YTD Encore Condo Closings 2011

August 8, 2011 by admin · 1 Comment 

With slightly more than half of 2011 complete, the Encore has sold 23 condos totaling just over $5.68 million. Of the 23 recorded sales, 6 are resales (highlighted in blue) and 17 are new developer sales. Of the 6 resales, 2 are foreclosures (green text). The 333 condo Encore development is now 95.8% sold out. There [...]

Nashville’s Encore Condos Expand Closeout Pricing

January 31, 2011 by admin · Leave a Comment 

With only 27 developer owned condos remaining in the 332 unit Encore development, pricing and incentives are being offered to sell the building out by mid-year. The only high-rise condo project in SoBro (south of Broadway district), the Encore is now almost 92% sold out with a few choice one and two bedroom condos remaining. [...]

Encore Condos Holds Open House 12-4-10

November 24, 2010 by admin · Leave a Comment 

The Encore condos sales team is holding what very well may be the last developer open house on December 4th, 2010 from 1 - 4pm. As of November 15th, the Encore has sold 301 of its 333 total condos leaving only 9% of the building available for sale. It is my assumption that new closeout pricing [...]

Advice for Nashville Condo Buyers

November 16, 2009 by admin · 7 Comments 

Quite a few people have been calling, emailing, Facebooking, instant messaging, tweeting and texting me with a million different variations of basically the same two questions. 1) I am a potential condo buyer, where can I buy the best deal in Nashville and 2) Which building(s) are the safest for condo investment? General advice for condo [...]

10 Best Condo Buys so far in 2009

October 19, 2009 by admin · 10 Comments 

Sometimes we all wonder how well we have done when investing in real estate and usually there is not a good way to benchmark our success or failure. Here is a list of the 10 best condo buys in Nashville so far in 2009. Keep in mind that the developer purchases probably also have a [...]

Encore Condos Offer Close Out Prices

September 25, 2009 by admin · 17 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 [...]

September Nashville Condo Sales Analysis

September 24, 2009 by admin · 3 Comments 

I was grabbing a quick bite to eat earlier today at a trendy little restaurant in the Gulch when I overhead the following conversation between two seemingly educated 30-something professionals: Guy #1: “Wow, this area of town is really pretty cool. I mean, it has some really tasty restaurants and stuff, but these condos are just dying. [...]

Nashville Scene Jabs at Giarratana, Signature Tower

August 9, 2009 by admin · 7 Comments 

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 Giarratana [...]

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 [...]

Mortgage Rates in Nashville Lower Again

May 29, 2009 by admin · 1 Comment 

Freddie Mac reports a drop in the 30-year fixed mortgage rate to 4.82 percent during the week ended May 21 from 4.86 percent the prior week, while the 15-year fixed mortgage rate dipped to 4.5 percent. The Federal Reserve is working to hold down rates by purchasing upwards of $1.25 trillion in mortgage-backed securities and [...]

The Encore Discounts Condos, Deeply

November 24, 2008 by admin · 1 Comment 

I suppose I knew it was inevitable, but somehow it still hurts. Developer Tony Giarratana has announced deep discounts on their remaining condos in the Encore. From Chas Sisk and the Tennessean on November 24, 2008: “…Tony Giarratana and partner Novare Group plan to offer deep discounts on units in their Encore condominium high-rise on [...]