Real Estate Update – September 2020

Villages of Stoneybrook real estate analysis is at end of article.

SUMNER COUNTY INVENTORY IS LOW MORTGAGE RATES ARE LOW

So it is an awesome time to buy and sell. Existing home sales have had the highest monthly gain in July 2020 since 1968 when such record keeping began. Many buyers are locking in at rates below 3 per cent. My last 2 buyers are among those happy buyers! Properties are often selling for over asking price with multiple offers. With rates so low and so many loan programs available, many young people are able to purchase now and not trow their money away with such high rent. Please contact me for a list of loan officers ready to help your families and friends. I am grateful to live in such a lovely subdivision with fantastic neighbors.

Thank you to our board members for enhancing our pool area and for all they do for all of us. Happy late Summer. Stay safe and wear those masks!!!

Blessings, Eileen Alexander cell 615-390-0927 Coldwell Banker Lakeside 615-824-5920