Unbelievable: New Record $1M Median Home Price | Nashville Housing Update

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Ethan Flynn, CPA | Real Estate

Ethan Flynn, CPA | Real Estate

Күн бұрын

This is a Data centric Analytical approach to the Nashville Tn Housing Market. We look at trends in active listings, median price, mortgage rates, contracts, rent rates
Ethan Flynn
www.ethanflynn.com
423-767-6000
tflynn@realtracs.com
www.ethanflynn.com
Let's talk! Book time here: calendly.com/ethanflynn/30min
Newsletter: ethanflynn.substack.com/p/com...
TN CPA License: 24309
TN Real Estate License: 356949
greaternashvillerealtors.org
www.realtracs.com
Recurve Real Estate
DANA JORGENSEN
PRINCIPAL BROKER | OWNER
LICENSE: 344195
(615) 496-3837
dana@recurverealestate.com
#housingmarketupdate #nashville #housingcrash #housingmarket

Пікірлер: 37
@EthanFlynn
@EthanFlynn 12 күн бұрын
www.ethanflynn.com Let's talk! Book time here: calendly.com/ethanflynn/30min Newsletter: ethanflynn.substack.com/p/coming-soon
@chipward7509
@chipward7509 10 күн бұрын
I told someone yesterday that I've always been good at pulling comps and finding accurate home values. You have essentially been my high school algebra teacher for home values. I could always come up with the answer but now I can "show my work." Thanks.
@EthanFlynn
@EthanFlynn 10 күн бұрын
Thanks Chip!
@John-fr4hu
@John-fr4hu 11 күн бұрын
Yep, management I work with continue to be dumbfounded that they cant find young people who live in Nashville to work. Nope we all live an hour or more away from Nashville. Cant pay a guy $25 an hour and expect them to be able to buy a house local to Nashville. Boomer math never fails.
@professorprofessorson8795
@professorprofessorson8795 12 күн бұрын
Crash incoming
@EthanFlynn
@EthanFlynn 9 күн бұрын
Maybe in the Fall? Maybe if we get 8% rates? Maybe the crash is in our currency?
@ThriftyCHNR
@ThriftyCHNR 11 күн бұрын
Companies are moving here for only one reason= Money. Cheaper salaries, real estate/rent, and government benefits at the expense of the taxpayer. When Tennessee is fully gentrified and expensive, they will pack up and move to another state or go completely virtual.
@MelieSue
@MelieSue 12 күн бұрын
Yeah trying to get a doctor here is a nightmare. There’s just too many people here that all the good doctors already have enough patients. Frankly, I think it’s pretty shameful that Nashville has “OK’ed” this Oracle move, knowing dang well that we already have a housing crisis here. Would love to know what kickbacks Oracle got as well…
@EthanFlynn
@EthanFlynn 9 күн бұрын
Lots of tax incentives. It’s a good point. Why pay companies to move here if Nashville has a housing shortage?
@goosegray
@goosegray 12 күн бұрын
Appreciate the price band breakdowns, really helps frame things.
@EthanFlynn
@EthanFlynn 9 күн бұрын
Thank you!
@shakeorefined2514
@shakeorefined2514 12 күн бұрын
Shocking info! Thanks for sharing, sir!
@EthanFlynn
@EthanFlynn 12 күн бұрын
Thanks!
@drbakker
@drbakker 12 күн бұрын
Great video. So, a question for you - is owning or buying a house now a hedge against inflation? What about stagflation?
@EthanFlynn
@EthanFlynn 9 күн бұрын
Owning long run is a great hedge on inflation and stagflation IMO. As long as you can hang on to it. Nobody should be certain they know where prices are going with all of the uncertainty around gov deficits, inflation. It’s really decided by central planners. Unfortunately.
@SirCarlosMusicBMI
@SirCarlosMusicBMI 12 күн бұрын
