GNAR on tax credit extension

By Geert De Lombaerde Posted on November 9, 2009 at 9:40 am

Hmm, the Realtors like it. Says Mike Nichols:

For homebuyers, it creates the opportunity to seriously consider purchasing a home based on the fact that this significant help is available. It is even better news that the program is now being made available at the reduced rate of $6,500 to repeat buyers who have owned their home for 5 years.

For the economy, it is especially meaningful. Much has been said about the housing market helping lead the way out of the current economic recession. Clearly, when people purchase homes, they often purchase other items to help furnish, equip and decorate their homes, so the impact is felt well beyond those directly involved in the actual home purchase transaction.

This is also very good news for Tennessee, as it was noted recently that this state is among the top users of the tax credit to date.

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Tags: government stimulus, Greater Nashville Association of Realtors, housing market, legislative issues, Mike Nichols, residential real estate, tax credits  

LIFO logic

By Geert De Lombaerde Posted on July 27, 2009 at 6:29 am

The fact that the Middle Tennessee housing market appears to no longer be simply awful — you could say it’s a more nuanced version of terrible now — has some in the industry looking for new salad days soon. Even if it means suspending most of their powers of reason for a second or two.

“We were the last to feel the effects of the economic turndown, we feel like we’ll probably be the first to reap the benefit from it,” says Mike Nichols, President of the Greater Nashville Association of Realtors.

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Tags: Greater Nashville Association of Realtors, housing market, recession, residential real estate  

GNAR expansion to honor Wilson

By Geert De Lombaerde Posted on March 15, 2009 at 4:01 pm

The Greater Nashville Association of Realtors is naming the new education wing of its headquarters on Trousdale Drive after Hal Wilson, who has been teaching various aspects of real estate for more than three decades. The news was announced at GNAR’s March Membership meeting last week, at which Lt. Gov. Ron Ramsey was the keynote speaker.

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Tags: career education, construction, Greater Nashville Association of Realtors, Hal Wilson, residential real estate, Ronald L. Ramsey, trade associations