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Zillow Reports Nashville Market Gains Value

August 20, 2009 by admin · Leave a Comment  

According to the latest Zillow Real Estate Market Reports, home values in Nashville decreased 5.6% in the second quarter of 2009, compared to the second quarter of 2008. Nationally, home values decreased 12.1% during this same period. However, home values in Nashville increased 0.7% in the second quarter of 2009, compared with the first quarter of 2009. Nationally, home values decreased 4.3% during... [Read the entire article…]

Short Sales and Foreclosures in the Governors Club

August 13, 2009 by admin · 11 Comments  

It may sound strange to hear, but the Governors Club in Brentwood has become a ground zero for foreclosures and short sales. Currently, there are 44 homes listed on the market for sale, 5 of which are either a short sale of a foreclosure. However, the general trend has been for the less expensive homes in the neighborhood to be mostly affected. The highest priced distressed property is currently listed... [Read the entire article…]

Convention Center Hotel to be Marriott Marquis

August 11, 2009 by admin · 8 Comments  

Music City Convention Center Location This article entitled “Marriott picked for Nashville’s convention center hotel” appeared in the Nashville Business Journal on August the 11th, 2009. The author is Jenny Burns: “Hotel developers said Tuesday the 40-story hotel that will accompany Nashville’s proposed convention center will be a Marriott Marquis hotel, one of four in the country. The... [Read the entire article…]

Nashville Real Estate Market Report for June 2009

August 10, 2009 by admin · 9 Comments  

The Middle Tennessee MLS (Realtracs) just released June 2009 stats. The following graph and analysis are based upon the residential single family homes and condos market. As you may recall in May, closings were up over 80% from January. Did June continue at this break neck pace?   Total Inventory (Good, Getting Better) Inventory levels dropped slightly in June, down 0.14 percent from May and... [Read the entire article…]

Nashville Scene Jabs at Giarratana, Signature Tower

August 9, 2009 by admin · 7 Comments  

Signature Tower in Downtown Nashville This article entitled “The Signature Tower and May Town Center are far from sure things. Is Tony Giarratana’s legacy as Nashville’s development king up in the air?” appeared in the Nashville Scene on August the 5th, 2009. The author is Caleb Hannan: “The setting: Atlanta. The time: Sometime after the turn of the century. The scene: Tony... [Read the entire article…]

5th & Main Condo Project loses crucial FHA backing

August 7, 2009 by admin · 6 Comments  

This article entitled “5th & Main loses crucial FHA backing” appeared in the Nashville Business Journal on August the 7th, 2009. The author is Jenny Burns:   “East Nashville’s 5th & Main condo project has lost its prime source of financing for its buyers - the latest snag for the troubled downtown project.   The U.S. Department of Housing and Urban Development rejected 5th &... [Read the entire article…]

Velocity’s Bristol Development Sues CSX for $2.5 mil

August 5, 2009 by admin · Leave a Comment  

Velocity in the Gulch This article entitled “Gulch condo development sues CSX” appeared in the Nashville Post on July the 31th, 2009. The author is Kyle Swenson: “The Velocity, the newest piece of The Gulch’s growing line of high-end condos and mixed-use projects, has launched a legal squabble with rail company CSX Transportation, accusing the latter of not paying for environmental... [Read the entire article…]

Whetstone Subdivision in Brentwood Foreclosed

July 14, 2009 by admin · 3 Comments  

  This article entitled “Brentwood’s Whetstone falls in foreclosure” appeared in the Nashville Business Journal on July the 14th, 2009. The author is Jenny Burns:   “A Brentwood housing development with million-dollar homes, Whetstone, is in foreclosure. Developers say this is the first major development in Brentwood to go into foreclosure during the current recession, and the property... [Read the entire article…]

Buying a Condo in the Encore Condos?

July 13, 2009 by admin · 4 Comments  

If you are thinking about buying a condo in the Encore condos building in the SoBro area of Nashville, you need to speak with me now. If you are buying a condo or loft in any building in downtown Nashville, call me now.   View all Condos for sale in Encore   Buying a condo in downtown Nashville can be a good investment if negotiated correctly.   You do not want to be the person who paid $139,885... [Read the entire article…]

Buying a Condo at the Icon in the Gulch?

July 11, 2009 by admin · 6 Comments  

If you are considering buying a condo at the Icon in the Gulch, you need to speak with me first. If you have a pre-construction contract on a condo in the Icon that you would like to renegotiate, you need to speak with me first.   View all Icon Condos for Sale   Buying a condo in the Icon in Nashville is Smart:   You do not want to be the person who paid $81,150.00 more for the exact same one... [Read the entire article…]

New Nashville Convention Center Already Booking

July 6, 2009 by admin · 4 Comments  

This article entitled “2 large groups book Music City Center” appeared in the Nashville Business Journal on June the 18th, 2009. The Journal reports:   “Two large associations representing 40,300 booked room nights in all have signed on to hold their conventions at the yet unbuilt Music City Center.   The American Trucking Association will convene at the new downtown convention center... [Read the entire article…]

Steve McNair House in Green Hills area Nashville

July 4, 2009 by admin · 12 Comments  

This is the current home of murdered Titan’s quarterback Steve McNair. The home is located at 2430 Bear Road in the Green Hills area of Nashville, TN 37215. The home is currently for sale for $2,999,990. Steve McNair’s home was originally listed for sale on April 11th, 2009 for $3,800,000. It appears that the price of the home was dropped $800,000 recently. The home is a renovated 14,263... [Read the entire article…]