Many people are unaware that Nashville, TN for the past 5 years has been one of the nation’s top 25 metro areas. So what does all this have to do with the real estate market in Nashville? For Nashville home buyers
and Nashville real estate investors it means a great deal. All this new information is providing some remarkable increases in property values in and around the Nashville area. The pricing for homes and condos are both doing extremely well and now it’s more of a demand versus supply situation.
If you on the other hand are one of the homeowners who want to sell my Nashville home fast, that market is also booming. Nashville real estate investors are actively seeking out new properties as well as rentals and rehabs to renovate and make a profit or ‘flip’ and ‘seize the moment’ so to speak.
Nashville is enjoying one of the lowest unemployment rates in the nation and is becoming dependent on the influx of job seekers that are coming at the rate of 1,500 per month. The great economy here in Nashville of course brings new housing starts and families moving in and out at a much increased pace.
Many investors are looking to get a 15-20% return on their investments and these local rentals and rehabs are right up their sleeves. Whether you are wanting to get involved in the market right now or perhaps a bit later, there are a great many properties waiting to be sold, rented or renovated and sold.
Many investors don’t realize that a Nashville real estate investor can easily beat the rate of return on CD’s, IRA’s and many other investment plans currently on the market. With the 15-20% returns from most Nashville home sales today that is a reality for certain. One other area of real is the investment aspect. You can almost always beat the guesswork of the stock market and bonds by investing in real estate. They almost always have a better rate of return and they are backed by something much more tangible – real estate.