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

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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

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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

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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

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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

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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.

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