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.”
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