Rutherford County continues with Growing Real Estate Market
According to the December 18, 2006, Daily News Journal, the housing market in Rutherford County, Tennessee, continues to grow despite a general slowdown nationwide.
The article noted that, “Home buyers this year have closed on 5,883 through November at an average price of $172,240, and about 44 percent of them were new houses, according to RealTracs Multiple Listing Service. The total is 17 more than reported for the same period in 2005 at an average price of $160,900. House sales for 2006 so far also surpass the total in 2000 of 3,630 when the average price was $127,100.”