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Kimble Bosworth

What to do in Nashville When You're Hungry

Hungry for something new to do in Nashville? Not the usual movies, music, shopping or arts - but some actual FOOD?

On most days in Nashville, you may find yourself racking your brain for which of our city's finest eateries you will choose.

On most days, once you get all gussied up and get to that place you chose, you have one more choice...which of those fabulous meals you will pick.

Sadly, although you have enjoyed the pleasure of that scrumptious meal prepared by that famed chef; you may have regrets about the meal you couldn't venture to try out. You may not have room for tastes of other meals or that dessert you saw carried to someone else's table.

Well, on June 21st ALL THAT WILL CHANGE! For, on that one special night, Nissan brings all the greatest food of Nashville downtown. (and much of the drink, too).

Nothing beats the backdrop of our beautiful city from the Gateway Bridge - except maybe the food! And the bite sized portions leave room for experiencing all the tastes this city has to offer.second harvest food bank

Get your tickets early and save a little. They are $45 online and $55 at the door. So, for a fraction of what that trip to the actual restaurant might cost, you can enjoy over 37 restaurants (at last count).

There's more good news! You won't just leave feeling full; you'll also feel fulfilled, knowing that a portion of your ticket price benefits the Second Harvest Food Bank of Nashville, bringing food to the tables of Nashville's less fortunate.

If you haven't seen the changing skyline in awhile...

If you have been meaning to try that restaurant but haven't found the time...

Or if you just want a night of jazz and crowds of other foodies...

Sign up and we'll see you there!

Rumors of Nashville's Real Estate Market's Death Have Been Greatly Exaggerated

Untitled Document
Reports Of My Death Have Been Greatly Exaggerated

Mark Twain said it then about his own demise. Local market research in Nashville is saying it now about our own Real Estate Market. To put the news in perspective, see excerpts from market news below:

Historic Home Sales Trend - 2000 to Present

GNAR GRAPH

HOME SALES DECREASE; PRICES RISE IN MAY

NASHVILLE, TN
GNAR News Release, May 2008


"Home sales in the Greater Nashville area remain consistent, as do median prices for both residential and condominium closings. As a matter of fact, the residential median prices have increased, which is a positive sign based on the market trends in other locations," said Mandy Wachtler, 2008 President of the Greater Nashville Association of Realtors. "This region's diverse economy has softened the impact of national economic and housing trends and we continue to anticipate positive trends in the months ahead."

There were 2,508 home closings in Nashville in May. That's a decrease of 28.4 percent from 2007's 3503 closings. The median residential price during May was $189,975 and for a condominium it was $159,000. That compares with median residential and condominium prices at this time last year of $185,405 and $160,334 respectively. The average number of days on the market for a single-family residence was 82 days. That's up 2 days more than last month's average.

You can see by Mandy's comments in the GNAR press release that:

1) The sky is not falling.
2) Neither are home sales prices in Nashville.

Stable prices are good news for you if you are a seller. Monthly median prices have been higher than previous years' averages for 10 of the last 12 months.

The rising home inventory, however, is a problem for sellers. For fear of an uncertain market, because of more stringent lending rules, and because of hesitation regarding the current economy - fewer people are buying homes.

SELLERS, WHAT'S THIS MEAN FOR YOU

Kimble Bosworth , April 2008

Those who are buying have access to lots of stats - and they are smart! They know what the market price is. A home priced too high above other similar homes may not make it to the short list for showing appointments. Fewer showings = fewer offers. Price your home right and someone will buy it.

Because of this rising inventory, its not enough to price right. Now is the time to take steps to get your home noticed. How can you do this?

  • Staging: Work with a professional to stage your space for maximum impact to potential buyers. Emphasize curb appeal, reduce clutter, neutralize the decorating to appeal to the broadest range of tastes of your home's target buyer.

  • Marketing: Each home is different - its marketing should be, too. Consider the best marketing for the home's location, size and price range. Hip, downtown home should be marketed in hip downtown publications...you get the idea.

  • Preparation: Now is not the time to leave things 'undone'. Make it easy for any buyer to move right in. Cover all the outlets, fix the broken tile, touch up the paint, remove all the boxes. It may seem like a small thing to you, but it says 'MAINTENANCE issues' to a buyer. If it's a such a small thing, just fix it.

  • Pictures: Technically, this falls into the marketing category; but it deserves a special mention. With extra inventory of homes, buyers narrow choices on the internet. Give them the tools to see your home in it's best light: a professional photographer, virtual tour, floor plans. Do not list until all the pictures are ready, the websites are updated, the ads are placed in appropriate venues. You only have one or two clicks to make that first impression.

