Just a few short months ago, the Nashville housing market was doing its best impression of the L.A. housing boom of the early 2000s. Prices were skyrocketing and the influx of homeowners from across the country into Music City was unprecedented. Locals were cashing in, sometimes doubling their initial investment, with one heart-stopping caveat – where to move and what to buy next in a sellers-market?
Many Tennesseans struggled to find their next home after the initial windfall of cash. It begged the question of how much the general populous knows about the mechanics of real estate, especially when it concerns themselves.
New Sector Influences
Real estate isn’t immune to the advancements in technology across most sectors. Apps that provide personalized searches, assist in lending practices, and create moment-by-moment market opportunities have changed the experience for those selling homes and those buying them.
