Nashville Real Estate Data October 2010
November 11, 2010 by admin · 3 Comments
There were 1,495 home closings in Nashville reported for the month of October 2010, according to figures provided by GNAR. This figure is down 30.3% from the 2,145 closings reported for the same period in 2009. Year-to-date closings through October 2010 are 17,424, representing a 1% decrease from the 17,598 closings reported through October 2009. [...]
Nashville Area Home Sales Up 15.5% June 2010
June 11, 2010 by admin · Leave a Comment
June marks the 9th consecutive month of increased homes sales. There were 2,416 homes sold in the month of June, according to figures provided by the Greater Nashville Association of REALTORS®. That figure is up 15.5 percent compared to the 2,091 closings reported for June 2009. Second-quarter numbers are also up, with 6,831 closings reported, [...]
Proving a Housing Price Increase in Nashville
May 20, 2010 by admin · Leave a Comment
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 · 15 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 · 1 Comment
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 · 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 [...]
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 [...]
Home Prices Slide in Nashville Area
January 11, 2009 by admin · Leave a Comment
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% [...]
For a decade, Grant Hammond has been a leader in the greater Nashville real estate marketplace. In the first half of 2011, he is again the top producing Realty Executives broker in Middle TN.