  • Don't Miss it! First Saturday Art Crawl

    Samuel Dunson ArtIt's not often a free night on the town comes along that includes this level of culture and fun. If you haven't been to Nashville Downtown's First Saturday Art Crawl...or just haven't been in awhile; don't miss the next one on Saturday, June 7th!

    The event's sponsor, the Nashville Downtown Partnership, recently added 2 free shuttles that wrap around the route, which now includes 30 galleries.

    Most of the galleries serve free wine and other refreshments; but the real draw is the world class art showcased at the event. Galleries rotate the exhibits each month and there is always something new and different.

    So, if you're shopping for art to fill the walls of your new home, or just looking for an inexpensive way to fill an evening with low cost and high culture entertainment, you may want to check this out.

    Learn more at Nashville Downtown Partnership's website or visit a few of our favorite galleries:

    TAG

    The Arts Company

    Estel Gallery

    The Rymer Gallery

    "Reports of My Death Are Greatly Exaggerated" - Nashville Real Estate Market

    Untitled Document
    REPORTS OF MY DEATH HAVE BEEN GREATLY EXAGGERATED

    Mark Twain said it then about his own demise. Local market research in Nashville is saying it now about our own Real Estate Market. To put the news in perspective, see excerpts from market news below:

    HOME SALES DECREASE; PRICES RISE IN MARCH

    NASHVILLE, TN
    GNAR News Release, March 2008


    "The number of closings is down significantly compared to last year, but the fact that home prices are rising is a good sign that the Greater Nashville market remains stable even in this time of market transition," said Mandy Wachtler, 2008 President of the Greater Nashville Association of Realtors. "In some parts of the country, both closings and prices are down (sharply). When you take that into consideration, the real estate market in Nashville is doing better than many cities and regions. And, there continues to be a lot of showing activity, which may result in more closings soon."

    There were 2,308 sales pending at the end of March, compared with 3,218 sales that were pending at the same time last year. The median residential price during March was $178,388 and for a condominium it was $160,573. That compares with median residential and condominium prices at this time last year of $173,400 and $153,400 respectively. The average number of days on the market for a single-family residence was 80 days.

    Inventory at the end of March was 22,730. That compares with an inventory of 19,091 at the end of March 2007.

    "The increase in inventory means that buyers will have more meaningful choices. That can be a positive factor as we move into spring and early summer, when typically more people are out shopping for homes," Wachtler said. "Sellers will want to make sure their home is in the best possible condition and priced correctly. In a changing market,the professional support and counsel provided by a Realtor is increasingly valuable to those considering buying, selling or leasing property. "

    MARKET STATISTICS

    NASHVILLE, TN
    GNAR News Release, March 2008

    Sales by Category for March
    Sales by Category March 2007 March 2008
    Closings 3,216 2,227
    Residential 2,429 1,765
    Condominium 426 336
    Multi-Family 50 22
    Farm/Land/Lots 221 104


    Sales by Category for First Quarter
    Sales by Category Q1 2007 Q1 2008
    Closings 7,990 5,763
    Residential 6,214 4,617
    Condominium 1,054 780
    Multi-Family 128 73
    Farm/Land/Lots 594 293
    Sales by Category March 2007 March 2008


    Current Inventory or Properties by Category Compared to Same Time Last year
    Inventory 19,091 22,730
    Residential 12,915 15,065
    Condominium 2,124 2,505
    Multi-Family 273 381
    Farm/Land/Lots 594 293

    SELLERS, WHAT'S THIS MEAN FOR YOU???

    Kimble Bosworth , April 2008

    You can see by Mandy's comments in the GNAR article that:

    1) The sky is not falling.
    2) Neither are home and condo sales prices in Nashville.

    Selling Your Home:
    Stable prices are good news for you if you are a seller. This means that, if you price your home reasonably, you will likely get your price. The rising home inventory suggests caution. If you price your home too high, while others have not, you may not make it to the short list for showing appointments. Fewer showings = fewer offers. Don't assume that the offers will be low and add 'padding'. Buyers are smart. They know what the market price is. They will pay it. In some cases, if the home is spectacular enough, they will even pay more!

