Cash buyers make up 30% of market nationally

by | Jun 22, 2011 | Matt's Anecdotes

I reported this fact back in February/March–but according to this article: http://www.usatoday.com/money/economy/housing/2011-06-21-all-cash-buyers-scoop-up-homes_n.htm It is a trend that has remained in place. People with money are recognizing that right now is...

Springtime Analysis of Eastwood Neighbors

by | Jun 17, 2011 | Neighborhoods

Comparison of the real estate market in East Nashville’s “Eastwood Neighbors” in March/April/May in both 2010 and 2011. 2010: 8 closings 20 houses withdrawn or expired from the market Ave sales price–$255,662 68 days on market 2011: 8 closings...

The Mortgage Forgiveness Debt Relief Act

by | Jun 3, 2011 | Matt's Anecdotes

Many people don’t realize that if they go through a short sale or foreclosure that the forgiven debt from their mortgage “could” be a taxable event. In the opening salvos of the housing meltdown, I remember hearing OUTRAGE that someone who bought an...