New Home Construction Sees Steady Growth

New home construction is seeing growth just like the resale market. According to Jason Brown of Metrostudy’s Nashville region, “Builders continue to successfully sell their existing inventory and new starts.”

An article in the Nashville Business Journal stated that during the 12-month period that ended in March, Nashville saw 4,763 new home starts, a 34 percent increase over the previous year. In that same period there 4,322 new homes sold, a 20 percent jump from a year ago.

It is nice that all areas of residential real estate are seeing growth, including the condo market. It is good for home buyers and sellers. 

Read more about new home construction and sales on the Nashville Business Journal site here.

Don’t forget to check out available inventory on the The Lipman Group Sotheby’s International Realty website!

About Sutton Lipman

Sutton Lipman Costanza is a native Nashvillian and a second generation REALTOR. She is excited and proud to be a part of The Lipman Group Sotheby’s International Realty team. Sutton graduated with a Bachelor of Arts degree from The George Washington University. Before selling real estate, she worked at Centerstone, a community-based behavioral health care organization in Nashville. In her free time, Sutton enjoys spending time with her family and friends, traveling, practicing Spanish, knitting and playing tennis. sutton.lipman@sothebysrealty.com or 615.438.6149
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