The Nashville Life

Nashville Landmark Photos

Fri, 24 Feb 2012 17:34:00 -0800

Acklen Park - West End | MoveInNashville Blog

Fri, 24 Feb 2012 04:34:00 -0800

The original Acklen Park entrance gate as seen below in the illustration at West End Avenue and Acklen Park Drive. This photo is dated back to the Early 1890's when this beautiful new residential area known as West End or "Acklen Park". Developed by the West End Land Co, the private residential park situated on 140 acres between West Wend and the

railroad track, had four gates, the main one, complete with stone porter's lodge, on West End at the present Acklen Park Drive.

I spent some time with Courtney Nunnally the owner of the Acklen Park Cafe today. She offered me some really great home made cookies as we shared conversation about the neighborhood and one another's others love for good eats. I highly recommend stopping in the cafe and saying hello to Courtney for breakfast or lunch if your in the area or new to the neighborhood. Acklen Park Cafe and its simplicity is a benchmark reminding the west end community about the history of the park in the midst of high lights of fine corporate restaurants.

Today West End Park is a charming, urban residential area characterized by early- to mid-20th century single-family residences and multi-family units representing a range of architectural styles. West End Park offers convenient access to Nashville's best restaurants, entertainment, shopping, offices and hospitals. It is also adjacent to two of Nashville's most beautiful and distinctive landmarks, the Parthenon in Centennial Park and Vanderbilt University.

Urban living is becoming increasingly popular in Nashville, particularly in the area in
Midtown at West End and 31st Avenue North, which appears to have the highest concentration of luxury condominium buildings .... Signs in this neighborhood identify it as "West End Park, Established 1893." Could this be Nashville's original urban neighborhood?

West End and Acklen Park are known as Nashville's most elite urban areas. Tree-line boulevards and complete walk-ability is a huge driving force for their popularity in Nashville. West End Park is a walkable neighborhood and residents of this area can stroll to many fine restaurants for dinner or for an after work cocktail, then to Centennial Dog Park to let their canine companions run free, or Centennial Park for a Movie in the Park. This is a charming area of classic homes, mostly built between 1920 and 1950, where the ambiance and historic character are fiercely protected by strong neighborhood associations.

Blog Post By Pete Prosser Realtor®

Acklen Park - West End Available Homes

6636 Brookmont Ter

Price: $415,000
Beds: 4
Full Baths: 3
City: Nashville
State: Tennessee
Zip: 37205

View more information about this property

1107 Belle Meade Blvd

Price: $900,000
Beds: 5
Full Baths: 3
City: Nashville
State: Tennessee
Zip: 37205

View more information about this property

2014 Fransworth Dr

Price: $1,900,000
Beds: 4
Full Baths: 4
Half Baths: 2
City: Nashville
State: Tennessee
Zip: 37205

View more information about this property

6241 Vosswood Dr

Price: $399,900
Beds: 4
Full Baths: 2
City: Nashville
State: Tennessee
Zip: 37205

View more information about this property

5046 Hill Place Dr

Price: $1,375,000
Beds: 4
Full Baths: 4
Half Baths: 1
City: Nashville
State: Tennessee
Zip: 37205

View more information about this property

1217 Sigler Street

Price: $210,000
Beds: 4
Full Baths: 1
Half Baths: 1
City: Nashville
State: Tennessee
Zip: 37203

View more information about this property

6527 Currywood Dr

Price: $299,000
Beds: 4
Full Baths: 2
City: Nashville
State: Tennessee
Zip: 37205

View more information about this property

136 Kenner Ave

Price: $350,000
Beds: 4
Full Baths: 3
City: Nashville
State: Tennessee
Zip: 37205

View more information about this property

242 Cherokee Rd

Price: $439,500
Beds: 3
Full Baths: 2
City: Nashville
State: Tennessee
Zip: 37205

via blog.moveinnashville.com

Permalink | Leave a comment »

Existing home sales rise - Nashville Business Journal

Thu, 23 Feb 2012 23:31:00 -0800

Housing sales improved in January, with the number of existing home sales rising 4.3 percent from December, the third time in four months existing home sales rose, according to the National Association of Realtors.

