McSquared in Music City April 2023

Our hearts ache for all those affected by the horrific events that unfolded last week at the Covenant School here in Nashville. The wounds of this tragedy are still quite raw and will leave a large scar on this otherwise bucolic community. Scars remind us of the pain, are a sign of healing and often give us the resolve to effect change/action. As we embrace the season of change and growth, our hope is to see it in other aspects of life and policy. 
[ For ways you can help, please visit this link. ]

SPRING

Awakening, Renewal, Warmth, Peace

On a personal note, many of you know Matt & I choose to call Nashville home having moved here from San Francisco a few years ago. One thing is for certain, as this somewhat small town has grown into it's big city boots, the warmth and communal spirit grounded in Faith, compassion and joy has remained constant. Nashville once again lives up to the state's namesake - the Volunteer State. We've witnessed (and participated in) collaborative rebuilding in the face of natural disasters and not surprisingly see Nashvillians coming together once again to help one another through anger and grief on the path toward healing. It is a STRONG community we are proud to call home. 

On to the market - thank you for sticking with me. 

March has proven to be an early Spring despite somewhat erratic weather. We see New listings continuing to increase MoM just shy of 20% for both Davidson and Williamson counties. And the number of homes sold has increased roughly 15% MoM in both as well. In Nashville, we're only about 10% off of March 2019 numbers, a time when things were "normal," albeit the city was arguably not as large!

Sellers: buyers remain picky. They know what they want and are savvy now that they're in the game having been benchwarmers for many months. You HAVE TO ensure your property is in it's best condition. Fix the molding. Paint the ceiling. Clean everything! If this feels overwhelming, call me to discuss Compass concierge and you'll learn how painless it can actually be. Marketing is more important than ever. Our detailed marketing plan may utilize a combination of professional photography and videography, full color brochures, enhanced internet listings, individual property websites, staging services, professional measurement and floor-plan drawings, and/or pre-listing inspections to strengthen your negotiating position.  Trust us, it's worth a conversation to learn about our differentiated and enhanced service offerings. 

Buyers: you know what you want! Let's talk about the off market opportunities I can see at Compass, get you ready to strike quickly and assertively to obtain the winning bid as multiple offer scenarios are still prevalent for diamond listings.

Local Events

April 10

BLUEBIRD ON 3RD

Bluebird On 3rd feat. Catie Offerman , Ryan Beaver , Dustin Christensen with Paige Flores & Jenny Leigh

April 11th
7:30pm

CHASE RICE

Chase Rice is bringing his Way Down Yonder tour to Nashville in 2023! Tickets on sale. The show is scheduled for Tuesday, April 11, 2023 at Ryman Auditorium. Time: 7:30 p.m.

April 14th, 8pm

LADY A

As a Country-radio staple, the trio has amassed record-breaking success ushering in 10 No. One hits with more than 18 million album units and 34 million tracks sold and nearly 5 billion digital streams.

April 15th

NASHVILLE CHERRY BLOSSOM FESTIVAL

Celebrate Spring & Japanese Culture. A full day of Japanese music, dance, martial arts, food, anime merchandise, sumo suit wrestling and a Cosplay Contest. 

April 22nd - 23rd, 2023

Rock 'N' Roll Marathon

The Rock 'n' Roll Marathon in Nashville is an annual running event that takes place in the heart of Music City. With live music performances along the course and a vibrant atmosphere, it offers a unique and exciting race experience for participants.

Click here for more information.

April 29th, 2023

Monster Energy Supercross 

Top-notch riders engage handlebar-to-handlebar in this highly prestigious and fiercely competitive off-road motorcycle racing series. 

Click here for more information.

Notable in Nashville

Sylvan Park

4303 Wyoming Avenue

2 BD   2 BA   1500 SF   $770,000

Adorable 1920's Victorian Farmhouse loaded with charm and character. Hdwds, many original leaded glass windows, original front door, 10' ceilings, crown moulding. Just waiting for your touches to make it the perfect place to land in Sylvan Park! Pull down attic with extra storage. Seller is using 2nd bedroom as den, and that closet is in the hallway. Roof appx 5 years old, HVAC appx 7 years old. Beautiful backyard with privacy fence and 1 car carport. Enjoy both the rocking chair front porch and the large deck for entertaining, relaxing and chatting it up with your neighbors.

