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Stephen Strickhausen

The housing market...It's all in your head. Ask my investor

As we wake up on a daily basis and turn on the telly, all we see are signs of a terrible economy and in turn a terrible housing market. I am a Realtor in Nashville TN and I don't know what you are talking about...

Nashville House Flipping

Sure, I have seen a slowing market here. I have had my share of picky buyers (because they had their choice of 1000's of homes at THEIR asking price), I have had my share of slowing business, and I have been directly affected by all this mess. On the "flip" side of things, if you were to meet my investor Mark then he would tell you that he could care less what the tv is saying.

There was a time not too long ago that you couldn't turn on the tv without seeing a "Flip this House" show. Everywhere you turned there was some company showing how they buy and sell homes quickly for a massive profit. Where are those shows today? Well, come to Nashville and follow my investor around for a couple months. To this day he has never made less than $22,000 on a "flip". That includes the last 2 years of what everyone else will call a "housing slump". Remember that in order for him to make any money, HE MUST SELL. That 4 letter word haunts Realtors across the nation.

Is this some sort of magic trick? If you asked him he would tell you "It's all in your head".

Franklin homes for sale

Stephen Strickhausen

KELLER WILLIAMS REALTY

9175 Carothers Pky Suite 110

615-778-1818

Sstrickhausen@gmail.com

Disclaimer:
Franklin Homes for Sale, Nashville homes for Sale, Property in Brentwood TN, Franklin TN Real Estate, Franklin TN Realtor, Franklin MLS search, Nashville MLS search, Green Hills TN Properties for sale, Spring Hill TN Homes for sale, Belle Meade, Middle Tennessee, Music City, Stephen Strickhausen, and Keller Williams do not necessarily reflect any of the views or beliefs held by Active Rain or it’s employees.

Dennis Lockhart Speaks at the Nashville Rotary club on Monday

Dennis Lockhart (Top U.S. Federal Reserve Bank Official) spoke to the Nashville Rotary Club on Monday stating that we will soon emerge from our recession. His speech was a mixed bag of the current negative condition we are in with the hopeful and somewhat confident recovery.

A part of the "somewhat confident recovery" was indication that the interest rates were not going anywhere soon. "Certainly we have low interest rates today" and "I would expect that to continue for some time" Lockhart said at speech held before the Rotary Club of Nashville. He acknowledged that there are many stimulus packages in place and that there was no reason to take those away at the moment. He added that "the economy is stabilizing and recovery will begin in the second half ". He also suggested that the Fed has more tricks up its sleeve in order to give the economy a boost and that they will be unleashed whenever the time is appropriate.

What does this mean for the Nashville housing market?

#1 Interest rates should remain low. This should continue to encourage buying and leveling out the housing market a little more. Dennis Lockhart

#2 Housing prices should remain steady. Sure we may see a few more drops here and there but all in all we should see home prices stay and in the future see some incline.

#3 We MAY see another stimulus like we have with the $8,000 tax credit. I wouldn't hold my breath on anything spectacular but you never know what's to come. For those of us that may be waiting on the "next big thing" it may be like waiting at a Roulette table in Vegas.... Sure, it's been landing on Red pretty consistently but I wouldn't wait until the next turn and throw all my money on black.

With housing prices starting to level out, the next few months may just be the right timing to get the best deals and incredibly low interest rates. November 30th is the golden ticket. First time home buyers must close by then to see the $8,000 tax credit.

Franklin homes for sale

Stephen Strickhausen

KELLER WILLIAMS REALTY

9175 CAROTHERS PKY SUITE 110

615-778-1818

SStrickhausen@gmail.com

Disclaimer:
Franklin Homes for Sale, Nashville homes for Sale, Property in Brentwood TN, Franklin TN Real Estate, Franklin TN Realtor, Franklin MLS search, Nashville MLS search, Green Hills TN Properties for sale, Spring Hill TN Homes for sale, Belle Meade, Middle Tennessee, Music City, Stephen Strickhausen, and Keller Williams do not necessarily reflect any of the views or beliefs held by Active Rain or it’s employees.