The Washington-based trade group says sales of existing homes were up 0.7 percent from a year ago, while inventory, or the number of homes listed for sale, was down 20.6 percent from January 2011.

"The uptrend in home sales is in line with all of the underlying fundamentals - pent-up household formation, record-low mortgage interest rates, bargain home prices, sustained job creation and rising rents," said NAR chief economist Lawrence Yun.

In Nashville, home sales increased 25 percent in January, according to the Greater Nashville Association of Realtors.

The monthly NAR report said 35 percent of sales in January were distressed properties, down from 37 percent a year ago.

Existing home sales in the South were up 3.5 percent from December levels. The biggest increase in sales was in the West, up 8.8 percent from the previous month.

Jeff Clabaugh covers general assignment and provides business coverage for WTOP.

via bizjournals.com

Permalink | Leave a comment »

Piedmont Natural Gas plans 13.5-mile pipeline for southern Davidson County

Thu, 23 Feb 2012 22:56:00 -0800

Some of the most expensive real estate in the Nashville area will be affected when Piedmont Natural Gas begins construction of a new pipeline across a 13.5 mile stretch [1] of southern Davidson County.

Letters dated February 8 [2] went out to residents notifying them of a land survey that Piedmont is going to perform, including land surveying and taking core soil samples. While construction of the pipeline — which will be built mainly within a Tennessee Valley Authority power line easement — does not have a start date yet, the company expects the work to start and finish in 2013. Survey work, right-of-way acquisition and permitting will begin almost immediately.

Piedmont said that the new pipeline is required "to remain in compliance with the new Federal Department of Transportation natural gas pipeline inspection and safety standards."

The new line will run from an existing line near Shire Drive to Piedmont's regulator station near Chickering Road.

Attachment	Size
PiedmontLetter.pdf [2]	62.12 KB
Piedmontarea.pdf [1]	977.32 KB

via nashvillecitypaper.com

Piedmontarea.pdf Download this file

PiedmontLetter.pdf Download this file

Permalink | Leave a comment »

Forbes: Nashville is No. 3 Boom Town in Country

Thu, 23 Feb 2012 22:26:00 -0800

The Economy Forbes: Nashville is No. 3 Boom Town in Country

In a story titled"The Next Big Boom Towns in the U.S.," Forbes magazine cites Nashville as the third, uh, boomiest town in the nation. In the introduction, Joel Kotkin writes:

Perhaps less expected is the No. 3 ranking for Nashville, Tenn. The country music capital, with its low housing prices and pro-business environment, has experienced rapid growth in educated migrants, where it ranks an impressive fourth in terms of percentage growth.

New ethnic groups, such as Latinos and Asians, have doubled in size over the past decade.

Two advantages Nashville and other rising Southern cities like No. 8 Charlotte, N.C., possess are a mild climate and smaller scale. Even with population growth, they do not suffer the persistent transportation bottlenecks that strangle the older growth hubs. At the same time, these cities are building the infrastructure — roads, cultural institutions and airports — critical to future growth.

I wonder if he really meant to say "educated migrants." A migrant is someone who moves regularly in order to find work, especially in harvesting crops. I'm sure we have migrant workers here, but I'm going to go out on a limb and suggest he meant to say "educated immigrants." Call me crazy. Everyone else does.The caption from Nashville's page on the accompanying slide show:

The country music capital, with its low housing prices and pro-business environment, has experienced rapid growth in educated migrants, where it ranks an impressive fourth in terms of percentage growth. New ethnic groups, such as Latinos and Asians, have doubled in size over the past decade. A high quality of life, a vibrant cultural and music scene and a diverse population also make Nashville a desirable place to live.

via nashvillescene.com

Permalink | Leave a comment »

Heartland Place, Lebanon TN | MoveInNashville Blog

Thu, 23 Feb 2012 18:04:00 -0800

Heartland Place, Lebanon TN
By Matthew Caulk on February 23rd, 2012

Currently, I do not have any listings in this neighborhood, however I have had several friends that have lived in this subdivision over the years. I have asked a current owner to be a guest blogger to share why they love living in the Heartland Place Subdivision. The following is their story.

