Steve Jolly - The REO Expert for Greater Nashville

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  • Prices Not Following the Increasing Sales Activity

    There were 2,145 home closings reported for the month of April, according to figures provided by the Greater Nashville Association of REALTORS®.  This represents an increase of 33.7 percent from the 1,604 closings reported for April 2009.Year-to-date closings are up compared to last year with 6,337. That is an 18 percent increase compared ...
    Posted to Steven Jolly (Weblog) by 602095 on May 11, 2010
  • 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 58.7 percent from the 1,243 closings reported for the same period last year. Year-to-date ...
    Posted to Steven Jolly (Weblog) by 602095 on December 17, 2009
  • 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 is the first time since October of 2006 that Greater Nashville home sales have recorded and ...
    Posted to Steven Jolly (Weblog) by 602095 on December 7, 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
  • 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
  • Pending Home Sales Up for Three Months in a Row

    Record low mortgage interest rates boosted pending home sales for the third consecutive month, with some benefit now from the first-time buyer tax credit, according to the National Association of Realtors®. The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of ...
    Posted to Steven Jolly (Weblog) by 602095 on June 2, 2009
  • Homeownership Still Pays

    Many Americans have taken a hit to their home equity over the past couple of years, and some may wonder if it’s really the smartest financial decision to own a home. Good news—a recent analysis of Federal Reserve data by the NATIONAL ASSOCIATION OF REALTORS® shows the answer is yes. In comparison with renters, home owners have ...
    Posted to Steven Jolly (Weblog) by 602095 on May 27, 2009