Slight Drop in Nashville Mortgage Rates
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 4.82 percent during the week ended April 16 from 4.87 percent the prior week, while interest on 15-year...
continue readingNashville Real Estate Market Report | February 2009
||Foreclosures, Home Sales, Home Values, Nashville Condos, Nashville Housing Market, Nashville Real Estate
There were 1,267 home closings reported for the month of February, according to figures provided by the Greater Nashville Association of Realtors®. This represents a decrease of 33 percent from...
continue readingMultifamily Housing Starts Unexpectedly Surge
According to CNNMoney.com: February's 22% overall housing increase was driven by a nearly 80% increase in construction of multi-family homes. New construction of buildings with 5 or more units increased...
continue readingNashville Mortgage Rates Rise Slightly
Freddie Mac reports that interest on 30-year, fixed rate mortgages rose to an average of 5.15 percent this past week, up from 5.07 percent a week earlier. Mortgage rates increased...
continue readingThe Healthiest Housing Markets for 2009
From a recent article on Builder.com:11. Nashville, Tennessee2008 total building permits: 8,142Nashville, the 20th largest home building market in the US, operated under the radar of the national housing boom....
continue readingJanuary Home Sales Numbers For Nashville
For the first time since 1994, there were less than 1,000 closings in Nashville during the month of January. Only 984 properties closed during the month, a 40% decline from...
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