Steve Jolly - The REO Expert for Greater Nashville

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 ...

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 ...

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 ...

The U.S. Department of Housing and Urban Development has announced that the Metropolitan Development and Housing Agency, in a consortium established with The Housing Fund, Urban Housing Solutions, the Woodbine Community Organization and Pinnacle Financial Partners, has been awarded nearly $30.5 million in new funding. Nashville was the only ...

Fannie Mae is offering an incentive for buyers purchasing and closing on a Fannie Mae REO between January 28 and April 30, 2010. The incentive’s goals are to encourage buyers to purchase REO properties and increase the sales volumes to help manage the higher levels of inventory anticipated this year. The incentive is a total of 3.5% of the ...

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 ...

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 ...

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 ...

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 ...

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 foreclosure on the three-building project on Hermitage Avenue.The lenders claims non-payment of a ...