranks among the most senior officials within the city’s residential real estate industry. He has grown the company to more than 300 agents and staff with six neighborhood offices.

This is the latest such move locally. Last month, Nashville-based residential real estate company Christianson Patterson Courtney & Associates announced it would merge with Zeitlin Sotheby’s International Realty (read here). And in November, New York-based residential real estate firm Compass announced its entrance in the Nashville market, adding agents from Synergy, Village, Zeitlin Sotheby’s, Parks and Chateau Properties (read here).

https://www.nashvillepost.com/business/development/residential-real-estate/article/21039768/village-sold-to-central-real-estate

Another restaurant deput…

We have Been huge fans of Bread & Co over the years and came to enjoy the transition to First Watch…now were anxious to try Sun & Fork!
Sun & Forkhttps://www.tennessean.com/story/money/2019/01/03/first-watch-nashville-sun-fork-breakfast-near-me/2474977002/?utm_source=tennessean-Business&utm_medium=email&utm_campaign=baseline&utm_term=list_article_thumb

Pangaea will be missed…

We have loved this store for years and wish Sandra all the best in her future endeavors!

https://www.tennessean.com/story/money/2019/01/02/pangaea-nashville-closing-owner-sandra-shelton-announces/2467969002/
PANGEA