Reported by Pat Skow, ABR, GRI, e-Pro, REO Specialist, Broker
Updated September 3, 2009.
Current Market Rating: 2
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Current Price Trend: 2
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Special Issue - July 2009 Home Sales
August 11,2009
HOME SALES TOP 2,000 FOR SECOND CONSECUTIVE MONTH
Home sales in Greater Nashville exceeded 2,000 for the second month in a row, and there were over 2,000 sales pending for the third consecutive month. There were actually 2,214 closings, down just 11% from the 2,488 closings in July of 2008.
The median price of a single-family residence was $171,100 and for a condo it was $142,146. That compares with median prices of $179,995 and $162,900 respectively last year.
Inventory was down slightly from last year with 24,592 properties available in July of 2009, compared with 25,023 in July of 2008.
Location Characteristics: DAVIDSON COUNTY (NASHVILLE AND SURROUNDING AREAS) 2008 Population 587,494 2013 Population 598,408 (PROJECTED)
2008 Total Number of Housing Total Dwellings 282,033 Owner-Occupied Dwellings 151,292 60.9% Renter-Occupied Dwellings 97,110 39.1% Housing Units Occupied 248,402 88.1%
About Pat Skow:
I am originally from Chattanooga Tennessee. The youngest of 3 children, and the only daughter of a minister. I graduated from Soddy-Daisy High School and attended The University of Tennessee at Chattanooga. I moved to Nashville in 1987 to pursue a career in Administration at Baptist Hospital.
Since acquiring my Real Estate license in 1992, I have assisted hundreds of families purchase and sell their homes. Because of my keen knowledge of the industry, my energy and commitment to my clients, I have become one of the most sought after Real Estate Agents in Nashville. I have been voted one of the top Real Estate Agents twice by the readers of the Nashville Scene.
Selling or buying real estate is really one of the most emotional processes a person will ever go through. In my practice I help clients sustain the exciting enthusiasm, while ensuring they remain aware of practical realities.
I can ensure that my clients have an efficient and satisfying real estate experience. Utilizing my strong people skills to put my clients at ease and to help them focus on their primary needs and wants. l also provides expert advice to help guide clients through the often-confusing home buying process. I can direct people to capable and respected legal, home inspection, and financing experts. "Essentially, I walk you through the whole process to make it as smooth as possible," For home sellers, I provide a detailed computerized comparative market analysis to properly position the property in the marketplace and thus ultimately receive top dollar for it. In addition, I will follow-up with a Seller's Net sheet so you know what to expect from the sell of your home.
Additionally, I has a real “soft spot” for animals. I devote numerous hours assisting other pet lovers with the placement of lost, abandoned, and abused animals in safe homes.
My website, www.PatSkow.com provides a tool for the public to communicate the need for placement of pets, and links to pet groomers, veterinarians, pet sitters and much more.
I do a variety of fund raising events every year to benefit local shelters in the Nashville and surrounding areas. As an exhibitor at the annual Humane Association Dog Day in the Park in Nashville, I and a team of friends shoot over 200 photographs of dogs with their owners.
I am a member of The Leading Edge Society for Realtors, an Accredited Buyers Agent, a REO/Foreclosure Specialist, an certified e-Pro agent, and a Licensed Real Estate Broker. I have been blessed and have received numerous outstanding awards throughout my career in the Real Estate.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
