The 2012 Real Estate Market is Booming! | Nashville Real Estate
It is hard to believe that 2012 is already half way over! It has been a busy year for real estate, as the market has strengthened with each passing month and continued to show encouraging trends. Home sales have been increasing throughout the year, with 1,101 closings reported in January and almost double that, 2,186, reported in April. Those figures represent a 98 percent increase! The trends we have seen so far this year are the best trends Middle Tennessee has seen since June 2010, a clear indication that the Nashville real estate market is showing significant improvement.
Now is the time to buy with the market showing such encouraging signs of growth. Housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best real estate deals out there, so if you have been on the fence about buying a home, this is the year to do so! Home prices are still low and mortgage rates are also at historic lows, two factors that combined make for houses that are more affordable and attainable than ever. Act quickly, though, as many economists are saying that home prices will be flattening out by the end of the year and beginning to climb by early 2013.
Click here to see our current listings (we are adding new ones weekly lately so check often!) and give us a call if we can help you in your home search this year!