Nashville Foreclosures Continue to Decline
In Nashville, the number of foreclosures completed is also down 0.2% over last year. This number may seem insignificant, however, it is equivalent to nearly 5,000 more families that get to stay in their homes this year in Tennessee. This is great news for homeowners, sellers and the financial sector. If you are a buyer, you need to move quickly as sales are improving and interest rates are climbing. An energized housing market and new construction has led us out of 6 of the last 8 recessions. Can you feel the energy?
See my previous post for more info on the Nashville Foreclosure Market: /blog/nashvilles-tide-of-foreclosures.html