Nashville Real Estate Market Forecast for 2010

December 31, 2009 by admin · View Comments 

The Nashville housing market will experience an accelerated sales volume in 2010 aided by the government’s extension and expansion of the first time home buyers federal tax credit, more government-backed lending assistance, and historically low mortgage rates according to 90% of major forecasts for 2010.
Surrounding real estate markets will improve in the Southeastern U.S. with [...]

5 Year Nashville Condo Market Analysis

December 13, 2009 by admin · View Comments 

The economic recession has affected the US housing market disproportionately. The problem is that the local, regional and nation media outlets are very good at pointing out the obvious bad markets like Las Vegas, Miami and Phoenix, but they are very bad at explaining where the rest of the local markets are in the housing [...]

The West End Condos Auction Results

December 6, 2009 by admin · View Comments 

John Coleman Hayes successfully sold at least 40 condos in the past 60 hours, 32 of which were sold during Saturday’s live auction.
The condo auction, held under a semi-heated tent in the West End’s motor court, was well attended with an estimated 185 potential buyers in attendance. Jerrold Pedigo began the auction promptly at 11:00am [...]

Nashville Medical Trade Center Announced

December 1, 2009 by admin · View Comments 

The Market Center Management Company on Monday announced plans to build and operate a $250 million Nashville Medical Trade Center on the site of the city’s existing convention center that officials say could create 2,700 jobs.
Market Center Management officials plan to construct a 12-story tower above the existing convention center with more than 1.5 million [...]

Terrazzo Re-Prices 30 Condos at Auction Rates

November 24, 2009 by admin · View Comments 

In a move that has both shocked some people and delighted others, the sellers of the Terrazzo condos in Nashville have decided to extended the auction prices. Although these prices do not currently appear on the MLS, they are available on the Terrazzo’s website and were direct emailed to all of the buyers and agents [...]

Terrazzo Auction Will Impact Nashville Condos

November 6, 2009 by admin · View Comments 

This article entitled “Terrazzo auction will impact condo prices across Nashville” appeared in the Nashville Business Journal on November the 6th, 2009. The author is Eric Snyder:
Velocity, the last new condo project that will come to the downtown Nashville market for several years, has officially opened its doors. Meanwhile, Terrazzo, one of downtown’s more luxurious [...]

Coda Development Sells Condo Site 112 Harding Place

November 4, 2009 by admin · View Comments 

Coda Development has sold 112 Harding Place to neighboring Harding Academy for $1 million. Coda had acquired the 1.13 acre site back in April of 2007 with the intentions of building a 14 unit luxury condo project aptly named 112 Harding. This development would have been Belle Meade’s first new condo project since 1985 and [...]

St. Martin Square Condos at Seven Springs in Brentwood

September 28, 2009 by admin · View Comments 

So what if the downtown Nashville scene isn’t your cup of tea? You like the luxury condo product, but not the traffic and noise that urban living inevitably brings. There is an interesting alternative in St. Martin Square at Seven Springs in Brentwood that just might be right for you.
St. Martin Square is a luxury [...]

Encore Condos Offer Close Out Prices

September 25, 2009 by admin · View Comments 

The 332 unit Encore condo building in downtown Nashville is nearly sold out. The owners, Giarratana Development and the Novare Group, have sold nearly 80% of the building and are now in what appears to be the close out phase.
Here is the current incentives package for 2 bedroom condos in the Encore:
• Prices that now begin at [...]

Velocity in the Gulch Condo Sales Update

September 19, 2009 by admin · View Comments 

It has been tough sledding for the 265 unit Velocity in the Gulch condo project located next door to the Icon. For a project whose presales numbered in the hundreds, having 9 total closings (3.4%) in the first 3 months since opening does not seem impressive. Even less impressive is the over $325 a foot [...]