Blog

Thursday, 06 August 2015
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Greater Nashville Association of REALTORS Inc.
Middle Tennessee Home Sales
Stay Hot in July
 
NASHVILLE, Tenn. (August 6, 2015)  There were 3,832 home closings reported for the month of July, according to figures provided by the Greater Nashville Association of REALTORS®. This represents a 17.6 percent increase from the 3,258 closings reported for the same period last year. 

     Year-to-date closings for the Greater Nashville area are 21,038. That is an increase of 13.1 percent from the 18,594 closings reported through July 2014. 

     "The Greater Nashville area continues to reap the benefits of an active and healthy housing market," said GNAR President Cindy Stanton. "Last month we were a few units shy in the residential market alone of surpassing the total of units closed for all of July 2014." 
     A comparison of sales by category forJuly  is: 
 
July 2014
July 2015 
CLOSINGS
3,258
3,832
 Residential
 2,728
 3,224 
 Condominium
 352
 435 
 Multi-Family
 36
 23 
 Farm/Land/Lots
 142 
 150 
     There were 3,708 sales pending at the end of July, compared with 3,201 pending sales at this time last year. The average number of days on the market for a single-family home was 57 days.
 
     The median residential price for a single-family home during July was $234,900 and for a condominium it was $161,500. This compares with last year's median residential and condominium prices of $221,000 and $170,000, respectively.
 
     Inventory at the end of July was 13,728, down from 15,919 in July 2014. The current inventory of properties by category, compared to last year, is:
 
July 2014 
July 2015 
INVENTORY
15,919
13,728
  Residential
 10,407
 9,094
  Condominium
 1,141
 965
  Multi-Family
 156
 116
  Farm/Land/Lots
 4,215
 3,553
    "According to data from Realtor.com, Nashville has one of the lowest rates for days on market in the country," said Stanton. "That is in part due to the lower inventory of available properties, and part because we have such a high demand of buyers looking to make a move.
 
     "Today's Metro Nashville elections are critical for maintaining our healthy market. Managing Nashville's growth is a high priority with a direct impact on our housing industry. These new leaders will have a big responsibility in finding solutions on issues that affect current and future citizens, like transit and affordable housing."
 
     The Greater Nashville Association of REALTORS® is one of Middle Tennessee's largest professional trade associations and serves as the primary voice for Nashville-area property owners.  REALTOR® is a registered trademark that may be used only by real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict code of ethics.
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Posted on 08/06/2015 7:14 AM by Tiffany Olson
Thursday, 06 August 2015
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$249,977

* 3 bedroom, 2.5 bath on an acre, 2,205 square feet
* Some hardwoods, open floor plan with terrific natural light, fireplace
* Gourmet kitchen with island and stainless appliances
* Master suite with a separate shower and tub, double vanities, and a truly enormous closet
* Home features eat-in space in kitchen, formal dining room, and separate laundry room
* Breezeway to garage that will become everyone's favorite spot
* Rocking chair front porch and wood deck on back overlooking level yard
* Home is only seven years old - shows true pride of ownership

Offered by Post & Company Real Estate
Mike Post, Broker
http://www.postandcompany.com

http://www.showcasephotographers.com/sba/index.php?sbo=sh1508031
 

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Posted on 08/06/2015 7:12 AM by Tiffany Olson
Saturday, 01 August 2015
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3608 Sams Creek Rd, Pegram, TN

