Nashville Foreclosures & Short Sales
The media has focused on the growing number of Nashville foreclosures, pre foreclosures and short sales and this has now become a buzz word for buyers looking for a great deal. It has to be remembered that a homes value should be based on expert analysis of the recent sales and comparable homes. It is easy to think you are getting a knock down price when really the home was overpriced when it was first listed.
Nashville TN Foreclosures
| All Listings | Under $100,000 | $100,000 - $200,000 |
| $200,000 - $300,000 | $300,000 - $400,000 | $400,000 - $500,000 |
| $900,000 - $1,000,000 | $2,000,000 - $5,000,000 |
- Price: $49,900
- 212 E Duffle St
- MLS #: 2574832
- Status: For Sale
- City: Waverly
- Subdivision: none
- County: Humphreys County, TN
- Beds: 4
- Baths: 2
- Type: Residential
- Elementary School: Waverly Elementary
- Middle School: Waverly Jr High School
- High School: Waverly Central High School
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- Price: $59,900
- 727 Besstown Rd
- MLS #: 2574844
- Status: For Sale
- City: Beersheba Springs
- Subdivision: None
- County: Grundy County, TN
- Beds: 3
- Baths: 1
- Type: Residential
- Elementary School: Swiss Memorial Elementary
- Middle School: Swiss Memorial Elementary
- High School: Grundy Co High School
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- Price: $949,900
- 514 Neilwood Dr
- MLS #: 2573612
- Status: For Sale
- City: Nashville
- Subdivision: West Meade Farms
- County: Davidson County, TN
- Beds: 0
- Baths:
- Type: Land
- Elementary School: Westmeade Elementary
- Middle School: Bellevue Middle
- High School: James Lawson High School
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- Price: $949,900
- 514 Neilwood Dr
- MLS #: 2573614
- Status: For Sale
- City: Nashville
- Subdivision: West Meade Farms
- County: Davidson County, TN
- Beds: 3
- Baths: 2
- Type: Residential
- Elementary School: Westmeade Elementary
- Middle School: Bellevue Middle
- High School: James Lawson High School
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- Price: $289,900
- 106 Shelby Ct
- MLS #: 2544838
- Status: For Sale
- City: Portland
- Subdivision: Autumns Brooke Sub
- County: Sumner County, TN
- Beds: 3
- Baths: 2
- Type: Residential
- Elementary School: Clyde Riggs Elementary
- Middle School: Portland East Middle School
- High School: Portland High School
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- Price: $204,900
- 566 Stevens Cir
- MLS #: 2566584
- Status: For Sale
- City: Lafayette
- Subdivision: none
- County: Macon County, TN
- Beds: 3
- Baths: 2
- Type: Residential
- Elementary School: Central Elementary
- Middle School: Macon County Junior High School
- High School: Macon County High School
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- Price: $72,500
- 104 Nunn Blvd
- MLS #: 2565521
- Status: Pending Sale (No Showings)
- City: Cadiz
- Subdivision: Nunn Add
- County: Trigg County, KY
- Beds: 3
- Baths: 1
- Type: Residential
- Elementary School: Trigg County Primary School
- Middle School: Trigg County Middle School
- High School: Trigg County High School
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- Price: $154,000
- 131 S Sunset Cir
- MLS #: 2563913
- Status: Pending Sale (No Showings)
- City: Hopkinsville
- Subdivision: Sunset Park
- County: Christian County, KY
- Beds: 4
- Baths: 2½
- Type: Residential
- Elementary School: Millbrooke Elementary School
- Middle School: Hopkinsville Middle School
- High School: Hopkinsville High School
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- Price: $220,000
- 525 High St
- MLS #: 2561093
- Status: For Sale
- City: Nashville
- Subdivision: Sunrise Heights
- County: Davidson County, TN
- Beds: 0
- Baths:
- Type: Residential
- Elementary School: Glencliff Elementary
- Middle School: Wright Middle
- High School: Glencliff High School
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- Price: $220,000
- 525 High St
- MLS #: 2560423
- Status: For Sale
- City: Nashville
- Subdivision: Sunrise Heights
- County: Davidson County, TN
- Beds: 0
- Baths:
- Type: Land
- Elementary School: Glencliff Elementary
- Middle School: Wright Middle
- High School: Glencliff High School
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What to Expect From Nashville's Foreclosure Market?
It's also worth bearing in mind that because a builder has gone out of business and the homes are now being foreclosed on that maybe the demand for those homes was a function of the the builder jumping on the real estate boom band wagon and building homes that were rejected by the general home buying public or the location was a major factor. Either way the future resale of the home should be a serious consideration because the foreclosure price may represent the real market value and you'll have to price accordingly when you come to sell the home.
The talk of possible recession is a twin edged sword for the real estate community. The possibility of a rate reduction in the prime interest rate can lead to mortgage rates being reduced but the negative talk can reduce consumer confidence and reinforce the "wait and see" mode of home buyers.
Looking Back: Nashville Foreclosures in Years Past
As the weather improved across the United States the traditional season for moving kicked into high gear. Already the number of inquiries regarding real estate to this site and sites like HummerHomes.com, NashvilleHomes.org, NashvilleBuyers.com have all reported a significant increase in the last few weeks starting early April 2010.
Now that we are heading into the traditional slow season it is clear that the demand has slowed down but The Ashton Real Estate group is still having a lot of success.
2009 overall has been an excellent real estate market for those with the finaces and ability to buy a home. The combination of historically low mortgagte rates, high unemployement, the first time home buyer incentives, and the general resignation of home sellers that they would be losing money on the sale of their home compared to the hey day of real estate in 2006.
2010 has got off very positive start in the first six months as home buyers and sellers are starting to feel more confident about the end of the recession. As consumer confidence begins to grow and people turn from a wait and see mode to its a good time to buy we will see the resal estate market show signs of increasing values and smaller list price to sales price reductions.
Contact The Ashton Real Estate Group for more information about Nashville Tennessee Foreclosures
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of RealTracs Solutions. Real estate listings held by brokerage firms other than The Ashton Real Estate Group of RE/MAX Advantage are marked with the Internet Data Exchange Program logo or thumbnail logo and detailed information about them includes the name of the listing brokers.
Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.
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Listing information last updated on September 26th, 2023 at 10:39am CDT.