housing market 2008

Home Sales for Nashville, TN – December 2008
|
Nashville home sales fell 32.5% in December 2008, with lower prices and rising inventory reflecting market contraction.
Mortgage Rates Continue to Soften
|
Nashville mortgage rates fell to 6.04% as borrowing costs softened during a slowing economic environment.
Nashville Mortgage Rate Remain Static
|
Nashville mortgage rates held near 6.10% as markets showed limited movement during the 2008 financial crisis.
National Home Sales are Flat
|
National home sales remained flat during the housing downturn as lending tightened and market activity showed little directional movement.
Bank of America Finalizes Countrywide Purchase
|
Bank of America acquired Countrywide during the housing crisis, becoming the largest U.S. mortgage lender and reshaping lending conditions.
New Plans for Signature Tower in Nashville, TN
|
Signature Tower reduced condo units from 400 to 125 due to financing challenges in 2008.