$289,977

* 2 bedroom, 2.5 bath, finished basement (could easily be 3-4 bedroom home)
* 3,170 square feet
* Peaceful and immaculate log home on nearly 2 acres
* Hardwoods, brand-new stainless appliances, open kitchen, soaring ceilings and stone fireplace
* Massive master suite and huge utility room
* NEW: HVAC (2012), gutters (2011), stain and [removed] (2014), water pump, doors and stairs, lower level bathroom (2014), refinished deck and new screens (2014), new lighting throughout ... >* Screened-in back deck and rocking chair front porch
* Finished basement that would make excellent in-law/teen suite or even rental option.
* Owners have spent $40-50K in last 5 years on home.
* Would be perfect for artist or musician buyer
* Convenient to Bellevue and Nashville
Offered by Post & Company Real Estate
Mike Post, Broker
http://www.postandcompany.com

http://www.showcasephotographers.com/sba/index.php?sbo=zh1507291
 

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Posted on 08/01/2015 7:15 AM by Tiffany Olson
Friday, 31 July 2015
Thursday, 30 July 2015
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Charlotte Park: Nashville's last frontier?

Bill Lewis, For The Tennessean 4:15 p.m. CDT July 30, 2015

 

As the Nations reach a plateau, developers are expanding west of Briley into the Charlotte Park-Croleywood area

"The new car' smell, a garage. It wasn't a hard sell," Chris Brickell said of the couple's newly built house on Maxon Avenue in the Croleywood-Charlotte Park area.

The quiet neighborhood has been discovered by builders and eager homebuyers attracted by its combination of affordability and a location along Interstate 40 about five minutes west of downtown.

Home builder Michael Kenner sees Charlotte Park as the next step in the line of neighborhoods that have redeveloped along I-40 and Charlotte Pike, including Sylvan Heights, Sylvan Park and the Nations. Those neighborhoods are filling up and becoming more expensive, so developers have made the leap to the area on the west side of Briley Parkway.

"It's the transition to the next neighborhood. It's starting to pop," said Kenner.

His company, MikeN Development (mikendevelopment.com), and partner HR Properties are preparing to build 102 condos and townhomes on James Avenue on the former site of an auto parts business.

People moving to Nashville want to live close to downtown and are happy to consider neighborhoods that have been previously overlooked, said Kelli Reeves, a Realtor for Exit Realty who sold the Brickells' house and the new home next door.

"People I talk to from New York and California are used to urban living and are not as shy as someone from Nashville," she said.

She expects Charlotte Park to be more affordable than the Nations next door. The Brickells' house listed for $259,900 and features an open floor plan, stainless appliances, granite counter tops, custom tile, a covered back porch and a garage.

"Croleywood and Charlotte Park are getting ready for the big boost because the Nations has reached a plateau," said Reeves.

Benchmark Realtor Graham Howell, who represented the Brickells, agreed.

Their house is similar to those being built in the Nations, but it's "$100,000 less and four minutes farther down the road," he said.

Charlotte Park is comfortably close to the bars and restaurants in the Nations and Sylvan Park, including Hattie B's Hot Chicken and M.L. Rose Craft Beer & Burgers on Charlotte Pike and the Stone Fox on 51st Avenue North, said Howell.

"Everything's starting to move west now," beyond Briley Parkway, he said. "It's like the last frontier, with proximity to downtown but somewhat affordable."

Longtime Croleywood-Charlotte Park area resident Ricky Miller said it's increasingly common for developers to tear down older homes and build two residences on the lot, which is allowed by the zoning. Under certain conditions, they can build four homes on a lot.

The neighborhood response has been mixed. Residents hope developers will build homes that add value to the area without pricing out people who have lived there for years.

"People don't want to be the Nations," said Miller.

"Change is coming. We know the density is coming," said Miller, president of a new neighborhood group. "We want to work with the developers."

Chris and Jamie Brickell expect to close on their new home this month. They are moving from a rented condo in the Wedgewood-Houston neighborhood near Eighth Avenue South. They moved from Atlanta two years ago and are first-time homebuyers.

"We want to live in what we hope will become the next East Nashville," said Chris Brickell.

They have high expectations for the Charlotte Park area.

"Right now it's not the sexiest part of town," he said, "but most likely it's a matter of time."

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Posted on 07/30/2015 1:47 PM by Tiffany Olson
Wednesday, 29 July 2015
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Fed: Prepare for likely interest rate hike in 6 weeks

Dear Americans,

A rate hike could be here in 6 weeks.