Top Food Network Chefs heading to Nashville

If you think you are up for the challenge, the Food Network is looking for America's best "slow cooker". The network along with top chefs such as Pat and Gina Neely, Alton Brown, Bobbie and Jamie Deen, and more will be at hand including food demonstrations from Gaylord Opryland's top chefs. the Neelys

The dates of this event will be July 31st- August 2nd. Tickets are available for a variety of packages and vary in price. Rooms are still available so book now.

Another great reason to go is that a portion of the proceeds from the wine tasting will go to benefit "Women Rock for the Cure" which is a non-profit organization that is committed to helping fight breast cancer.

COME OUT AND SUPPORT YOUR LOCAL NASHVILLE!

For more information go to www.gaylordhotels.com

franklin homes for sale

Stephen Strickhausen

KELLER WILLIAMS REALTY

9175 Carotehrs Pky Suite 110

615-778-1818

Sstrickhausen@gmail.com

Disclaimer:
Franklin Homes for Sale, Nashville homes for Sale, Property in Brentwood TN, Franklin TN Real Estate, Franklin TN Realtor, Franklin MLS search, Nashville MLS search, Green Hills TN Properties for sale, Spring Hill TN Homes for sale, Belle Meade, Middle Tennessee, Music City, Stephen Strickhausen, and Keller Williams do not necessarily reflect any of the views or beliefs held by Active Rain or it’s employees.

Message in a bottle

Like a lot of Realtors throughout the U.S. I actually LOVE Real Estate. I love almost everything about it. I love looking at homes, hearing stories about unique homes, renovating homes, you name it!

Over the 4th of July I had the opportunity to travel to Maine with some friends. I had actually never been before and the thought of seeing new places excites me more than anything. What makes this even more exciting was that the home we stayed in was RIGHT ON THE BEACH! This was the picture perfect weekend with fog rolling onto the coast, below normal 4th of July temps, several lighthouses within view of the back porch, and a small town with an ice cream shop within walking distance....PERFECT.

This house was such a perfect setting and I was not the first one to think that. This house was THE house where the movie "Message in a Bottle" was filmed. It was the same house that Kevin Costner, Robin Wright Penn, and the late Paul Newman had spent weeks in. The house was perfect for a vacation...very rural. For the first time ever on vacation I had no cell phone service (Thanks to Sprint), no internet, and no tv. Waking up in the morning and drinking coffee on the back porch and watching the waves come in was all the entertainment I needed.

Now, to give a brief history of the house (from an investor/Real Estate perspective). Before the home was purchased by the current owner there was another row of homes right in front. These homes at the time had all the views of the ocean...until a Hurricane came through and destroyed the first row, leaving the second row of homes with unobstructed views of the ocean. This is the way it remains today. The house was purchased in the 1960's by the current owner for a whopping $5,000!! It has NEVER been rented out and is worth closer to $1,000,000 in the current market! What an investment!

Maine

Nashville MLS search

Stephen Strickhausen

Keller Williams Realty

9175 Carothers Pky Suite 110

615-778-1818

Sstrickhausen@gmail.com

Disclaimer:
Franklin Homes for Sale, Nashville homes for Sale, Property in Brentwood TN, Franklin TN Real Estate, Franklin TN Realtor, Franklin MLS search, Nashville MLS search, Green Hills TN Properties for sale, Spring Hill TN Homes for sale, Belle Meade, Middle Tennessee, Music City, Stephen Strickhausen, and Keller Williams do not necessarily reflect any of the views or beliefs held by Active Rain or it’s employees.

Nashville home prices remain fairly steady

According to the sales data released by the Great Nashville Association of Realtors the median price of a single-family home only dropped 3.2% last month. That is compared to a year ago when the market had already taken its affect on Real Estate. Home sales are also still dropping but not as sharply as they have been in months past. Last month the decline was around 19.3%.

I know that this is still a drop in sales and prices BUT that is a soft drop and points to positive things to come. Williamson and Maury County are showing to beFamily the strongest counties in middle TN. Maury County only had an average price drop at around 1.9% in the first half of the year! Williamson County was just behind at 2.7%!

The END is near and it is still a great time to buy a home here in Nashville. Don't continue to wait for rates and prices to drop. Some of us have already missed the bottom of the rates but sales prices are soon going to be steady and slowly on the rise.

Nashville MLS search

Stephen Strickhausen

Keller Williams Realty

9175 Carothers Pky Suite 110

615-778-1818

Sstrickhausen@gmail.com