News

Real estate professionals are discussing NAR's buyer-broker pay resolution. Brokers and agents face major residential real estate settlement changes. Businesspeople in the community should be educated to understand the settlement regarding residential and commercial transactions.

NASHVILLE, Tenn. (Oct. 2, 2024) – Greater Nashville REALTORS® is excited to introduce a continuing series of National Association of REALTORS® consumer resources designed to help agents who are REALTORS® empower home buyers and sellers following recent practice changes. To date, NAR has published [eight (as of Oct. 2)] installments in the series and will continue to release new resources in the weeks ahead.

For nearly three decades, Greater Nashville REALTORS® has been proud to sponsor the construction of a Habitat for Humanity home each year for a deserving family in Middle Tennessee. This partnership, now spanning 27 years, is one of the longest-standing relationships with Habitat for Humanity in the region

Did you know that Nashville was once a leader in transportation in the United States? In 1889, Nashville was the second city in America to have electric street cars (behind Boston, MA). In 1891, an article was published stating that Nashville "solved the rapid transit problem". Even up to 1950, we remained leaders in transportation being the first city to implement dedicated bus lanes. So, how did we become the number one city in America today for the worst commute, as named by Forbes Magazine?

Becoming a homeowner is one of life’s most significant milestones, offering far more than just a place to live. It provides a level of stability and security that renting often can't match. When you purchase a home with a fixed-rate mortgage, your monthly payment remains steady, shielding you from the unpredictable rent hikes that tenants frequently face.

Someone, please let me off this rollercoaster ride! That’s how many people feel right now. Life is coming at everyone fast from every angle as life seems to be full of so much change, twists, and turns, but with every change comes progress in some form or fashion.

As we look at the real estate market in Greater Nashville and across the country, there are several promising signs for both buyers and sellers. While August saw a slight decline in home sales compared to the same period last year, the market is showing signs of promise, driven by a favorable shift in mortgage rates and an increase in inventory.

With the constantly changing landscape of real estate, working with a Realtor is more important than ever. As you may have heard, new laws went into effect in August, which brings in new questions, and oftentimes, uncertainty. As Realtors, we are here to help our clients navigate the changes and remove uncertainty as we guide them through each step of buying or selling. We have been learning about the legal and ethical impact of these changes for months, ensuring we are ready to inform and protect our clients.