GREATER NASHVILLE HOME SALES INCREASE 18 PERCENT IN FEBRUARY – PENDING SALES SURPASS 2,000 Press Release by Greater Nashville Association of REALTORS® (March 7, 2013)
NASHVILLE, Tenn. (March 7, 2013) – There were 1,784 home closings reported for the month of February, according to figures provided by the Greater Nashville Association of REALTORS®.
This represents an increase of nearly 18 percent from the 1,515closings reported in February 2012.…Continue
Added by Kenneth Bargers on March 7, 2013 at 1:01pm — No Comments
PREPPING TENNESSEE LAWNS AND AZALEAS FOR SPRING!
March is a terrific time to focus on the maintenance and care of our lawns and Azaleas. Perfect World Landscapes, LLC has kindly provided the following articles to this month’s In The…Continue
Added by Kenneth Bargers on March 1, 2013 at 3:19pm — No Comments
JANUARY PENDING HOME SALES UP IN ALL REGIONS Article by: Daily Real Estate News (February 28, 2013)
Pending home sales rose in January, and have been above year-ago levels for the past 21 months, according to the National Association of REALTORS®. There were healthy monthly gains in all regions but the West, which, despite being constrained by limited inventory, still improved slightly.
The Pending Home Sales Index, a forward-looking…Continue
Added by Kenneth Bargers on February 28, 2013 at 1:16pm — No Comments
NEW-HOME SALES GAIN STEAM
Article by: Daily Real Estate News (February 27, 2013)
Sales of new single-family homes in January rose to its fastest pace since 2008, leading to more confirmation that the…Continue
Added by Kenneth Bargers on February 27, 2013 at 12:17pm — No Comments
GLOZAL's count down for it's release of its consumer listing portal coming September 1, 2012.
With the launch of our new consumer website we will combine Residential and Commercial property listings around the globe. GLOZAL’s new Global Multiple Listing Service…Continue
Article by: National Association of REALTORS®; Daily Real Estate News, Thursday, April 26, 2012
MARCH PENDING HOME SALES RISE, MARKET RECOVERING
Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of REALTORS®.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an…Continue
Added by Kenneth Bargers on April 26, 2012 at 9:08pm — No Comments
Business and Life is Good: Greater Nashville Area!
The Greater Nashville area continues to be a national leader for relocation of businesses and home buyers. The consistent success of our reputation is credited to the joint efforts of our business, community, government and neighborhood leaders.
Janet Miller, Chief Economic Officer, with the Nashville Area Chamber of Commerce has kindly submitted her observations of Business is Good: Nashville Leads…Continue
Added by Kenneth Bargers on April 1, 2012 at 9:59am — No Comments
Article by: Daily Real Estate News (March 23, 2012)
30-Year Mortgage Rates Edge Above 4%
Mortgage rates moved up quite a bit this week, following higher bond yields and improving economic data, Freddie Mac reports in its weekly mortgage market survey.
“Mortgage rates are catching up with increases in U.S. Treasury bond yields, placing the average 30-year fixed mortgage rate above 4 percent for the first time since the end of October 2011,” says…Continue
Added by Kenneth Bargers on March 24, 2012 at 10:25am — No Comments
Article by: Daily Real Estate News (March 21, 2012)
February Existing-Home Sales Slip But Up Strongly From a Year Ago
February existing-home sales declined from an upwardly revised January pace but are well above a year ago, while the median price posted a slight gain, according to the National Association of REALTORS®. Sales were up in the Midwest and South, offset by declines in the Northeast and West.
Total existing-home sales, which are…Continue
Added by Kenneth Bargers on March 21, 2012 at 5:01pm — No Comments
Article by: Daily Real Estate News; March 16, 2012
30-Year Rates Stay Below 4%, Affordability High
Mortgage rates are staying low by historical standards, despite inching slightly higher this week following a positive job report and increasing bond yields, Freddie Mac reports in its weekly mortgage market survey.
