Market Pulse — Middle TN
Sentiment gauge
Buyer Neutral Seller
Leaning buyers Tough for buyers — Slight price drops and lower volume give buyers some leverage despite high mortgage rates.
Prices have dipped slightly recently, with days on market increasing, indicating less demand and more options for buyers. However, high mortgage rates at 6.37% make affordability tough, limiting buyer activity. Sellers face slower volume, which could pressure prices further.
Price
Homeboy's Advice