Appreciate the analysis. I have been watching inventory on the I65 corridor and noticed Davidson and Maury are both above prepandemic levels. Hopefully if it sustains we will finally see some price pressure. Maury is showing cracks but they are shallow.
For your map at 3:43, it would be really interesting to normalize this to TN, e.g, TN is the inventory benchmark, and the colors for states are a heat map of those higher and lower than TN. How is TN doing to the rest of the states? Then variability by TN counties would be interesting to see how the stack up to other states as well.
🌴🌴🌴 Thank you Ethan for the Shout outs and your research into The Mount Juliet area. I’m not exactly sure when I first started following you but I do know that I’ve been saying that when TSHF this market will Definitely crash 💥. And I still feel that it will eventually. We won’t get back to 2020 prices but I’m really hoping to see some affordable housing prices in the next year or so. Until then I’ll still be saving my money, paying off debts, Getting my credit score as high as possible and lately I’ve been stacking Silver. I always appreciate the work you put into gathering all this data you present. I would love to retire in middle Tennessee but for now I’ve got one acre with a pretty new home on it with a great rate. I know that California is overpriced and high in taxes but I’m set up pretty good for now and am not in a hurry. Again Thank you for the Shout outs. Looking forward to seeing you next Saturday. Blessings from Paso Robles California, Carlos
I’ve been anticipating the big drop to happen in the winter following the election for a couple years now. We’re flat to down around 10% from all time highs in the last 2 years in the areas of Davidson I’ve been keeping an eye on. I imagine 1-3 years of a dip in these areas with another 15-25% fall from todays levels before a rebound. ETHAN! You seem to be wel versed at reaching out to GNR and getting a response. It would be AWESOME if they updated the MLS “market trends” to have a time line that goes more than 5 years back. In a year from now we won’t be able to compare back to pre pandemic levels making many of these charts much less helpful. You rule!
I've reached out to the Product director of Realtracs and asked this same question. I'll keep trying. I know they know and I think it's in consideration.
I’m disappointed. Affordability does not seem to be improving. Kept waiting, but sadly the metrics that are bringing other states into more affordable ranges is not happening in middle Tennessee.
and very possible that even if prices drop it will be driven by interest rates, meaning your payment might not drop all that much if you are getting a mortgage. Very hard to predict.
Another superb video and analysis. I feel that the current Federal monetary policy moves coupled with current Federal Reserve moves (idiots) are going to be a year and a half to two and a half year lag in their horrible effect(s). It will be interesting to watch how Williamson Co. responds over that time period. My guess is that it will stay relatively strong to flat at the high point because of many households' higher incomes and excess cash reserves that have been made in the equities market currently. Great job.
Top content as ever. 2010-2020 Nashville population grew by 20.9%. These people need to live somewhere. Listings will grow over time due to the building of new homes, and more people living there.
There’s also a problem with cost of living as average cost per sq ft ranges from 250-300/sq ft 2hrs to downtown Nashville 4-5hrs to St Louis 4-5 hrs to Louisville This town is terribly overwhelmed doubling its population density in 10 yrs but infrastructure only able to support half that…
@@jwhite1559 A 2-3 br house would be plenty for just me and my pet snake lol. I'm pretty good with tools too, not afraid of rolling up my sleeves and doing some work myself.
www.ethanflynn.com
Let's talk! Book time here: calendly.com/ethanflynn/30min
Thank you for the charts! Great information.
Thanks for posting these, great video as always!
Thank you!
I’ve watched your videos for months and months, hoping to understand what will be, but only to find out what has been.
But you learn what has been before anyone else.
lol nobody knows what will be
@@Chris-bz9pg I think I say this almost every week. 😆
History repeats itself eventually.
Appreciate the analysis. I have been watching inventory on the I65 corridor and noticed Davidson and Maury are both above prepandemic levels. Hopefully if it sustains we will finally see some price pressure. Maury is showing cracks but they are shallow.
Good info. Thanks for sharing!
For your map at 3:43, it would be really interesting to normalize this to TN, e.g, TN is the inventory benchmark, and the colors for states are a heat map of those higher and lower than TN. How is TN doing to the rest of the states? Then variability by TN counties would be interesting to see how the stack up to other states as well.
