Desperately Seeking Nashville Sellers

Dated: 03/31/2013

Views: 1710

by T.J. Anderson

Last week, I posted the following on our Facebook page:

T.J. Anderson

And, for real, home inventory in Nashville is very low right now. But demand is sky high. I've been a little puzzled about why so many people are holding onto their houses when the selling opportunities are so terrific, especially following years of grim selling prospects. But a new article on MSN Money offers some insight on this national trend, calling it a "strange moment in real estate history."

"Housing is aflame in much of the country, with buyers climbing all over each other in some markets to get at the few homes listed for sale," writes reporter Marilyn Lewis. "It's a seller's market, with multiple offers and even double-digit price growth in some cities. So, where are all the sellers? ... Stuck in their homes, dying to put the place on the market but unable to figure out where to live when it sells."

Four more reasons listed for the home shortage:

  • Investors who've scooped up foreclosures to turn them into rentals.
  • A devastated home construction industry that's been slow to ramp back up after the recession.
  • Owners who can't afford to sell because they owe more than their properties are worth.
  • Caution after the recession.

At Keller Williams, we're actively looking for great homes in East Nashville and Inglewood (37206 and 37216), Hillsboro Village (37212), 12 South (37204), and Oak Hill (37220) to show all the interested buyers we have. If you've been on the fence about putting your home on the market, call or email us. We need your help. If you have a home to sell, or know someone who does, please drop us a line!

Blog author image

TJ Anderson

TJ Anderson is a Nashville Realtor with Benchmark Realty who's helped countless clients both buy a home and sell a home in Nashville, Tennessee. He blogs about Nashville regularly, from Nashville-area....

Latest Blog Posts

The 2018 Installment Of The Nashville Symphony Free Day Of Music Is Coming Up

by TJ AndersonWith a lot of Nashvillians, there’s still a bit of a disconnect, where the Nashville Symphony is seen as something geared only toward folks who were reared on classical music and in

Read More

Dashwood Vintage And Flora Is A New Nashville Favorite For Vintage Furniture And Home Decor

by TJ AndersonI’m forever on the lookout for places to buy vintage furniture in Nashville. I’m also forever on the lookout for places to buy unique, handmade home decor.So, when Dashwood&

Read More

Celebrate Pups And Pints At Richland Park In Nashville

by TJ AndersonThis month we marked two years since we brought home our rescue pup, Lucy Palmer. In October, I celebrate our rescue dog; all months, I celebrate pet rescue in general.If you’re

Read More

First Nashville Design Week Event Coming In November 2018

by TJ AndersonHome design is my particular passion, but I’m inspired by all kinds of visual art forms, from mural-making to graphic design. And in a creatively focused city like Nashville,

Read More