2023 was a rocky year in Rocky Top with the housing market. Sales numbers are down significantly while the home prices are even higher. What is all this happening? What can we expect from the 2024 Tennessee Real Estate Market? There are 3 problems in the Tennessee Real Estate Market that we will be concerned about in 2024: Home Prices, Inventory, and Rates. Together these three issues create a significant impact to both home buyers and home sellers in Tennessee.
Check out this video below for more on these three problems with the Tennessee Real Estate Market in 2024
3 Problems with the Tennessee Real Estate Market in 2024
Columbia TN – Old and Historic Homes for Sale
Columbia, Tennessee, is a city steeped in history and known for its beautifully preserved old homes. These historic homes are not only a testament to the city’s rich cultural heritage, but they also offer a glimpse into the architectural and design styles of bygone eras. Many of these homes have been lovingly restored to their former glory, while others remain…
2019 Autumn Ridge Way (215) Spring Hill, TN
Welcome to 2019 Autumn Ridge Way lot 215 in Spring Hill, TN! This beautiful custom home is currently under construction in Autumn Ridge. It has 4 bedrooms and 3.5 bathrooms. The master bedroom is on the main floor with a large master bathroom. The kitchen is open to the living room with built in cabinets on both sides of the…
1191 Old Highway 99 Columbia, TN – New Construction Home by Prominence Building Corporation
If you are moving to Tennessee this is a home you will want to see! 1191 Old Hwy 99 is a Custom home built by Prominence Building Corporation with a MAIN FLOOR PRIMARY SUITE, LARGE 3 CAR GARAGE, BONUS ROOM, and MEDIA ROOM! This home had a lot that is just over ONE ACRE with NO HOA! Beautiful ALL BRICK…
The Pros and Cons of New Construction Homes
New construction homes offer many advantages to homebuyers, including customization, energy efficiency, and modern amenities. However, there are also some drawbacks to consider, such as higher costs, longer wait times, and limited negotiation options. It’s important for buyers to carefully weigh the pros and cons of new construction homes before making a decision. In this way, they can make an…