Cool Springs homes and condo sales in Zip Code 37067 for the month of July are as follows.
- 34 single family homes sold in July of 2008 compared to 48 in 2007
- The average price of cool springs real estate sold was $425,794 in 2008, compared to $497,306 in 2007
- The average size of Cool Springs real estate was 3152 square ft in 2008, compared to 3317 in 2007
- The average price per square ft in 2008 was $135 in 2008 compared to $149 in 2007
- The most expensive cool springs real estate closed in 2008 was $781,000 compared to$1,750,000 in 2007
To summarize, Cool Springs real estate is still moving, but the higher priced homes are moving slower that they were in 2007.
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The federal government is giving first time home buyers a $7500 tax credit if they buy a home. No loopholes, no crazy limits that would make it just a headline. Even without the tax credit, it's a great time to buy a home. Prices will probably never be this low again, so tell your friends, tell you family. Just don't wait until it expires, or another administration comes into office with a plan that calls for increased taxes. Take advantage of the environment we are in to make some money and live in a nice place.