Thursday, December 6, 2007

Nashville housing market looks better than rest of US

In earlier posts, (Sunk-cost fallacy in real estate, Housing prices down only 4.5% but unsold backlog reaches 10 months), we have blogged about "sticky" real estate prices. Now, Bert Matthews gives us some hard data on Nashville relative to the rest of the country. The unsold inventory (measured relative to current sales) is 6 months, compared to a national average of 10 months.And, over the past four years, Nashville has not seen as much house price inflation as the rest of the country.

The housing sector is slowing, but not as much as in the rest of the country.

1 comment:

  1. I am looking for mortgage broker and there are many mortgage brokers available. It is the first time I am going to buy a home and I am here want to know that how to find the best mortgage broker.

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