RED REPORT – Year End 2019 Middle TN Home/Condo Sales Report Year End 2019 Issue. The Red Forecast 2019 ended very strong with a 6% increase over 2018 closings and prices. I think we all expected a modest increase in prices, but a 6% increase in closings is a larger increase than most expected. If […]
RED REPORT – November 2019 Middle TN Home/Condo Sales Report 4th Quarter 2019 Issue. Reminder: The monthly report is just a simple comparison of the most recent completed month to the same month last year. The quarterly reports will be a more detailed report looking at year to date, same period year to year and quarter […]
RED REPORT – October 2019 Middle TN Home/Condo Sales Report 3rd Quarter 2019 Issue. October 2019 vs October 2018 Closing Volume = 10.7% higher Average Closed Prices = 3.2% higher Pending Volume = 30.4% higher October sales are quite a bit higher than last year’s October. Prices continue to edge higher with an average of $401,610. […]
RED REPORT – 3rd Quarter 2019 Middle TN Home/Condo Sales Report 3rd Quarter 2019 Issue. The Red Forecast The third quarter wrapped up above last year’s third quarter to keep 2019 at 4% above 2018 after a slow start in the beginning of the year. Most expected 2019 closings to be similar to 2018 with […]
RED REPORT – August 2019 Middle TN Home/Condo Sales Report August 2019 Issue. Closing Volume = Same/no change Average Closed Prices = 5.6% higher Pending Volume = 21% higher August closing volume is basically the same with less than a quarter of a percent increase, so we’ll call it the same/no change since that may be […]
RED REPORT – July 2019 Middle TN Home/Condo Sales Report July 2019 Issue. *BONUS New Construction VS Total Market (Home Sales) Our office had several discussions the last several weeks about new construction vs the total market.Here’s some of the data we pulled- some surprised us and some didn’t, but it was all interesting/helpful as […]
RED REPORT – 2nd Quarter 2019 Middle TN Home/Condo Sales Report 2nd Quarter 2019 Issue. The Red Forecast Hello Spring and Summer Season!! The 2nd Quarter sales activity did not disappoint and actually made up for a slower 1st quarter than we’ve seen the last few years. I hope you are enjoying the quarterly format. […]
RED REPORT – FIRST QUARTER 2019 The Red Forecast 2019 closings started off a little less (-3%) than 2018’s first quarter, but the pending activity has seen a nice boost with a 38% increase above last quarter and 8% increase above the 1st quarter of 2018, so this may suggest that the 2nd Quarter will […]