🎉🎉🎉 At minute 3:30 , I believe that as well, But if you had asked me last year I would have told you that this would be impossible! 4:03 Bank Failures? There’s going to be a lot more of them coming soon! I’ve been keeping an eye on the Wilson County market for a while now since I have had 3 homes there. But now after watching this market for so long I’m becoming to think just like the others who still see value in the $500,K range. Even though I bought my last house there about 6 years ago for only $435,K and sold it for around $778,K But I know better and will just wait! I remember when the key number/price for buying and selling homes in Wilson County was around the $200,K mark for a nice new home there. I guess that i was just one of the lucky ones who got in and got out at the right time. Thank you so much Ethan for all you share with us. You’re doing an awesome job at what you do. Have a great week my friend. Blessings,Carlos ✝️🙏❤️😊🇺🇸
@EthanFlynn
@EthanFlynn 9 күн бұрын
Thank you!
@samihultine4840
@samihultine4840 11 күн бұрын
I’d love to see more info on other counties. I’m looking in Rutherford (under 1M) and miss seeing a glimpse of that data.
@EthanFlynn
@EthanFlynn 10 күн бұрын
Noted. Will try to include broader area including Rutherford.
@tacmason
@tacmason 12 күн бұрын
I was an Maintenance mechanic at Centennial for nine years , I was barely able to get my minimum health care needs met , the last Doctor I had there - was a young , thin Doctor who told me that I should try losing some weight - if I wanted to feel better. He was right, but I did not appreciate the "attitude".
@EthanFlynn
@EthanFlynn 9 күн бұрын
I’m sorry to hear that.
@MrBoxofplastic
@MrBoxofplastic 12 күн бұрын
In Utah I was seeing doctors. In Tennessee I only see nurse practitioners.
@user-sj3qz9yo3f
@user-sj3qz9yo3f 12 күн бұрын
I am in Houston, probably one of the best cities in terms of medical resources. Got all kinds of specialties in town. Usually no wait except for pediatrics in some fast growing suburbs - to my knowledge.
@EthanFlynn
@EthanFlynn 9 күн бұрын
I believe it.
@raymond_rnt
@raymond_rnt 11 күн бұрын
So basically, nobody normal can live in Nashville.
@EthanFlynn
@EthanFlynn 9 күн бұрын
Basically. Yes.
@aiting2521
@aiting2521 11 күн бұрын
Do you like East nashville due to oracle headquarter headline
@EthanFlynn
@EthanFlynn 9 күн бұрын
I like east Nashville due to it being Nashville. Oracle is a big win from a headline perspective. I think in the long run all of Nashville will benefit from companies moving here including east Nashville.
@waltersobchak7759
@waltersobchak7759 11 күн бұрын
lol! Can you show the share of houses 1M plus versus houses sold under 500k? Rich buying expenses homes when average Americans aren’t will move the numbers. They don’t have to finance.
@evanwellemeyer1964
@evanwellemeyer1964 12 күн бұрын
I mean “lifestyle and culture” is stretch nowadays. It’s basically “expensive city” lifestyle and culture. Nashville was cool because it was different than every other city, now it’s literally doing all the things that sucked about other cities. Huge bummer!!!!
@EthanFlynn
@EthanFlynn 12 күн бұрын
It is very expensive. I think it has some unique advantages over most other cities. It’s the best place in America IMO.
@evanwellemeyer1964
@evanwellemeyer1964 12 күн бұрын
Circa 2016 I ABSOLUTELY agree 😊
@Seanpfree
@Seanpfree 12 күн бұрын
This is the end of first-time home ownership.
@EthanFlynn
@EthanFlynn 12 күн бұрын
It will change.
@user-sj3qz9yo3f
@user-sj3qz9yo3f 12 күн бұрын
ye - think Oracle and TikTok are big deal - which def. push up Nashville housing. On the other hand, I'd say Austin housing is going nowhere in the next 2 years. Although Musk has big plans for Austin, he probably gonna have some setbacks in his various ventures. So Nashville should beat Austin in the near future.
@trahar6257
@trahar6257 11 күн бұрын
Oracle is who they wanted to force a sale of TikTok to 4 years ago. I don’t think it’s a coincidence they will both be in Nashville now
@EthanFlynn
@EthanFlynn 9 күн бұрын
Yeah. Austin looking pretty bad right now. Honestly I’m envious. I wish prices would drop in Nashville like that.
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