Consider yourself invited! What could be better than a weekend full of open houses, encouraging people to tour homes and learn more about the benefits of home ownership? That’s the promise of the 2012 REALTOR® Nationwide Open House Weekend, Saturday and Sunday April 28-29, in which REALTORS® and real estate associations across the country will hold thousands of open houses in their local communities.
The Lipman Group Sotheby’s International Realty agents will hold numerous open houses throughout the Nashville area in conjunction with hundreds of agents citywide. With housing affordability at record highs, real estate professionals are hoping this year’s event will be a big jump-start to the spring market, in which we are already seeing a significant increase.
Nearly half of home buyers visit open houses during their home search, according to the 2011 Profile of Home Buyers and Sellers survey conducted by the National Association of REALTORS®. Open houses give buyers a stress-free way to visit homes for sale in different neighborhoods where they might want to live. With prices at their most affordable, buyers may now be able to find their dream home at their price! Whether actively searching or just contemplating if homeownership is right, this is a great, low-pressure opportunity to get out and view the quality and affordability of homes in Nashville. For sellers, the weekend provides a high-visibility effort to promote traffic and drive home sales.
Back by popular demand, this fourth annual special event is presented by the National Association of REALTORS®, Greater Nashville Association of REALTORS®, and their colleagues.
Sotheby’s International Realty Affiliates LLC today announced that it grew the office count within its global network by more than 7 percent in 2011, ending the year with more than 600 offices and nearly 12,000 sales associates located in 45 countries and territories worldwide. The Sotheby’s International Realty® network also reported a 24 percent year-over-year increase in U.S. transaction sides closed by its affiliated brokers and agents in 2011.
The Sotheby’s International Realty brand also acquired the license from the Sotheby’s Auction House last year to develop the brand in Australia, the only region where it did not previously hold the rights.
“Our growth in the last year demonstrates the value real estate professionals are placing on the services we offer and the power of the Sotheby’s International Realty name and its reputation for excellence,” said Michael R. Good, chief executive officer, Sotheby’s International Realty Affiliates LLC. “One of our goals for last year was to continue to expand our network in key luxury markets worldwide, and we have achieved that with the addition of 12 new companies worldwide and the acquisition of the licensing rights for Australia, which allows us to now move forward with gaining representation in a critical international market.”
“Our U.S. network also increased the total number of closed transactions by 24 percent from the prior year, which is a testament to our commitment to grow into new markets and the powerful combination of their local expertise and the support of our global brand,” added Good. “In 2012 we will work to expand our global footprint even more, with growth in Asia our first priority. To that extent, the brand has three new management positions that will be based in Asia for which it is seeking candidates. Those executives will be responsible for accelerating the Sotheby’s International Realty brand’s development throughout Asia and for supporting its network of affiliates. We are committed to creating a significant servicing hub in Hong Kong to further support our growth in the region and to continue servicing the needs of our growing network of companies there.”
On the marketing front, the Sotheby’s International Realty brand introduced an iPad app to enhance your search for a home by offering luxury homes for sale, for rent and recent home sale prices, and it also provides the ability to hone your property search based on local points of interest and lifestyle.
iPad app features include:
• Unique views into property details
• Amazing photos of some of the world’s most distinctive homes
• Almost 40 points of interest based on the property location
• One -click-contact to a Sotheby’s International Realty broker or agent
• The ability to save home search information for future use
• A dynamic map feature displaying all available homes for sale or rent based on a user’s location or interested city/neighborhood
The Sotheby’s International Realty iPad app is an extensive house hunting and powerful property search tool. Find out everything about a home that strikes your fancy from the year it was built to the yearly tax rates, and much more.
STATELY adjective – 1. majestic; imposing in magnificence, elegance, etc.: a stately home. – 2. dignified.
The three bedroom, three and a half bath home on Golf Club Lane in Gloucester Square exudes elegance from the minute you open the front door. You are greeted in the foyer by a formal living and dining room on your right and left. Stairs rise in front of you to a second floor. Gilded accents adorn the home subtly and add to the luxury that you feel.
As you move through the main level the kitchen proudly displays stainless steel appliances and granite countertops. Nearby are a powder bath, a paneled family room with built-ins and a magnificent butler’s pantry/bar. The home is the perfect home for everyday living, as well as entertaining. The layout easily flows from room to room.
From the family room French doors lead to a patio. Part of the patio is open while the other side is behind a partial privacy wall. An intimate dinner or a garden party could easily be hosted in these
All three bedrooms are on the second floor, including a spacious master suite. His and her walk-in closets, master bath with split vanities, as well as separate tub and shower. It is an absolute oasis for the home owner.
Luxury, elegance and more are what you find in this all brick home. It is a must see. It feels a bit like a dream come true from the moment you set eyes on it.
Three bedrooms, three full baths and one half bath.
Offered at $595,000.
2114 Golf Club Lane
Nashville, TN 37215
For more information on this Nashville home for sale, please contact:
The Lipman Group Sotheby’s International Realty
More consumers may be looking to purchase homes with a shift in several key housing market indicators, according to Fannie Mae’s March 2012 consumer attitudinal National Housing Survey. More Americans now expect both home rental and home purchase prices to increase over the next year. Nearly half of consumers expect higher rental prices, the highest number recorded since monthly tracking began in June 2010. Thirty-three percent expect home prices to increase, up 5 percentage points since last month, and the highest percentage recorded in over a year. In addition, confidence in consumers’ views of their own finances is stabilizing—for three straight months—44 percent believe their personal finances will get better over the next year. These trends may be providing Americans with an increased sense of urgency to buy a home as 73 percent of Americans now believe it is a good time to buy a home, up from seventy percent in February.
