Middle Tennessee real estate market is hot!

Real Estate is Hot!Thermometers are used to measure all sorts of things. Organizations use them as a visual gage for fundraising. Most commonly they are used to determine a specific level of heat in the body, a room or the environment. Recently we have definitely seen it heat up … both in the temperature outside and in the region’s real estate market.

Last week, the Greater Nashville Association of Realtors released home sales data for the month of June, as well as county data through the midyear. For June home sales rose again, up just over nine percent. As a whole, our region is up a little more than three percent from June 2013.

Median prices are also rising for single family residential homes and condominiums. Both are up close to $20,000 over last year. This is great news for current and future homeowners, as steady gains continue to affirm the value of home ownership. …

Read full article: http://www.tennessean.com/story/money/real-estate/2014/07/13/middle-tennessee-real-estate-market-hot/12591133/

 

Source: http://www.tennessean.com/story/money/real-estate/2014/07/13/middle-tennessee-real-estate-market-hot/12591133/