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.
Last March was rough. It started off with a major tornado through Middle Tennessee overnight on March 2nd into the early morning of March 3rd. Twenty five people died and over 300 were injured. My block in East Nashville narrowly missed it but it left a huge path of destruction.