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4th and Monroe Condos to Become Rentals
December 29, 2010|by Grant Hammond|Blog, Featured, Rentals
Nashville, TN December 27, 2010 - Starkville, MS based Cadence Bank has sold the 4th and Monroe condo development to Nashten, LLC for $3.0 million. Nashten’s purchase comes almost exactly one year...
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FHA Condominium Recertification May Hurt Condo Sales
December 3, 2010|by Grant Hammond|Blog, Condos, Featured
08/23/10 HUD issued updated/revised processing requirements for recertifying FHA approved condominium projects that expire 12/07/10. In this same document HUD mandated that all projects which received approval prior to October...
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Encore Condos Holds Open House 12-4-10
November 24, 2010|by Grant Hammond|Blog, Condos, Featured
The Encore condos sales team is holding what very well may be the last developer open house on December 4th, 2010 from 1 - 4pm. As of November 15th, the Encore...
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Nashville Condo Inventory Absorption Study
November 18, 2010|by Grant Hammond|Blog, Condos, Featured
The below line graph is a rather simple analysis that reveals the number months required to clear the market of all current inventory. To arrive at the absorption calculation, I...
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Icon Condo Absorption Analysis in Nashville
November 15, 2010|by Grant Hammond|Blog, Condos, Featured
An interesting question was posed to me this morning, it’s a question that led me to a simple ‘back of the napkin’ analysis that I’d like to show to you....
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Nashville Real Estate Data October 2010
November 11, 2010|by Grant Hammond|Blog, Featured, Homes
There were 1,495 home closings in Nashville reported for the month of October 2010, according to figures provided by GNAR. This figure is down 30.3% from the 2,145 closings reported...
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