When we predicted the Nashville area market to be on the upswing in 2013, even we didn’t imagine just how hot it would get. As homes are selling quickly in multiple offer situations, sometimes before they even hit the MLS, we are left in a supply and demand situation we have not seen in years. We need more houses for the amount of buyers out there!
I write this as we just accepted another offer on one of our listings before it even hit the market, and at a huge appreciation rate from three years ago when they purchased. And we have backup interest in it. We have agents contacting us almost daily asking if we have pocket listings meeting their buyers’ criteria. Current homeowners who are even toying with the idea of selling, we need your help to fulfill our buyers’ housing needs!
Just ONE of the many examples is East Nashville’s Lockeland Springs neighborhood, where I was doing a search earlier for clients. In this neighborhood, there are currently 23 listed homes, and 12 (over HALF!!) are under contract. So there are only 11 homes available in ALL of Lockeland Springs. Incredible.
Sellers living in Nowville who are on the fence.. NOW is the time.