Nashville Real Estate and Homes for Sale. Search the Nashville MLS.
According to CNN Money, home buying has not been more affordable in more than 20 years. The National Association of Realtors states that they have never seen better housing affordability conditions or market opportunities than now, and they have been tracking affordability since 1970. We are currently experiencing the perfect storm of home affordability due [...] Read more »
The interactive graph below shows the number of home sales in Nashville, Tennessee has been increasing each month this year. This is great news for the housing market and the overall economic recovery in Nashville. We had 602 sales in Nashville in the major neighborhoods for the month of May which is nearly double what [...] Read more »
The foreclosure rate in Nashville, Tennessee is trending downward according to new data compiled by Corelogic, a leading provider of real estate and business information. The rate for March 2012 was 1.72% of households. This is down nearly 7% over March of 2011 and has been slowly decreasing all year. This rate equates to 25,806 homes foreclosed over the last year [...] Read more »
This graphic shows the Number of Homes Sold in Nashville for each major neighborhood by month for 2012. Typically, one would expect the numbers to climb each month because the winter is the slow season and the spring/summer are the busy season for real estate in our area. Since we have not had typical real estate sales in several [...] Read more »
Nashville Real Estate Sales Volume April 2012 Did you ever wonder how many homes were sold in your neighborhood recently? Here is your answer. This graph represents the number of homes sold in each area in April of 2012. Click on the chart to make it come alive and the click on each bubble to get more information. Read more »
CoreLogic, a leading provider of Real Estate Information, just released their National Foreclosure Report for March 2012. Compared to March 2011, the number of completed foreclosures across the nation decreased 19% to 69,000 homes in March 2012. Also, the inventory of homes in foreclosure decreased nearly 6%, or 100,000, from March 2011 to March 2012. The overall delinquency [...] Read more »
The American dream of home ownership is what drives the spirit of this country. This dream has turned into skepticism due to the recent uncertainty of the housing market. We all know the market moves in cycles, and these five developments are the top reasons why potential buyers need to act now. 1. Home affordability [...] Read more »
1. Another huge wave of foreclosures is right around the corner! Tennessee’s foreclosure peak was a few years ago. There are five significant factors which indicate that the next wave of foreclosures in this area will be less than currently predicted. Relocation into Nashville continues to rise. Unemployment is falling and we are seeing the [...] Read more »
The Tennessean recently reported that real estate analysts are predicting new waves of home foreclosures in Nashville and Middle Tennessee. The experts predict several factors will work together in 2012 to produce a series of waves that may further drive down prices and erode consumer confidence. The experts cite the settlement of the case between [...] Read more »
RealtyTrac is reporting that national foreclosure filings for July 2011 were down 4% from June 2011 and down 35% from July 2010. This is the tenth straight month of year over year decreases in foreclosure activity and the lowest month since November 2007. The slowdown was initially caused by the robo-signing controversy and further delayed by the State [...] Read more »
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