Nashville mortgage delinquency rate still dropping

It's not necessarily a surprise, but it is encouraging. Real estate research firm CoreLogic's latest numbers show that more and more Middle Tennessee homeowners are becoming current on their payments. The 2.71 percent delinquency rate for February was 70 basis points better than that of a year earlier and just about a full point below the number from October of 2013. That trend has had a positive effect on local banks' earnings and is showing little sign of slowing down.

May 1, 2015 7:02 AM

Local housing leveling off, says Freddie Mac index

Middle Tennessee's housing market improved ever so slightly in February, according to a Freddie Mac index that incorporates a number of factors. But slight improvements mean the year-over-year comparisons are beginning to look rather less impressive than the 8 percent gains we were seeing late last year.

Nationally, 60 of the country's 100 largest metro markets are on the upswing. Check the details here.

Apr 23, 2015 8:42 AM

Area home price gains stay strong

Forgive Nashville-area homeowners if they are discounting year-ago predictions of little or no price appreciation in 2015. Research firm CoreLogic reports that the market finished February with prices — including distressed sales — up 7.1 percent from the mark of a year earlier. Take out distressed sales and the year-over-year increase is still a very respectable 5.7 percent. Those numbers are right in line with stats from last summer.

Apr 8, 2015 8:41 AM

Freddie Mac indicator: Nashville housing stumbled in January

Nashville's housing market slipped a bit in January, according to Freddie Mac's Multi-Indicator Market Index, which incorporates mortgage applications and job growth, among other things. The local index is still up 6 percent year over year, but that's two points below the level of the previous two months. Nationally, Freddie Mac's researchers say the picture showed a similar stumble due to winter weather and slower economic growth.

 

Mar 26, 2015 8:55 AM

Winter weather doesn't dampen February home sales

Strong market continues with best February since '07
Mar 9, 2015 10:49 AM

Area foreclosure, delinquency rates ticks down further

The Nashville-area housing market finished 2014 with one out of 35 home mortgages being at least three months delinquent, according to research firm CoreLogic. That might sound like a lot but the 2.83 percent ratio is more than a full point below where it stood 15 months earlier. Similarly, the foreclosure rate among home loan lenders has come down steadily and is now below 0.5 percent. Here's how the region's numbers have trended over the past two years.

Mar 5, 2015 12:32 PM

CoreLogic: January home prices up 6.8% from year ago

Housing market research firm CoreLogic says Nashville-area home prices were up 6.8 percent in January from a year earlier. That's down 0.9 percentage points from October and 1.3 points from July. Excluding distressed sales, the year-over-year price gain was 5.3 percent, also down almost a point from three months earlier.

Mar 4, 2015 11:03 AM

Job growth powering Nashville housing market higher, says Freddie Mac index

In case you needed some more validation, a housing conditions index developed by Freddie Mac says Middle Tennessee's residential market is again picking up steam. Its Multi-Indicator Market Index was up almost 9 percent to end 2014 — the fastest pace since the summer — driven primarily by strong job growth.

Freddie Mac's national overview is here.

Feb 26, 2015 11:02 AM

Zillow: Nashville home prices end '14 up 7%+

The team at housing research firm Zillow has tallied up all the 2014 numbers on housing markets across the country. The average Nashville-area homeowner, the analysts say, saw her or his home's value climb 7.2 percent. Those in the lowest third of the market saw their homes appreciate 7.8 percent. Check out those numbers and more — including a national 2015 forecast of a 3 percent rise in the median home value — here.

Jan 23, 2015 6:46 AM

Home price increases settle in around 8%

Housing market research firm CoreLogic says Nashville-area home prices, including distressed sales, rose 7.9 percent in November compared to the year before. Taking out distressed sales, the year-over-year growth still came in at 6.8 percent. Both of those numbers are up from the month before and measure up pretty well compared the country's 10 biggest cities.

 

Jan 7, 2015 8:43 AM