By Michael Warrick, WSMV, Mar. 13, 2024 - Nearly three-quarters of Nashville neighborhoods aren’t affordable for married-couple households, based on a study by Creditnews Research.
The study found that among the largest 50 U.S. cities, Nashville has the ninth-highest percentage of unaffordable neighborhoods.
“Homes are expensive, I mean we can’t ignore that part,” realtor Denise Moore, who also serves as Board Chair of the Greater Nashville Realtors, said. “What has caused that over the last several years is lack of inventory. When we don’t have inventory we have an increase in competition, and when it’s competitive those prices are driven up.” (read more)
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