High Demand for Housing in Nashville

Pauline Charlton Real Estate Leave a Comment

Housing prices are climbing as inventory diminishes. Over the last few years the influx of new people has increased the demand for housing inNashville. Traffic has increased and now housing prices.

These days, the norm is this: a desirable listing goes on the market in the morning and viola by evening, there are multiple offers and disappointed buyers. Here is what’s happening.

Buyers have to be prepared to pay more for the house they like  and they must be able to pay for everything as the sellers are picking the offers that give them the highest net so they avoid helping with title costs, or closing costs.

Buyers, be ready to pay more than the asking price for the house you really like. Last year, I helped a client place an offer for a house that listed for $180,000. My client lost the bid due to a bidding war. I found the mls report for the house in my car a few days ago and I decided to check because surely it was now closed. Well it sold for 200,000!!

Sellers,  leave no stone unturned in preparing your  home for the market. The better the presentation, the sooner it will be snatched up.



About the Author
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Pauline Charlton

Pauline has been a Realtor since 2004. She loves helping her clients to find the homes that meet their needs. Having lived in the area since 1986, she has intimate knowledge of her service area. The best interests of her clients motivate her to negotiate the best deal for them. Her goal is to meet and exceed your expectations.