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.
Category: Nashville
Affordable Housing
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Cooling a Hot Seller’s Market: Local Demand Meets Rising Interest Rates
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.
Build Your Nest
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Does It Come in Green?
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.
