Steve Jolly - The REO Expert for Greater Nashville

The median home price fell 10.6 percent from a year ago to $169,900 in May in the Nashville area, the Greater Nashville Association of Realtors said this afternoon. Sales for homes, condos and land also stayed down, as they had been for much of the year, falling 28.9 percent from a year ago to 1,783 sales last month. Despite signs that pending ...

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. Nashville is ranked 29 of the 50 largest cities by percentage of listings with price ...

Data through March 2009, released Tuesday by Standard & Poor's, show the U.S. National Home Price Index continues to set record declines, a trend that began in late 2007 and prevailed throughout 2008. The company said residential real estate depreciation continued at a steady pace into March, with the overall index dropping 7.5 percent ...