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.
Beautifully renovated home offers all the joys of life on the water outside of the city. One-story home with expansive water views and open floor plan. Enjoy the views from a screened in porch, a covered porch, or the lower deck.