U.S. House Prices Increase – Is This a Good Time to Sell or Buy a Home in Nashville TN?
Traditionally Spring is the busiest time in the Nashville real estate market. The weather is comfortable for home buyers to tour listings, the foliage is in bloom making seller’s curb appeal optimum, and now with the news that house prices unexpectedly advanced in January this may be the right time to buy or sell a home in Nashville TN. If you have been waiting until the Nashville real estate market improves to buy or sell a home this recent rise in home prices may be a signal that the market is on the way up.
According to a report from the Federal Housing and Finance Administration U.S. there was a 1.7% month-over-month increase in U.S. house prices following a downwardly revised 0.2% decline in December. The largest increase came in the South Atlantic region, reversing a sharp decline the month prior, where home prices were up 3.6%. In the East North Central region, prices were up 3.9%.
Are you a Nashville TN homeowner still not convinced it is the best time to sell your Nashville TN home but concerned about your financial situation if you stay in your current home? An important new government Web site was launched on Thursday, March 19, 2009. Please use the self-assessment tools provided on MakingHomeAffordable.gov to see if you are among the 7 to 9 million homeowners who may be able to benefit from Making Home Affordable. The President’s Plan was created to help millions of homeowners refinance or modify their mortgages to a payment that is affordable, both now and in the future.
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JoAnne Staler, Nashville Tennessee REALTOR with Rochford Realty & Construction Company is providing a unique level of service to home buyers and home sellers in Nashville, Brentwood, Franklin, Williamson County, Green Hills, Belle Meade, Bellevue, West Meade, Forest Hills, Oak Hill, Vanderbilt, Belmont, Midtown, Downtown, Historic Areas, Spring Hill, and Thompson Station Tennessee. Whether Buying or Selling Real Estate locally or Relocating to Middle Tennessee, let a Top Selling Nashville Real Estate Agent help. To find out more about JoAnne Staler or search for real estate via the Middle Tennessee MLS visit www.JoAnneStaler.com.
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