Realtor, and real estate expert, David Price says that Middle Tennessee is one of the fastest growing areas in North America, where there is something for everyone.

Much of the country is moving towards a buyers market, with the current slowdown due to economic factors as well as interest rate fluctuations.

Due to the increased housing starts, Nashville supply is starting to exceed demand. The new home builders are providing incredible incentives for both the new home buyer, and the buyer's agents, in the form of increased commissions. This is making it increasingly difficult to sell resale.

The average sales price is up 8.6 percent from last year to $256,000.

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Published: January 23, 2008

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