Nesting In Nashville Real Estate Documents, Media, and Handouts
11 Aug
2011
Zeitlin & Co. Stats for JULY
The good news is out: Nashville home sales in July 2011 was significantly better than July 2010…
GNAR reporting a sales increase of 15.8% compared to last July...
WCAR reporting a sales increase of 26.2%...
ZEITLIN & CO. reporting a sales increase of 70.8% !!!
10 Aug
2011
(download)
Williamson County, TN Real Estate Market Stats
Franklin, Brentwood, Nolensville…
19 Jul
2011
Tennessee Real Estate Data -- June 2011
June 2011 real estate search results are in and Nashville, TN was the #53 most searched market in the country in June 2011, based on data released today by Realtor.com, the #1 homes for sale real estate web site.
Median list prices for homes in Nashville, TN hit $189,900 in June 2011, a -0.05% decrease from one year ago this month, and 0.00% increase from May 2011. The national median list price in June 2011 was $189,900, a -0.05% decrease compared to June 2010.
Active for sale inventory of homes in Nashville, TN in June 2011 leveled out at 13,317, a -18.53% decrease compared to June 2010. National inventory counts for June 2011 were 2,339,395, a -15.78% decrease as compared to a year ago.
The median age of inventory in Nashville, TN in June was 79 days, a 5.33% increase compared to May 2011. Nationally, the median age of inventory was 93 days, 1.09% increase compared to May.
For details on all 146 MSAs monitored by Realtor.com in June 2011, click here:
http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx
Each month, Realtor.com surveys up to 250 Metro Service Areas (MSA) throughout the nation and monitors real estate trends including consumer search behavior, median list prices on for sale homes, active inventory counts and median age of inventory. The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.
According to Realtor.com, the top 10 most searched real estate markets, identified as MSAs, in the United States in June 2011 include:
Chicago, IL 1st
Las Vegas, NV 2nd
Detroit, MI 3rd
Los Angeles-Long Beach, CA 4th
Phoenix-Mesa, AZ 5th
Philadelphia, PA 6th
Tampa-St. Petersburg-Clearwater, FL 7th
Atlanta, GA 8th
Dallas, TX 9th
Riverside-San Bernardino, CA 10th
In addition, the top most searched real estate markets in Tennessee in June 2011, and the national searched rank included:
Nashville, TN #53
Knoxville, TN #66
Memphis, TN #84
Chattanooga, TN #115
18 May
2011
Tennessee Real Estate Data from Realtor.com--April 2011
April 2011 real estate search results are in and Nashville, TN was the #54 most searched market in the country, based on data released today by Realtor.com, the #1 homes for sale real estate web site.
Median list prices for properties in Nashville, TN hit $189,900 in April 2011, a -2.43% decrease from one year ago this month, and 1.99% increase from March 2011. The national median list price in April 2011 was $191,900, a -4.00% decrease compared to April 2010.
Active for sale inventory of homes in Nashville, TN in April 2011 leveled out at 12,806, a -18.13% decrease compared to April 2010. National inventory counts for April 2011 were 2,268,656, a -8.25% decrease as compared to a year ago.
The median age of inventory in Nashville, TN in April was 73 days, a -5.19% decrease compared to March 2011. Nationally, the median age of inventory was 95 days, a -12.04% decrease compared to March.
For details on all 146 MSAs monitored by Realtor.com in April 2011, click here:
http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx
Each month, Realtor.com surveys up to 250 Metro Service Areas (MSA) throughout the nation and monitors real estate trends including consumer search behavior, median list prices on for sale properties, active inventory counts and days on site. The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.
On the national level, 4 local Tennessee real estate markets made the top most searched markets in the country in April 2011, according to Realtor.com. The top 10 most searched real estate markets, identified as MSAs, in the United States in April 2011 include:
Chicago, IL 1st
Detroit, MI 2nd
Las Vegas, NV 3rd
Phoenix-Mesa, AZ 4th
Los Angeles-Long Beach, CA 5th
Tampa-St. Petersburg-Clearwater, FL 6th
Philadelphia, PA 7th
Atlanta, GA 8th
Dallas, TX 9th
Orlando, FL 10th
In addition, the top most searched real estate markets in Tennessee in April 2011, and their national searched rank included:
Nashville, TN #54
Knoxville, TN #68
Memphis, TN #83
Chattanooga, TN #116
Realtor.com is the most searched real estate web site today, and displays more than four million for sale and for rent property listings fed directly to the site for free by more than 933 multiple listing services (MLS) across the nation. More than 75 percent of all listings on Realtor.com are updated every 15 minutes with important information including price changes, sold data and property status changes, with the remaining properties updated every one to 24 hours.
27 Mar
2011
(download)
Nashville Relocation Real Estate Market Report
Quarterly Real Estate Market Report Stats by Realtracs MLS Area in Davidson County 1-8. Williamson County – area 10. Wilson County – area 9. Plus Sumner and Rutherford counties.
