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Builders Are Active Again - We Need It

Real Estate Agent with Benchmark Realty 00285925

Nashville HomesFriday the Commerce department reported that builders started construction on 1.61 million homes at an annual adjusted rate, up 16.9% from November.

Housing construction has been rising since July helped by falling interest rates and record employment. For the year builders started work on 1.37 million homes, the best since 2007.

Nashville home sales were up 21% year over year for the month of December and up 7% for the entire year of 2019 according to the Greater Nashville association of realtors.

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Posted by

The Brewer team

Benchmark Realty




Comments (1)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, The Brewer Team - Benchmark Realty builders have been flexing their muscles recently and we're seeing some new listing appointments on our calendar along with the buying side of their purchase....

Feb 02, 2020 06:52 AM