Wednesday, January 20, 2010

Middle TN home sales gains spark optimism | tennessean.com | The Tennessean

Middle TN home sales gains spark optimism | tennessean.com | The Tennessean

...Middle Tennessee home sales rose by more than 13 percent in December compared to a year earlier. And the median home price as reported by the Greater Nashville Association of Realtors has stopped falling, leveling off at $164,000 for the month, another positive sign...

...Sumner County was one of the most resilient in terms of median home values, falling less than 3 percent over the past three years. That's because home prices were relatively affordable compared to other suburban counties such as Williamson and Wilson, and the schools have a good reputation, said Aretha Mims, the president of the Sumner Association of Realtors. The median home price in Sumner County was $175,000 last year...