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December 2023 Nashville & Middle TN Real Estate Update

The big day is almost here and it’s not the calendar that tells us so, but the growing excitement of our kids and grandkids! It always rubs off on our hearts. And it looks like the Federal Reserve is giving all you would be buyers and sellers a much-needed breather in interest rate hikes. In the last 2 months the rate has dropped 1 per cent from 8.03% to 7.05% as of this writing. Industry observers and Sam and I believe we will see further cuts as we traverse 2024, which will free up pent up demand in both the buyer market and existing home sale markets. So, if you’ve been sitting on the fence about buying or selling we feel this is a good time to reassess your options. The Nashville Home Guys would be happy to sit down with you and talk through your particular situation to help you formulate a plan to accomplish your real estate objectives. In the meantime……Merry Christmas and Happy New Year!!!