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 Receives High Forbes Magazine Ranking

November 1, 2010 by admin · 3 Comments 

Nashville, TN is the 5th most affordable city in America, according to a Forbes study released last week. The financial magazine looked at cost of living (where Nashville ranked 3rd among cities with at least 100,000 residents), unemployment (Nashville ranked 23rd) and housing costs as a percentage of household income (Nashville ranked 11th). The Forbes [...]

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 [...]

October 2009 Nashville Real Estate Market Analysis

November 11, 2009 by admin · 10 Comments 

The Middle Tennessee MLS (Realtracs) just released October 2009 stats. The adjacent graph and analysis are based upon the residential single family homes and condos market only. As you may recall in September, the number of closings and pending transactions took a hit, but inventory did burn off. Did October begin a trend of real estate market deterioration [...]

Nashville Real Estate Market Report for June 2009

August 10, 2009 by admin · 9 Comments 

The Middle Tennessee MLS (Realtracs) just released June 2009 stats. The following graph and analysis are based upon the residential single family homes and condos market. As you may recall in May, closings were up over 80% from January. Did June continue at this break neck pace?   Total Inventory (Good, Getting Better) Inventory levels dropped slightly in [...]

May 2009 Nashville Real Estate Market Stats

June 10, 2009 by admin · 7 Comments 

The Middle Tennessee MLS (Realtracs) just released May 2009 stats. The following graph and analysis are based upon the residential single family homes and condos market. As you may recall in April, closings were up almost 65% from January. Did May continue breaking our expectations? Total Inventory (Good) Inventory levels continued a slight rise in [...]