Another year is coming to an end and while 2011 certainly had a few bumps as far as the real estate market is concerned, the past few months have indicated that we are well on our way for a strong 2012.
Several consecutive months of increased home sales both in Nashville and nationally matched with historically low interest rates, will certainly make for a more favorable real estate market next year.
If you are planning on selling and are waiting for the spring market, start planning now. Even though it is January, the spring home buying/selling market will be here in March and even as early as late February. I always recommend consulting with a Realtor. Get their advise on what you need to do to get your home market ready. There will be a lot of homes that will hit the market and you want yours to stand out.
Buyers, this year will be different from years past. I think you will have some great inventory to choose from but sellers may not be as flexible as in the past especially in ” hot markests ” like East Nashville where we are beginning to see some cash deals and multiple offer situations again. It is crucial that you have an experienced agent representing you.
Happy New Year and stay tuned for great things to come..
