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The Wendy Monday

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BUYER BEWARE!


#wendymondaysellingnashville #nashvillerealtor #nashville #nashvilleagent #nashvillehomes #realestate #realestatebroker #nashvillerealestate #housingmarketnashville #housingforecast

Beware click bait on the housing market portending doom.


Most news stories report on closed sales contracted weeks or months ago.


That information is ancient in a fast chancing market.


Boots-on-the-ground data provides a more accurate picture of real time market conditions.


An agent that is a fervent student of both the local market and market fundamentals is your strongest asset.


Consider these recent articles on market fundamentals.


🗞Fed official: Nashville housing market still ‘incredibly attractive’


“Nashville’s fundamental dynamics continue to make this an incredibly attractive market both to people moving to the community and to investors.”


-Laurel Graefe

Federal Reserve Bank of Atlanta



🗞Mortgage Rates Dip Below 5%; Buyers Get ‘A Second-Chance Opportunity


“Though still higher than a year ago, the current rate of under 5% means around a 12% reduction in monthly payments compared to when mortgage rates peaked at 6% just two months ago. Rates could turn upward but unlikely to retouch the 6% mark.”


- Lawrence Yun

Chief Economist Nat’l Assoc of Realtors



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Looking for a Nashville home?

Wendy Monday

Broker Village Real Estate

www.wendymonday.com

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#wendymondaysellingnashville #nashvillerealtor #nashville #nashvilleagent #nashvillehomes #realestate #realestatebroker #nashvillerealestate #housingmarketnashville #housingforecast

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