Janet Yellen and company.

That's the Federal Reserve's main message Wednesday. America's first interest rate hike in almost a decade could come on September 17 when the Fed holds its next meeting. It's being dubbed a "liftoff" moment, since interest rates are currently close to 0%.

The Fed has been clear for months that it will only raise interest rates when it believes the U.S. economy is strong enough. It looks especially closely at the health of the job market and inflation. In its statement Wednesday, the Fed sounded cautiously optimistic that America is back on track economically.

"The labor market continued to improve, with solid job gains and declining unemployment," the Fed statement said.

janet yellin time

Rate hike timing: But the Fed stopped short of giving a definitive date for when it will rate interest rates.

"The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market," the statement said.

That's not very clear. However, most experts believe the Fed will act in September. Fed Chair Janet Yellen has slightly changed her rhetoric in recent weeks to say that if the economy continues at its pace, a rate hike will be "appropriate" later this year. That's about as close as the Fed gets to saying that something will happen.

Major economic data -- including economic growth and job growth -- come out this week and next, which could firm or shake up the Fed's timetable.

What it means: Raising rates would be a big deal -- they have been at zero since the recession began in December 2008. If the Fed's committee starts liftoff in September, it would be a show of confidence in the health of the economy and the direction it's going.

On the other hand, investors are not thrilled about a rate hike. Some are concerned it will cause slow down stocks this year, which are already seeing meager progress overall. A rate hike could also hurt investors abroad in emerging markets, where Fed actions in the past have caused major sell offs in developing countries.

Yellen says the committee is on a "data dependent" approach. In English, that means they're not going to say exactly when they're doing something. But the countdown to September has begun, experts say.

"They're going to want to communicate to the market that every single meeting going forward is live for liftoff," says Michael Arone, chief investment strategist at State Street Global Advisors.

http://money.cnn.com/2015/07/29/investing/federal-reserve-july-meeting/index.html

CNNMoney (New York) July 29, 2015: 3:16 PM ET
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Posted on 07/29/2015 1:49 PM by Tiffany Olson
Friday, 24 July 2015
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Post & Company Real Estate's photo.

Make plans to join us TWO WEEKS FROM TOMORROW, Saturday, August 8th from 9am-12pm (or any time you are able to come.) It's trash pickup day for the Adopt A Highway Program on Franklin Road just south of Battery Lane. We will meet and park at Brentwood Hills Church Of Christ. Do it for the Donut Den donuts. Do it to be green. Do it to work on your tan. Do it to support a good cause. No matter what your reason, just DO IT! RSVP at mike@postandcompany.com

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Posted on 07/24/2015 11:08 AM by Tiffany Olson
Wednesday, 22 July 2015
Monday, 20 July 2015
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Dear friends:

When I started this company two years ago, I vowed to make it different than other real estate firms. No cheesy ads. No bus bench signs. No networking seminars to twist arms and recruit business. Just a real estate firm that put clients' needs first and allowed me to work with my friends. And it has been the best two years of my real estate career.

So as a thank you, we're having a party! More specifically, we are having the First Annual Client Appreciation... Picnic. This is my way of saying thank you for your support, your referrals, and your friendship. There will be no listing presentation or "do you know how much your house is worth?" gimmick. And no gold blazers!

It's just a chance for us to get together and for me to express my appreciation. Please come and if you have kiddos, please bring them! It's going to be a great time, and I'd love to see you there.

WHAT:
Post & Co.'s First Annual Client Appreciation Picnic

WHEN:
September 19th, 11am-3pm

WHERE:
Edwin Warner Park, Picnic Site #11

DETAILS:
The party will be catered by San Antonio Taco Company and will feature all-you-can-eat steak & chicken fajitas as well as plenty of queso and salsa and chips. We will have drinks and dessert, too. There will be a bouncy castle, face painting, and lots of games and treats for the kids.

