Nashville and Middle Tennesee saw increased sales in October. October marks the fourth consecutive month of increased sales for Middle Tennessee," said GNAR President Alice Walker. "The purchases resulting from the tax credit incentive last year were all completed by the September deadline, so the comparison of closings is now a clean comparison.
The national median existing-home price4 for all housing types was $162,500 in October, which is 4.7 percent below October 2010. Distressed homes - foreclosures and short sales typically sold at deep discounts - slipped to 28 percent of sales in October from 30 percent in September (17 percent were foreclosures and 11 percent were short sales); they were 34 percent in October 2010.
Questions? I know the Nashville area real estate market well. Call me at 615-263-4800 or visit my website at www.iSellNashvilleRealEstate.com for a FREE Relocation packet and to search for Franklin, TN Homes.
ZIP Codes: 37064, 37065, 30767, 37068, 37069 Approximate Location Boundaries: Franklin
Location Characteristics: Located 22 Miles S.W. of Nashville the city of Franklin has grown from a very small, agricultural community into a strong blend of residential, commercial and corporate citizens. The City of Franklin has a positive, national reputation reflecting safe, clean, attractive residential neighborhoods, an economically viable downtown, and the emerging, nationally-known Cool Springs area.
We say it all the time - the best of both worlds can be found in Franklin - "small town charm and big city sophistication."
About Lucy Bottorff:
Client satisfaction is one of Lucy's primary goals. Lucy is a local native and is very familiar with the trends and motions of the local markets. Friendly and helpful...Call Lucy today!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
