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Signed contracts to buy US homes rise to 18-month high

WASHINGTON (AP) — The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year.

The National Association of Realtors said Friday that its seasonally adjusted pending home sales index increased 1.7 percent to 104.2 last […]

By |February 28th, 2015|National RE News|Comments Off on Signed contracts to buy US homes rise to 18-month high

Busting first-time homebuyer myths

(BPT) – When buying a first home, most people are making one of the biggest purchases of their lives. Without home buying experience, it’s hard to separate fact from fiction.

“Buying a first home can be exciting and stressful for most young buyers, especially the financing process,” says Clete Thompson, vice president at imortgage, […]

By |February 28th, 2015|National RE News|Comments Off on Busting first-time homebuyer myths

Medical District apartment building sells for about $1M

Grace Development has paid $1.075 million for a 16-unit modernist apartment building located off Elliston Place near the Medical District, accordign to Metro documents…

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Nashville Post

By |February 28th, 2015|National RE News|Comments Off on Medical District apartment building sells for about $1M

Commission approves rezoning for Elliston Place project

The Metro Planning Commission on Thursday passed on consent Grace Development’s request for a specific plan rezoning related to the proposed Grace at Elliston.

The Nashville-based company, which recently submitted site plan images (see top image below) to the Metro Planning Department hopes to develop an 18-story mixed-use building with 300 apartments on Elliston Place…

By |February 28th, 2015|Nashville RE News|Comments Off on Commission approves rezoning for Elliston Place project

Work to start on Edgehill-area residential project

Nashville-based Evergreen Real Estate is ready to begin demolition of multiple nondescript duplexes located on Archer Street a few blocks south of the Gulch, signaling the beginning of the boutique development company’s residential project Archer at 12th….

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Nashville Post

By |February 28th, 2015|Nashville RE News|Comments Off on Work to start on Edgehill-area residential project

Is Your Home Listed Too High??

Our home has been on the market for about four months now and we’ve had no offers. We’ve had about 20 showings and most of the feedback has been positive. No one has said that it is overpriced. My question to you is what else can we do to get the place sold without spending […]

By |February 27th, 2015|National RE News|Comments Off on Is Your Home Listed Too High??

49 Homes Planned Near the Gulch in Nashville

Evergreen Real Estate has paid $2.7 million for 2.5 acres off 12th Avenue South where the company plans to build 49 detached single-family homes.

Demolition should begin soon on several triplexes on the property to make way for the project being called Archer at 12th. The first homes should be available early next year, said Hunter […]

By |February 27th, 2015|Nashville RE News|Comments Off on 49 Homes Planned Near the Gulch in Nashville

Pending home sales at highest level since 2013

January may have been a weak month for home sales, but it was a strong month for contract signings.

Pending home sales jumped to their highest level since August 2013, according to the National Association of Realtors. The group’s Pending Home Sales Index, which is based on contract signings, rose from 102.5 in December to […]

By |February 27th, 2015|National RE News|Comments Off on Pending home sales at highest level since 2013

Bloomberg: Low-rate environment helps banking, housing (Video)

Link to Video

Nashville Biz Journal

By |February 27th, 2015|National RE News|Comments Off on Bloomberg: Low-rate environment helps banking, housing (Video)