Bruce Jones Compass RE
State: Tennessee
Counties: Williamson County, Davidson County, Maury County
Cities and Towns: Nashville, Brentwood, Franklin, Thompon's Station, Spring HIll, Nolensville, Columbia, Green Hills, Forest Hills, Bellevue, College Grove
Licensed Since: 19967 | TN License #
About Bruce Jones
You deserve to work with an experienced REALTOR that is a Nashville native and understands this market. I have sold homes in over 20 counties in the area. I work with buyers and sellers involving Homes, Condos, land, and rental properties. Nationally recognized as one of the top performing agents in the county year after year involving hundreds of millions sold. Over $25 million in closed transactions for 2019.
Seasoned Realtor with 24 Years Experience Nationally ranked in the top 2% Locally ranked in the top 1% of all Middle TN real estate agents. Hundreds of transactions since 1996. Team leader for Exceptional Living Group. Broker Certified Luxury Home Marketing Specialist (CLHMS) ABR, CRS, GRI
Investor – I own rental properties and work with several investors finding homes to renovate, rent or tear down and rebuild. Does it make more sense to flip a property or keep it to rent? I work with you to make the best long term decision for you. Sharing past experiences and market trends is part of my service that clients find invaluable.
Venture Capitalist – Building and financing homes since 2011. Minority investor for the Preserve at Echo Estates Luxury Home development in Franklin. I work with various builders on renovation or tear down of older homes and building high end properties in Nashville. Home Design – My team and I work well with buyers when it comes to home design. We have designed several homes in Nashville and currently have projects being built. We have projects going all the time that are not listed in the MLS until near completion in Davidson and Williamson Counties.
Market Trends – We have the latest market trends updated monthly and will provide to you at no cost. We have data broken out by county, areas within the county, price ranges and yearly trends. This information makes you more informed consumer which enables you to make the best decision.
Market Overview
Nashville is a dynamic city with a diverse economy. Music, Health Care, Tech and the Automotive industry have strong roots in Nashville and all sectors are growing. No state income tax, and low property taxes in the area attract families in all price ranges. Nashville is home to several Universities including Vanderbilt, Belmont, Lipscomb and Trevecca. Middle TN State University is the state’s largest university and is located 40 miles south of Nashville.
Nashville has been ranked as one of the best places for job growth for several years now. The counties surrounding are sought after for retirees. Williamson County schools just south of Nashville are the highest ranked schools in the state. During the national 2008-2010 recession Williamson County’s economy actually expanded with positive GDP. Areas of Nashville real estate values were flat during that period, but overall did not decrease.
I have lived in the Nashville area my entire life and I am familiar with all areas and traffic concerns, schools and where the growth patterns are happening.
Investment Price Points in Tennessee
Investing in Nashville involves knowing the area. Areas close to the Universities have a constant stream of tenants which is great, but most of these investments will involve condos or townhomes. There are several that have too high HOA fees which makes them prohibitive to cash flow, but there are many attractive units also. Entry level price point in this area for such is $200,000 - $250,000.
Homes – The zip codes with the highest net worth / income are very attractive for investors, but tear down homes can cost as much as $600,000 or more. If you price point is below such, then you must purchase outside the city core. Bellevue area is west of Nashville and has an attractive price point for investors.
Williamson County / Franklin / Brentwood – This county has one of the highest income per capita in the country. Homes in this area also tie for being the largest average size per square foot in the country. There is a constant need for rentals in the area. The area is home to large Fortune 500 corporations and is a mecca for corporate relocations. Investing in Brentwood will take a minimum of $550K to $600K for a price of a home due to averages being well above a million. Franklin investments can be lower, but may have some HOA restrictions.
Free Report: Demographic and Housing Data on the Nashville Market
Would you like free demographic and housing data on the Nashville market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.
This report has all the info you need to help you decide if the Nashville market is right for you! Click here to get your free report.
