Source : iHumanMedia.com
Nashville just took the #7 spot for 2016 Real Estate Trends, just behind Denver ranked at #6 in the PricewaterhouseCoopers Report. While larger cities like New York, Chicago, and Washington, D.C. are losing ground due to the skyrocketing cost of living. Review the cost of living data for Nashville middle Tennessee …
“It’s a job creation story,” Mitchell Roschelle, the PwC real estate advisory leader who spearheaded the report, said, citing Dallas, Austin, and Nashville as examples. “Jobs chase the people. As employment rises, more people come, more jobs come, so it’s really a good cycle.”
“’Gateway’ markets like New York and Boston that were viewed once as defensive plays by investors have sort of fallen by the wayside, and opportunities to enhance yield in more offensive plays really got in the spotlight,” said Roschelle. “That’s why you see this rotation toward secondary and tertiary markets like Nashville and Denver – to try to free up some of that sideline capital.”
Checkout the VIDEO TOUR of a home for sale in Nashville middle Tennessee.