Middle Tennessee market slowing down?

[Marcos Flores]

Hey guys! I'm wondering if any of you in the Middle Tennessee area who have done any buying or selling in the past few months have seen any actual signs of the market slowing down here?

I ask because I put my latest flip on the market a little over a month ago and we haven't had as many showings as I thought we would. I'm guessing some of the explanation is that it's at a higher price point ($600k-ish) But still, not as many showings as we were expecting. According to the comps, we're priced below what similar properties have sold for this year and lots below other similar properties currently on the market.

Any thoughts? Any one else experiencing this?

[Lucius Carroll]

No.

I saw the actual numbers at our REIN meeting last night - still strong and active.

Most of the time homes above $400K take longer - typical executive family homes and they are settled in to the school year and moving toward the holidays.