this article talks about a National trend that has some relevance to whats happening here in Middle TN. things are cooling a bit with resales - we still have multiple offer scenarios, but theyre fewer. We think increased pricing is a big factor. Cash investors want to make their money on the front end and that gets tougher to do as prices rise. Theres a fair amount of investor money going into development projects that we dont necessarily know about yet
Posted on: Mon, 22 Sep 2014 21:20:36 +0000
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