Pending Homes Sales News for Middle Tennessee Real Estate
Last week we had a bit of confirmation for what I’ve been hearing and seeing in the real estate market in recent months. Pending home sales are up over last year – in every area EXCEPT the south.
In places like California, Nevada, Arizona and Florida where the market increased so dramatically several years ago, prices have finally retreated to a point where they are an attractive investment again…regardless of what the stock market is doing. For investors that have plenty of cash, there are opportunities everywhere and they’re starting to take advantage of them.
What does that mean for us here in the Middle Tennessee real estate market?
Well, since home prices didn’t fluctuate out of control on the upside they haven’t on the downside either. The market is still slow but showing definite signs of improvement. In fact, properties that are in desireable areas and are priced right are being snapped up now after just a few days on the market.
And, I know personally from my own clients that there are thousands of families that have been ready to relocate to Middle Tennessee for a couple of years now and have been stuck where they are due to the real estate market stagnation. With real estate in other areas starting to move, plans that have been on hold can be reconsidered.
So, if you’ve been thinking about buying it’s time to start looking in earnest. If you would like to do your own investigation or monitor the market, I suggest that you set-up a Property Alert on my web site using this link: http://www.RealEstate-NashvilleTN.com/Property-Alerts.asp When you see something that interests you, just call or send an e-mail. I’ll be happy to answer any questions you have.
If you’d like to talk further about how you can put my Nashville-Middle Tennessee Real Estate Services to work for you, visit www.RealEstate-NashvilleTN.com or give me a call at 615.498.4858. All Realtors® are not alike…let me prove it to you!
In places like California, Nevada, Arizona and Florida where the market increased so dramatically several years ago, prices have finally retreated to a point where they are an attractive investment again…regardless of what the stock market is doing. For investors that have plenty of cash, there are opportunities everywhere and they’re starting to take advantage of them.
What does that mean for us here in the Middle Tennessee real estate market?
Well, since home prices didn’t fluctuate out of control on the upside they haven’t on the downside either. The market is still slow but showing definite signs of improvement. In fact, properties that are in desireable areas and are priced right are being snapped up now after just a few days on the market.
And, I know personally from my own clients that there are thousands of families that have been ready to relocate to Middle Tennessee for a couple of years now and have been stuck where they are due to the real estate market stagnation. With real estate in other areas starting to move, plans that have been on hold can be reconsidered.
So, if you’ve been thinking about buying it’s time to start looking in earnest. If you would like to do your own investigation or monitor the market, I suggest that you set-up a Property Alert on my web site using this link: http://www.RealEstate-NashvilleTN.com/Property-Alerts.asp When you see something that interests you, just call or send an e-mail. I’ll be happy to answer any questions you have.
If you’d like to talk further about how you can put my Nashville-Middle Tennessee Real Estate Services to work for you, visit www.RealEstate-NashvilleTN.com or give me a call at 615.498.4858. All Realtors® are not alike…let me prove it to you!
Labels: Pending Home Sales Nashville-Middle Tennessee Real Estate
posted by Dr. Gala at 1:51 PM
