Here are 4 great reasons why we believe real estate is a strong investment in Nashville’s hot market.
Appreciation is Strong
Many assets depreciate with time. Cars, for instance, suffer an enormous drop in value the instant you drive off the lot. Real estate, however, has been appreciating in value at a tremendous rate. The Federal Housing Finance Agency House Price Index indicates that the national average of home prices has been appreciating at 3-5% per year. Median house prices hit an all-time high in May of 2017, and continue to rise. Not only are these gains impressive in and of themselves, they also serve as a robust safeguard against inflation, which we’ll discuss later.