“An upbeat employment report for February caused U.S. Treasury bond yields to increase over the week, and mortgage rates followed,”…Continue
Added by Kenneth Bargers on March 16, 2012 at 8:50pm — No Comments
Article by: National Association of Realtors, (January 20, 2012)——————-
DECEMBER EXISTING-HOME SALES SHOW UPTREND
Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above where they were a year ago, according to the National Association of REALTORS®.
The latest monthly data shows total existing-home sales rose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December from…Continue
Added by Kenneth Bargers on January 21, 2012 at 10:22am — No Comments
Article by: “Mortgage Applications Surge on Refinancing Demand,” Reuters (011812); Daily Real Estate News (011812) ————-
MORTGAGE APPLICATIONS SURGE 23%
Record-low mortgage rates sparked a wave in mortgage applications for home purchase and refinancings last week, increasing more than 20 percent in a week, the Mortgage Bankers Association reports.
For the week ending Jan. 13, mortgage applications for refinancing applications jumped 26.4 percent…Continue
Added by Kenneth Bargers on January 18, 2012 at 1:59pm — No Comments
Several recent indicators for the real estate industry are pointing to a market that is on the mend and entering recovery mode.
Housing experts’ predictions for the new year tend to center around a market stabilizing before entering a gradual, albeit very slow, recovery. However, the tone is more upbeat than it has been in years for the housing market.
Here are a few of the signs that are showing the market moving in a more positive direction:
Added by Kenneth Bargers on January 17, 2012 at 7:29pm — No Comments
More households are moving to East Coast states while leaving Rust Belt states — the area in the U.S. between the Midwest and the Northeast — where unemployment remains high, according to the latest Atlas Lines Migration Patterns study, which has tracked the nation’s moves since 1993.
For the fifth year in a row, Washington, D.C., had the highest percentage of inbound moves while Ohio had the highest percentage of residents leaving, or “outbound moves.” Meanwhile, western states…Continue
Added by Kenneth Bargers on January 4, 2012 at 3:08pm — No Comments
Added by Kenneth Bargers on January 2, 2012 at 8:59pm — No Comments
Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of REALTORS®.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 7.3 percent to 100.1 in November from an upwardly revised 93.3 in October and is 5.9 percent above November 2010 when it stood at 94.5. The October upward revision resulted in a 10.4 percent monthly gain.
The last time the index was higher…Continue
Added by Kenneth Bargers on December 29, 2011 at 6:17pm — No Comments
Sales ticked up for existing homes and new homes, several real estate market indicators revealed last week, pointing to a housing market that may finally be entering recovery mode.
In the most recent report, the Census Bureau reported that the new-home market continued its rebound, with sales of new houses once again inching up last month. New-home sales rose 1.6 percent from October to November to an annualized rate of 315,000, and sales were up nearly 10 percent compared to November…Continue
Added by Kenneth Bargers on December 28, 2011 at 10:06am — No Comments
Existing-home sales rose again in November and remain above a year ago, according to the National Association of Realtors®. Also released today were periodic benchmark revisions with downward adjustments to sales and inventory data since 2007, led by a decline in for-sale-by-owners.
Although rebenchmarking resulted in lower adjustments to several years of home sales data, the month-to-month characterization of market conditions did not change. There are no changes to home prices or…Continue
Added by Kenneth Bargers on December 21, 2011 at 3:07pm — No Comments
New-home construction and building permits — a future gauge of construction — surged last month, slowly helping to pull the new-home market out of one of its worst years for home building.
Builders broke ground on more homes in November, a 9.3 percent increase over October, reaching the highest level since April 2010, the Commerce Department reported Tuesday. Year-over-year, new-home starts were up 24.3 percent in November.
Home construction increased to a seasonally adjusted…Continue
Added by Kenneth Bargers on December 20, 2011 at 4:50pm — No Comments
Are the Holidays a Good Time to Sell?
Sixty percent of real estate professionals advise their sellers to list a home during the holidays because it’s a good time to sell, according to a new survey conducted by Realtor.com.
Why are the holidays such a good time to sell? Seventy-nine percent of the agents surveyed said that more serious buyers come out during the holidays, and 61 percent say less competition from other properties make it a great time to sell.…Continue
Added by Kenneth Bargers on December 5, 2011 at 1:52pm — No Comments