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Nashville, Tennessee Continues Housing Beat

With lower-than-average unemployment rates, Nashville attracts residents and relocation buyers in many industries, which keeps housing prices up in a seller's market.

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"The Nashville area is known as a center for the healthcare and insurance industries as well as the music industry," says Realtor Eileen R. Conners. "There are jobs in all sectors including manufacturing."

Conners advises, "Sellers, if you are considering listing your house, now is the time to do it. There are more buyers than there are good houses. Just make sure that you follow your agent's advice on preparing and staging your home. Buyers, don't be surprised if you get involved in a multiple-offer situation. This year, in some areas of Nashville, sellers are getting more than asking price for their homes."

"It's a great market, say Realtors Jane and Walter Roberts. "Rates are wonderful and days on market for sellers is getting shorter. Nashville is such a vast area that it is hard to bunch all of Davidson County into one comment. The Brentwood, Franklin and Williamson County areas are absolutely wonderful. Lifestyle and quality of life are excellent. Commute time to just about anywhere is great."

Says Realtor Dorothy Hines, "Nashville is Music City USA, Home of the Tennessee Titans, Nashville Predators, Athens of the South, Home of the Grand Ole Opry. The secret to Nashville's success as a city is its quality of life. Nashville's quality of life goes beyond its seasonally mild climate, rich landscape, laid-back lifestyle and affordable cost of living. It also encompasses every aspect of the good life, from entertainment and recreational activities to friendly, welcoming neighborhoods. Over the past few years, people from all over have discovered that the Nashville area is one of the most attractive and affordable places in the country to live, work and raise a family. With affordable housing and a cost of living well below the national average, Nashville has become home to families from all ethnic backgrounds and income levels."

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Published: July 8, 2004

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

Today's Headlines 07/08/2004


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