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Fixer upper repossessed properties and other types of residences posted further declines in prices in Nashville. In January, home prices dropped by nearly 4%.

Short sales and bank owned homes are providing tough competition to home flippers. In Nashville, the number of foreclosures and short sales continue to rise.

Short sales of distressed homes and foreclosures continue to weigh down prices in Nashville. For February, home prices were down by more than 3% from last year.

Welcome to 172 Hawthorn Loop, a lovingly maintained, move-in ready home located in the highly sought-after Gardens RV Village in Crossville, Tennessee. Nestled on the scenic Cumberland Plateau, this 2-bedroom, 2-bathroom home offers 2,293 square feet of well-designed living space where comfort and convenience meet timeless charm. As you arrive, you'll be welcomed by mature landscaping and an inviting exterior that leads to a rare oversized three-car garage. With space to accommodate your RV, extra vehicles, or a full workshop, this garage is ideal for travelers, hobbyists, and those who appreciate the value of added storage and functionality. Inside, natural light fills the spacious living room, highlighting gleaming hardwood floors and a cozy gas fireplace that creates a warm and welcoming atmosphere. The kitchen offers solid oak cabinetry, all appliances, a breakfast bar, and ample counter space for everything from quick meals to holiday hosting. The open layout flows comfortably into the dining and living areas, perfect for both quiet evenings and lively gatherings. The primary suite offers peaceful rest with a walk-in shower, and a walk in master closet. The guest bedroom and bath are equally spacious and thoughtfully arranged. A full walk-out basement with hot tub hookups offers endless possibilities-create a home gym, guest suite, entertainment room, or private retreat. This lower level adds both square footage and flexibility to fit your lifestyle. Step outside onto the serene back deck, where you can enjoy the calm of early mornings or the stillness of evening sunsets. This outdoor space is ideal for relaxing, reading, or simply soaking in the peaceful surroundings of this exceptional neighborhood. Located just one hour from Knoxville and two hours from Nashville International Airport, this home offers the perfect balance of peaceful living and convenient access. You'll find yourself minutes from grocery stores, medical centers, restaurants, and all t

Home brokers in Tennessee believe that 2011 would be a good time to buy foreclosure condos for sale. According to them, it will be a buyer's market this year.

Cheap land for sale can be found in some areas of Tennessee, but houses in most markets became less cheap. Quarterly data showed improvements in home prices.

Bank repossessions and foreclosures in Tennessee hammered the house construction market last year. Values of home building contracts declined in 2010.

The number of Memphis homes being sold in sheriff auction and other foreclosure sales dropped in the last quarter of 2010. Sales dropped by 57 percent.

Home foreclosure auctions posted higher sales in February 2011 in some areas of Tennessee. Overall residential sales jumped month-over-month by more than 10%.

Bank owned foreclosure auctions offer some of the cheapest residential properties in the U.S. However, majority of Americans still prefer to rent than buy.