Thursday, February 24, 2022 / by Damon Smith
Since then, as life continues to normalize, even more people are deciding to relocate to Nashville thanks to all that the city has to offer. Rapid growth, increased high-paying job opportunities, and vast commercial and residential development continues to keep Nashville at the forefront of the top places to live. Growth coupled with a more affordable cost of living in comparison to other large U.S. Metros make Nashville highly desirable. It's no wonder why nearly 100 people move to Music City each day!
The influx has caused a notable housing inventory shortage in the Greater Nashville area, one of the key factors causing home values to appreciate at unprecedented rates. Last year was the year of lift-off, and similar trends continue to soar in 2022.
The Compass 2021 Nashville Market Reports are out now! Are you considering buying in Nashville? Or, maybe you are a homeowner curious about the value of your home in this market. Either way, read more about our incredibly thriving real estate trends here. Then, reach out to The Damon Smith Team at Compass to start your next real estate journey! Because knowledge, experience, and connections matter – we invite you to reach out to learn why our top-producing team of agents is right for you.