Kenneth Bargers Blog

2011 Home Sales Begin with Increase in the Greater Nashville Area

NASHVILLE, Tenn. (Feb. 9, 2011) –     There were 1,101 home closings reported for the month of January, according to figures provided by the Greater Nashville Association of REALTORS®.  This figure is up 6.6 percent from the 1,033 closings reported for the same period last year.    

“The new year has brought positive news for home sales in the Greater Nashville area,” said GNAR President Alice Walker. “This data is especially encouraging because the data from last year were supported by the tax credit for first-time home buyers. Also, having this increase at a time when winter weather has been so challenging in Middle Tennessee makes the improvement even more significant. The January data is another example of positive economic news from this region as well as from across the country, which may signal the beginning of a broader overall recovery.”  Read complete news release…

Source:  GNAR, Greater Nashville Association of Realtors; Blog distribution provided by Kenneth Bargers and Bargers Solutions residential real estate services located in Nashville, Tennessee

February 9, 2011 Posted by kbargers | relocation | bargers solutions, GNAR, greater nashville association of realtors, home buying, home sales statistics, home selling, january 2011, kenneth bargers, Nashville, realtor, residential real estate services, tennessee | 1 Comment