News

With the new NAR settlement and all of the miscommunication around it, it’s no wonder that buyers are confused. We, as an industry, must do all we can to help educate the general public. Unfortunately, the unintended consequence of the ruling is that buyers now don’t know whether they should enlist a buyer’s agent when searching for a home.

NASHVILLE, Tenn. (Oct. 7, 2024) – Data for the month of September showed 2,810 home closings, according to figures provided by Greater Nashville REALTORS®. This figure indicates a 0.1 percent increase from the 2,807 closings reported for the same period last year.

If you’ve been on the fence about purchasing a home, now might be the perfect time to take the leap. At Greater Nashville Realtors, we regularly monitor the health of the housing market, and our monthly home sales report provides insight into key metrics like median sales prices, number of closings, and perhaps most importantly, the “months’ supply of inventory,” also known as the absorption rate.

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.