What’s the bigger problem facing our Nashville real estate market: rising prices or lack of inventory? In this episode of “The Talk of Music City Real Estate,” we’ll answer this question and more. There are plenty of would-be sellers out there who won’t pull the trigger because they’re afraid they’ll have nowhere to go after they do sell. However, the momentum of people moving to the Middle Tennessee area has prevented any significant market slowdown.
Feel free to watch the video above in its entirety to watch the full episode or use these timestamps to skip ahead to various sections at your leisure:
2:03—The challenge low inventory and rising prices are creating in our market
6:21—Is the influx of people moving to our market stifling things?
12:12—The question of low appraisals
16:26—How have vacant land prices been?
18:29—Interest rates and refinancing
If you have questions about our Nashville market or any of the topics we discussed today, don’t hesitate to reach out to me. I’m happy to help.
