Nashville Real Estate News
Nashville
More Americans Opting for Renting Over Homeownership in 2024
According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.
Small Investors Quietly Reshaping the U.S. Housing Market in Late 2024
Recent research from CoreLogic in Q3 of 2024 underscores the prominent role of smaller investors, commonly referred to as mom-and-pop landlords, who typically own three to ten properties.
U.S. Home Builders Express Optimism for 2025
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders' optimism about a potential improvement in the regulatory business environment by 2025.
Construction Job Openings in U.S. Down 40 Percent Annually in October
The construction industry had 249,000 job openings as of the last day of October, according to an analysis by Associated Builders and Contractors based on data from the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Nashville Property News
One in Five Americans Had a Political Disagreement with a Neighbor in 2024
Posted on October 25, 2024
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