Middle Tennessee real estate market shows growth at midpoint

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It is an agreeable fact to many that Middle Tennessee is a great place to live.

Sure, those Tennesseans who have resided across the Volunteer State for years recognize this fact, but the rest of the nation is catching on as well.

From the natural Tennessee landscapes and stellar highways and roads to the schools and myriad of entertainment options, the secret is surely out of the bag now.

If you read a magazine or browse online these days, it appears that Nashville and its MSA makeup are always in the limelight. Whether it is a new restaurant opening or a new construction project, all signs are pointing up as Middle Tennessee is on many “best of” lists.

As the area continues to boom, the real estate market follows suit.

In a recent release from the Greater Nashville Association of Realtors, there were 3,324 homes sold in the month of June, an uptick of 9.4 percent in comparison to the 3,038 closings for June 2013.

In the same manner, second-quarter numbers were on the rise with 9,170 closings reported, which is a 3.3 percent increase from the 8,879 closings reported through the second quarter of 2013.

As for year-to-date closings for the Nashville area, the number was also up 3.2 percent with 15,336 from the 14,859 closings at the midpoint from the previous year.

With the steady increase in numbers from Nashville’s real estate market, it goes without saying that other real estate markets such as Williamson, Rutherford and Wilson counties should feel the success also.