News

January 2019

Finally.  The Greater Nashville Tennessee market appears to cooling off...for now.  2018 yielded a sales volume decrease of 2.4% with the median appreciation rate for single family homes just under 4.8%.  That is down from the whopper of the year 2017 that carried an almost 10% appreciation rate.  While softening may not be considered good for those listing agents out there, it really does lend to better overall market health and balance between buyers and sellers.  Of course, for all you investors out there that have been waiting and watching, your time may be on the...

December 2018

The president of Greater Nashville Realtors agrees that there is a segment (perhaps a large one) of real estate demand that is relocating to our area that intend to rent immediately upon arrival.  Being entrenched in the leasing and property management industry for almost 15 years now, we at Omni, Realtors and Property Management LLC understand this concept very well.  Buying time to determine what part of town you want to be in, saving for a downpayment, or even considering building new are all very good reasons to take this approach.  Of course there are several...

November 2018

Greater Nashville saw a 1.6% decrease in sales volume from October last year.  This might be seen as a welcome sign for home buyers that have been on the sidelines due to quickly increasing prices and short supply, which lends directly to enhanced competition.  We still realized a 6.74% annual appreciation rate fro single family homes, though, which isn't shabby.  To see full stats. as reported by Greater Nashville Realtors, click here.

October 2018

As we have been reporting for some time now, Nashville, TN is very high on the list of the Nation's top markets in terms of real estate investment.  PriceWaterhouseCoopers' popular study has moved Nashville from 9th to 5th place.  "Affordability, employment growth, population growth, and employment stability" are all factors cited for the ranking.  This is the 4th consecutove year to be in the top 10, so consistency is the primary theme here.  To read the article in the Tennessean and see the full list of ranked cities, click ...

September 2018

The time has come.  After many years, the Greater Nashville Area is experiencing an abrupt slowdown and prolonged time on market for single family rental homes.  Omni Realty Nashville has been experiencing an incremental shift, and testament to this issue is the overal quality of the applicant pool.  While there is still signifcant interest in our available properties, we have seen numerous applications that we, unfortunately, have had to deny at an alarming rate.  There also seems to be a strong supply "creep", as evidenced by the blob of available properties that...