Nashville Auctions

Mortgage Rates Hits New Record Low

by Grant Hammond|April 7, 2009April 7, 2009|Fixed Rate Mortgages, Freddie Mac, Mortgages, Nashville Auctions, Nashville Homes, Nashville Mortgage Rates

Freddie Mac reports that rates on 30-year mortgages fell to the lowest level on record for the second consecutive week. This week, average rates on 30-year fixed-rate mortgages declined to...

Landmark Commercial Real Estate Sold Cheap

by Grant Hammond|April 2, 2009April 2, 2009|Commercial Real Estate, Economic Recession, Nashville Auctions

This article entitled “Is the Distressed Sale Price of Boston’s Hancock Tower a Harbinger of Things to Come?” appeared on the National Real Estate Investor website on April the 1st,...

Nashville Mortgage Rates Rise Slightly

by Grant Hammond|March 10, 2009March 10, 2009|Fixed Rate Mortgages, Freddie Mac, Nashville Auctions, Nashville Condos, Nashville Housing Market

Freddie Mac reports that interest on 30-year, fixed rate mortgages rose to an average of 5.15 percent this past week, up from 5.07 percent a week earlier. Mortgage rates increased...

Short Sales, REO, and Foreclosures Rise in Nashville

by Grant Hammond|February 14, 2009February 14, 2009|Foreclosures, HUD, Nashville Auctions, REO, Short Sales

A new article by Marylyn Schwartz on RisMedia’s website addresses a topic that’s inescapable in the current economic downturn: short sales. Ms. Schwartz interviews an experienced attorney, Rick Cowle, about...

January Home Sales Numbers For Nashville

by Grant Hammond|February 10, 2009February 10, 2009|Home Sales, Nashville Auctions, Nashville Homes, Nashville Housing Market

For the first time since 1994, there were less than 1,000 closings in Nashville during the month of January. Only 984 properties closed during the month, a 40% decline from...