Historic Waverly

904 Bradford Avenue

4 BD   4 BA   2834 SF   $1,750,000

STUNNING circa 1930's bungalow with incredible guest apartment and two car garage! The backyard has been made into an oasis and the home has character and charm but all the updated modern amenities you need! Walk to everything 12 south has to offer! Don't miss this one!

Green Hills

931 Glendale Lane

5 BD   5 BA   4604 SF   $2,395,000

STUNNING Green Hills home with TOP of the line finishes and lighting. Gorgeous kitchen with oversized island, Wolf Range, butler's pantry, and walk in pantry. Formal dining room flooded with natural light. Living room with fireplace and office downstairs. Primary suite downstairs with dual vanities, marble shower, and oversized walk in closet. HUGE bonus room with wet bar upstairs. 4 bedrooms upstairs. One with Jack and Jill bath, plus two other bathrooms. Spacious fenced in back yard off of screened in porch with fireplace. Gated entry to home with a 2 car garage.

12 South

917 Caruthers Avenue

6 BD   5 BA   4575 SF   $2,499,000

Not simply a gorgeous home, an experience. Checks all the boxes & resides on one of the best streets in 12 South! A perfect balance between historic charm & modern comfort. Rich hardwoods flow beautifully from one living space to the next. Back deck wraps around house, inviting entertaining spaces off Chef’s kitchen w/ its large marble island, seamless marble backsplash & 6-burner gas range. Kitchen opens to living & dining w/ fireplace & coffered ceilings. Two large living spaces: Up and Down. Mother-in-law suite/apartment above garage. Currently income producing ($40,000 per yr). Experience living within the energy & heart of Nashville. Walking distance to Josephines, Emerson & Grace, Jenni’s, & more. Not just a home, an experience.

In case you missed it

> Austin is the fastest-growing city for millionaires, according to the 2023 Wealth Report by Henley & Partners. Between 2012 and 2022, the number of millionaires calling Austin home more than doubled to 30,500. A ‘millionaire growth rate’ of 102% puts Austin at the top of the list. (KXAN)

> Rush Limbaugh’s long-time Palm Beach home sold for $155M.  They paid $3.9M for the property in 1998.

> A proposed bill would make Nevada the first US state to allow a water agency, the Southern Nevada Water Authority, to shut off water use for single-family residences that use more than half an acre-foot of water, roughly 163,000 gallons, each year. (CNBC)

> The Fed has been so focused on curbing inflation that it has essentially ignored the risks of its policy of raising rates more quickly than at any point in history. It has acted as if inflation is such a threat to financial stability that it lost sight of the fact that fighting inflation can, if pursued in too draconian a fashion, can itself be a threat to financial stability. (TIME)

> As shared rides and more walkable cities and towns expands, Charlotte, N.C., city council granted a rezoning request to a local developer, to build a 104-unit apartment close to downtown with no resident parking at all, allowing it to build 25% more housing units. The more housing units you can build, and the fewer parking spots, the lower the rent.....  Parking zoning laws are being revised.  America’s parking glut has its roots in zoning rules first passed in the 1950's, when car ownership was on the rise and urban planners worried there weren’t enough curb spaces for all the new drivers. Many municipalities imposed detailed parking requirements for every type of land use. In Los Angeles churches must include one spot for every 5 seats in the pews. Hospitals must have 2 per bed. (WSJ)

> To anyone who believes home electricity is safe, know that home electrical fires account for an estimated 51,000 fires each year, nearly 500 deaths, more than 1,400 injuries, and $1.3 billion in property damage.....natural gas causes about 4,500 fires per year and 40 deaths.

If you're in the market or know someone who would benefit from an informal conversation with me, please click here and we'll schedule some time together. 

REMEMBER, 
I can easily source and vet a colleague of mine nationwide, in your local market.  Let me do the work. 

See the map below for our broad reaching locations. Thank you!

Shane McCarty

Affiliate Broker
M: 209.601.1957
O: 615.475.5616
shane.mccarty@compass.com

Office: 615-475-5616

Compass RE is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.