Rates are edging up

by | Apr 7, 2011 | Reports

Below is a graph sent by a lender I work with regularly. Rates for 30 year fixed have been in the 4’s for quite a long time and they’ve been warning that they will edge up. Well today I see that the 30 year fixed has hit 5% (still historically low). as of...

Buyers have the EDGE!

by | Mar 29, 2011 | Matt's Anecdotes, Reports

According to Lawrence Yun, chief economist from the National Association of Realtors, “Home buyers over the past year got a great deal, and buyers for the balance of this year have an edge over sellers. Affordability could reach a generational high in the second...

Lockeland Springs Absorption Rate

by | Mar 16, 2011 | Reports

The Absorption Rate is the study of how many months supply of housing is currently on the market in a given market area. Today I am studying East Nashville’s Lockeland Springs, 37206’s premier neighborhood (well among a few others too). Currently in the...