I have been in contact with several buyers over the last few weeks that have complained to me that they can’t find a house worth buying. After visiting with both couples I quickly realized that they are bargain hunting in very specific areas of town that don’t have a lot of bargains! One of the biggest misconceptions in real estate is that what you hear on the news, even local news, is how it is in every neighborhood and that is just not how real estate works; it’s neighborhood by neighborhood.
You can have a neighborhood that is loosing its value right next to one that is actually gaining in value. If you are not aware of that fact, you may thing you can waltz into the rising neighborhood and purchase a house at a bargain as if you were shopping in the adjacent neighborhood and you won’t find a house that’s worth buying at the price you are willing to pay because they aren’t there.
Believe it or not, there are neighborhoods just like that in and around the Nashville, TN area including Hendersonville, Goodlettsville and Franklin. If you are out there trying to figure it our on your own; good luck. If you are smart, you will engage a Realtor who can help you find the gems or level with you that you are looking for them in the wrong places!
