This chart from my friend Mark Neely over at CMG Financial really puts today’s interest rates into perspective. If you are thinking about buying a home this year, contact Mark today.
I love this infographic from AHS and Realtor.org depicting the age of US housing stock. I can’t say for sure, but this feels pretty representative of Nashville housing stock as well. I actually think we’d have more in the 1940-1959 band (Donelson, Bellevue, West Meade, Crieve Hall, Charlotte Park, etc.) and less construction in the […]
According to GNAR there were 3,324 homes sold in the month of June. That figure is up 9.4 percent compared to the 3,038 closings reported for June 2013. Second-quarter numbers are up, with 9,170 closings reported, a 3.3 percent increase from the 8,879 closings reported through the second quarter of 2013. Year-to-date closings for […]
According to GNAR there were 3,079 home closings reported for the month of May. This represents a .6 percent increase from the 3,061 closings reported for May 2013. Year-to-date closings are 12,012. That total is up 1.6 percent from the 11,821 closings reported through the same period last year. “Year-over-year sales are up slightly. Median […]
If you are considering purchasing a home in Nashville anytime soon, you will need to have a mortgage pre-approval letter in hand at the time an offer is submitted. While it isn’t technically required, sellers and listing agents will not take your offer seriously without one. Not only that, it will forge a stronger relationship with […]
According to GNAR there were 2,767 home closings reported for the month of April. This represents a decrease of .5 percent from the 2,780 closings reported for April 2013. Year-to-date closings are up compared to 2013 with 8,933. That is a 2 percent increasecompared to the 8,760 closings reported through April 2013. “Home sales are down slightly compared to […]
Overpricing a home can make for a challenging transaction. I agree with the strategies presented in these helpful videos. No one want to leave money on the table, but trusting your agent and strategically reviewing the comps can go a long way towards a smooth, swift, profitable home selling experience. The Cost of Testing a High […]
According to GNAR there were 2,530 home closings reported for the month of March 2014. This figure represents a 1.2 percent decrease compared with 2,562 closings in March of 2013. Numbers for the first quarter of 2014 were 6,166 closings, up 3 percent from the 5,980 closings during the first quarter of 2013. […]