DIRECTIONS:
Go west on Highway 100 (towards Bellevue). Turn left at Old Hickory Blvd. Turn right on Vaughn Road. Turn right into Edwin Warner Park entrance (past dog park). Follow signs to the back of the park to picnic shelter #11.

Anyone can come, not just clients - the more, the merrier! All I ask is please RSVP to tiffany@postandcompany.com with how many are coming by August 19th so we know how much food to order. Thank you for your friendship and support, and I hope to see you September 19th!

Best,

Mike

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Posted on 07/20/2015 11:11 AM by Tiffany Olson
Thursday, 16 July 2015
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http://postlets.com/r/1544-hamden-dr-nashville-tn-37211/14556971

$1,795/mo 3 Beds, 2.5 Baths

1544 Hamden Dr, Nashville, TN

Parking
Garage / 2 Spaces
Year Built
2006
Sq Footage
1620 sqft.
Lease Duration
1 Year
Deposit
$1,250
Furnished
No

 

Description

Open floor plan with hardwood floors on entire main level, 9 foot ceilings, two-story entrance, and plantation shutters throughout

So many upgrades here that most Oakhill homes don't have: granite counters, custom kitchen backsplash, master bedroom tray ceiling, built-in bookcases in living room, premium lighting and upgraded hardware throughout, ceramic tile, separate shower and whirpool tub and double vanities in master suite

Attached garage and 2-car concrete parking pad and...  plenty of guest parking directly across from townhome. Also, great deck off back of home (only one in Oakhill).

Washer, dryer, refrigerator, lawncare, and trash pick up all included

Just 9 miles to Belmont, 10 miles to Vanderbilt, and 10 miles to downtown

Please call Mike to schedule a showing or with any questions. 615.414.3270

Photo link: http://www.showcasephotographers.com/sba/index.php?sbo=gf1507012
  Show more

Lease Terms

No pets or smoking, please. Minimum 1 year lease. Discount given for longer lease

Will verify prospective tenant's previous rental history, current employment and credit.
Please call Mike to schedule a showing or with any questions. 615.414.3270

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Posted on 07/16/2015 11:40 AM by Tiffany Olson
Thursday, 09 July 2015
Wednesday, 08 July 2015
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Nashville Home Prices Hit Another Record
- Jul 7, 2015

The median home price in the Nashville area is at its highest level ever.

June was the fourth month in a row that the region hit a record median price - this time, it was $240,000, according to the Greater Nashville Association of Realtors.

Vanessa Chang has watched those prices march higher. She bought her home in Donelson earlier this year.

"I got a really good deal for it, but I know it's going up. My brother is trying to move here too, and he's trying to buy a house, and yes, the price is definitely going up."

And it's not just price that's spiking. The number of homes sold in June is the highest it's been since summer of 2006.

Below are visuals that help represent trends in Nashville's growth from 2004 to present.   

The number of home sales has been increasing over the past five years. Data provided by the Greater Nashville Association of Realtors.
The number of home sales has been increasing over the past five years. Data provided by the Greater Nashville Association of Realtors.
Credit Lily Williams / WPLN
The median home price has been increasing since 2004, and is significantly higher this year than last. Data provided by the Greater Nashville Association of Realtors.
The median home price has been increasing since 2004, and is significantly higher this year than last. Data provided by the Greater Nashville Association of Realtors.
Credit Lily Williams / WPLN

According to data provided as of June 6, these are the numbers of listings for Davidson County ZIP codes 32301 through 32321.