I enjoy living in Heartland place and find this a good neighborhood because it is close enough to town for the convenience but far enough out for the peace and quiet of rual living. We are close to several grocery and drug stores and close enough to 40 for the ease of getting to Nashville for work or entertainment.

My daughter says she likes this neighborhood because the neighbors are friendly and are always willing to lend a hand.My son likes living here because there are several children his age to play with that he also gets to see in school. We are a very eclectic neighborhood with young couples, teenagers, families with elementary school children, and single adults. Since we built here in 2003 we have not encountered any break ins or crime. I recommend this subdivisions to anybody looking to purchase there first home or family looking for a quite nook away from the hustle and bustle of town, but the convince and easy access to local shopping and eateries.

Number of Properties in the Subdivision 34 Average Year Built 2002

Number of Homes (Improvements) 34 Average Age of Home 10

Maximum Building Square Feet 1968 Maximum Lot Size (in acres) 0

Average Square Footage 1267 Average Lot Size (in acres) 0

Subdivision Property CharacteristicsSubdivision Sales Data and History Maximum Sale Price $169,950 Average Property Turnaround 6.34 years Sales Timeframe Within the Last 2 Year 2-5 Years Ago 5-10 Years Ago # of Sales during that period 4 5 23 Average Price $135,075 $143,330 $121,884 Median Price $133,950 $141,900 $122,000

Subdivision Appraisal Values Average Appraised Land $26,000 Median Appraised Land $26,000 Average Appraised Building $105,547 Median Appraised Building $101,200 Average Appraised Value $131,547 Median Appraised Value $127,200

View Larger Map

Spotlight Property For Sale In Heartland Place

125 Sara Cir

Price: $142,000
Beds: 3
Full Baths: 2
Half Baths: 1
City: Lebanon
State: Tennessee
Zip: 37090

View more information about this property

No related posts.

Categories: Neighborhoods, Wilson County Homes
Edit

Comment (0)

Leave a Reply

Click here to cancel reply.

via blog.moveinnashville.com

Permalink | Leave a comment »

2012 HOME SALES BEGIN WITH INCREASE

Thu, 23 Feb 2012 14:42:00 -0800

NASHVILLE, Tenn. (Feb. 9, 2012) – There were 1,377 home closings reported for the month of January, according to figures provided by the Greater Nashville Association of REALTORS®. This figure is up 25 percent from the 1,101 closings reported for the same period last year.

“The New Year has started with positive news for home sales in the Greater Nashville area,” said GNAR President Kendra Cooke. “The data shows a 25 percent increase from 2011. In fact, we had more residential closings in January 2012 then we did total closings in January 2011.

“January home sales have increased each year since 2009, and January also marks the first year-over-year double-digit increase since 2005. So, while it is an encouraging start to the year, it is still a challenging time in the overall real estate market due to more stringent lending standards and governmental challenges. However, new and expanding businesses and a strengthening economy in our region, along with campaigns like “Business is Good” by the Nashville Area Chamber of Commerce give us reason to be positive. ”

JANUARY 2012 Home Sales

A comparison of sales by category for January is:

January 2011 CLOSINGS 1,101 Residential 918 Condominium 117 Multi-Family 16 Farms/Lands/Lots 50

There were 1,615 sales pending at the end of the month, compared with 1,270 pending sales at this time last year. The average number of days on the market for a single-family home was 95 days.

The median residential price for a single-family home during January was $157,500 and for a condominium it was$140,325. This compares with last year’s median residential and condominium prices of $165,500 and $131,500, respectively.

Inventory at the end of January was 17,949, compared with 20,347 in January 2011. The current inventory of properties by category, compared to last year, is:

“The level of inventory has decreased from last
December,” said Cooke. “While sellers typically take their homes off the market toward the end of the year, those same sellers, and new potential sellers, begin to list and relist their homes at the beginning of the new year. So it is likely we’ll see an increase in inventory as we go into the spring and summer months. People considering selling their homes should consult a Realtor about how to prepare and price their property for the best results.”

