Steve Jolly - The REO Expert for Greater Nashville

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  • Foreclosure Activity Drops 9% in April

    RealtyTrac® reported for April 2010, which shows that foreclosure filings had a 9 percent decrease from the previous month and a 2 percent decrease from April 2009. One in every 387 U.S. housing units received a foreclosure filing during the month. “There were two important milestones in the April numbers that show ...
    Posted to Steven Jolly (Weblog) by 602095 on May 17, 2010
  • 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 for the first quarter of 2010 were 4,192 closings, up 11.4 percent from the 3,762 ...
    Posted to Steven Jolly (Weblog) by 602095 on April 17, 2010
  • Greater Nashville Home Sales Information for January 2010 Activity Has Mixed Results

    There were 1,033 home closings reported for the month of January, according to figures provided by the Greater Nashville Association of REALTORS®. This figure is up 6 percent from the 974 closings reported for the same period last year. “The year has started with positive news for home sales in Greater Nashville,” said GNAR ...
    Posted to Steven Jolly (Weblog) by 602095 on February 9, 2010
  • Nashville Posts Third Straight Month of 2000 Closings

    There were 2,064 home closings reported for the month of August, according to figures provided by the Greater Nashville Association of REALTORS®. This represents an 9.2 percent decrease from the 2,273 closings reported for the same period last year. Year-to-date closings for the Greater Nashville area have decreased 23.8 percent. There were ...
    Posted to Steven Jolly (Weblog) by 602095 on September 17, 2009
  • Strong Gains in Existing Home Sales Drives Market

    For the first time in five years, existing-home sales have increased for four months in a row, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 7.2 percent to a seasonally adjusted annual rate1 of 5.24 million units in July from a level of ...
    Posted to Steven Jolly (Weblog) by 602095 on August 24, 2009
  • 2000+ Closings Again in July

    There were 2,214 home closings reported for the month of July, according to figures provided by the Greater Nashville Association of REALTORS®. This represents an 11 percent decrease from the 2,488 closings reported for the same period last year.Year-to-date closings for the Greater Nashville area are 11,454. That is a decrease of 26 percent ...
    Posted to Steven Jolly (Weblog) by 602095 on August 17, 2009
  • LPS Sees Positive Signs in Housing Market

    Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, announced its release of the July 2009 LPS Mortgage Monitor, an in-depth report of mortgage industry performance indicators based on data collected as of June 30, 2009. Although market conditions ...
    Posted to Steven Jolly (Weblog) by 602095 on July 29, 2009
  • Existing Home Sales Rise for Third Straight Month

    Existing-home sales rose for the third consecutive month with inventory easing and home prices declining less sharply in June, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – increased 3.6 percent to a seasonally adjusted annual rate1 of 4.89 ...
    Posted to Steven Jolly (Weblog) by 602095 on July 29, 2009
  • June Home Sales Shows Improvement in Nashville

    June 2009 is the first time home sales in Greater Nashville have topped 2000 since September 2008.  However we are still had 19.3% fewer closings than last June, according to the Nashville Association of Realtors.  Over the last few months, the market looks positive.  However, prices are still down over last year and the ...
    Posted to Steven Jolly (Weblog) by 602095 on July 10, 2009
  • PMI Expects Falling Home Prices Thru 2011

    PMI Mortgage Insurance Co. said Tuesday that it expects home prices to fall through March of 2011 in most of the nation's largest cities. Based on their Second Quarter 2009 Economic and Real Estate Trends Report released today, 85 percent of the cities are facing increased risk of lower home prices in 2011. The risk is now ...
    Posted to Steven Jolly (Weblog) by 602095 on July 7, 2009
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