That Time When We Thought The Housing Market Was Hot

Posted on Posted in In The News

It's hard to believe that Middle Tennessee's hot housing market could get any hotter than when this video was made.

Back mid 2015,  A story aired on WKRN reporting the average days on market at 61 days, down from 77. Now, December 2016 data shows Greater Nashville average days on market down to 50 days on market and Rutherford County average days on market is at 43 days on market. This data shows how strong the sellers market is and as mortgage rates begin to climb, buyers will jump in to avoid paying the higher rates. Average home prices increased nearly 13% in 2016 alone!

Thinking about buying or selling a home in Middle Tennessee? Find out what your home is worth.

Feel free to connect! As a local expert I help my clients sell their homes quicker than the industry average and find the just right house in this hot market.

Source: WKRN.com

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