    Because of this rising inventory, it is more necessary than ever to take steps to get your home noticed. How can you do this?
    • Staging: Work with a professional to stage your space for maximum impact to potential buyers. Emphasize curb appeal, reduce clutter, neutralize the decorating to appeal to the bradest range of tastes of your home's target buyer.
      Marketing: Each home is diffetrent - its marketing should be, too. Consider the best marketing for the home's location, size and price range. Hip, downtown home should be marketed in hip downtown publications...you get the idea.
      Preparation: Now is not the time to leave things 'undone'. Make it easy for any buyer to move right in. Cover all the outlets, fix the broken tile, touch up the paint, remove all the boxes. It may seem like a small thing to you, but it says 'MAINTENANCE issues' to a buyer. If it's a such a small thing, just fix it.
    • Pictures: Technically, this falls into the marketing category; but it deserves a special place. It's that important. With extra inventory of homes, buyers narrow choices on the internet. Give them the tools to see your home in it's best light: a professional photographer, virtual tour, floor plans. Do not list until all the pictures are ready, the websites are updated, the ads are placed in appropriate venues. You only have one or two clicks to make that first impression.
    If you need more information on getting your home ready to sell, contact the bozTEAM of VILLAGE Real Estate Services at our website or by calling 615.715.0545.
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    A Different View of the the 'Projects'

    I got an interesting call from another agent this week that got me thinking...thus, also got me blogging.

    She was working with a client who found a great loft at Werthan Mills (the same condos, coincidentally, where I have lived since 2006). He loved the place! But not the view. He was concerned that the unit he was considering looked out over a Metro Nashville Development Authority Housing Community, Cheatham Place.

    Cheatham Place NashvilleLooking out on that community made him feel guilt. Guilt that he had so much and that the people he was looking down at did not.

    I was touched. Touched that she came to me to ask for more information on how I feel about that. (For the record: I share the same view as her client - definitely not the same perspective, though.) Touched that her client shared such honest feelings.

    I shared my perspective with her - and subsequently, in this blog, with others.

    I live in the urban core - a neighborhood on the border of Germantown and Salemtown in Nashville. This neighborhood is filled with that something unique and special - DIVERSITY - that is so rare in the fabric of our suburbs. There are people of all incomes, races, religions...I call it the spice that keeps our neighborhood from tasting bland.

    Looking back to when Boz and I moved here in 2006; we heard sirens at 1AM on our first night. They came from Cheatham Place. We both woke up when we heard them. And we made assumptions that I am ashamed of today.

    The next day, I ventured out to learn a little more about Cheatham Place, which I had heard would someday be torn down and redeveloped into some fabulous housing community. The greyhounds and I went on a walk through the community. And, since neither of us has ever met a stranger, we made some friends. And over the years, we have learned a lot that has changed our view of the Cheatham Place neighbors.

    I was lucky enough to meet Peaches, the sensational woman who manages the public housing program for Metro Nashville, whose office is across the street and next to Cheatham Place. She introduced me to the property manager, who explained those sirens I heard were an ambulance. Many of the residents of Cheatham Place are older, with limited health resources...ambulances are actually some of the only sirens we hear there.

    Why not police cars? Turns out Cheatham Place is on the National Historic Register. It is an exceptionally well maintained community with long waiting lists to get in and close to a zero tolerance policy when it comes to bad behavior.

    Over the years, Werthan and Cheatham have built a special relationship. There are many stories of this friendship, here are just a few:

    • One of my Werthan neighbors does light errands and grocery shopping for an elderly Cheatham resident. She was surprised to see a fridge full of casseroles and prepared meals when she first dropped off groceries. The resident explained that ladies in her church across the street bring her more food than she could possibly eat, so she shares with other needy neighbors on a regular basis.
    • Werthan organizes an annual Christmas gift drive for the Cheatham Place kids. As is typical of these events, the gift to us if far greater than the gifts the kids receive.
    • We also teamed up with the kids of Cheatham Place to spend an afternoon painting the NumberWall mural on 8th Avenue
    *th Avenue Number Wall

    So, I explained to that agent the view of Cheatham Place from where I sit on my Werthan balcony:

    • I see camaraderie as neighbors share the bounty of their lives with a community of friends and family during picnics and gatherings on our beautiful Nashville spring afternoons
    • I see fellowship at the Friday Fish Fry of the adjacent Baptist Church
    • I hear laughter of the children from both of our communities playing in the fire hydrants opened by the local firemen during the hot months of summer
    • I feel hope for people who are getting help from our city to improve their lives and raise happy, healthy families
    • I have respect for these people who have become my friends and neighbors.


    So that's my view from the balcony...If you're considering Germantown or Salemtown, I hope this perspective helps.

    Cheatham place from Werthan

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