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housing: Is Nashville Real Estate Recovering? - 10/12/09 11:41 AM
Is Nashville Real Estate Recovovering? You bet! The market is trending back towards a balanced market. I suspect it will be back on track by 2010. However some areas are already recovering. Trending of Davidson County has gone from in the past 12 months at 9.9 months supply of inventory, and at 6 months to 8.3 and in the last 3 months has dropped to 8.0. These figures are based on single family homes. So inventory is dropping which will usher in a new era for homeowners, builders, agents and perspective homeowners. So, Nashville Real Estate is recovering and showing healthy
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Jerry Williams
Nashville,
TN
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The Realty Association
Address: 1305 Murfreesboro Rd, Nashville, TN, 37217
Office Phone: (615) 385-9010
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