JUST LISTED: Housing market figures and newly listed local properties


Home Page staff reports

With the weekend here, properties that have just come on the market in Nolensville will be a welcome sight to those anticipating a move or thinking about putting a home up for sale.

With the weekend here, properties that have just come on the market in Nolensville will be a welcome sight to those anticipating a move or thinking about putting a home up for sale. And for everyone interested in the housing market, local experts offer the following insights.

According to mortgage planner Dan Kraus with Churchill Mortgage, the Bankrate Mortgage Rate Trend Index that comes out every Thursday indicated on Dec. 10 that 33 percent of analysts predicted rates will trend up, 22 percent predicted rates will trend down and 45 percent predicted rates will remain unchanged.

Kraus also said a final wave of economic data has rolled in ahead of the Fed’s last Federal Open Market Committee meeting of the year.
Following two strong monthly Jobs Reports for October and November, weekly Initial Jobless Claims continue to show a strengthening jobs market. Although claims rose from the week prior, this was the 39th straight week that unemployment benefits held below 300,000, which is a level that signals a strong jobs market.

For a complete wrap-up of economic news from last week, a forecast for the coming week and its effects on home loan rates, read the Mortgage Market Guide.

Here are some of the latest properties to hit the Nolensville market, courtesy of Jarratt Bell and Rochford Bell Real Estate:

For more newly listed properties in the area, visit Home Page Media’s other Just Listed pages on Brentwood Home Page, Franklin Home Page and Spring Hill Home Page.

According to Bell, inventory levels remain below normal across Williamson County, with the exception of Brentwood, which is within the historical norm of 6 months based on November’s sales pace.

Current Williamson County Inventory and Pricing

Active Listings

Closed Last Month

Months of Inventory

Median Price Nov. 2015

Median Price Nov. 2014

Change from 2014

Brentwood

269

43

6.3

$616,271

$619,120

-0.46%

Franklin

679

145

4.7

$452,000

$396,500

14.00%

Nolensville

128

37

3.5

$405,000

$424,950

-4.69%

Spring Hill

171

40

4.3

$284,500

$282,063

0.86%

Bell said the county could really use more inventory, so give him a call if you’re considering selling your home and it could be featured on Just Listed.

About The Author

Kelly Gilfillan is the owner-publisher of Home Page Media Group which has been publishing hyperlocal news since 2009.

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