News

June 2019

We reported the last record break in April for Nashville, TN sales volume, and May 2019 shattered the all-time high volume record of June 2018, which was up a whopping 10% over last year.  Year-over-year appreciation posted 6%, a phenomenal number.  Check out an awesome inforgraphic on activity here; and please let us know if you would like to discuss buying, selling, or leasing...

May 2019

An Omni Realtors and Property Management hotspot for real estate investing and management is East Nashville.  This part of town has seen tremendous growth and improvement over the last decade, and affordability remains relatively in tact.  Albeit, "East Nashville" is quite a large area, with many "districts" that vary widely in terms of housing type, quality, access to services, shopping, etc.  The first major growth area was "Five Points"...

April 2019 

Sales volume for April was up 1.8% from 2018.  Even with an increase in sales, inventory is up as well; improving overall market health and sustainability.  Nashville, TN continues its growth based on quality of life, a robust economy, and tourism.  See more stats from Greater Nashville Realtors here.

March 2019

As a follow-up and piggyback to last month's article where 2018 rents flattened for the most part, a new report provides a contrarian outlook for what we may expect this year in the world of property renting and investing.  This report is based on sales prices.  Much of the country technically has a shortage of "affordable" options and home buying is simply out of reach for a large segment of the population.  According to ATTOM Data Solutions' "Home Affordability Report", "the US median home price in the fourth quarter 2018 was at the least affordable level since Q3 2008...

February 2019

Biggerpockets.com is an excellent resource for all things real estate investing.  As part of Omni Realty Nashville's commitment to our clients, we stay abreast of market statistics and trends so we can plan accordingly and remain proactive instead of reactive.  In reviewing some of these trends for last year regarding rental rates, the outcome was mixed but definitely yielded a slow-down in rent escalations.  Nationally, the average rent for a 2 bedroom apartment remained relatively flat.  Rents did increase in 29 states over the year, but by only within 2%.  Rents...