by Matt Baggett | Apr 21, 2011 | Matt's Anecdotes
I was speaking with my broker about a cash deal that I negotiated last month. He said that of KW Nashville’s 54 closings in February that 12 were cash deals. That is 22% of sales. That was astounding to me. That emphatically states that people with money are not...
by Matt Baggett | Apr 21, 2011 | Matt's Anecdotes
I was speaking with my broker about a cash deal that I negotiated last month. He said that of KW Nashville’s 54 closings in February that 12 were cash deals. That is 22% of sales. That was astounding to me. That emphatically states that people with money are not...
by Matt Baggett | Apr 19, 2011 | Matt's Anecdotes
Every major price index points to a housing market that has hit bottom and is moving in a positive direction. After thirty months of declining values, homes prices appear to be stable or appreciating in nearly every U.S. market. In August 2010, the median home price...
by Matt Baggett | Apr 8, 2011 | Matt's Anecdotes
How do you know when home prices have hit bottom?….When they start going back up. The time to buy is now.
by Matt Baggett | Apr 5, 2011 | Matt's Anecdotes
The national average on a 30-year fixed rate mortgage dropped to 4.36 in August 2010–lower than it’s been in the past half century. (this is trending upwards today as the rate is 4.75% which is still crazy low–but moving up) Interest rates a year and...
by Matt Baggett | Mar 31, 2011 | Matt's Anecdotes
Speaking with my broker this morning and discussing a recent sale I had involving a cash buyer–he mentioned that of Keller Williams Nashville’s closings in February, 12 of the 54 closings were CASH money sales. That means for our market center, 22% of...
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