January 2011 INVENTORY 20,347 Residential 12,595 Condominium 1,922 Multi-Family 361 Farms/Land/Lots 5,469

The Greater Nashville Association of REALTORS® is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville- area property owners. REALTOR® is a registered trademark that may be used only by real estate professionals who are members of the National Association of Realtors and subscribe to its strict code of ethics.

Search TheNashvilleMLS now to find your home!

Permalink | Leave a comment »

Traveling Away From Nashville? Try Singapore Sky Park

Wed, 22 Jun 2011 10:26:00 -0700

Singapore, opened Sky Park June 24 in Singapore, opened a new wonder of the world. " Sky Park " Marina Bay Sands is located on the 200-meter height on the three skyscrapers, as if on three pillars. Here is the most expensive in the world of casinos, bars, restaurants, the largest outdoor swimming pool, 150 meters long and even the Museum of Modern Art .

See the full gallery on Posterous

Permalink | Leave a comment »

Market Report 6-9-2011, Scott Cone, PrimeLending

Thu, 09 Jun 2011 08:55:04 -0700

Another day, another marketing report to let us know what is happening in the economic world out there. Things are still looking good for rates. We are seeing our best levels for the year. The trend is continuing off the jobless claims report and the decline in mortgage applications. We all know that around here business is booming. It is time to take advantage of some negative economic info. Please feel free to call me if I can help in any way. Here is a success story form last month. I picked up a purchase loan on Thursday, May 19^th. The lender that was working on the loan was unable to close it by the contract date. They had been working on the loan since April 5^th. We closed the loan on May 31^st, but had our package out May 27^th. That is a quick turnaround time. Don’t forget about the 3^rd

Thursday Expert Agent Academy this coming Thursday. I have had 7 people already RSVP. Please let me know if you want to learn more from Tim Davis about Success in Real Estate and eat a free delicious lunch. Don’t forget to send your featured listing so that we can showcase it. Have a great day!!!!

Market Report 6-9-2011

Initial jobless claims for the week ending June 4 remained above 400k at 427k, slightly higher than the previous week’s 426k (revised higher from 422k). The four week moving average is still improving, inching down to 424k from 426k. The current moving average is an improvement from May and April, but still disappointing given the average of 393k in March. April’s trade deficit of $43.7 was sharply below the $48.9 bln consensus. The trade deficit unexpectedly narrowed as auto and oil imports dropped and exports rose. This is opening the door for an improved Q2 GDP figure if oil prices do not erode too much consumer spending in the quarter. April wholesale inventories rose .8%, slightly short of expectations of a rise of 1.0%. Sales rose .3% which was well below the +1.4% expectation. The downside surprise for inventories was offset by an upward revision to March. Given the strong rise in March sales neither series gives a serious warning of economic conditions. Mortgage rates are at new year-to-date lows in response to the sharp decline in yields following weaker than expected economic news and ongoing worries regarding EU debt. While prepayment risk is increasing, analysts state that mortgage rate levels need to move closer to 4% in order for the Refi Index and prepayment speeds to increase to the peak levels experienced in late summer and into the fall. For the week ending June 9^th, Freddie Mac reported 30yr fixed mortgage rates declined to 4.49%. Market still remains stable near the best levels this year which is helping us maintain the bullish trend. The weakness today, although limited, has brought us back around the midpoint from yesterday at 123-195(2.96%). We need to hold at these levels for any chance to retest the highs in the coming sessions and push toward 2.88%. Stocks are up around 80 points on the big board, in turn, mtg backs are currently down 4 ticks in the lower coupons. We wouldn’t expect to see better levels unless equities start to trade off. Again, pricing is still around its highest levels, so taking advantage of that is never a bad thing.

Have a wonderful day and good luck!!!!

Thank you,

Permalink | Leave a comment »

Market Report, Scott Cone, PrimeLending

Wed, 08 Jun 2011 12:47:01 -0700

Here is the market report today. The data on the real estate market has been released. This helps to keep the treasuries down thus helping to keep rates down. Rates are fantastic right now. It is a wonderful to buy or refinance.

