The average of two months for a home to close is good news for Sellers who need to move. The increase in available inventory gives homebuyers more choices and room to negotiate.
Category: Nashville Housing Market
Affordable Housing
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Nashville Housing Market February 2025
Despite interest rates being a half point higher than they were last February, there were more closings, more homes added to the market, and the highest median price since last July.
Affordable Housing
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Nashville Housing Market March 2024
Despite interest rates being a half point higher than they were last February, there were more closings, more homes added to the market, and the highest median price since last July.
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Nashville Real Estate Market February 2024
January ended with 30 year interest rate averages of 6.69%. After four months of rates above 7%, a second month in a row of rates in the 6’s helped thaw our frozen market.
Affordable Housing
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Nashville Housing Market January 2024
While we’re still in a Seller’s Market, actual Buyers are experiencing a more balanced market.