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Editorial Results (free)

1. A torrent of opinions on federal flood insurance -

For those who have grown weary of debating vaccinations, insurrections and recent elections, I offer a new subject for debate – flood insurance.

With the recent devastation in Waverly, severe flooding across the country and the catastrophic damage caused by Hurricane Ida, flood insurance claims are flowing into insurance carriers and the Federal Emergency Management Agency (FEMA) from all corners of the nation.

2. VA loans mount comeback; August sales in slight retreat -

There was a time when there were fewer veterans than there are now, and Veterans’ Administration loans had seemingly faded away.

With the 20 years of fighting in and around Iraq and Afghanistan, there have been tens of thousands of men and women serving our country, and the number of veterans eligible for VA loans has skyrocketed.

3. Spread the word: Party’s winding down for short-term rentals -

News has never traveled faster than it does today, but the latest news concerning the short-term rental situation in Nashville seems to have exited the information highway.

Short-term rentals (STRs) began to boom in Nashville in 2015, some eight years after the company Airbnb was founded and began to gain momentum in the “It City,” which also has become known as “The Bachelorette Party Capital of the World.”

4. List low, sell high: Let the bidders drive up the price -

With the post-Labor Day listing surge days away and the local real estate market spinning out of control, the feeding frenzy will once again fly into full swing. And while there are thousands of buyers hovering and an abundance of sellers, overpricing houses could be a big mistake.

5. Market ready to accelerate again after August respite -

August is a slower month for real estate showings as families take that one last vacation, begin to prepare for the upcoming school year and, in these times of COVID, develop plans for quarantine and even another shutdown.

6. Kind souls provide for those with no place to call home -

In spite of all the homes sales being logged in and around in the Greater Nashville area, homelessness remains a major concern for the city. Homeless advocate and Room in the Inn founder Charles Strobel recently noted that homelessness is increasing even as the city flourishes.

7. Poll: Mortgage shoppers still seeking human interaction -

With the pandemic gaining speed once again, many Realtors and sellers are concerned as to how the market will be affected. With the Nashville market having its best two years in history during the pandemic, most are not worried.

8. Literally, a lot to dislike in overused, misused phrases -

People say “a lot” a lot. When they say “a lot,” they use it to describe a large quantity such as “a lot of baloney,” which should be a lot of bologna. But since they have made it to this point in misspeaking, they might as well butcher bologna.

9. Brat house: Sellers see nothing but perfection -

Houses are often like spoiled children, the product of loving parents who feel their offspring can do no wrong. Houses are often viewed with the same affection by their owners. They are absolutely wonderful. Flawless. If you do not believe the owner, read the property condition disclosure.

10. Top Davidson County commercial sales for June 2021 -

Top commercial real estate sales, June 2021, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

11. Fannie, Freddie take a load off by dropping 0.5% fee -

In 2012, interest rates for 30-year mortgages dipped to less than 4% for the first time in history, a full 14 points less than the 18% rate of 1981. When this phenomenon hit nine years ago, homeowners sprinted to their favorite mortgage lenders to refinance their homes at the new rates.

12. Top Davidson County residential sales for second quarter 2021 -

Top residential real estate sales, second quarter 2021, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

13. Top Davidson County residential sales for June 2021 -

Top residential real estate sales, June 2021, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

14. We keep selling more houses than we have to sell -

So much for the “blood out of a turnip” adage. Each month, the Nashville real estate market continues to set records for the number of sales by pulling transactions from the lowest inventory level in decades.

15. Newcomers, return to offices bring worsening traffic woes -

Nashgeddon! It’s coming! During the pandemic, as traffic slowed, the woes and moans of the drivers dropped into eerie silence. With the decrease in cars skirting about the roads and bridges of the county, travelers were once again happy, safe in their little COVID hideaways traveling down the highways.

16. New to town? Here’s the lowdown on snakes to avoid -

Tennessee is loaded with snakes, and many are eager to share their habitation with humans. Certainly, they have enjoyed their time among us over the past several thousand years.

Since the publication of the Bible – and its first chapter, aptly named Genesis – snakes have gotten a bad rap. The snake lovers on Facebook’s Tennessee snake identification and education page say snakes have been unfairly vilified. The admin people on that page know their snakes and can identify them with ease, even those regular Tennesseans might find confusing.