Different areas of the city have differing amounts of available inventory. Data provided by WelcomehomeTN.com.
Different areas of the city have differing amounts of available inventory. Data provided by WelcomehomeTN.com.
Credit Lily Williams / WPLN
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Posted on 07/08/2015 6:38 PM by Tiffany Olson
Tuesday, 30 June 2015
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Post & Company Real Estate's photo.
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Posted on 06/30/2015 9:36 AM by Tiffany
Saturday, 27 June 2015
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With each Post & Co. listing, sellers share specifics that highlight the home's charm and uniqueness. And we then create a customized "Home Movie" to showcase the home's story. THOSE details are often what prospective buyers want to know the most. This home, 2160 Timberwood Drive, is 3BR, 3.5BA with over 3500 sq. ft. on an acre for $750K in Forest Hills. Here is the "Home Movie" (make sure to click the HD tab and watch this in high definition.)

https://www.youtube.com/watch?v=HOPALs5C2TU

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Posted on 06/27/2015 9:47 AM by Tiffany Olson
Saturday, 27 June 2015
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$217,977 2 Beds, 2 Baths

1112 Park Run Dr, Franklin, TN

- Open plan with amazing view from master suite
- Upgraded master bath with separate shower and tub, double vanities, tile
- Walk-in closets in both bedrooms
- End unit upstairs so no one above
- Tandem 2-car garage and terrific storage
- Great community with club house, Olympic size pool, fitness center, and plenty of sidewalks
- Minutes to I-65, parks, shopping, dining and more.
Offered by Post & Company Real Estate
Mike Post, Broker
http://www.postandcompany.com

Photo Tour:
http://www.showcasephotographers.com/sba/index.php?sbo=ad1506233
  

http://postlets.com/s/1112-park-run-dr-franklin-tn-37067/14436113

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Posted on 06/27/2015 9:45 AM by Tiffany
Friday, 19 June 2015
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image 1
http://postlets.com/s/2160-timberwood-dr-nashville-tn-37215/14363144

$749,977

3 Beds , 3.5 Baths

Parking
Garage / 2 Spaces
Year Built
1959
Sq Footage
3564 sqft.
Lot Size
1.04 Acres
Floors
3

Description

* Old-world rustic charm with one-of-a-kind wood & stone exterior
* Reclaimed wide plank pine floors & Italian travertine
* Saltillo tile in kitchen with beautiful black mosaic granite counter tops, custom hand-painted pecan cabinetry, and one-of-a-kind copper range hood
* Vaulted ceiling in living room with cut-stone fireplace & wood mantel
* Hand-troweled plaster walls by a local famous artist
* Separate executive office/guest room off of garage with terrific light (could be 4th bedroom)
* Hand-carved wood throughout for both staircases with all pieces flown in from Arizona and Northern California
* Wonderful outdoor space for entertaining - outdoor flagstone patio and stone fireplace with grill
* Sequoia Tennis & Pool Club is only a five minute walk away
* Private corner acre lot - zoned for Percy Priest Elementary

Post & Company Real Estate
Mike Post, Broker
http://www.postandcompany.com

http://www.showcasephotographers.com/sba/index.php?sbo=ad1506174

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Posted on 06/19/2015 7:25 PM by Tiffany Olson
Wednesday, 17 June 2015
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http://postlets.com/s/3000-vanderbilt-pl-unit-214-nashville-tn-37212/14342554

$229,977

1 Bed , 1 Bath

Nashville, TN 37212

Parking
Garage / 1 Space
Year Built
2007
Sq Footage
704 sqft.
HOA/Maint
$238
Floors
1

Description

* 1 Bedroom, 1 bath, 704 square feet
* Hardwoods, all stainless appliances, 9 foot ceilings, granite and marble counters, tile bath
* Condo features balcony overlooking swimming pool and courtyard
* Walkable to Vanderbilt campus, Centennial Park, and midtown restaurants and shopping
* High end amenities: pool, fitness center, clubroom with complimentary gourmet coffee, onsite property management, outdoor fireplace and gas grills, underground secured and reserved parking spot
* All appliances including refrigerator, washer, and dryer included.
* Bristol West End sits across the street from Vanderbilt's campus - amazing location!
Offered by Post & Company Real Estate
Mike Post, Broker
http://www.postandcompany.com

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Posted on 06/17/2015 7:28 PM by Tiffany Olson
Saturday, 13 June 2015
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There's An Inground Pool Hidden In This Backyard, And It's Right In Front Of Your Eyes

 
By Lighter Side Staff  |  

Hidden pools are becoming a popular and entertaining trend in the swimming pool industry. We've seen a pool that turns into a stone patio, and another that turns into a much larger wooden patio. As cool as those are, we may have found one that may trump them both!

