Monday, October 04, 2010
Dyersburg Real Estate Market Sales Increasing
For the last 6 or 7 weeks the Dyersburg real estate market sales have been increasing. I would like to say it is because the national economy is recovering but I do not believe that to be the case. I do believe however that there are signs of life in the local economy as 2-3 local plants have been hiring and steel mill related plants across the river have been doing pretty well.
I really believe the current business is mostly just pent up demand and record low interest rates. I did close a nice home sale on Friday to the controller of a local plant. He moved here almost a year ago and has been renting from me until the right deal came along. His interest rate on a 30 year mortgage is around 4%.
Perhaps you are moving to the Dyersburg area but not quite ready to purchase until you find that "perfect" deal. We can help with a rental(like we did for the guy up above)until you get to know the area and are ready to "jump".
I really believe the current business is mostly just pent up demand and record low interest rates. I did close a nice home sale on Friday to the controller of a local plant. He moved here almost a year ago and has been renting from me until the right deal came along. His interest rate on a 30 year mortgage is around 4%.
Perhaps you are moving to the Dyersburg area but not quite ready to purchase until you find that "perfect" deal. We can help with a rental(like we did for the guy up above)until you get to know the area and are ready to "jump".
Labels: Bloggers discuss Dyersburg Tn real estate market
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