Market Report 6-8-2011

Today the MBA reported that mortgage applications fell by a slight -0.4% last week. Purchase applications fell by -4.4% week/week and refinance applications gained a modest 1.3% week/week. This is the second straight drop in mortgage applications despite a continued drop in mortgage rates, which have fallen by 60bps since their recent high of 5.14% in February of this year. Accordingly to the MBA, the 30-year fixed rate fell to 4.54% last week from 4.58% the prior week and 4.69% the week before that. The Fed’s Beige Book survey will be released today indicating economic conditions across the country. The markets should be sensitive to any information that indicates weakening consumer spending or a lapse in hiring activity. The markets will also be hoping for a little more background on the extent to which Japanese supply chain disruptions and bad U.S. weather was behind the recent weakness in the economic statistics. Finally, the Treasury has completed its second auction of the week with $21 bln in 10-year T-notes coming in at a high yield of 2.967%. Indirect bidders were a strong 50.6%, with a bid to cover of 3.23 compared to an average 3.09. Overall a very well met auction. The market remains stable near the best levels this year. Daily and Weekly charts are bullish and a break above 123-26(below 2.95%) would even further boost the overall trend.

Have a great day, and don’t forget about the 3^rd

Thursday Expert Agent Academy on June 17^th. Please call me to reserve your seat.

Have a great week!!!

Thank you,

Permalink | Leave a comment »

6 Tips for Dads Raising Daughters

Mon, 06 Jun 2011 17:07:25 -0700

6 Tips for Dads Raising Daughters.pdf Download this file

Permalink | Leave a comment »

Market Report 6-6-2011, Scott Cone, PrimeLending

Mon, 06 Jun 2011 12:23:00 -0700

Here is the market report to start out another great week. There is not much economic data being released this week. It should a quite week, but you never know in this market. Rates have held steady with no increases from the close of last week. This should mean another great week to capitalize on the low rates. Please feel free to call me anytime, 615-566-5822, and don’t forget about our 3^rd

Thursday Agent Academy on June 17^th. Please RSVP. They have been filling up quickly. Enjoy a beautiful Monday!!!!

Market Report 6-6-2011

This week’s economic calendar is fairly light and there were no releases scheduled for today. Tomorrow will bring the JOLTS(Job Openings and Labor Turnover Survey) report and consumer credit numbers, Fed’s Beige Book report on Wednesday, Jobless claims, the trade balance, and wholesale inventories will be released on Thursday, and finally import prices and the monthly budget statement from the federal government are scheduled for Friday. Following last week’s disappointing labor reports, the markets are a little skittish on fears of yet another soft patch on the horizon. Growth has been very weak to begin with, and the spike in commodity and gasoline prices was sufficient to make growth even weaker than the already-expected, below-trend growth. All eyes will be on the JOLTs report, the Beige Book, and the initial jobless claims for signs of more weakness. Tomorrow also starts another round of supply. We will see $32bln in 3yr notes on Tuesday, $21bln of10yr notes on Wednesday, and finally $13bln of 30yr notes on Thursday. I have added Gail’s comments below for more economic data.

Neither bulls nor bears have made a strong showing today. Daily bull trends have shifted slightly back to the neutral side, though Trend intensity should maintain. We will still keep our mark of closing under 3% as a sign of short-term lower rates, and a stop of around 3.06% for a downshift in trend. Look for the market to maintain its neutral stance into tomorrow’s first round of auctions. 10yr is currently trading down 7 at 3.02%, along with mtg backs off a tick or so in the lower coupons.

Again, everyone have a great day!!!!!

Thank you,

Permalink | Leave a comment »

Scott Cone Prime Lending | Market Report for 6-1-2011

Wed, 01 Jun 2011 11:52:03 -0700

Here is the quick and skinny of the matter. The 10 year treasury yield is low, and rates have followed. They are the best rates that we have seen this year. It is an excellent time to refinance or buy a new home. Please feel free to call me anytime with any questions, and for a nice success story, I closed Conforming 30 YR fixed with mortgage insurance in 8 days at the end of May. We just keep pulling off miracles at PrimeLending. One of the larger bank had been working on it since 4/05 and told them that they would not be able to close till the middle of June. We are good and quick. Have a great day!!!

