Don’t Believe the Nashville Real Estate Hype…Yet
March 9, 2010 by admin · 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 [...]
Video: 10 Biggest Mistakes Home Sellers Make
March 2, 2010 by admin · Comments
Most of you know that I am not the type of real estate agent who typically reposts and regurgitates a bunch of videos, but I have to make an exception. This video is very well done, points out all of the obvious mistakes that some sellers continually make and is entertaining all at the same [...]
Warren Buffett Predicts End of Housing Crisis
March 1, 2010 by admin · 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 [...]
Jimmy Franks Sells Franklin Mansion to Kenny Chesney
February 26, 2010 by admin · Comments
I realize that the sale of the mansion known as Bella Luce (Italian translation is ‘beautiful light’) is old news, but I need to congratulate the builder who spec built this world class Tuscan estate, Jimmy Franks. Most of you know Jimmy Franks as the co-founder of Tennessee Valley Homes, but most do not know [...]
What’s Wrong with Hampton Reserve in Brentwood?
February 20, 2010 by admin · Comments
I’m not sure that anything is wrong with Hampton Reserve, but there is certainly something wrong with the high end housing market in Brentwood…BUT, that’s only if you are a seller. If you are a buyer who has always wanted a McMansion in a gated neighborhood, break out the drool bib because your day has [...]
A Few Favorite Nashville Foreclosures & Short Sales
February 19, 2010 by admin · Comments
For those of you who missed out on the incredible 1 bedroom condo foreclosure in the Encore (the first ever) or the record setting one in the Enclave (all time record), I thought that I might share a couple of my current favorites:
Short sale in the Icon in the Gulch – this is one of [...]
John Rich Buys Seanachie Irish Pub in Nashville
February 17, 2010 by admin · Comments
Country music superstar John Rich and business partner Phil Martin, have purchased the Seanachie Irish Pub building in downtown Nashville. The building, located at 329 Broadway is pending renovations as the group is currently in the process of acquiring building permits, submitting plans and the like. While I have not been able to confirm the [...]
Nashville Real Estate Market Forecast for 2010
December 31, 2009 by admin · Comments
The Nashville housing market will experience an accelerated sales volume in 2010 aided by the government’s extension and expansion of the first time home buyers federal tax credit, more government-backed lending assistance, and historically low mortgage rates according to 90% of major forecasts for 2010.
Surrounding real estate markets will improve in the Southeastern U.S. with [...]
Nashville Mortgage Rates at Lowest Level in Five Weeks
November 17, 2009 by admin · Comments
The 30-year fixed mortgage rate fell to 4.91 percent for the week ended Nov. 12, , down from an average of 4.98 percent a week earlier, and has now been below 5 percent for five of the last seven weeks, reports Freddie Mac. Also, 15-year fixed loans fell to 4.36 percent from 4.40 percent; five-year [...]
August 2009 Nashville Real Estate Market Analysis
September 11, 2009 by admin · Comments
The Middle Tennessee MLS (Realtracs) just released August 2009 stats. The following graph and analysis are based upon the residential single family homes and condos market only. As you may recall in July, closings and prices increased while total inventory was on the fall. Did August continue to buck the national trend or is it time for [...]
Grant Hammond is the foremost downtown Nashville real estate market expert and condo guru. Having represented more than 125 individual pre-construction condo buyers in just the past 3 years, he has the expertise and connections to secure deals on Nashville real estate. Hammond has guided more than $215 million in real estate deals since 2002. Hammond holds a Tennessee broker license, an ABR and e-PRO designation and has received more than 27 real estate awards.
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