Housing market “normalize?

Dec 18, 2023

Real Estate

 

Welcome to the holiday season! Yes it's already here! Nashville is abuzz with so many wonderful experiences this time of year. Looking for some great ideas? Check out the links below. And in Real Estate; many people think that the market slows this time of the year. Honestly, that isn’t necessarily true. Certainly not for us! For various reasons; from investment tax purposes to utilizing the holiday season to complete a move, we have historically experienced an uptick between November and December! And thankfully our local Real Estate market has “normalized” from a lot of the ups & downs beginning back in May 2022. What does that mean? Prices have leveled-off and we’re finding “deals” out there for our buyer clients. Sellers are still making huge gains in equity from when they bought (just not 12 months later - that was an anomaly) So there is a greater balance of opportunity for both sellers & buyers. Buyers can once again negotiate for their dream home and sellers can still make large profits with all the people wanting to move to our lovely city Both of the articles below are great data-driven insights into understanding where we came from and where we are today. And as always we are here to help you interpret the data and position yourself strategically! We study the economics of Nashville Real Estate! Kyne Property Group is a long-standing trusted source for understanding the economics impacting our market. We are here to help bring clarity so you can make the right decision for you and your family. Reach out today to begin the conversation. We’re here as your Real Estate Economists of choice - for life! Tim Kyne & the KPG Team Kyne Property Group info@kynepropertygroup.com i n d u s t r y   i n s i g h t s TRENDING MARKET UPDATES  + LOCAL INFO PRICES ARE HIGH IN THE NASHVILLE HOUSING MARKET BUT SALES HAVE SLOWED IN 2023 In 2023, the Nashville housing market presents a paradox that has left both buyers and sellers scratching their heads. While the... | read more | LOCAL, NATIONAL EXPERTS TALK NASHVILLE HOUSING MARKET We're not seeing a decline in the median home sale price, so there's not... | read more | HOLIDAY HAPPENINGS Every year, we celebrate Thanksgiving, Hanukkah, Christmas, Kwanzaa, Ramadan, and more with numerous holiday events set throughout Nashville that... | read more | f e a t u r e d   p r o p e r t y EXPLORE THIS BEAUTIFUL NASHVILLE PROPERTY Incredible Modern Construction in West End 3 BEDROOMS | 3/1 BATHS | 3,585 SQFT | 3122B Belwood St, Nashville, TN 37203 Minutes from downtown! This architectural masterpiece features: elevator, rooftop deck - prepped for hot tub, sleek modern finishes, multiple balconies plus attached 2 car garage. This home makes for easy living & fabulous entertaining with great walkability to Centennial Park & West End restaurants/shops. Additional features; large foyer with bedroom on the first floor, great for guest suite or home gym, dedicated office space with private balcony. The second floor has open layout with two balconies, dining area, paneled kitchen appliances, fireplace and walk-in bulter's pantry with appliance garage and wet bar. The third floor offers a large primary suite with huge walk-in closet and third bedroom with ensuite bath. Huge rooftop deck with gas line for future outdoor kitchen. Fenced front yard with custom landscaping and irrigation. Unit A COMING SOON! Virtual Tour View Listing Here m a r k e t   s t a t s Call today - Our priority is making your dream home a reality!   get in touch