Nashville Condo Prices and Closings Q3 2010

November 2, 2010 by admin · 1 Comment 

Condo closings in the third quarter did not fall nearly as far as many predicted, but the number of closings did slide 34.34% lower than the previous quarter (824 closings in Q2 to 541 closings in Q3). As with most market analysts, I believe the second Federal Housing Tax Credit compressed 2010 condo purchases into [...]

Warren Buffett Predicts End of Housing Crisis

March 1, 2010 by admin · 3 Comments 

According to Bloomberg News, Billionaire Warren Buffett said the U.S. residential real estate slump will end by about 2011, predicting that’s how long it will take demand for homes to catch up with the supply. “Within a year or so, residential housing problems should largely be behind us,” Buffett wrote on February 27 in his [...]

Nashville Condo Market Debate Continues

December 13, 2009 by admin · 5 Comments 

Recently, an educated rebuttal was posted on my 5 year condo analysis article. This rebuttal had some great points that I have posted in their entirety below. My answers/thoughts follow each point in blue. “An interesting analysis, but I respectfully disagree with your conclusion that now is the best time to buy a condo in [...]

5 Year Nashville Condo Market Analysis

December 13, 2009 by admin · 13 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 [...]

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 [...]

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 [...]