“NASHVILLE, Tenn. (WKRN) — The median home price in Greater Nashville is now up to $480,000, up nearly $100,000 over last year, according to Greater Nashville Realtors.
“Buyers, especially if you haven’t landed a home already, they’re frustrated right now because some have been looking for a while and, in that time, prices have gone up almost 24% here in Nashville, and on top of that, interest rates have gone up almost 2% for some folks,” said Steve Jolly, President of Greater Nashville Realtors.
Fannie Mae’s National Housing Survey shows consumer sentiment has dropped three months in a row to the lowest levels seen since May 2020, early in the pandemic.”
