Published November 16, 2009

Nashville Business Journal reports that the housing industry is headed for sustainable recovery | Nashville Area Homes for Sale | Franklin Homes for Sale | Brentwood Homes for Sale | National Associat

Author Avatar

Written by Joey McCloskey

Nashville Business Journal reports that the housing industry is headed for sustainable recovery | Nashville Area Homes for Sale | Franklin Homes for Sale | Brentwood Homes for Sale | National Associat header image.

Nashville Business Journal reports that the housing industry is headed for sustainable recovery | Nashville Area Homes for Sale | Franklin Homes for Sale | Brentwood Homes for Sale | National Association of REALTORS | Real Estate impact on Economy

The Grumbles Team wants to share with you that the Nashville Business Journal reported today on a study from the National Association of REALTORS that shows that the first time home-buyer tax credit has worked better than expected.

Of all home purchases this year, 47% were from first-time home buyers.  That is up from 41% last year.  The 47% amounts to approximately 2.35 million home sales, bringing the total sales expectation for 2009 to 5 million.  The forecast from Lawrence Yun, NAR chief economist,  is that total home sales in 2010 will be 5.69 million and that this steady depletion of inventory of available homes will bring a positive return in home values.

Whether you are interested in learning how the expanded home buyer tax credit could benefit you if you qualify or you are interested in selling your home, The Grumbles Team can assist you.  The Grumbles team specializes in Franklin homes for saleBrentwood homes for saleMcKays Mill Homes for saleWesthaven Homes for sale, and Golf Community homes for sale.

Let us solve the puzzle for you in the current real estate market!

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale

The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.

EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555

Each Office Independently Owned and Operated

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way