Last week I had the pleasure of hearing Jessica Lautz, NAR Deputy Chief Economist and Vice President of Research, present to Greater Nashville REALTORS®️ the latest data and forecasting both nationally and locally. Some of the most interesting takeaways were seeing the numbers behind some of the trends we were seeing, affirming that they were … Continue Reading
Archives
Happy New Year + 2022 Year-End Recap
Happy New Year! I hope you had a safe and healthy holiday season and are ready to embrace all that 2023 has to bring. The numbers for 2022 are in and it’s clear the pandemic boom has settled us back to a more “normal” market. While median prices are still up year over year, volume … Continue Reading
Local Recession Thoughts + Happy Thanksgiving
While some recent pundits have predicted all doom and gloom for the housing market, I think Nashville is still in a stronger position than other markets nationally. Why? Our job market is strong and people still want to live here. Nashville/Davidson/Murfreesboro/Columbia, TN Unemployment Rate is at 2.50%, compared to 2.80% last month and 3.10% last … Continue Reading
Adjusting Expectations + Halloween Galette
I get a lot of questions about this changing market and what it looks like ahead. None of us have a crystal ball, but we do have a good read on what is happening now. Last month we addressed the rebalancing of the market, and how this shift is bringing us back to pre-pandemic levels … Continue Reading
