What is going on in the Nashville Housing Market? Top Performer
I put together the MSA comparison for each major MSA markets for real estate and Nashville, TN was an interesting data point. The housing market in Nashville is 40% of above its last peak of Jan 2008.
For the local investors there, Just curious to what is going on over there? When all the other real estate markets were dropping 25-50% during the last mortgage crisis between 2006-2011, Nashville market just dropped 9.1%. Tech jobs? Population Growth, Low Taxes? Nashville's housing market looks to be 9.1% to the downside and 40% to the upside. In Atlanta, we dropped almost 40% in the last downturn and now 4.9% above the last peak in July 2007. What is going on in the housing market in Nashville?