2011 Most Read Real Estate Articles & Pages

December 29, 2011 by admin · 6 Comments 

Looking through my website’s statistical data is so much like Christmas morning that I could hardly sleep last night knowing that I was going to find out which articles and pages were the most visited of 2011. It has been a banner year for GrantHammond.com, I recorded 186,189 visits to the site with 123,705 of [...]

Nashville Real Estate Closings Up, Pendings Fall

June 10, 2010 by admin · 1 Comment 

If you were one of those drum beating, forever optimistic, ‘buy now or miss the deal of a lifetime’ type of real estate agents, this is what you might spin this month: Nashville home sales up an astounding 25.8 percent in May. You may also write: Year-to-date Nashville closings are up 20.4 percent through the [...]

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 [...]

What Happens to the Nashville Market Post Flood?

May 4, 2010 by admin · 13 Comments 

If the flooding caused by Hurricane Katrina in New Orleans was any indication, Nashville real estate prices will rise in the coming months. I realize that this statement may appear counterintuitive in the wake of such devastation, but the underlying fundamentals of a capital market remain unaffected, the simple laws of supply and demand dictate [...]

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 [...]

Video: 10 Biggest Mistakes Home Sellers Make

March 2, 2010 by admin · 2 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 · 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 [...]

Jimmy Franks Sells Franklin Mansion to Kenny Chesney

February 26, 2010 by admin · 6 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 · 10 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 · 5 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 [...]

John Rich Buys Seanachie Irish Pub in Nashville

February 17, 2010 by admin · 11 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 · 12 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. [...]