Nashville real estate update

Nashville real estate market compared to the rest of the country's relatively strong seems to be. A potential weakness in the 2010 April 8, article of the Nashville Business Journal reported by the House prices. Fragments found "Nashville's home prices did not fall release based on the analysis of Fiserv Inc. Thursday, Wisconsin companies by 2011 up to the third quarter down out of Nashville's does not expect housing prices and price level in 2007 will not return until 2018 says." document continue "it is a report history, trend data, and the federal housing finance agency and Moody's economy.com data as well as in the existing home sales price trends, measure the Fiserv Case-Shiller index is based on a prediction is based."

Foreclosure Nashville real estate Center has been in the top, but that figure compress the rest of the country remains very light based. 2010 April 7, according to the article, in addition, the Nashville Business Journal, "the foreclosure rate in the Nashville area today, February rise to the first United States released by CoreLogic depending on the data. According to the data, 1.44% outstanding mortgage foreclosure Nashville Davidson-Murfreesboro Franklin area was in February. Increase rate 0.75% when any impact for February, 2009. Currently 3.17% is still below the national average. "Piece continue" the mortgage delinquency rate also increased in February. According to the first United States Corelogic 90 days or more delinquent ... Mortgage area of 6.05% in "

However, the Nashville homes for sale in the volume of the Tennessean in April of 2010 according to article 9, wooden, increased. Naomi Snyder written piece, "the history of the lowest interest rate, government tax credit to buy a House, the person who is thousands of dollars to keep shoveling Nashville real estate market 22% increase compared with the year before the sale in March with react to. Found a new sense of optimism of sellers more homes for sale, putting, for here the buyer more contract signing housing at least until the summer of brisker pace a lot recently. "

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