Real Deal Column

You’ve likely heard it before: buying a home is one of the biggest financial transactions you’ll ever make. And for most of us, that statement holds true. With such a major investment on the line, it’s crucial to be as prepared as possible—understanding every aspect of the property before you finalize the deal.

On March 6, we hosted our first NASHONOMICS NOW of the year, featuring an insightful discussion on the economic and housing trends shaping Middle Tennessee. Led by our President-Elect, Jack Gaughan, this virtual series brings together industry experts throughout the year to break down key market forces affecting real estate professionals and the broader community.

The latest home sales data from Greater Nashville Realtors was recently released, offering key insights into the region's housing market compared to last year.

Homeownership has long been a cornerstone of the American Dream, providing financial stability and a reliable path to building long-term wealth. Across the country, rising home prices have reinforced this reality, making real estate one of the most effective investments for wealth accumulation.

For the past several decades, Greater Nashville Realtors has proudly celebrated the achievements and contributions of its members at the annual Awards of Excellence Gala. This event honors the professionals who have guided countless Tennesseans—whether first-time buyers, retirees, or growing families—in finding their place to call home in the Nashville area.

Last year, Greater Nashville Realtors partnered with the Nashville Area Chamber of Commerce to deliver valuable economic insights to our members. Thanks to the expertise of Bishoy Mikhail, the Chamber’s Vice President of Research, we’ve gained a clearer picture of the region’s job market, population growth, and housing trends. These key factors continue to shape Middle Tennessee’s economic future.

Last week, Greater Nashville REALTORS® released its monthly home sales report for January, and the numbers are promising as we ease into the second month of the year.

Over the last several years, communities across our state have been significantly impacted by natural disasters. From the once-in-a-lifetime floods that poured over Nashville in 2010 to the devastating tornadoes that struck the city in 2020, and most recently, on the West Coast, where catastrophic fires erupted in California, displacing more than 200,000 residents in the Los Angeles area—these types of events are unfortunately all too common.