17. Don’t get starstruck when buying a celebrity’s home -

Nashville is a community that has always had its share of celebrities, with most of them hailing from the country music industry. Some homegrown talent such as Reese Witherspoon, Mookie Betts, David Price, Brant Snedeker and Oprah Winfrey have provided some diversity in the celebrity circles.

18. Top Davidson County commercial sales for May 2021 -

Top commercial real estate sales, May 2021, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

19. Runaway market slows, still ahead of record 2020 pace -

Middle Tennessee real estate unit sales increased 24% in May compared to May 2020, Greater Nashville Realtors figures show. With inventory as low as it is, there are those who might wonder how these sales could occur.

20. Sellers cashing out, heading to lakes, beaches, mountains -

Where have all the sellers gone? Long time passing. Actually, it’s a fairly recent phenomenon that has large numbers of Middle Tennesseans cashing out of the real estate frenzy and going far, far away to work remotely.

21. Doing the right thing isn’t always best thing for clients -

There was a time when Realtors could trust one another to do what they said they would. But, then those pesky regulations of the Tennessee Real Estate Commission began to take precedent over courtesy and integrity, causing even more mayhem in a chaotic market.

22. All these newcomers are going to need some coaching up -

With the population exploding in Nashville and the Midstate area, newcomers should be aware that there are certain words and phrases that did not exist in their previous habitats and would be good to know.

23. Williamson sales booming, even in middle of month -

Last week was a big one for closings in Williamson County with 121 properties changing hands, an enormous number for the middle of the month since most residential real estate closings occur at the end of each month.

24. Record April sales obliterate April 2020’s record sales -

Buyers and Realtors alike are lamenting the paucity of real estate inventory in the area. With enormous demand and many homes receiving more than 30 offers – many for hundreds of thousands of dollars more than over list price – April sales numbers are staggering.

25. Congratulations, your home sale has fallen through -

The negative side of the current residential real estate market, other than the fact that, on average, 90% of the offers that are submitted are rejected, is that an inordinately number of the accepted offers are eventually terminated.

26. East Nashville home goes for $175K more than list -

As the melee continues in the Nashville real estate market, the battles for homes have spread far beyond areas that might normally fetch prices in the tens or maybe even hundreds of thousands of dollars more than asking price.

27. $75,000 more than asking price? Williamson takes off -

Many have heard the stories of woe emanating from Williamson County as hundreds of would-be buyers are trying to purchase homes in the area only to be rebuffed by sellers who are swimming in offers.

28. Cook, McKee ramp up commitment to Habitat -

Paul Cook entered the real estate business in 1972 and quickly established himself as a man with a keen intellect and the eye of a visionary entrepreneur. Over time, his reputation as a builder was as sound as the foundations of his homes.

29. Yes, that’s my listing, but if you have any questions ... -

Window treatments remain with the property in most real estate transactions, largely because it is written into the boiler plate language in the contract.

As the contracts have evolved, the term was more defined and included curtains – draperies in the more expensive homes – and the hardware, including the rods and equipment that hold the curtains to the walls.

30. Top Davidson County commercial sales for February 2021 -

Top commercial real estate sales, February 2021, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

31. Buying frenzy sends prices on self-perpetuating climb -

As the residential real estate market remains ablaze, a ritual for showing and selling homes has been established. The properties are listed and made active on a Friday, then are open for showings with 15-minute windows Saturday and Sunday, some with open houses Sunday so that shopper can view the frenzy firsthand.

32. Top Davidson County residential sales for February 2021 -

Top residential real estate sales, February 2021, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

33. Greater Nashville Realtors celebrate year like no other -

Last weekend, the Greater Nashville Realtors showcased the cream of the real estate crop when they produced “Broadway: The Show Must Go On.” The theme was inspired by the work performed by the Realtor members during 2020, a year fraught with challenges for the community and the world.

34. The early bird gets nothing without an above-list offer -

The Nashville-area real estate market is hotter than hot, as anyone involved can attest. And heading south on I-65, a reasonable solution in markets past, offers no relief.