Market Report 6-1-2011

Just a quick note as the market is fast and furious. No need for me to repeat the sour economic data (see below) as it just keeps on commin’. Stocks feel the pain, off 182 points on the Dow. Bonds, notes, and mortgage backs all have willing buyers as preserving capital is the name of the game. With the market back to its lowest levels (best mortgage pricing) since December 2010, the gains will soon meet with solid resistance. The chart below is the 10 year note futures weekly, a time frame that gives us an longer view of its trending action. As you can see, we are looking at a one year time frame. Notice how the bullish trend has pushed within 3/4^th

of a point of the top (low yield best mortgage pricing) set in November 2010. This will, in itself be very good resistance. Now we want to look for oscillator levels to back up our bias. Note how the Relative Strength Index (RSI) is creeping higher at 75. Not at nose bleed levels but close. Next we’ll focus on stochastics (SStoch) which are approaching extremes at 92 over 80. Yet again the level is near a top but has yet to cross. Last but not least is our measure of directional movement (ADX). It is extremely low, giving us a signal of a trend change in the making. None of this is today’s business but should develop over the next 2 months. With all time frames (60 minute, daily, and weekly) nearing extremes, the best part of the rally is in our opinion behind us. That is if what we are seeing in the work Gail has presented below is the worst we will see in this so called “soft patch”. Taking it a step further, prolonged economic deterioration which would include GDP going negative would send us to a new level. We’d put that mark at 2.75% on the 10 year yield. Hard to handicap and that is why picking tops or bottoms when you are trading anything is a difficult and sometimes a frustrating/suicidal mission. Take advantage of the markets cheap money. It may not last long.

Have a great day!!!!!

Thank you,

Permalink | Leave a comment »

Nashville's Top Doctors | Via NashvilleLifestyles.com

Wed, 01 Jun 2011 09:44:00 -0700

via nashvillelifestyles.com

Nashville's Top Doctors

117 of the best physicians in 38 specialties as chosen by their peers
When we think about doctors, all too often our minds drift to the assorted night-time dramas that feature interpersonal relationships, not the fact that at some point in everyone’s lifetime, they really need one—or more. We hate to actually dwell on the notion of getting sick or injured, so few of us take the time to do the research and find the best out there, you know, “just in case.”

Likewise, every few years, Nashville Lifestyles does the legwork for you. We do that by contracting Castle Connolly Ltd., an independent company devoted to producing lists of the country’s top medical professionals—peer-chosen compilations of individuals that shine, even in the exceptional medical community we’re lucky enough to have here in Nashville. You can read more about them and their methodologies at the end of this article, but the 117 doctors we present represent the cream of a remarkable crop.

We like to hope that our readers are never going to be faced with needing a good doctor, fast. But if you are, or one of your loved ones is, then we hope this guide will help you make a good choice.

Permalink | Leave a comment »

Memorial Day 2011 In Remembrance Of Those Who Served | MoveInNashville Blog

Mon, 30 May 2011 14:43:00 -0700

via blog.moveinnashville.com

Permalink | Leave a comment »

High School Profile Page - Newsweek

Sat, 28 May 2011 19:16:00 -0700

Brentwood High School is a public high school located in Brentwood, Tennessee, U.S.A. The school serves the north central section of Williamson County. It serves grades 9-12 and is known state-wide for its achievements in academics, the arts, and athletics. The mission of Brentwood High School is to prepare all students to reach their highest level of achievement in academics, athletics, and the arts. The school was built in 1982 with additions coming in 1987, 1994, 1998, 2000, 2001, 2002, and 2003. On September 1, 2008, $3.8 million was approved with the intent of renovating Brentwood High. What started out as a small public school grew into a large school with a current enrollment of 1,000+ students. The school is accredited by the Southern Association of Colleges and Schools. There are 1,492 students with 378 in the present senior class. The pupil/teacher ratio is 21.7/1. The mascot is the Bruin and the school colors are blue and gold.

via newsweek.com

Brentwood High School is also Ranked the #1 Public High School in the State of Tennessee according to recent ACT Scores.

Brentwood High School students' ACT scores are above the national averages. Class of 2010 amassed more than $1.2 million in cumulative college scholarships.

