Investor Resources - Foreclosures & Distressed Property Listings
Nashville listed on “Best Places to Buy Foreclosures”
Forbes has ranked the Nashville metro area the #3 best place in the nation to buy foreclosed properties.
Nashville, Tennessee - 03.19.08
Median home price: $139,587
Foreclosure Savings: $42,145
Foreclosure rate: 0.86%
Price change 2006-2007: 3.88%
Oddly, one of the things that makes Nashville so attractive as a place to buy distressed properties is a foreclosure rate below 1%.
Another? Foreclosed properties are asking an average of $42,145 less than their homeowner-occupied "cousins" on the market.
Read the entire article here.
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