A Soft Landing, Especially for Nashville and Middle TN



Faced with dramatic inflation figures, economic forecasters have warned over the past several months that the residential real estate market could cool considerably following years of explosive growth. Yet conversely there are positive national indicators (and growing optimism) that the economy is heading towards a soft landing. Even more so, with "Location, Location, Location" as the age-old real estate mantra, local factors point to our Middle TN region faring well and thriving despite the storm clouds. 3 recent articles and reports highlight Nashville's steady position. Don't miss the quick read WSJ Mansions/Realtor.com.

Click the image for linked video



  • Greater Nashville REALTORS® president Steve Jolly remarked that for our local housing environment, "transitioning to a more balanced market is healthy for Nashville and Middle Tennessee." In the GNR July monthly report (Click Link), inventory is up 76% from this time last year. "The supply of homes has increased, but not enough to significantly affect the momentum of the market," Jolly continues, "That's good news as prices are holding steady even with the supply increasing. I expect prices to rise again when rates get close to five percent consistently."

Tennessee and Greater Nashville are gaining kudos from economists and publications that rank our region at the highest levels across a variety of key financial categories as well as for quality of life, weather and accessibility of outdoor activities.

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