Steve Jolly - The REO Expert for Greater Nashville

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• Nashville's Rolling Mill Hill in Default

  Lenders have seized control of another Nashville condo project. The Rolling Mill Hill condominiums were forced into receivership Tuesday by a lawsuit filed by Bank of America on behalf of itself and other lenders. The suit also asks the court to allow Read More... Posted Thursday, June 11, 2009 12:58 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Nashville, REO, Foreclosures, Mortgages, Default

• Nashville Trails Nation in Foreclosure Rate

  The Nashville area foreclosure rate climbed in April but was still below the national average, according to First American CoreLogic, a research firm. The group found the rate of foreclosures rose to .62 percent of outstanding mortages in April, up from Read More... Posted Monday, June 08, 2009 9:01 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Market Conditions, Nashville, REO, Foreclosures

• Nashville Ahead of Nation in Price Reductions

  Trulia announced today that 23.6 percent of current homes on the market in the United States have experienced at least one price cut, totaling $27.4 billion in reductions. The average price-reduced home has seen a listing price reduction of 10.6 percent. Read More... Posted Monday, June 08, 2009 8:45 PM by Steven Jolly | 0 Comments Filed under: Market Conditions, Nashville, REO, Foreclosures, Prices, Trulia, Price Reductions