When buying a home, the best housing markets, defined by long term growth and stability, are an important factor to consider. The home you purchase should not only offer the lifestyle you wish to live but the ability to support that lifestyle and thus add value to the property itself.
Ideally, your new home should steadily increase in value over time rather than fluctuate back and forth. At Brenner Poole Homes, we know the importance of this growth and stability better than most.
Stability refers to the probability that homeowners experience a significant price decline (5% or more) at any given time, while growth refers to the overall increase in home prices. According to a recent study by SmartAsset, Nashville-Davidson-Murfreesboro-Franklin, Tennessee ranked among the top 50 metro areas when it came to the best housing markets for growth and stability. Based on the numbers, the Nashville metro area has experienced a home price growth of 192% since 1995 and only 11% odds of loss in home price.
These numbers are likely due to the city’s recent growth, development and enhanced lifestyle. Over the last several years, Nashville has experienced a significant change in demographics, business dynamics and technological innovations. These big changes have resulted in new opportunities for expansion within the city and the surrounding area, making the Nashville area a popular place to live, work and play. Since this shift, the area has become one of the most desirable housing markets in the country with more and more people looking to take advantage of the many opportunities available.
If the growth and stability of the Nashville housing market is calling your name, come home to the sweet life at Spring House at Honey Farms. Located in Columbia, Tennessee, this charming townhome community offers a beeline to work and entertainment options located near the booming city of Spring Hill where major employers such as General Motors, Magna and IBEX Global are just minutes away.
Along with Spring Hill, Spring House at Honey Farms is just 20 minutes from Downtown Franklin and 40 minutes from Nashville, making the community a desirable location for those seeking growth and stability among one of the area’s fastest-growing suburbs. Give Spring House at Honey Farms a visit and discover the unbeatable value of the Nashville metro area. To learn more about living the sweet life, visit www.HoneyFarmsLiving.com.