Spring Hill Homes - Market Update April 2023
By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill homes for sale - April 2023Home sales in spring hill are considerably slower than they were at this period last year, as you would expect with the Federal Reserve rate hikes pushing mortgage rates over 6% for the first time since 2009. Prices on resale homes have cooled a little bit, but we still have a shortage or homes because nobody wants to give up their existing mortgage. New construction home prices are still very high and they aren't building very many if any spec homes. I have buyers looking to purchase today even with the high interest rates, but all the homes that meet their criteria are purchased immediately. Call me if you need help buying or selling in Spring Hill Tn 21 homes sold in Spring Hill during the month of March 2023 compared to 39 for the same period o...
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