Raintree Forest Third Quarter 2013 Market Report
Raintree Forest is finally seeing the same prices homeowners were used to seeing in the market's peak years of 2007 and 2008. Prices increased on average 11% compared to the same time in 2012.
The number of transactions has not returned to the all time high in 2006 but then that was the year that Nissan moved their corporate headquarters to Franklin TN.
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Days on the market are down from 77 days in 2012 to just 50 this year. The number of transactions is up 35% compared with 2012. Inventory continues to improve but there is still only a 4 month supply.
Anything less than a 6 month supply of homes is considered a Seller's Market. Homeowners who are thinking of selling their Raintree Forest home should consider getting their home market ready!
Thankful Thought for the Day....
Today I was called by a person I met this spring. We took a class together. She and her husband are interested in selling their home and buying something bigger. She said they felt comfortable with me and felt they could trust me to do a good job. I'm extremely thankful that I make people feel comfortable with me.