23 Mar
2011
Liberty Street Economics: How Much Will the Rise in Commodity Prices Reduce Discretionary Income?
Note: The black line represents National indicators with data through January 2011 while, the survey data is through February 2011. According to D6 brokers, home sales growth was similar to the year earlier level in February; the majority continued to report that sales were flat to slightly up on a year-over-year basis.
Reports from Florida brokers were unchanged in February; more than half continued to report year-over-year gains while half of brokers outside of Florida reported declines.
D6 builders reported that new home sales remained weak in February. Most builders continued to report sales were flat to slightly down compared with a year earlier.
D6 builders indicated construction activity remained weak in February but declines moderated while nationally single-family home starts weakened further.
D6 contacts continued to report significant downward pressure from short-sales, REOs and pending foreclosures. Two-thirds of brokers reported annual home price declines in February compared with 63 percent in January.
CoreLogic reported that January home prices including distressed home sales continue to weaken while the index excluding distressed homes improved.
Despite the absence of a housing stimulus that was in play last year, the overall outlook among D6 brokers and builders improved in February.
Thanks again for your participation. If you are aware of any residential home builders or brokers in the Southeast who would like to participate in our monthly survey please encourage them to register: http://www.frbatlanta.org/forms/business_contacts.cfm Whitney M. Mancuso
Senior Economic Analyst
Federal Reserve Bank of Atlanta
blackberry: 404-556-8757
office: 404-498-8917
fax: 404-498-8058
whitney.mancuso@atl.frb.org
(download)
Southeast Housing Survey Results
Below are the latest results from the D6 Residential Real Estate Survey. The survey was conducted March 7-16 reflecting activity in February 2011 and include responses from 90 Residential Brokers and 47 Home Builders.
I would also like to recommend the following blog posts from the Atlanta FED:
3/22/11SouthPoint: Examining the presence of negative equity in the Southeast
3/22/11macroblog: The unemployment puzzle—or at least one of them
Liberty Street Economics: How Much Will the Rise in Commodity Prices Reduce Discretionary Income?
Note: The black line represents National indicators with data through January 2011 while, the survey data is through February 2011. According to D6 brokers, home sales growth was similar to the year earlier level in February; the majority continued to report that sales were flat to slightly up on a year-over-year basis.
D6 builders reported that new home sales remained weak in February. Most builders continued to report sales were flat to slightly down compared with a year earlier.
D6 contacts continued to report significant downward pressure from short-sales, REOs and pending foreclosures. Two-thirds of brokers reported annual home price declines in February compared with 63 percent in January.
Despite the absence of a housing stimulus that was in play last year, the overall outlook among D6 brokers and builders improved in February.
Thanks again for your participation. If you are aware of any residential home builders or brokers in the Southeast who would like to participate in our monthly survey please encourage them to register: http://www.frbatlanta.org/forms/business_contacts.cfm Whitney M. Mancuso
Senior Economic Analyst
Federal Reserve Bank of Atlanta
blackberry: 404-556-8757
office: 404-498-8917
fax: 404-498-8058
whitney.mancuso@atl.frb.org
23 Feb
2011
Gains among Southeast brokers was largely driven by reports from Florida contacts. More than half reported year-over-year gains.
D6 builders reported that new home sales remained weak in January but year-over-year declines continued to moderate.
D6 builders indicated construction activity remained below the year earlier level.
D6 contacts continued to report significant downward pressure from short-sales, REOs and pending foreclosures. Sixty-three percent of brokers reported annual home price declines in January compared with 68 percent in December.
Despite the absence of a housing stimulus that was in play last year, the overall outlook among D6 brokers continued to improve in January while close to half of builders expect flat sales over the next several months.
Whitney M. Mancuso
Senior Economic Analyst
Federal Reserve Bank of Atlanta
blackberry: 404-556-8757
office: 404-498-8917
fax: 404-498-8058
whitney.mancuso@atl.frb.org
(download)
Southeast Housing Survey - Fed Reserve
Below are the latest results from the D6 Residential Real Estate Survey. The survey was conducted February 7-16 reflecting activity in January 2011 and includes responses from 105 Residential Brokers and 49 Home Builders. Note: The black line represents National indicators with data through November 2010 while, the survey data is through December 2010.
According to D6 brokers, home sales growth exceeded the year earlier level in January in line with national sales; the majority reported that sales were flat to slightly up on a year-over-year basis.
D6 builders reported that new home sales remained weak in January but year-over-year declines continued to moderate.
Despite the absence of a housing stimulus that was in play last year, the overall outlook among D6 brokers continued to improve in January while close to half of builders expect flat sales over the next several months.
Whitney M. Mancuso
Senior Economic Analyst
Federal Reserve Bank of Atlanta
blackberry: 404-556-8757
office: 404-498-8917
fax: 404-498-8058
whitney.mancuso@atl.frb.org
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Nashville Real Estate & MLS Search
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Nashville, TN 37215
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