Gil Klar decided that he wanted all bases covered in a hidden swimming pool. He wanted it to be safer than just putting up fencing around a pool, keep out all debris, and hide seamlessly with his lawn. He not only accomplished all of his goals, but he built it himself for around $10,000. According to him, this is one quarter of what a contractor would have charged. Now this is a Summer DIY for the record books!

 
Via Gil Klar
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Posted on 06/13/2015 11:18 AM by Tiffany Olson
Friday, 12 June 2015
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The big bang: Nashville to host America's largest July 4th fireworks display

 

Nashville is really blowing up.

And we're not just talking about all the construction cranes - the city's annual Fourth of July fireworks display will be the largest in the country, according to a news release from the Nashville Convention & Visitors Corp.

"The event garners more and more international media attention each year and is now a massive, multi-day celebration where thousands travel to enjoy free music and the best fireworks in the country," Butch Spyridon, president and CEO of the NCVC, said in a news release. "July 4 th falls on a Saturday this year, giving us the chance to leverage our past success and create maximum return for the city. With the U.S. men's soccer match on Friday, two days of great performances, family activities and the largest fireworks show in the country, we estimate it to be a huge weekend for Nashville."

This year's fireworks - synchronized to live music from the Nashville Symphony - will be preceded by performances from Mikky Ekko and headliner Martina McBride.

Last year's event drew a record crowd of 280,000 people.

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Posted on 06/12/2015 7:09 PM by Tiffany Olson
Friday, 12 June 2015
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Work may begin in fall on Lodge at Fontanel

Jaime Dudney, Barbara Mandrell's daughter, gives a tour of Fontanel.

 
94 8 2 LINKEDINCOMMENTMORE

Pre-construction work should start in the fall on The Lodge at Fontanel, a Holiday Inn resort, which will bring 150 rooms and a conference facility/events center to the former estate of country music singer Barbara Mandrell.

Fontanel Attractions LLC is seeking the Metro Planning Commission's approval of its final site plan for the up to $30 million resort, which will sit among the hills near Fontanel Mansion in Whites Creek. Under the plan, the Mansion will be transformed into the lobby for the resort along with a bar/restaurant, banquet and meeting space and one large luxury suite.

"There's a lot of excitement being generated about this project in Nashville, and we feel confident that we'll be moving forward," said CEO Bob Ekman of MORE American Hospitality, the management company that oversees development and operations of the Fontanel property.

In fall 2013, music industry veterans Dale Morris and Marc Oswald, owners of the 137-acre Fontanel property, announced plans for what then was expected to be a 140-room resort with eight lodges wrapped around the Fontanel Mansion. Construction didn't start last year as planned, but now Ekman said the plan is to start building in the first quarter of 2016, with the resort to open a year later.

The 150 rooms at the InterContinental Hotel Group-branded resort would be spread across six buildings. Pet-friendly and children-friendly rooms are among the variety of room types planned. The conference center is expected to have a capacity for up to 350 people.

In addition to the Fontanel Mansion used for tours that highlight Barbara Mandrell's country music career, the 137-acre property includes a restaurant and bistro, The Inn at Fontanel, and Prichard's Distillery.

EDGE, a planning, landscape architecture and development consulting firm, is listed as the applicant in Fontanel Attractions' filing that seeks approval of its final site plan.

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Posted on 06/12/2015 7:02 PM by Tiffany Olson
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