Why is Nashville, Tennessee a Great Place for New Homeowners?

Deciding where to purchase your first home is one of the most important decisions you will ever make. You're setting the stage for the next chapter of your life, and it's important that you start off on the right foot.

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Why is Nashville, Tennessee a Great Place for New Homeowners?

Posted by Gary Ashton: RE/MAX ADMIN on Friday, April 20th, 2012 at 3:45am.

Deciding where to purchase your first home is one of the most important decisions you will ever make. You're setting the stage for the next chapter of your life, and it's important that you start off on the right foot. So, that being said, why should you consider Nashville, Tennessee if you're ready to be a homeowner? What makes Nashville, Tennessee one of the best places in the country for you to enter into the realm of real estate for the very first time?

Low Cost of Living, With Security on the Side

If this is your first time buying a house it's probably safe to assume that you have underestimated the financial requirements involved; there always seems to be more to pay for than first meets the eye. For many new homeowners, the first few years of living are both financially and emotionally strenuous because of this unexpected burden.

However, this won't be an issue for you because Nashville, Tennessee offers a very low cost of living… In fact, it's one of the lowest in the country. Taxes are low, utilities and public services are cheap, and houses are affordable. Trust me when I tell you that you'll be thankful for the budget friendliness of this well-cultured, vibrant city. Don't forget that there is no state income tax in Tennessee!

Buyer's Market Primed to Rebound

So, let's say you know for a fact that finances won't be a problem… Why would you want to move to Nashville, Tennessee? From an investment standpoint, Nashville is primed to explode into a seller's market. It probably won't be 2012, and maybe not 2013, but most area realtors all agree that the market is in the process of rebounding. What this means for you is that there are great entry level homes available right now that are going to exponentially inflate in value over the next 10 years. If you want your first home to be a safe investment, you could do much worse than Nashville.

Unemployment is Improving, Everyone's Happy

Over the past couple of years, Nashville has finally started to see an improvement in the high unemployment rate that has plagued our nation. More jobs are becoming available, and with it a better economy. Nashville is a city that has already battled through this recession and come out on the other side stronger than before. Thus, housing is only going to become more valuable as more people flock to the city for job opportunities and the many other attractive features of what's known as Music City.

For these reasons and more, Nashville Tennesse makes a great location for your first home.

 

Gary Ashton

The Ashton Real Estate Group of RE/MAX Advantage

The #1 Real Estate Team in Tennessee and #4 RE/MAX team in the world!

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