Robust Residential RE Appreciation...Not a new thing for Greater Nashville
A consistent performer! Residential property has provided residents of Greater Nashville a solid return on appreciation (averaging 4.7% growth annually). This study spans 40 years. Even the dip during the Great Recession from 2008-2011 wasn’t as pronounced here as in other parts of the country. But are we facing a bubble scenario? The Realtrends author says no, and supports the position with a macro viewpoint across the US housing market. Even more so, Greater Nashville has extraordinary strength from multiple resources including the relocation draw from industry as well as the Work from Home phenomenon. People simply want to live here.
Realtrends May 18, 2021 Article - 7 Reasons we’re not in a real estate bubble
Comments
Post a Comment