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Average US rate on 30-year mortgage slips to 3.97 percent

WASHINGTON (AP) — Average long-term U.S. mortgage rates were mixed this week, with the key 30-year rate slipping back under the 4 percent mark.

Mortgage buyer Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage declined to 3.97 percent from 4.01 percent a week earlier. That rate has risen from its 3.73 percent […]

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Residential project slated for West Nashville

A 37-unit residential development is slated for 14 acres in West Nashville.

The Tennessean reports that the development will include single-family homes and town homes off Robertson Road. The property is currently owned by a family that includes Gina Emmanuel, of Centric Architecture. MiKeN Development LLC will coordinate the development, according to […]

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Charlotte developer pays $27M for rare Cool Springs development site

On the third try, one of the few remaining development sites in the Cool Springs commercial hub has gained a new owner.

For $27 million cash, an affiliate of Northwood Investors LLC purchased a 45-acre property named Northside at McEwen on Jan. 6. The land is located across from the Whole Foods […]

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It’s official: 2015 was the best year for Nashville home sales in nearly a decade

After falling in November, home sales in Nashville surged last month, helping top off a strong year for the region.

The Greater Nashville Association of Realtors announced today that there were 3,194 closings in December, up 12.5 percent compared to December 2014. In November, home sales were down 3.1 percent compared to […]

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