The Kestner Team

Excerpts from The Greater Nashville Association of Realtors

JUNE HOME SALES SHOW SOME SIGNS OF IMPROVEMENT

There were 2,091 homes sold in the month of June, according to figures provided by the Greater Nashville Association of REALTORS®. The number of closings exceeded 2,000 for the first time since September of last year.

"There are several encouraging signs in the current home sales data for Greater Nashville and Middle Tennessee," said GNAR President Mike Nichols. "There were more than 2,000 closings in one month for the first time since September of last year. There are more than 2,000 sales pending for the second consecutive month. And, the median price for a single-family home is down only three percent from where it was a year ago. These signs are early indications of what we hope will become positive trends for the coming months. It does seem that more people are again beginning to explore the possibility of home ownership."

The stock market hit 9,000, real estate sales are up, inventory is down, interest rates are still low, tax credits are available – THERE COULD NOT BE A BETTER TIME TO PURCHASE YOUR DREAM HOME!