Strong Buyer Demand Amidst Shrinking Inventory
The May housing numbers are in for Rutherford County and it looks like we're seeing a similar trend as last month. Closed sales were down by 20 percent compared to the previous year in May, similar to what we saw the month prior. However, the good news is that pending sales only dropped by five percent compared to last May. Here's what's interesting: despite the lower number of sales, inventory isn't really improving. Read on for a more in-depth look at the most current local market data.
