Home Prices Slide in Nashville Area
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 -...
continue readingHome Sales for Nashville, TN – December 2008
There were 1,422 closings during the month of December, which represents a 32.5% decrease form the 2,109 closings in the same period last year. Fourth quarter closings were 4,413, down...
continue readingMortgage Rates Set Another New Low
Freddie Mac’s Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage (FRM) averaging 5.10% with an average 0.7 point for the week ending December 31, 2008, down from the previous...
continue readingVisual Guide to the Financial Crisis
Thanks to Mint.com for putting together one of the better visual guides to what caused the current economic downtown. It is a very interesting flow chart look into all of...
continue readingFewer Families Relocated in 2008
RISMeadia states: Data from the U.S. Census Bureau indicates that only 12% of Americans changed residences in 2008 and 13% the prior year, down from over 20% mobility per year...
continue readingMortgage Rates Drop to 37 Year Lows
In response to the Federal Reserve’s cut in the federal funds rate to near zero, Freddie Mac reports that the 30-year fixed mortgage rate fell to 5.17% during the week...
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