“The combination of low inventory, low interest rates and an enormous buyer pool of folks relocating from other cities given COVID-19, has created the most competitive market I have seen in East Nashville. The March tornado took out a large portion of inventory that was ready to go on the market, and more buyers than ever are coming to East Nashville. Relocators are coming in droves because the quality of life they loved in California, New York and Chicago, is different now. I’ve been telling sellers if you’re thinking of selling in the next six months, do it now. Interest rates were slashed in half and are at a historical low, which makes locking in a primary residence or investment property right now an incredible time to do so. With inventory at nearly half of where it should be, I believe the market will stay competitive going into the winter months when we typically see a slow down, but winter 2020-2021 shows no signs of softening.”
— ROBBIE DRIMMER
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