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July 2010
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New Home Sales Are Up

New Home Sales Are Up
The Commerce Department reports that new-home sales grew
in July at the fastest pace in 10 months. Volume
climbed 9.6 percent — the most since February 2005 — to an
annual rate of 433,000, topping economists’ estimates of
390,000.

Also, the median price of a new home slipped 0.1 percent from
June to $210,000; and the inventory [...]

Coffee County Housing Activity

As reported in the multiple listing service form March 1 to March 28:
509 active homes listing price ranging from $ 27,500 to $ 4,300,000.
20 pending listed price ranging from $ 24,750 to $ 299,900.
9 sold price range $ 66,000 to $ 350,000

Franklin County Housing Activity

As reported in the multiple listing service form March 1 to March 28:
428 active homes listing price ranging from $ 7,900 to $ 3,500,000.
17 pending listed price ranging from $ 29,900 to $ 559,000.
2 sold price range $ 90,000 to $ 265,000

Grundy County Housing Activity

As reported in the multiple listing service form March 1 to March 28:
64 active homes listing price ranging from $ 28,000 to $ 1,489,900.
4 pending listing price ranging from $ 50,000 to $ 140,000.