Nashville Real estatePosted by Gary Ashton: RE/MAX Elite on Friday, July 15th, 2011 at 11:57am.
Since December the talk amongst the realtors in Nashville TN is how busy they are and how there is a very optomistic feel for the real estate market here picking up. Some agants are saying they haven't been this busy since the height of the market in 2007 which is almost 5 years ago now.
Even the local media are having interviews with realtors discussing how the real estate market for the high end properties may even see a rise in values as the inventory continues to dwindle. There are no spec homes being buily in the luxury home market so as the homes sell...they are not being replaced.
This eventually reduces the homes available and then as the demand increases, as consumers become more confident with the market, then the prices will start to rise.
The Ashton Real Estate Group of RE/MAX Elite
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