Brentwood High School posted the highest average of any Williamson County high school with 25.3. Both Page High School and Middle College High School improved upon last year's scores. Page High went from a 21.1 in 2009 to 22.1 in 2010 and Middle College High improved from 18.3 in 2009 to 18.8 in 2010.

Williamson County students will be challenged this year to improve their scores on the ACT exam. The Williamson County Board of Education set forth a goal last year for all Williamson County high schools to average no less than a 24 on the ACT test by the year 2012.

School ACT Composite 2009 ACT Composite 2010
Brentwood High 25.4 25.3

See Homes For Sale in Brentwood Now.

http://bit.ly/BrentwoodHomes

Permalink | Leave a comment »

Market Report, Scott Cone, PrimeLending

Wed, 18 May 2011 11:54:00 -0700

Here is the market report for May 18, 2011. I apologize for not posting for awhile. There was not much news to report, but things could be on the swing. Upward movement on rates could be close. It is a great time to get locked in with our float down option on rates. We are looking forward to the 3^rd Thursday Expert Agent Academy tomorrow. It should be fun. It will be at our office this month. We are having a cookout with games, networking, and listing spotlight. Hope you can make it. Let me know if you have any questions or needs. Have a great day!!!

Market Report 5-18-11

No news this morning yet bond and mortgage back trading pits have been active. Stocks rebounding and 10 year notes at their best levels since last December, coupled with overbought conditions has led to a round of consolidation. Currently, the 10 year note is off 12/32’s to yield 3.16%. For a brief moment early this morning (European trading), we touched 3.09%. Mortgage backs have hung in there well but are also off in sympathy with treasuries, down 8/32’s on the current coupon. Overall, the market needs a breather, time to relieve the overbought condition and allow technical oscillators to catch up ( get back to neutral on the buy/sell side). This is healthy for the market and doesn’t necessarily signal a change in direction. The chart below tells you however that we have violated the uptrend (rally) that has been in place for over 2 months. We will want to pay attention to the futures close (2:00 cst) and the cash close (4:00 cst) to see just where we are on this chart. Any close below current levels will tell you that pricing and yields will need to worsen/go higher to attract investor interest. Nothing huge but just the same you will need to be patient if expecting yesterday’ price. Meanwhile, tell your refi people that the market is fueling the bus. It’s not ready to leave the station (to higher rates) quite yet but just the same, why wait.

Thank you,

Permalink | Leave a comment »

30-Year Fixed Mortgage at Lowest Rate Since December 2010

Fri, 13 May 2011 12:22:20 -0700

Subject: 30-Year Fixed Mortgage at Lowest Rate Since December 2010

Source: Zillow Blog - Real Estate Market Stats, Celebrity Real Estate, and Zillow News

Author: Lauren Riefflin

Mortgage rates

for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.46 percent, down from 4.53 percent at this same time last week. This is the lowest average rate reported on Zillow Mortgage Marketplace in 22 weeks.

The 30-year fixed mortgage rate peaked at 4.55 percent last Thursday, and then fluctuated between 4.42 percent and 4.48 percent for the remainder of the week. The lowest reported 30-year fixed rate prior to this week was 4.5 percent on December 7, 2010.

Additionally, the 15-year fixed mortgage rate this morning was 3.69 percent and for 5/1 ARMs, the rate was 2.92 percent.

What are the rates right now? Check Zillow Mortgage Marketplace for up-to-the-minute mortgage rates for your state.

The Estates of BonBrook Brentwood, TN | MoveInNashville Blog

Sat, 07 May 2011 08:38:00 -0700

The Estates of Bonbrook | Brentwood Tennessee
By Matthew Caulk on May 7th, 2011

Bonbrook is a very attractive, upscale residential subdivision with 170 homes. Matter of fact my friends, this is one of my personal favorite neighborhoods in all of Middle Tennessee. The Estates are conveniently located in the Eastern Sector of Brentwood, TN approximately one block north of Concord Road.
Located on convenient Concord Rd. in the Heart of Brentwood, BonBrook is certainly a very prestigious address. There are 180 homes located in this neighborhood, priced between $400,000 and $975,000. Homes located in the original section, The Estates of BonBrook are in Brentwood High School area. Homes in the newer BonBrook on Concord section are in Ravenswood High School area. Both schools are the Elite in the entire state of TN. With walking Trails, parks, no crime Bentwood TN is certainly a sound decision for raising a family.
Available Homes For Sale in BonBrook

