September's Month in Real Estate
By Sherry Chastain, Realtor, Selling Homes, Lake Properties,Luxury Homes,Short Sales
(Hendersonville, Nashville, Old Hickory, Lebanon Tennessee)
This Month in Real EstateSeptember 2010 ............................................................................................................................................... Market Update The housing market was off to a rocky start as the second half of the year began. Much of the volatility, however, was anticipated and attributed to the now-expired tax credit. Despite softened sales this last month, home prices continued to gain - thanks in part to record low jumbo loan rates, which are fueling more interest and activities in the higher end of the market. Meanwhile, the economy still has a lot of ground to cover before achieving its full, sustainable recovery. Consumers, while remaining on the cautious side, have increased their spending, which is supported by a gradual im...
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