In all of Williamson County, there were some 18 houses on the market Friday in the $550,000-$800,000 price range, with several of those entering the market Friday. These properties were in Brentwood, Nolensville, Franklin and all points between those municipalities.

35. Supply is far outpaced by demand in Midstate market -

Spring break is two weeks away for most schools, although in many homes the break means little as the children were not attending school and many families are not comfortable traveling.

In years gone by within real estate circles, the break signaled the end of a dormant winter market and heralded the arrival of an anticipated vibrant spring market.

36. Zero, 1 day on market new norm in hot winter market -

Over a closing table this week, Brandon Miller, a founding member of Wagon Wheel Title, waxed brilliantly on his observations as a residential real estate closing attorney. During its 15-year of existence, Wagon Wheel has blossomed into one of the leading title companies in Nashville with Miller witnessing numerous closings for properties located in all geographical areas of Greater Nashville.

37. Zillow now more embedded in local real estate offices -

Over the past 15 to 20 years, most real estate firms have transitioned to call centers to help schedule appointments for the firms’ listings. Many companies relied on either “Showing Time Appointment Center” or “Centralized Showing Service,” my personal favorite, as the telephone connections were better and the service provided by those answering the phone was more professional.

38. Music City real estate still singing the same hit song -

January sales numbers have been released by the Greater Nashville Realtors, and it’s the same old story despite the new year: Sales are strong with 2,745 closings representing a 4% increase compared to January 2020.

39. Forbearance bubble? Not in this hot housing market -

Elliot Eisenberg is an internationally acclaimed economist who is able to mix his wit with his wisdom and communicates each day to 20,000 recipients of his 70-word blog, available to all at Econ70.com.

40. Inexcusable construction flaw or a convenient scapegoat? -

Many houses are selling for thousands if not hundreds of thousands of dollars more than list price. Others are not selling. There’s usually a fatal flaw when a house remains unsold in this market. Sometimes they are hidden, but they are there.

41. Top Davidson County commercial sales for 2020 -

Top commercial real estate sales, 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

42. Bombing victims assistance the latest way Realtors help -

Each month the Greater Nashville Realtors provide the sales data reflecting the activity in the area, a valuable tool for assessing the market conditions in Middle Tennessee. However, the organization does much more than count houses.

43. Another record year for Midstate home sales despite pandemic -

When Nashville closed the door on 2020, at least symbolically, the city breathed a sigh of relief after suffering a tornado, a derecho, a pandemic and a hellacious bombing.

Unfortunately, as 2021 unfurls, the pandemic is hitting record numbers of deaths, the U.S. Capitol has been attacked and besieged, and the overall economy continues to suffer with tourism hitting a dismal low.

44. $1M-plus sales up whopping 13% over record 2019 totals -

The Greater Nashville Realtors will likely announce next week that 2020 was another record year for real estate sales in Middle Tennessee. As the pandemic grew from speculation to reality, Nashville realty followed the same curve, even in the upper-end market.

45. Supply suddenly chasing demand as 2021 arrives -

The market showed no signs of slowing as houses continued to close right up until Christmas Day and then the cycle began again on the 28th. One of the more surprising developments was the number of homes that were listed last week and the exorbitant listing volume that hit the Multiple Listing service this week.

46. Skyrocketing prices can’t be good for Nashville’s future -

The flood of those migrating to Nashville remains unfathomable, many having sold their homes in what they consider expensive markets. And then, like Michael Keaton in Batman, the Nashville market says “Wait’ll they get a load of me.”

47. No relief from real estate heat in mountain retreats -

Many Nashville-area families are headed to the mountains as COVID-19 has changed long-distance travel plans. Prices in Highlands and nearby Cheshire, North Carolina, have increased by as much as 40% since February, and Monteagle and Sewanee are seeing similar activity.

48. Top Davidson County residential sales for November 2020 -

Top residential real estate sales, November 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

49. What offer through yonder inbox breaks? -

To sell or not to sell? That is the question. Although the verbiage does not meet the qualifications of a question, come to think of it. What is the subject, and what is the verb? Perhaps it is a gerund.

50. A one-house illustration of Nashville’s real estate boom -

There is no end in sight for the Nashville residential real estate boom. The soothsayers and prognosticators all predict more feast than famine. “Everything will remain the same for at least two years” is the bold forecast from most.

