“We have witnessed trends that we would’ve never envisioned pre-Covid. Employers had to reinvent themselves under the work from home environment. Buyers are moving more than ever to the suburbs and those in the suburbs are moving rural. Today, homes need to be versatile with space for a gym, school, office, etc. Tennessee is known for its tax policies. People are moving here for its overall cost of living and quality of life. Seeing that listings decreased, while sold transactions increased means we’re a continued constraint of supply with high demand. With the current low rate environment and some cities discussing tax hikes, I believe people will continue to shift in 2021.”
— M I CHA E L OL I V E I RA
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