✅ Here is your 2024 housing market update!

Tuesday, February 6th, 2024

In this newsletter, you’ll find:

• Market Updates across The Upper Cumberland

• 📈 Are economist worried about baby boomers disrupting the housing market in 2024? We explain.

• 📚 Cookeville’s newest indie bookshop

• 🔥 HOT listings, all with over 5 acres of land in Middle TN

• 💸 Listings that have recently dropped in price

Let’s dive in! 👇

👉 Don’t see the county you’re looking for? Vote below!

Meet Corey, our passionate and knowledgable in-house mortgage officer. Here’s here for all of your mortgage questions!

What is a “Silver Tsunami” and will it effect the housing market in 2024?

Are you aware of the term "Silver Tsunami" in real estate? It refers to the imminent wave of aging Americans who are expected to change their housing arrangements as they grow older.

With the baby boomer generation reaching retirement age, there is a concern that a significant number of them will downsize their homes, flooding the market with larger properties. This massive influx could disrupt the current balance of supply and demand in the housing market, not just in Tennessee but across the entire country.

Many experts are keeping a close eye on this phenomenon as they analyze potential implications for homeowners, homebuyers, and the real estate industry as a whole.

Don’t be fooled by the headlines - read on to understand the reality of the situation and gain a better perspective on this growing concern.

Plenty Bookshop is also a nonprofit. Read about what they are doing in our community and what sets them apart from other bookshops!

Are you in search of a property in Middle Tennessee with over 5 acres of land or a budget of under $400k? Look no further! We have meticulously curated lists that are updated daily, making the process of finding your dream home even easier.

Here are properties that have recently dropped in price in Middle TN. We update this list DAILY to keep you informed.