Steve Jolly - The REO Expert for Greater Nashville

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 ...

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 Yun, NAR chief economist, stated “Historically low mortgage interest rates ...