“Conditions are coming together to encourage people to want to buy homes,” says Doug Duncan, vice president and chief economist of Fannie Mae. “Americans’ rental price expectations for the next year continue to rise, reaching their record high level for our survey this month. With an increasing share of consumers expecting higher mortgage rates and home prices over the next 12 months, some may feel that renting is becoming more costly and that homeownership is a more compelling housing choice.”
Homeownership and Renting
• Thirty-three percent of respondents expect home prices to increase over the next 12 months, a five percentage point increase from last month, the highest level over the past 12 months.
• The survey shows that on average, Americans expect home prices to increase by 0.9 percent over the next 12 months (up slightly since last month).
• Additionally, 39 percent of Americans say that mortgage rates will go up in the next 12 months, a five percentage point increase from last month.
• The percentage of respondents who say it is a good time to buy rose by three points to 73 percent, the highest level in over a year, while the percentage of respondents who say it is a good time to sell rose one point to 14 percent this month.
• On average, respondents expect home rental prices to increase by 4.1 percent over the next 12 months, a significant increase since February, and the highest number recorded to date.
• Forty-eight percent of respondents think that home rental prices will go up, a three percentage point increase from last month and the highest number recorded to date.
• Sixty-six percent of respondents say they would buy their next home if they were going to move, up one point since last month, while thirty percent say they would rent, up one point versus last month.
The Economy and Household Finances
• The rise in confidence in the economy’s direction leveled this month, with 35 percent responding that they think the economy is on the right track, consistent with February’s total. The percentage who say the economy is on the wrong track rose slightly from 57 percent to 58 percent.
• Only 12 percent think that their personal financial situation will worsen in the next 12 months, consistent with February as the lowest value in over a year, and tied with January 2011 for the lowest to date.
• Twenty-one percent of respondents say their income is significantly higher than it was 12 months ago, up 1 point versus February, while 63 percent say it has stayed the same – consistent with February’s values
• Thirty-four percent say their expenses have increased significantly over the past 12 months (a slight increase of one percentage point).
For more information, visit www.fanniemae.com.
Many of us dream about the walk-in closet with built-in storage to maximize our wardrobe potential and keep us neatly organized. Now that we have done our spring cleaning and purged what we could, let’s organize what remains (which always still seems like way too much) for maximum efficiency and good looks.
Options for designing a closet are now nearly as wide as your choices for furnishing your house. It used to be that all a closet got were poles, hooks and shelves. Today, a closet’s custom mill work and visual finishes are as sophisticated as any high-end kitchen, bath or even retail store.
Closet designs begin with your basic “pole and shelf” setup: a single pole with a fixed shelf above it. Then it’s up to you to customize the closet interior.
The next upgrade includes multiple poles and shelves of varying lengths and heights to accommodate different types of garments. Typically, the vertical partitions holding up the poles are used as the sides for adjustable closet shelving. The components can be shop-built and painted on-site or, for a more durable (and expensive) finish, surfaced with melamine or laminate.
The third option is Oprah-style luxury. Think shop-built, prefinished wood: essentially furniture that is designed and dimensioned to fit your closet interior precisely. Custom-made dresser drawers, shoe cubbies, shelving, jewelry drawers and partitions give you the maximum amount of storage and cost the most money.
Below are some fabulous closets in homes for sale in Nashville.
Zillow Blog recently featured an article How Outdoor Space Can Help Sell Your Home and we agree that when considering a new property, nearly every home buyer considers the outdoors in some way as a requirement for a property they’re considering.
If the buyer is looking for a home in the suburbs, they want to know about the size of the lot, access to the yard, whether or not there’s a pool, or the location of the lot in relation to the neighborhood.
Some buyers love properties on corner lots; others, not so much. In more urban areas, buyers want to know if a property has any outdoor space at all and, if not, where is the nearest park?
Don’t let this spectacular season go to waste. Below we have pulled together great resources to make the most of your patio or porch and turn it into the new living room.
The Gulch is the first LEED certified neighborhood in the South. The community is an upscale urban development with condominiums, fine dining, office space and retail space. The Terrazzo is centrally located in this spectacular neighborhood and embodies the vision of the community.
This corner location city home in the Terrazzo is on the seventh floor (# 713) and is a two bedroom, two bath condominium currently listed by The Lipman Group and Sotheby’s International Realty. It is spectacular….the views from the floor-to-ceiling windows will leave you breathless. The open living room, dining space and kitchen allow for unobstructed views of the city lights.
The kitchen is modern and sleek in design. The mocha cabinets are appointed with white granite countertops. The spacious bar has pendant lighting shining down as great accent lighting.
The second bedroom can be utilized for a roommate plan, guest room or home office. The space is very flexible and will accommodate anything you can dream up..and you will always be day-dreaming with the views that abound from almost every room….whether it is to your next vacation, your next art investment, or the next party you’ll throw.
The master bath has pebble tile covering the walls, double rectangular sinks and separate tub and shower. The room feels like a luxurious hotel or spa bath.
This is luxury and fine living. Have friends over for drinks then step out to one of the neighborhood restaurants. You will love living here.
Two Bedrooms and Two Baths
Offered at $487,700.
700 12th Ave S. #713
Nashville, TN 37203
For more information about this condo in The Gulch for sale, please contact: