Monday, April 12 2010
Home sales in Middle Tennessee are up for the sixth straight month compared to a year ago. And the number of homes for sale jumped dramatically in March, which officials say shows growing confidence in the economy.
And GNAR president Lucy Smith says more houses are on the market. She says many people have been wanting to move, but were holding off, out of worry for the economy –
Smith notes spring is typically an up time for home sales, and tax credits have also helped the market. But she says the first-time home buyer’s tax credit expires this month, and probably won’t be renewed.