51. Baseball spurs million-plus rally in old Germantown -

In 2013, when Mayor Karl Dean announced plans to build the Nashville Sounds a new ballpark, it surprised many when he proposed the new facility to be constructed at the site of Sulphur Dell, the old Nashville Vols park, in Germantown.

52. Something in the water has Nashville homeowners hot -

As buyers are considering purchasing properties, they often ask the owners to provide utility bills so they can budget for their life in their new abodes. Often, sellers are flabbergasted to learn what they are paying for their water.

53. Great migration continues to drive Midstate home sales -

Real estate sales are so strong in the Greater Nashville area – an area long-recognized as one of the hottest markets in the country – that it’s really difficult to comprehend.

Sales data released by Greater Nashville Realtors shows there were 4,364 October sales in the Great Nashville area, an increase of 17% compared to October 2019.

54. Calendar matters little in new real estate marketplace -

“To everything there is a season.” The Hebrew Bible used the phrase first in Ecclesiastes 3:1-8, then the Byrds, a folk/pop/rock band, borrowed it in 1965 for “Turn! Turn! Turn!” featuring Roger McGuinn on the 12-string Rickenbacker guitar.

55. Barry White really got it together on this rebuild -

When scrolling through the various residential real estate sales that occur each week in Nashville, it is interesting to take look at the tax records and view the names of the various owners who have inhabited the properties over the years.

56. Down to the wire: When is a closing actually closed? -

In spite of the most brutal, contentious election in history being held during a worldwide pandemic, all is calm on the Nashville real estate front. At least for the most part.

As in the presidential elections, homeowners are spewing conspiracy theories about those trying to buy their houses and basing negotiations on reconnaissance.

57. Nashville-area sales soar past 2019’s record totals -

Greater Nashville Realtors sales data shows 4,336 properties sold in September compared to 3,794 in September 2019, an increase of 17%. And while the enormous bounce was expected, the number is nonetheless impressive, especially during a pandemic.

58. Packing up is hard to do: Sell the house and get out -

Houses keep selling, often more quickly than owners anticipated. With the holidays approaching, many sellers who were not expecting the houses to sell and close in such a short time period are attempting to push the buyers into allowing them to stay longer in their homes.

59. New Jacksonian proves to be aesthetic, financial win -

A condominium located within the Jacksonian development sold last week with no controversy or fanfare. Beginning with Andrew Jackson’s election to the office of President of the United States in 1829, when he implemented his policies that came to be known as the Jacksonian Democracy, controversy has attached itself to the term Jacksonian.

60. Is our problem the tax rate or undervaluing property? -

Since taxes seem to be involved in most real estate conversations, let’s talk tax.

This being a real estate column, it would be more appropriate to discuss property tax than sales tax or income tax, although the state income tax of other states and the absence of an individual income tax is helping to drive the local property tax skyward in Nashville.

61. Assumable mortgages could find renewed popularity with low rates -

As the pandemic continues to infect and kill people, and millions more remain out of work, home sales are at record highs, and the lending world is feeding this by offering interest rates that have never been this low.

62. Top Davidson County residential sales for August 2020 -

Top residential real estate sales, August 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

63. High-end homes carrying area market to new heights -

Davidson County real estate is weathering the storm as COVID-19 cases continue to cloud the community. This week, the Greater Nashville Realtors should release a healthy report for the entire Midstate area as pending sales had soared at the end of last month and, from all appearances, the area will break its record for transactions.

64. Pending, closing lag makes tracking trends difficult -

There is little evidence that the COVID-19 pandemic has affected the Middle Tennessee real estate market, though some say there has been an invisible reaction, one difficult to prove.

Others in the industry feel sales have slowed considerably.

65. Nashville real estate, tourism riding vastly different paths -

Residential real estate continues to soar through the pandemic, and those who practice the trade are sympathetic to those that are suffering. Butch Spyridon, president and CEO of the Convention and Visitors Corporation, delivered some sobering statistics recently when he spoke to a group of Realtors.

