30-Year Mortgage Rates Fall Below 5%
30-Year Mortgage Rates Slide Below 5% Long-term mortgage rates fell for the third straight week, pushing the average rate on 30-year fixed home loans below 5 percent again, according to Freddie Mac. This week, average interest on 30-year mortgages was 4.99 percent,...
FHA Changes (not as bad as I feared)
FHA Changes (not as bad as I feared) I blogged several weeks ago about impending FHA changes. There was rampant rumoring that the down-payment requirement might jump from 3.5% up to 5%. Well, yesterday FHA commissioner David Sterns finally announced the official...
Introducing Germantown Station | Urban Homes in 37208
Core Development has launched their latest development called Germantown Station. Located at 4th Ave N & Van Buren St. in Historic Germantown, this community has 15 single-family Craftsman-style bungalows and two townhomes located just up the street from City...
SOLD!: 2624 Welshcrest Drive, Antioch TN 37013
For Sale: 2624 Welshcrest Drive, Antioch TN 37013 MLS 1146373 3/4 Bedrooms 2.5 Baths Formal Living, Formal Dining + Den 2 Car Garage Master on Main Best price-per-foot in Cambridge Forest Photo Tour: www.2624Welshcrest.info
Ask Me About: 579 Castlegate Dr. Nashville TN 37217
579 Castlegate Dr. Nashville TN, 37217 MLS# 1146359 2 Bedrooms 1.5 Baths 1140 Square Feet Stainless Appliance Fully Fenced Zero HOA Fees Photo Tour: www.579Castlegate.info null
East Nashville makes Southern Living’s top 10 Comeback Neighborhoods
East Nashville: Nashville, TN Shorten Your Morning Commute Urban areas on the rebound are just for urban pioneers, right? Don’t tell that to people moving into East Nashville. “We have fewer pioneers and more families moving permanently into the area,” says Josh...
Tennessee offers a ton of Tax Credits for going GREEN.
Want to get greener in 2010? Need new appliances? tri-paned windows? solar water heater? Here's a link to DSIRE - Tennessee's Database of State Incentives for Renewables & Efficiencies. There are fed, state, and local programs that are designed to help the...
Why are Tennesseans so much HAPPIER than New Yorkers? It might have something to do with LOW TAXES.
Are Taxes the Root of Unhappiness? Here's an interesting piece from the NYTimes By ALLYSIA FINLEY Does living in a blue state make people blue? It seems so, according to a new study in Science magazine that ranks states according to their happiness. The study finds...
First Time Homebuyer Tax Credit Extension – April 30th 2010
Homebuyer Tax Credit Buy a home and you get a tax break! Now Through April 30, 2010 Qualified first-time home buyers can receive a credit of up to $8,000. Qualified repeat buyers can receive a credit of up to $6,500. DON’T MISS THIS OPPORTUNITY! Am I Eligible?...
Thinking of Selling? FORBES urges homeowners to list now – don’t wait until Spring.
Homeowners should buck the conventional wisdom about selling in the spring. The Best Time Of Year To Sell A Home Putting a home on the market in this grim real-estate climate might seem like lunacy considering how heavily the market favors buyers. Home prices are down...
BofA has a super-cool new First Time Buyer Loan Guide. Two thumbs up!
Bank of America has recently instituted on their website one of the best first-time buyer tools I’ve ever seen. Their new interactive Home Loan Guide takes perspective buyers on a tour through the entire loan process from start to finish in an entertaining and...
Home Renovating Doesn’t Pay Off Like It Used To….
Thinking of renovating your home? Upgrades are bringing less and less according to the following article by CNNmoney: By Les Christie, staff writerDecember 19, 2009: 8:57 AM ET NEW YORK (CNNMoney.com) -- Home remodelers are getting less bang for their bucks. For the...
STAR POWER: Midtown’s Adelicia provides a shining light for other developments to follow.
*reprinted from the November 2009 issue of Nashville Lifestyles. www.NashvilleLifestyles.com -by StacieStandifer* While there's been a great deal of speculation recently about the whole high-rise and condominium market, at least one building has paved the way for...
New York City’s Smallest Apartment – $150K for 175 Sq Ft
New York City’s Smallest Apartment - $150K for 175 Sq Ft.
FHA Outlook 2010. Looser Condo Guidelines, But Higher Costs And Higher Down-Payments May Be Coming.
HUD's Federal Housing Administration (FHA) has temporarily lowered their "pre-sold" guidelines in new construction condominium buildings from 50% to 30%. This is excellent news to developers with empty inventory. The new rule went into effect yesterday and will...
Auction Results for The West End – Nashville Luxury Condo Liquidation
Just want to give you the disposition on the results of the auction yesterday. It was a great day for buyers and a stressful day for the developer. There were 45 units to be auctioned. At the end of the day, 38 units sold at auction and four others sold before and...
Rates at Record Lows!
Freddie Mac released the results of its Primary Mortgage Market Survey last week in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending November 25, 2009, down from the prior week when it averaged 4.83...
The West End, a luxury Nashville condo development, to auction 45 units. Some absolute!
Going Once, Going, Twice...... Sold? What's next on the condo chopping block? The West End luxury condominiums located at the corner of 31st/Blakemore & West End Avenue. I've been reluctant to speculate about this auction, frankly, because there isn't that much...
Terrazzo Continues Auction Pricing for a Limited Time
Call me at 615-554-3745 for a complete list of auction sale prices or to schedule a private preview. Terrazzo is Fannie Mae approved with multiple financing options.
Terrazzo Auction Results – SOLD! (well, mostly)
So I've just returned home from the much-advertised Terrazzo auction. Being a first-time event for our urban condos market, many were skeptical. Reserve pricing had been advertised from about $190 per square foot (approximately a 50% discount from recent asking...