Downtown Nashville Real Estate Blog

There were 1,267 home closings reported for the month of February, according to figures provided by the Greater Nashville Association of Realtors®. This represents a decrease of 33 percent from the 1,892 closings reported for the same period last year.There were 1,452 sales pending at the end of ...

Freddie Mac reports that interest on 30-year, fixed rate mortgages rose to an average of 5.15 percent this past week, up from 5.07 percent a week earlier. Mortgage rates increased along with the increase in bond yields following reports of a decline in economic growth in the fourth quarter and ri...

Fannie Mae just released new guidelines - effective March 1, 2009 - affecting short sales. These changes are very much welcomed by any Realtor who has been pressured to reduce his/her commission on a short sale:"Servicing Guide, Part VII, Section 504.02: Contacting Selected Borrowers Effective M...

Country Estate on 15 Acres in Franklin Franklin Estate Home       Gorgeous and spacious home   For Lease 4270 Long Lane Franklin, TN 37064   $5,995/mo   Huge rooms - outstanding residence   BEDROOMS: 5 BATHROOMS: 5/3 LIVING AREA: 8,203 TYPE: Single Family LOCATION: Franklin PARKING: 4-Garage LOT...

I normally write a very straight forward, non-opinionated blog, but today I digress. I simply cannot take hearing one more person blaming the Bush administration for today's current economic recession. Yes, the Bush administration did contribute, but the whole chain of events was set in motion by...

A new article by Marylyn Schwartz on RisMedia's website addresses a topic that's inescapable in the current economic downturn: short sales. Ms. Schwartz interviews an experienced attorney, Rick Cowle, about the procedures and pitfalls involved in the short sale process."MBS: Rick, you and I have ...

Despite the Federal Reserve's campaign to lower Nashville mortgage rates, Freddie Mac reports a jump in the 30-year fixed rate to 5.25% in the week ended February 5 from 5.10% the prior week. Experts say home-loan interest is on the rise because long-term Treasury bond yields have climbed and bec...

In response to how popular my post regarding the 12 bold predictions for the 2009 Nashville real estate market was with my readers, I have been asked to pontificate on when rest of the US markets might turn around. We'll, I have taken your requests to heart and dove into a huge number of publicat...

One of the many tasks my clients expect me to be able to do is to predict what is going to happen with home prices, appraisal values, and time on the market. I only wish that I had a crystal ball to be able to advise them 100% accurately, but unfortunately, that tool does not exist. However, I wo...