66. Top Davidson County commercial real estate sales for July 2020 -

Top commercial real estate sales, July 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

67. Many Realtors in market but few achieve excellence -

The fall selling season is fast approaching, and many sellers who chose to sit out the spring market with the Safer at Home order in place are back in the game and ready to sell.

Many are looking for assistance in choosing their Realtors. The internet abounds with suggestions as the various sites such as Zillow and Trulia allow Realtors to advertise their skills.

68. Top Davidson County residential sales for July 2020 -

Top residential real estate sales, July 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

69. July sales obliterate 1-month record set in August 2019 -

Kristy Hairston, president of the Greater Nashville Realtors, continues to deliver incredibly good news to her followers as 2020, in spite of the pandemic, is setting real estate sales records with each passing month.

70. Buyer, seller find sweet spot for West Linden deal -

Yes, it is still possible to find a $525,000 house in Hillsboro-West End. The tricky part is keeping it away from those who would tear it down and build anew and getting an appraiser to sign off on an astounding $416 per square foot.

71. What connects new school year, buying new house? -

With the number of COVID cases growing and the White House slapping the city on the wrist for its behavior, it would seem logical that residential real estate activity would slow. Yet it continues to move forward.

72. Christmas in July: Home sales surge finally arrives -

The COVID-19 droplets flying through the Nashville air are having a diminishing effect on the residential real estate market.

Sales are climbing, with 378 properties going under contract between July 4-11, with 17 of those listed for over $1 million. Last week, that number climbed to 436 pending and 18 topping $1 million.

73. Wait till next month? Sales once again poised for surge -

Last week the Greater Nashville Realtors reported that sales in the nine-county Greater Nashville area were up for the first time in three months, albeit only half a percent. Growth is growth, and it is exciting in these uncertain times.

74. Easy money is hard to find in foreclosure market -

With the number of unemployed people nationwide running in the tens of millions, many mortgage loans are in forbearance, clouding the real state of real estate. Only after the grace periods are lifted and the curtain is raised will the damage from the pandemic become evident.

75. Residential real estate sales definitely on the decline -

As the number of cases of COVID continue to grow, the Nashville residential real estate market continues to post baffling numbers.

With its best start in history, 2020 sales rivaled those of the record setting 2019 through the first three months of the year. April was then slightly down, and May’s sales fell 22% compared to the previous May, yet there was hope as pending sales were up slightly.

76. Midstate’s June real estate rally hasn’t materialized -

There have been 719 real estate closings in Davidson County through June 22 compared to 1,010 for the same period last year.

That follows a 22% decrease in home sales for May compared to May 2019, data provided by the Greater Nashville Realtors, which includes the sales in Davidson, Cheatham, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson counties.

77. May was bad but June could be a record-setter -

In “good news, bad news” news, Greater Nashville Realtors sales data for May carries the headline “Indicators Show Positive Market Moving Forward” and backs it up with hard numbers.

78. Low rates, fewer payments could save you a bundle -

When there is no COVID-19, no war, no recession or other crisis about, loans for home purchases represent approximately 70% of the mortgage business, with refinances contributing the other 30%.

In the first quarter of 2020, as interest rates dipped, the tables flipped, with refinances constituting 70% of the business, says Hart Weatherford, executive vice president of Capstar Bank Mortgage.

79. Summer getaway might be closer than you think -

With summer weeks away, the mercury beginning its trek upward and the children still underfoot after two weeks of spring break coupled with six weeks of quarantined home schooling, it is time for many Nashvillians to head to the mountains.

80. Top Davidson County commercial sales for April 2020 -

Top commercial real estate sales, April 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

81. $1M+ market remains hot as lower-end listings suffer -

Sales in the Nashville area dropped 17% in April, numbers collected by the Greater Nashville Realtors reveal. The data also showed pending sales substantially lower for April this year, a portent of lower sales numbers in May.

82. 2-for-1 HPRs are financial force in Nashville market -

The horizontal property regime continues to baffle Realtors, homebuyers and even attorneys at times. In essence, a horizontal property regime is a legal device by which two residences can be built upon a single lot, or a parcel of land, that previously had one house.

