Don’t Believe the Nashville Real Estate Hype…Yet

March 9, 2010 by admin · 12 Comments 

I have read either this exact sentence or a very close derivation of it about a dozen times since the Greater Nashville Association of Realtors (GNAR) published the February 2010 home sales results: “Home sales are already at a frenzied level in the first month of the year so you better hurry! Inventories are at [...]

2 Year Analysis of Nashville Home Prices

June 5, 2009 by admin · 5 Comments 

The graph shows a median price analysis compared to the average inventory held for the Nashville single family home market since the first quarter of 2007 through the second quarter of 2009. This is market information that I have collected using the official home sales numbers from GNAR and are deemed to be accurate. This [...]

2 Year Analysis of Nashville Condo Prices

June 1, 2009 by admin · 2 Comments 

The above graph shows a median price analysis compared to the average inventory held for the Nashville condo market since the first quarter of 2007 through the second quarter of 2009. This is market information that I have collected using the official condo sales numbers from GNAR and are deemed to be accurate. This quarterly [...]

Real Estate Market Boosted by First Time Buyers

May 6, 2009 by admin · 2 Comments 

The National Association of REALTORS (NAR) says over 50 percent of March’s home sales were tied to first-time buyers, many of whom snapped up foreclosed homes and other distressed properties. Experts believe getting first-time buyers off the sidelines to take advantage of historically low interest rates and federal tax credits will reduce the glut of [...]

Nashville Housing Inventory Declines

January 11, 2009 by admin · Leave a Comment 

From Chas Sisk, December’s median is lowest since 2004, The Tennessean: The number of homes on the market also has started to fall. A total of 21,274 single-family homes, condos, multifamily homes, farms, land parcels and lots were listed for sale at year’s end. The housing inventory has fallen 15% since peaking at more than [...]

November Report: Home Sales For Nashville

December 9, 2008 by admin · Leave a Comment 

According to the Greater Nashville Association of Realtors: There were 1,243 home closings reported for the month of November, according to figures provided by the Greater Nashville Association of Realtors®. This represents a decrease of 45% from the 2,260 closings reported for the same period last year. And, there were 22,824 closings year-to-date in 2008. [...]

Mid-Year Nashville Market Update

July 9, 2008 by admin · Leave a Comment 

MID-YEAR CLOSINGS REMAIN CONSISTENT; CONDOMINIUM MARKET SETS NEW PRICE RECORD According to the Greater Nashville Association of Realtors (GNAR): There were 2,591 homes sold in the month of June, which is down 27.8% compared to the 3,588 closings reported for June of 2007. Second-quarter closings are also down, with 7,234 sales reported. that is a [...]

April Home Sales Data – Nashville, TN

May 9, 2008 by admin · Leave a Comment 

There were 2,135 home closings reported for the month of April, according to figures provided by the Greater Nashville Association of Realtors®. This represents a decrease of 28.5% from the 2,989 closings reported for Nashville the same period last year.Year-to-date closings are down compared to last year with 7,898. That is a 28% decrease compared [...]