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    June 2022 Rutherford County Real Estate Update

    By John Jones | June 7, 2022

    In May, we saw some significant movement in the Rutherford County real estate market. Most notably Average Daily Inventory was up for the first time YOY since the onset of COVID and also up significantly (+35.6%) month-over-month. Meanwhile interest rates dipped, now at 5.09% (30-Year FRM), down from 5.27% this time last month. Read on for an in-depth look at the most current Rutherford County real estate data. Read More

    May 2022 Rutherford County Real Estate Update

    By John Jones | May 6, 2022

    In April, Listings Added were down -17% from last April, but the good news is Average Daily Inventory is up 12.99% from the previous month. That's two straight months of double digit Inventory improvement. Meanwhile interest rates continue rising, now at 5.27% (30-Year FRM), the highest they've been since 2009. Read on for an in-depth look at the most current Rutherford County real estate data. Read More

    April 2022 Rutherford County Real Estate Update

    By John Jones | April 8, 2022

    In March, Listings Added in Rutherford County were down -23% from last March, but the good news is they're up +30% from this February. Meanwhile interest rates (30-Year FRM) are currently averaging 4.72% vs. 3.76% this time last month. For reference, the last time rates were above 4.6% was December 2018 on their way back down from their last peak of 4.94% in November of 2018. Read on for our in-depth look at the most recent local market data. Read More

    March 2022 Rutherford County Real Estate Update

    By John Jones | March 8, 2022

    Last month, we finally saw some good news for buyers in the Rutherford County real estate market. Average Daily Inventory improved slightly from the previous month, though Listings Added remained nearly identical to the month prior, still a welcome improvement from constant declines seen throughout last year. Read on for our in-depth look at the local market data.  Read More

    February 2022 Rutherford County Real Estate Update

    By John Jones | February 8, 2022

    Is the Rutherford County real estate market headed for a crash like in 2008? Well, the data suggests not. In January, we saw 23 more homes go under contract than new homes that came on the market. That’s just a simple example of why Inventory continues to dwindle, now down -41.64% year-over-year, causing home prices to continue ticking upward. Read on for our in-depth look at the most current local real estate market data. Read More

    January 2022 Rutherford County Real Estate Update

    By John Jones | January 7, 2022

    The 2021 data is in, but the big news this month is Supply has hit a new record low for Rutherford County, with only 0.24 Months Supply of Homes. That's roughly a week's worth of Inventory when compared to turnover rates. Here's your full rundown of the monthly & year end real estate data comparisons, plus some predictions for 2022! Read More

    December 2021 RuCo Real Estate Market Update

    By John Jones | December 7, 2021

    In November, Closed Sales in Rutherford County were down -1.73% from November 2020. Pendings were up +0.96%, while Inventory was down -24.65% from the same period last year and down -13.64% from the prior month. Read on for our in-depth look at the latest local market data. Read More

    November 2021 RuCo Real Estate Market Update

    By John Jones | November 8, 2021

    In October, Closed Sales in Rutherford County were down -6.03% from October 2020. Pendings were up +6.42%, while Inventory was down -27.09% from the same period last year, and down -11.11% for last month. This after four straight months of Inventory improvement. Read on for our in-depth look at the latest local market data. Read More

    Where Are Home Prices Headed?

    By John Jones | October 20, 2021

    Home prices have increased, or appreciated, for 114 straight months. Pulsenomics recently surveyed over 100 economists, investment strategists, and housing market analysts asking for their five-year projections. The results suggest the market may see some slight deceleration, but not depreciation. Read More

    October 2021 RuCo Real Estate Market Update

    By John Jones | October 6, 2021

    In September, Closed Sales in Rutherford County were down -9.30% from September 2020. Pendings were only down -0.82%, while Inventory was down -19.32%, but up +1.11% from the previous month. This marks Rutherford County's fourth straight month of Inventory improvement. Read on for our in-depth look at the latest local market data. Read More