83. Top Davidson County residential sales for April 2020 -

Top residential real estate sales, April 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

84. Fewer homes selling for higher prices in Midstate -

Unit sales sagged 17% in April, Greater Nashville Realtors statistics show, while prices rose from a median of $306,975 in April 2019 to $330,000 for April 2020.

GNR President Kristy Hairston says homes continue to sell, “which is evident in the 3,050 pending sales for May.”

85. House divided: Village, Parks decide to ‘demerge’ -

In a world turned upside down, it’s good to know local real estate is going with the flow.

Two firms – Village and Parks – had announced their merger in January, making them the largest firm in the Nashville area. For those trying to keep score at home, Village had sold to the newly formed Central Real Estate in early 2019.

86. Top Davidson County residential sales for March 2020 -

Top residential real estate sales, March 2020, for Davidson County, as compiled by Chandler Reports.

Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.

87. Shutdown? Restrictions barely dent area home sales -

Homes continue to sell during the COVID-19 pandemic, with 302 moving into the “under contract” category, Realtracs reports. That’s an increase of almost 20% compared to the 253 that went under contract the week before.

88. Sales begin to wane after mid-range buying binge -

For the four-week period beginning March 16 – the week before Mayor John Cooper’s Safer at Home order – residential sales in Davidson County increased each week. These sales topped out at 320 properties that went pending during the first full week after Gov. Bill Lee told Tennesseans to stay home.

89. Q1 home sales jump 9.1% compared to record 2019 -

First quarter sales in the Nashville area increased a whopping 9.1% compared to 2019, Greater Nashville Realtors sales data reveals.

Two things make that even more remarkable:

• 2019 was a record sales year for the area.

90. Shelter in new place: Home sales rise despite precautions -

As the Corona virus continues to spread across Davidson County, the number of pending home sales continue to rise.

For the week ending Monday, April 6, the week of Gov. Bill Lee’s executive order mandating that Tennesseans stay at home, 255 properties were placed under contract. That number compares to the 231 properties that went under contract the week following Mayor Cooper’s Safer at Home order.

91. Disruption? Home sales increase as virus spreads -

With the COVID-19 pandemic reaching across the country and state, and beginning to claim lives in Nashville – recognizable names and treasured residents – many are concerned about real estate values.

92. Please don’t put lives at risk just to sell another house -

Rick French, a veteran real estate agent with more than 40 years of experience, was a leader in demonstrating protocol at the advent of the COVID-19 epidemic, requiring booties, gloves and eyewear to be worn during showings of his listings.

93. Top Middle Tennessee residential sales for February 2020 -

Top residential real estate sales, February 2020, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

94. Another month of record sales as unknowns lurk -

The Greater Nashville Realtors released its sales data last week with the activity reported having occurred before the acceptance of the fact by most that the COVID-19 virus is among us.

With the virus lurking, but not front of mind, February sales increased 10% as of February 2019, with 2019 being a record-breaking year for area residential real estate sales.

95. $2M house finally sells after 3 deals fall through -

The number of COVID-19 cases is growing, and the stock market is shrinking. Of those considering home ownership, many have 20% less cash to invest than they had last month.

With more testing kits becoming available, the number of confirmed cases will grow, and the markets could decline further.

96. Just when you think the market is unstoppable ... -

The Nashville housing market has been afire for several years and is setting records already this year, leading many to worry if they would regret selling a Nashville property only to see it appreciate dramatically over the ensuing months and years.

97. Harnessing the alphabet to negotiate a better deal -

While the house located at 4016 Westlawn Avenue in the Sylvan Park area is loaded with the amenities, those amenities pale in comparison to the certifications and designations of the Realtor who listed it.

98. Top Middle Tennessee residential sales for January 2020 -

Top residential real estate sales, January 2020, for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.

99. The great home inspector conspiracy finally exposed -

The relationship between home inspectors and Realtors is one of the most misunderstood partnerships in the business world.

Many buyers seem to think both Realtors – buyer’s agent and listing agent – are hoping for a clean inspection and hire lenient inspectors in order to archieve that end.

100. Freon freeze is going to drive expensive HVAC decisions -

Home sales increased a staggering 15.7% in January compared to January 2019, sales data from the Greater Nashville Realtors reveal.

And newly crowned GNR president Kristy Hairston says the area can expect more of the same next month.