Nashville Real Estate Heads Toward Best Year Since 2007

 

Published on December 6, 2012,  by Daune Marsteller, for The Tennessean

For Middle Tennessee’s home market, it’s beginning to look a lot like Christmas — 2007.

Home sales surged last month, moving the region closer to its best showing in five years, the Greater Nashville Association of Realtors said Thursday. Nearly 2,200 single-family homes, condominiums, multifamily units and farms/lots traded hands in November, a 38 percent spike from the same month a year earlier, the trade group said.

Closings are running 27 percent higher than last year and probably will top 25,000 for the first time since 2007, just before the national housing bubble popped and helped trigger the Great Recession.

“It looks like we’re in good shape,” said Kendra Cooke, the Realtor group’s outgoing president. “It’s looking pretty promising.”

Continue Reading the article on The Tennessean’s website

About Sutton Lipman

Sutton Lipman Costanza is a native Nashvillian and a second generation REALTOR. She is excited and proud to be a part of The Lipman Group Sotheby’s International Realty team. Sutton graduated with a Bachelor of Arts degree from The George Washington University. Before selling real estate, she worked at Centerstone, a community-based behavioral health care organization in Nashville. In her free time, Sutton enjoys spending time with her family and friends, traveling, practicing Spanish, knitting and playing tennis. sutton.lipman@sothebysrealty.com or 615.438.6149
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