The Nashville real estate market, like many markets in the South, has experienced a severe repositioning since the onslaught of the U.S. financial collapse and resulting recession. Over the past couple of years, the market has experienced declines in home prices, lower sales volume, higher inventory and more foreclosures as homeowners grapple with the effects [...]
Entries Tagged as 'Tennessee'
Nashville real estate market
November 18th, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
real estate news in Knoxville
November 6th, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
Like so many real estate markets across the country, real estate in Knoxville has taken a hit since the onset of the financial crisis and the blowup from the subprime mortgage crisis burst the housing market bubble across the nation. The Knoxville real estate market began to see signs this summer that the worst was [...]
Memphis real estate news
October 27th, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
A market situated in a hard-hit area of the country, Memphis real estate has taken a slight beating in terms of volume since the beginning of the U.S. subprime mortgage crisis and subsequent financial crisis and recession. Monthly sales volume in Memphis is down 19.4%, more than the U.S. and Tennessee averages of 14.8 and [...]
Chattanooga real estate news
October 19th, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
As so many other markets nationwide, the Chattanooga real estate market has suffered in recent years. The area has seen home sales prices fall 2.2% over the past five years, though this figure is much less than many of the other harder-hit market sin the country. In October 2009, according to data available on Yahoo, [...]
Tennessee real estate market update
July 26th, 2009 · No Comments · Real Estate Markets
The Tennessee Real Estate Market has been and continues to be relatively lucky in terms of the effects of the sub-prime mortgage market and overall economic recession. According to a July report by the California company RealtyTrac, Incorporated, Tennessee was below the median rate of foreclosures during the second quarter of 2009, which consists of [...]