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by CareyBot

Following a record-breaking year, the Greater Nashville, Tenn., housing market continued to increase in January, according to data released by the Greater Nashville Association of Realtors. For January, there were 1,991 home closings, which is a 14 percent increase from the 1,738 closings reported for January 2003. "Announcing an increase in home sales for Greater Nashville is a great way to start the year," said Jay Lowenthal, president of GNAR. "2003 was a record year, and 2004 is starting out strong, as well, even in a season that's traditionally slower for the real estate market." The average number of days on the market for a single-family home was 83 days, compared with 86 days for January 2003. The median residential price for a single-family home during January was $135,000 ...