Nashville is on Top … Again

A recent WalletHub report ranked Nashville as the #1 real estate market in the US. Criteria for this ranking includes home valuation forecast, median-home price appreciation, and median days on market. Other economics affect home values, and WalletHub considered Nashville’s employment rate, housing affordability and population growth as well.

As a home buyer in Nashville, think about your purchase from an investment standpoint - because you ARE making an investment in your future. The current mortgage interest rates do have a direct effect on your monthly mortgage payment and purchase amount. So you might not be able to afford as much as you hoped right now. There are programs to give a discount on interest rates for homes in certain zip codes in Nashville. See the map below for areas in which you may receive up to a 1% point deduction in your interest rate! For more questions, contact Amanda Gilbert at Steadfast Mortgage.