Interesting! Benchmark against % change in inventory or listing count change? I'll take a look at this.
@@EthanFlynn It seems both are interesting. Total count change would show the scale vs TN, while % would factor that out.
🌴🌴🌴 Thank you Ethan for the Shout outs and your research into The Mount Juliet area. I’m not exactly sure when I first started following you but I do know that I’ve been saying that when TSHF this market will Definitely crash 💥. And I still feel that it will eventually. We won’t get back to 2020 prices but I’m really hoping to see some affordable housing prices in the next year or so. Until then I’ll still be saving my money, paying off debts, Getting my credit score as high as possible and lately I’ve been stacking Silver.
I always appreciate the work you put into gathering all this data you present. I would love to retire in middle Tennessee but for now I’ve got one acre with a pretty new home on it with a great rate. I know that California is overpriced and high in taxes but I’m set up pretty good for now and am not in a hurry.
Again Thank you for the Shout outs.
Looking forward to seeing you next Saturday. Blessings from Paso Robles California, Carlos
Thank you Carlos! I'm will continue to pay more attention to Wilson.
I’ve been anticipating the big drop to happen in the winter following the election for a couple years now. We’re flat to down around 10% from all time highs in the last 2 years in the areas of Davidson I’ve been keeping an eye on.
I imagine 1-3 years of a dip in these areas with another 15-25% fall from todays levels before a rebound.
ETHAN! You seem to be wel versed at reaching out to GNR and getting a response. It would be AWESOME if they updated the MLS “market trends” to have a time line that goes more than 5 years back. In a year from now we won’t be able to compare back to pre pandemic levels making many of these charts much less helpful.
You rule!
I've reached out to the Product director of Realtracs and asked this same question. I'll keep trying. I know they know and I think it's in consideration.
@@EthanFlynn a gem truly
Love the data! Would you spotlight Sumner county please?
I'll add it to the list.
I’m disappointed. Affordability does not seem to be improving. Kept waiting, but sadly the metrics that are bringing other states into more affordable ranges is not happening in middle Tennessee.
and very possible that even if prices drop it will be driven by interest rates, meaning your payment might not drop all that much if you are getting a mortgage. Very hard to predict.
Another superb video and analysis. I feel that the current Federal monetary policy moves coupled with current Federal Reserve moves (idiots) are going to be a year and a half to two and a half year lag in their horrible effect(s). It will be interesting to watch how Williamson Co. responds over that time period. My guess is that it will stay relatively strong to flat at the high point because of many households' higher incomes and excess cash reserves that have been made in the equities market currently. Great job.
Thank you! Seems like a reasonable guess.
Clarksville’s market is outta control
No infrastructure support
Top content as ever.
2010-2020 Nashville population grew by 20.9%. These people need to live somewhere. Listings will grow over time due to the building of new homes, and more people living there.
Thank you Martyn!
There’s also a problem with cost of living as average cost per sq ft ranges from 250-300/sq ft
2hrs to downtown Nashville
4-5hrs to St Louis
4-5 hrs to Louisville
This town is terribly overwhelmed doubling its population density in 10 yrs but infrastructure only able to support half that…
Do you know of any infrastructure studies that talk about this?
I'm looking to get into the 300k price bracket here in downtown Nashville. Looks like I'll have some more options soon.
300k in downtown Nashville 😂😂😂😂. You buying a storage shed?
@@jwhite1559 I'm only 1 person, I don't need a huge ass house. Plus I'm pretty handy with tools, a bit of a fixer upper isn't a problem.
@@jwhite1559 A 2-3 br house would be plenty for just me and my pet snake lol. I'm pretty good with tools too, not afraid of rolling up my sleeves and doing some work myself.
@@goosegray in downtown that’ll cost minimum 700k
@@jwhite1559 I see several options on zillow right now for 2/1s and 3/1s for that price, you're not looking hard enough lol.
Melt up?
🤷♂️. Maybe. I don’t believe so. I feel like there would be more volume if that were the case.
Clarksville’s market is outta control
No infrastructure support
Good to know. Are you military?