How many more houses the Nashville area needs to meet demand is influenced by the cost to borrow. Extremely low interest rates in 2020 and 2021 led to an enormous gap between how many homes our market could absorb and how many were for sale.
As mortgage interest rates have risen, our local Middle Tennessee housing market has cooled but definitely not stalled. Following supply, an indicator of how many months worth of houses buyers have to choose from, we are still very much in a seller’s market.
If your image of Nashville is the Grand Ole Opry and honky tonks, then this is probably the spot you’re envisioning. It’s also the place where you can live in a high-rise condominium or converted historic building and go completely urban.
On the border of Shelby Park, community garden, dog park, golf course, ball fields, and the Shelby Bottoms Nature Center and Greenway, Boscobel Heights offers quite a bit to anyone who likes to do things outside.