Some small investors are concerned about Nashville because of the high demand and the resulting increase on home prices.
And my message to them is simple: don’t give up on Nashville now.
According to Jonathon Smoke, Chief Economist of realtor.com, 4.4 million millennials will be turning 30 next year and many bookers are still preparing for retirement. These life changes will be driving the housing market for years to come and Nashville is poised to benefit from both of them.
Let’s look at millennials first.
They are attracted to our fine city by the job market.
And in a recent study by the site Abode, Nashville ranks in the top 10 in two of the largest job categories: Health Care and Arts, Media & Entertainment.