Imaging watching the weather and the announcer is from Boston, Massachusetts and he states that today we will have a high in the 60's with a 75% chance of rain. This information may or may not be accurate for Boston, but it you are in Franklin, TN not so much.
Well that is what is happening with the media's constant negative drum beat of the housing market. Headlines read, Housing Crash Continues, Bubble Pops, US housing starts slip in July , and Housing Market Teeters Between Recovery, Relapse .
Maybe if you are in one of the depressed areas of the country, but not if you live in Williamson County, where July was one of our best months in a year.
Take for example a homeowner I've been working with. She said that prices are so low that she really can't sell even though they really needs to. OK, lets look at the numbers. She bought her home in 2002 for $218,000 and today we could list it for $335,000 and it would most likely sell for $325,000. Well, that means that she has gained more then $100,000 in value in 7 years. Not a bad investment.
If you are thinking of buying or selling call your local realtor to learn about your market. Every market is different, some better then others. If you are looking to move , whether its the Greater Nashville area or Boston, MA look no farther then Diane O and Friends for your real estate needs. We can help you locally here in Tennessee and through our national referral network.
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