How real estate and finances mix in NASH’s 2022 market
The biggest real estate stressors in NASH
Presented by a NASHtoday Partner
Opendoor’s first-ever Financial Wellness Study looks at how people are tackling their finances and homeownership, along with the stress it can cause. | Photo provided by Opendoor
Financial wellness and homeownership are two sides of the same coin. A recent study from Opendoor found that 56% of current + prospective homeowners think about their finances for at least 30 minutes every day. (We feel that. 💸)
Homeownership is a major milestone of financial security that many aspire to — but it can be just as stressful financially as other ultimate goals like saving for retirement and saving for a child’s education.
Fast facts:
37% of prospective homebuyers believe that homeownership will improve their quality of life.
More than 78% are considering buying their first home in the next five years.
53% want to buy within the next two years.
If you’re a part of these percentages, join us as we take a look at how Nashvillians are tackling their finances + homeownership and how it affects their stress levels. (Read: You’re not alone if you’re sweating over down payments. 😅)
Complete with laminate floors throughout, plenty of natural light, and a neutral palette, this home features an outdoor patio, lush grass, and great opportunity for adding personal touches.
Photo provided by Opendoor
NASH real estate stressors by the numbers
The top homebuying stressors are:
Taking on additional debt (74%)
The burden of saving enough funds to complete the transaction (67%)
Fear of future monthly payments (53%)
Millennials feel added stress because of financial guilt. 16% of respondents noted that they feel stress while home buying due to feeling guilt from receiving financial support from family members.
Millennials are more likely to buy a home as an individual compared to Gen Xers and Boomers — adding to millennials’ existing stress levels. On the flip side, they’re concerned about societal stigmas around being a single homeowner.
Shelby Bottoms Ghostbusters | Tues., Oct. 25 | 7-8 p.m. | Shelby Bottoms Nature Center, 1900 Davidson St. | Free | Learn how folklore, animals, history, and scary stories are all connected. 👻
Wednesday
Mary J. Blige | Wed., Oct. 26 | 8 p.m. | Bridgestone Arena | $73+ | The award-winning artist will be joined by Ella Mai and Queen Naija for her “Good Morning Gorgeous” tour.
La Voz | Wed., Oct. 26 | 6-9 p.m. | Plaza Mariachi, 3955 Nolensville Pk. | Free | The singing contest returns for Season 7. 🎤
Thursday
Carly Pearce | Thurs., Oct. 27 | Ryman Auditorium | $40+ | The country star is joined by supporting artist Mountain Heart.
Corks & Candies: A Halloween Candy & Wine Pairing | Fri., Oct. 28 | 7 p.m. | City Winery, 609 Lafayette St. | $40 | City Winery’s own winemaker Michelle Foletta Bell will walk guests through an evening of chocolate, candy, and locally-made wine.
Saturday
City Girls Who Walk Nashville - Pink Out 5K | Sat., Oct. 29 | 9-10 a.m. | Shelby Park, 401 S 20th St. | Free | This walking group allows women to come together to make friends, and walk safely while exploring their city — kids and leashed dogs are always welcome. 👟
We have amonthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
Secure your Halloween decorations and patio furniture. National Weather Service Nashville reports most of Middle Tennessee is under a wind advisory today with gusts of 15 to 25 mph expected at times. All of Middle Tennessee is under a marginal or slight risk of storms with peak times from 2-10 p.m.
Open
Edley’s Bar-B-Que officially opened its seventh and largest location in Donelson yesterday — 2717 Lebanon Pk. The new location will also house Edley’s catering operations. 🍖
Concert
“Write This Down.” George Strait is performing at Nissan Stadium on Sat., July 29. The “King of Country Music” will be joined by Chris Stapleton + Little Big Town. Tickets go on sale Fri., Nov. 4. (WKRN)
Shania Twain is saying “Honey, I’m Home.” In a recent tweet, the star confirmed that she will perform at Nashville SC’s GEODIS Park on Wed., June 7 alongside special guests Kelsea Ballerini and Breland. Tickets go on sale Fri., Oct. 28. 🎵
Winter Jam will takeover Bridgestone Arena Fri., Feb. 3 with performances by We The Kingdom, Jeremy Camp, and Andy Mineo, among others. The concert will cost $15 at the door with no advanced tickets required.
Community
MNPD has announced the Lights On! program is now in Nashville. Motorists driving with blown headlights or taillights can receive a voucher from MNPD for a free professional bulb replacement. Currently, two local repair shops are participating (Music City Auto Repair + Cooper Automotive Service). 💡
Arts
The Civic Design Center unveiled the newly completedLighthouse Mural by Nashville-based artist Woke3 at the Robert Churchwell Museum Magnet Elementary School — 1625 Dr. DB Todd Jr. Blvd. The mural marks a final culmination of youth ideas promoting safety and traffic calming in North Nashville.
Outdoors
Percy Warner Golf Course will close in November, beginning an 11-month renovation. Some improvements include new irrigation, a practice area, expansion of tee boxes + bunkers, and landscaping. The course will tentatively reopen in September 2023. ⛳ (WSMV)
DYK
Did you know you can support NASHtoday through our retail store? We’re celebrating Nashville’s unique landmarks and history with our online shop. Show off your Nashville pride with stickers, hoodies, mugs, and more. No need to wait. Start shopping.
Listen
Trainual CEO Chris Ronziorecently chatted with Patrick Campbell, founder of ProfitWell. Listen to their conversation on pricing and how to price your product during a recessionary environment. 💰 *
Real Estate
Opendoor + Zillow are joining forces. The new multi-year partnership will allow Zillow sellers to request an Opendoor offer. Customers will be able to use Zillow’s service as a standalone offering or package it with other Zillow home shopping services (read: financing, closing or agent selection). 🏡 *
Shop
Here’s a friendly reminder that we’re less than a week out from Halloween. Have you bought your costume yet? What about the candy? And if you wanna be the coolest parent or grandparent on the block — while increasing your trick-or-treater’s nighttime visibility — grab this affordable 100-pack of glow sticks.*
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SEASONAL
Get ready to trunk-or-treat 🍬
Trunk-or-treat events in Nashville, TN
Whether you want to add to your list of usual neighborhood candy stops, or you’re looking to start the festivities a little early this year — there are plenty of trunk-or-treat events happening across Middle Tennessee to get you started.
Don’t be choco-late, bookmark this story and add these events to your calendar today. And please note, these are just a few of the many trunk-or-treat events going on around the area.
THE WRAP
Today’s issue was written by Skylar.
Editor’s pick: Heads up, Nashville. Cheekwood’s El Día de Los Muertos event has officially sold out. Due to popular demand, Hathrone has added a second evening (Wed., Nov. 2) for its Día de Los Muertos dinner. Get your tickets now.
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