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, [...]
Nashville Condo Market Debate Continues
December 13, 2009 by admin · 5 Comments
Recently, an educated rebuttal was posted on my 5 year condo analysis article. This rebuttal had some great points that I have posted in their entirety below. My answers/thoughts follow each point in blue. “An interesting analysis, but I respectfully disagree with your conclusion that now is the best time to buy a condo in [...]
“Shadow Inventory” Adds Time to Nashville Recovery
October 29, 2009 by admin · 4 Comments
According to a recent article in Barrons, there is a growing segment of 7.1 million homes in the US’s “shadow inventory” – more than 15 months worth at the current absorption rate of sales. These are homes and condos that are most likely headed for foreclosure – mortgages that are at least 60 days overdue, of which [...]
Davidson and Williamson County $500k to $1 mil Inventory Analysis
September 1, 2009 by admin · 5 Comments
To summarize the $500,000 – $1,000,000 housing inventory in Davidson County Vs. Williamson County: Davidson County Real Estate Inventory In Davidson County, there are currently 374 homes listed for sale on the market. Over the past 3 months 76 homes have closed in this price range. That means at the current absorption rate, there is 14.76 months of inventory on the [...]
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.