9625 Brunswick Dr

Price: $599,987
Beds: 5
Full Baths: 5
City: Brentwood
State: Tennessee
Zip: 37027
View more information about this property

1090 Wilmington Way

Price: $989,000
Beds: 4
Full Baths: 3
Half Baths: 1
City: Brentwood
State: Tennessee
Zip: 37027
View more information about this property

1191 Retreat Ln

Price: $574,900
Beds: 4
Full Baths: 3
Half Baths: 1
City: Brentwood
State: Tennessee
Zip: 37027
View more information about this property

9656 Brunswick Dr

Price: $595,000
Beds: 5
Full Baths: 4
City: Brentwood
State: Tennessee
Zip: 37027
View more information about this property

9606 Brunswick Dr

Price: $739,900
Beds: 4
Full Baths: 4
Half Baths: 1
City: Brentwood
State: Tennessee
Zip: 37027
View more information about this property

1097 Wilmington Way

Price: $729,900
Beds: 5
Full Baths: 4
Half Baths: 1
City: Brentwood
State: Tennessee
Zip: 37027
View more information about this property

1097 Sunset Rd

Price: $899,900
Beds: 1
Full Baths: 4
Half Baths: 3
City: Brentwood
State: Tennessee
Zip: 37027
View more information about this property

View Estates of Bonbrook in a larger map
Related posts:
Montclair Homes for Sale, Brentwood TN (7.066)

Annandale Homes For Sale. Brentwood, TN (6.661)

Governors Club Brentwood, TN Real Estate (5.661)

Categories: Brentwood TN, Williamson County Homes
Edit

Comment (0)

Leave a Reply

Click here to cancel reply.

via blog.moveinnashville.com

Head on over to my other Blog at http://blog.moveinnashville.com/2011/05/07/bonbrook-brentwood-tennessee/
For Current Real Estate for sale in BonBrook

Number of Properties in the Subdivision	34	Average Year Built	2002
Number of Homes (Improvements)	34	Average Age of Home	10
Maximum Building Square Feet	1968	Maximum Lot Size (in acres)	0
Average Square Footage	1267	Average Lot Size (in acres)	0

The Nashville Life

Nashville Landmark Photos

Acklen Park - West End | MoveInNashville Blog

Acklen Park - West End Available Homes

Existing home sales rise - Nashville Business Journal

Piedmont Natural Gas plans 13.5-mile pipeline for southern Davidson County

Forbes: Nashville is No. 3 Boom Town in Country

The Economy Forbes: Nashville is No. 3 Boom Town in Country

In a story titled"The Next Big Boom Towns in the U.S.," Forbes magazine cites Nashville as the third, uh, boomiest town in the nation. In the introduction, Joel Kotkin writes:

Perhaps less expected is the No. 3 ranking for Nashville, Tenn. The country music capital, with its low housing prices and pro-business environment, has experienced rapid growth in educated migrants, where it ranks an impressive fourth in terms of percentage growth.

New ethnic groups, such as Latinos and Asians, have doubled in size over the past decade.

Heartland Place, Lebanon TN | MoveInNashville Blog

2012 HOME SALES BEGIN WITH INCREASE

Traveling Away From Nashville? Try Singapore Sky Park

Market Report 6-9-2011, Scott Cone, PrimeLending

Market Report, Scott Cone, PrimeLending

6 Tips for Dads Raising Daughters

Market Report 6-6-2011, Scott Cone, PrimeLending

Scott Cone Prime Lending | Market Report for 6-1-2011

Nashville's Top Doctors | Via NashvilleLifestyles.com

Memorial Day 2011 In Remembrance Of Those Who Served | MoveInNashville Blog

High School Profile Page - Newsweek

Market Report, Scott Cone, PrimeLending

30-Year Fixed Mortgage at Lowest Rate Since December 2010

The Estates of BonBrook Brentwood, TN | MoveInNashville Blog

Available Homes For Sale in BonBrook

Leave a Reply

Brookfield Subdivision Brentwood TN