Nashville September Home Sales Go Up Double

In the month of September 3,444 home sales were reported.  According to Greater Nashville Association of Realtors that is a 10.3 percent increase from September 2014 at 3,122 closings.  September 2014  September 2015 Total Closings  3,122  3,444 Residential  2,541 2,839 Condominium  384  408 Multi-Family  28  21 Farm/Land/Lots  169 176   For the third quarter home sales were 15 percent higher… Read more
Cumberland River Sunset

Nashville Home Sales for August Stay Strong & Steady

August home sales in Nashville this year still trumped 2014!  According to the Greater Nashville Association of REALTORS there were 3,770 closings in the month of August.  This is a 16.7 percent increase over the 3,226 closings for the August of 2014.  At the end of August this year there were 3,647 sales pending compared to 3,062 pending at the… Read more
Nashville 4th of July

July Summer Home Sales Are Still Hot in Nashville

According to reports from the Greater Nashville Realtors Association there were 3,832 home closings in the month of July.  This is a surprising 17.6 percent increase from 3,258 closings reported in July of 2014. At the end of July there were 3,708 home sales pending compared to 3,201 pending sales the same time last year.  The average amount of time… Read more
June-CMA Fest Crowd

Nashville June Home Sales Show It’s Time to Sell

According to stats from the Greater Nashville Association of REALTORS Nashville saw 3,804 homes sold in June.  This is up 14.4 percent compared to June of 2014 with 3,324 closings.   Nashville home sales were the strongest for June since 2005. Comparison of sales for June is:  June 2014  June 2015 Total Closings  3,324  3804 Residential  2753  3177 Condominium  360  425… Read more
bluebonnet forest

2015 Summer Home Sales Kick off With a Big Bang in Nashville

For the Nashville May home sales there were 3,588 closings reported.  According to the Greater Nashville Association of REALTORS this was a 15.6 percent increase from the 3,079 closings reported for May 2014. “The summer is always a hot time for home sales. Middle Tennessee hasn’t seen a month of May this strong since 2007, said Cindy Stanton, GNAR President.… Read more
Cherry Tree - Spring

Nashville Home Sales March Up in 2015

March of 2015 showed a 12 percent increase in home sales over March of 2014 with 2,837 closings this past month. “It is encouraging to see pending sales up over 3,000 units again, especially this early in the year. Our region hasn’t seen this for the month of March since 2007.” Said GNAR President Cindy Stnadon. “Last year we didn’t… Read more
Nashville February Snow

Winter Weather Didn’t Slow Nashville February Home Sales

February of 2015 showed an increase of 12.6 percent in Nashville home sales over February of 2014.  According to figures by the Greater Nashville Association of REALTORS, there were 2,091 home closings in February. “The home sales data for February shows just how strong the Middle Tennessee market has become,” said GNAR President Cindy Stone. “While we have seen many… Read more

Zoning for Jefferson Street Growth Attracts Attention

Jefferson Street continues to attract more interest with investors and developers after the planning of the Capitol View project. This summer the Metro Development and Housing Agency plans to build an apartment (pictured) on Jefferson Street and plans are also underway for Mt. Zion Baptist Church to become The Dream Center, a recreational facility for the community. Plans for Jefferson… Read more
Hello January

January Home Sales Accelerate Into 2015 in Nashville

January of 2015 was the strongest the Nashville area real estate market has had since 2007, according to GNAR President Cindy Stanton, “While our market began making positive strides in 2013, last year was monumental in establishing a stronger foundation for our market.” There were 1,976 home closings in January according to the Greater Nashville Association of REALTORS.  This is… Read more

What will 2015 bring for mortgage rates?

The year ended with low mortgage rates around 3.75%.  It was an excellent year to refinance and additionally new regulations set up for an increasing number of buyers to enter the market. For years now getting a mortgage without near perfect credit and 20% down was extremely tough.  Recently that changed.  Fannie Mae & Freddie Mac have put new lending… Read more