2011 home sales are up in nashville

a feat we haven’t seen since 2006, home sales were up at the end of the year compared to the previous.  20,624 homes were sold for the year giving us a 1.8% increase over 2010.  4th quarter was up 17.9%.  even though prices were still down, this is encouraging news for the economy and the housing market.

december, up 18.2%, marked the sixth consecutive month in double digit gains in the greater nashville area.  there were 1,652 pending sales to close out the year (up from 1,273 in 2010) signaling 2012 will be off to a good start as well.

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