Whetstone Subdivision in Brentwood Foreclosed

whetstone brentwood foreclosure

A Brentwood housing development with million-dollar homes, Whetstone, is in foreclosure.

Developers say this is the first major development in Brentwood to go into foreclosure…read the rest of the Brentwood Whetstone foreclosure story

If you found this post interesting, you will also like:
Huge Deal on Foreclosed House in Brentwood
Rolling Mill Hill to Enter Receivership
Buying a Condo at the Icon in the Gulch?
Foreclosure in The Governors Club in Brentwood!

Steve McNair House in Green Hills area Nashville

Steve McNair house in Green Hills area of Nashville
This is the current home of murdered Titan’s quarterback Steve McNair. The home is located at 2430 Bear Road in the Green Hills area of Nashville…read the full Steve McNair home story

If you enjoyed this information, you may also like:
Pictures of Velocity in the Gulch in Nashville
5th and Main Condos in Nashville Survive
May 2009 Nashville Real Estate Market Stats
2 Year Analysis of Nashville Home Prices

Mortgage Loan Rates Unchanged in Nashville

Interest on 30-year fixed mortgages settled at an average of 5.40 percent this past week, reports Freddie Mac, up from 5.38 percent in the previous week and much lower than the prevailing rate of 6.45 percent a year ago. Five-year, hybrid adjustable-rate mortgages…read the entire Nashville mortgage rates update

If you liked this mortgage article, you may also enjoy:
Fixed Rate Mortgages Settle After Sharp Gains
Freddie Mac Reports Rising Mortgage Rates
Mortgage Rates Continue to Soften
Fixed Mortgage Rates Rise Slightly

May 2009 Nashville Real Estate Market Stats

The Middle Tennessee MLS (Realtracs) just released May 2009 stats. The following graph and analysis are based upon the residential single family homes and condos market. As you may recall in April, closings were up almost 65% from January. Did May continue breaking our expectations?

may 2009 nashville real estate market stats

Inventory levels continued a slight rise in May, up 1.2 percent from April and 10.8 percent since January. There were a total of 17,626 active homes and condos in Nashville last month…read the full Nashville real estate market analysis

If you found this article helpful, you may also enjoy:

2 Year Analysis of Nashville Home Prices

analysis of nashville home prices

The above graph shows a median price analysis compared to the average inventory held for the Nashville single family home market since the first quarter of 2007 through the second quarter of 2009. This is market information that I have collected using the official home sales numbers from GNAR and are deemed to be accurate…see the entire analysis of Nashville home prices

If you found this post interesting, you may also like:
2 Year Analysis of Nashville Condo Prices
Federal Tax Credit Used as Down Payment
The Healthiest Housing Markets for 2009
January Home Sales Numbers For Nashville

Nashville Short Sales and Foreclosures

It amazes me how many buyers that do not consider short sales, foreclosures and REO properties when they are looking for a home or condo in Nashville. Part of the problem is that your Realtor probably does not know how to find these properties in the first place, or perhaps they are not sure how to present an offer. Learn how to buy Nashville foreclosures and short sales.

If you found this post helpful, you may also like:
NAR Believes Real Estate Slump Ending
Nashville Tax Assessment Reappraisal Deadline
Nashville Mortgage Rates Continue Record Fall
Another Tax Credit for First Time Home Buyers

Speak Your Mind

*