Heard Newman Team Heard Newman Team

Homebuyers Are Getting Used to the New Normal

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today’s mortgage rates and getting used to them as the new normal.

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Heard Newman Team Heard Newman Team

What’s Going on in the Spring Housing Market?

The winds are still shifting in the Nashville real estate market! According to recent data, the number of homes available for sale has increased by almost 50%, rising from 1,316 units in 2022 to 2,673 units as of now (still WAY below pre-pandemic levels). But even with the increase in inventory, pending homes sales in Davidson County are only down by 9% YOY. While there may be more homes available for sale, the demand from buyers is still strong! Buyers may need to act quickly and make competitive offers to secure the home they want. This is good news for sellers who are on the fence!

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Heard Newman Team Heard Newman Team

The 2022 End of Year Market Report is here!

The full 2022 real estate market report for Nashville is out! Our Green Hills market THRIVED in 2022 with homes selling quickly at prices more than 2x the Nashville average!

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Heard Newman Team Heard Newman Team

What Past Recessions Tell Us About the Housing Market

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead.

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Heard Newman Team Heard Newman Team

What Experts Are Saying About the 2023 Housing Market

If you're thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023?

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Heard Newman Team Heard Newman Team

3 Best Practices for Selling Your House This Year

A new year brings with it the opportunity for new experiences. If that resonates with you because you're considering making a move, you're likely juggling a mix of excitement over your next home and a sense of attachment to your current one.

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Heard Newman Team Heard Newman Team

Buyers have more negotiation power when buying a home today

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper-competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from other buyers

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Heard Newman Team Heard Newman Team

Top 3 Advantages of Buying a Home Today

There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates.

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