NASHVILLE, Tenn. (WKRN) — As we finish out the year, News 2 spoke with a local real estate expert about how the Music City market fared in 2024 and what to watch out for in 2025.
After a turbulent few years in the real estate market during and after the coronavirus pandemic, Jeff Checko, the relocation director with The Ashton Real Estate Group of RE/MAX Advantage, said he thinks the Nashville real estate market in 2025 is headed on a path toward normalcy.
Checko pointed to a red hot seller’s market during the COVID and post-COVID era, followed by interest rates spiking in 2022 and a more balanced market in 2024.
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“We saw signs of things returning to a typical seasonal market this year, with interest rates getting back into the sixes and the mid-sixes, and then it was kind of one step forward, one step back, one step forward, one step back again,” Checko said. “We’re hoping that in the coming year we get something kind of normal for the first time in about half a decade.”…