Proving a Housing Price Increase in Nashville

May 20, 2010 by admin · View Comments 

A very astute investor once told me that if I attempted to micro analyze the real estate market based upon short-term data, I would most likely be missing the soul of that market. Yes, I had the ability to make profitable short-term decisions, but I would lack the true understanding of why my short-term decisions [...]

Icon Nashville Condo Prices Going Up

September 14, 2009 by admin · View Comments 

If you are one of those folks who thought that condo prices would continue fall this year, here is a piece of news that will surprise you: The developers of the Icon in the Gulch, Bristol Development and MarketStreet Enterprises, are raising prices today. Specifically, the Icon is raising prices on all of the downtown [...]

PMI Ranks Nashville as Top 10 Most Stable Market

August 20, 2009 by admin · View Comments 

This July 7, 2009 press release from the PMI Mortgage Insurance Company clearly ranks Nashville as one of the most stable real estate markets in the United States. 60% of Top 50 MSAs have greater than 50% probability of lower home prices in Q1 2011; Buyers: 98% of nation’s 381 MSAs show higher affordability. WALNUT CREEK, [...]

2 Year Analysis of Nashville Home Prices

June 5, 2009 by admin · View 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 [...]

Nashville Housing Inventory Declines

January 11, 2009 by admin · View Comments 

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 [...]

Home Prices Slide in Nashville Area

January 11, 2009 by admin · View Comments 

Written by Chas Sisk, December’s median is lowest since 2004, The Tennessean: Home prices dropped sharply in December – back to levels last seen before the real estate boom – as the Nashville housing market wrapped up its weakest year in a decade. The median price of a single-family home sold last month dropped 13% [...]