Huge Deal on Foreclosed House in Brentwood

April 13, 2009 by admin · 5 Comments 

This house in Brentwood was forclosed upon last month and is located in the best school system in Williamson County. The house itself is a 4 bed, 3.5 bath, 3 car 4,644 square foot contemporary home with hardwood floors, upgraded carpet and granite countertops. More importantly, it sold for $763,000 in 2007 and is now [...]

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% [...]

Mortgage Rates Drop, Again

November 19, 2008 by admin · Leave a Comment 

Freddie Mac reports that the (average national) 30-year fixed mortgage rate dropped to 6.14% during the week ended Nov. 13 from 6.20% the prior week, marking the second consecutive weekly decline. The 15-year fixed mortgage rate fell to 5.81% from 5.88%, while the five-year adjustable mortgage rate slipped to 5.98% from 6.19%. However, the one-year [...]

30-Year Rates are Lowest Since 2005!

January 21, 2008 by admin · Leave a Comment 

It appears that Christmas has come a month late! Long-term mortgage rates remain in a downward pattern, registering the third week in a row of declining interest. According to Freddie Mac’s numbers, average interest on 30-year fixed loans settled the week at 5.69% – the lowest level since July 2005. Rates for 15-year fixed mortgages [...]

Remarkable Homes Team Now Has Corporate Housing

December 20, 2007 by admin · 1 Comment 

The Remarkable Homes Team is proud to release our new Nashville Corporate Housing program that features brand new condos in urban core of Nashville. In 2008, we will release 8 condos in the Encore, 6 condos in the Icon, 4 condos in the Viridian, 4 flats in District Lofts, and 4 townhomes in Madison Square [...]

The Media Vs. The Real Estate Market

November 11, 2007 by admin · Leave a Comment 

With all of the doom and gloom on the nightly news, this question has to be asked: Is the news media creating an artificially bad real estate market? Is the news media at least responsible for making a bad situation worse? I believe that the answer has to be a resounding yes. Let me start [...]

Nashville Mortgage Rates Remain Low

September 21, 2007 by admin · Leave a Comment 

Freddie Mac reported a small jump in the 30-year fixed mortgage rate to 6.34% on Friday from 6.31% a week earlier, which is still less than the year-earlier rate of 6.40%. Meanwhile, the one-year adjustable mortgage rate dropped slightly to 5.65% from 5.66% over the same period. Freddie Mac chief economist Frank Nothaft expects the [...]

Mortgage Rate Remain Steady

July 25, 2007 by admin · Leave a Comment 

The 30-year fixed mortgage rate held steady at 6.73% last week, which Freddie Mac chief economist Frank Nothaft attributes to recent economic data failing to have any impact on inflation forecasts. The five-year adjustable Nashville mortgage rate also stayed firm, averaging 6.35%. The 15-year fixed mortgage rate slipped a notch to 6.38% from 6.39%, while [...]

New Commercial Real Estate Services For Investors

July 20, 2007 by admin · Leave a Comment 

The Remarkable Homes Team is very proud to announce our new dedicated service for Nashville commercial real estate investors serving the entire middle Tennessee area. This service is headed by Mr. Todd McCalla of Cumberland Commercial Partners in an exclusive partnership with the Remarkable Homes residential Team. This service is designed to guide the commercial [...]

Mortgage Rates Rise After 3 Weeks of Decline

July 15, 2007 by admin · Leave a Comment 

Freddie Mac reported an increase in the 30-year fixed mortgage rate to 6.73% on Friday from 6.63% a week earlier, with chief economist Frank Nothaft expecting the benchmark to remain at or near this level for the remainder of the year. The 15-year Nashville mortgage rate edged up to 6.39% from 6.3% over the same [...]

Mortage Rates Drop for Third Week in a Row

July 9, 2007 by admin · Leave a Comment 

Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 6.62% with an average 0.4 point for the week ending July 3, 2007, down from the previous week when it averaged 6.67%. Last year at this time, the 30-year FRM averaged 6.79%. With the Nashville real estate market turning from a seller’s [...]

Mortgage Rates Rise Again, More Sharply

June 15, 2007 by admin · Leave a Comment 

Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 6.74% with an average 0.4 point for the week ending June 14, 2007, up from the previous week when it averaged 6.53%. Last year at this time, the 30-year FRM averaged 6.63%. The 30-year FRM has not been higher since the week [...]