Steve Jolly - The REO Expert for Greater Nashville

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• Tax Credit Deadline Drives Nashville Area Home Sales

  There were 1,851 home closings reported for the month of March 2010, according to figures provided by the Greater Nashville Association of REALTORS®. This figure represents a 21.6 percent increase compared with 1,521 closings in March of 2009. Numbers Read More... Posted Saturday, April 17, 2010 8:47 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Market Trends, Nashville, Tax Credit

• Tax Credit Continues to Stimulate Home Sales in November

  First-time homebuyers taking advantage of tax credit continue to stimulate sales There were 1,973 home closings reported for the month of November, according to figures provided by the Greater Nashville Association of REALTORS®. This figure is up Read More... Posted Thursday, December 17, 2009 6:08 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Market Conditions, Realtors, NAR, Tax Credit

• Nashville Home Sales Increase Due to Tax Credit

  There were 2,145 home closings reported for the month of October, according to figures provided by the Greater Nashville Association of REALTORS®. This figure is up 22.7 percent from the 1,748 closings reported for the same period last year. This Read More... Posted Monday, December 07, 2009 11:36 AM by Steven Jolly | 0 Comments Filed under: Real Estate, NAR, Tax Credit

• $8,000 Tax Credit Drives Existing Home Sales

  The National Association of Realtors®.reports that the sales of existing homes showed another gain in May, benefiting from the first-time buyer tax credit, May’s increase was the first back-to-back monthly gain since September 2005. Lawrence Read More... Posted Wednesday, June 24, 2009 9:17 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Market Conditions, Market Trends, Tax Credit, $8000

• THDA Develops Product for $8,000 Tax Credit

  HUD recently announced a program authorizing FHA-approved lenders to develop bridge-loan products allowing first-time homebuyers to apply the $8,000 tax credit towards their closing costs, buying down their interest rate, or contributing more than the Read More... Posted Thursday, June 04, 2009 3:36 PM by Steven Jolly | 0 Comments Filed under: Mortgages, Tax Credit, $8000, FHA, THDA

• HUD to allow quicker access to the $8,000 Homebuyer Tax Credit

  In a speech before the National Association of Home Builders (NAHB) Board of Directors, HUD Secretary Shaun Donovan today unveiled new rules that will help spur the housing market by allowing consumers to use the $8,000 first-time home buyer tax credit Read More... Posted Tuesday, June 02, 2009 4:29 PM by Steven Jolly | 0 Comments Filed under: Real Estate, Mortgages, Sales, Tax Credit, HUD, $8000