Nashville Tops Real Estate Markets for 3rd Year But Transit and Permitting Issues Cloud Outlook
-
Nashville named top real estate market for 3rd straight year in Emerging Trends report, a first in the report's 45-year history.
-
Major developments like the new NFL stadium and Oracle campus boost Nashville's prospects, but poor transit and cumbersome permitting dampen outlook.
-
The "Great Reset" means slower growth, higher interest rates and tighter lending through 2024. Flexibility and relationships will be key for real estate investors.
-
Industry experts say Nashville must improve transit, sidewalks and bike infrastructure to keep up with peer cities like Austin.
-
Nashville's diverse business sectors, downtown crowds and suburban growth fuel its continued popularity for real estate investment.