Garvin Johnson, Realty One Group Music City

10/20/2026

100 acre farm close to Nashville

Property for 9,750,000. Ole Cherry Farm is one of those special places. Spanning 94 acres of rolling countryside, the farm features an 1860s farmhouse, carefully restored in the 1980s and later nominated for a preservation award. A 200-year-old log cabin, smokehouse, fishing pond, and barns add to i...

09/21/2026

Could U.S. Rates Stay Higher in 2027?
With inflation remaining stubborn and long-term Treasury yields staying elevated, the idea of a quick drop back to low interest rates seems less certain these days. As a real estate agent here in Middle Tennessee, I keep a close eye on how the Federal Reserve is weighing the risks of inflation against signs of a slowing economy—especially since these decisions directly shape borrowing costs for homes in our area. Higher long-term yields could mean mortgages and business loans stay pricier for a while, affecting both buyers and sellers. For those navigating the local market, it’s all about finding the right balance and staying informed as interest-rate uncertainty and fiscal pressures continue to shape the path ahead.

09/20/2026

Homebuyers Stay Engaged Despite Higher Mortgage Rates
We’re seeing the impact of higher mortgage rates and increased inventory in the Middle Tennessee market, with mortgage applications for new homes dropping 5.7% compared to last year and 1% since June. Sales have slowed to a 647,000 annual rate (down 3%), and the average loan size now sits at $374,438. Having worked with buyers and sellers across Franklin and the greater Middle Tennessee area, I know how shifting rates can shape your home search and decisions. Staying informed about these trends is key to making the right move in today’s market.


https://www.housing-trends.com/agent-news/garvin-johnson/1937345-Homebuyers-Stay-Engaged-Despite-Higher-Mortgage-Rates

09/19/2026

Single-Family Home Construction Declines, But New Permits Offer Glimmer of Hope
We’ve seen a noticeable slowdown in single-family home construction lately—housing starts dropped 9.9% from June and are down 15.7% compared to last year. The trend is similar across the country, with the Northeast seeing the biggest declines and total starts falling 12.4%. But there’s a bit of optimism: building permits have actually risen by 5%. For buyers and sellers in Middle Tennessee, this could signal that, even with higher mortgage rates and building costs, there’s still strong interest in new homes. As someone who keeps a close eye on Franklin and the surrounding communities, I know how these shifts can play out locally and what they might mean for you.


https://www.housing-trends.com/agent-news/garvin-johnson/1934232-Single-Family-Home-Construction-Declines%2C-But-New-Permits-Of

09/18/2026

Stability in Single-Family Home Construction Across Regions in Q2 2026
As someone who closely follows the trends in residential real estate across Middle Tennessee, I’ve noticed a shift in construction activity this past quarter. Single-family home construction slowed in most regions, a pattern often linked to higher costs and market uncertainty. Interestingly, there was a bit of growth in the smaller metro outskirts—areas I’ve seen become more attractive for buyers looking for value and space. On the multifamily side, construction increased in much of the country, particularly in the heart of larger metro areas, as demand for rentals stays strong. Keeping an eye on these shifts helps me guide clients through the changing landscape, whether they’re considering suburban neighborhoods or exploring investment opportunities in the city.


https://www.housing-trends.com/agent-news/garvin-johnson/1963811-Stability-in-Single-Family-Home-Construction-Across-Regions-

09/17/2026

US Confidence Hits Seven-Mo Low
Recently, consumer confidence in the US dipped to a seven-month low, even as many felt more positive about their current circumstances. The index that measures present conditions rose about 7 points to 121, but the gauge tracking expectations for the months ahead dropped nearly 6 points to 68—a level often linked to recession concerns. Earlier this quarter, employers trimmed 23,000 jobs, nudging unemployment up to around 4%. Notably, this shift came more from people leaving the workforce than from increased hiring. Despite this softer outlook, homebuying expectations have only eased a little and, in fact, continued to rise in mid-Q3. About 61% of people still anticipate higher interest rates. With the Fed keeping rates steady and markets not expecting significant changes soon, it looks like borrowing costs will remain high through the end of the year. As someone who works daily with Middle Tennessee buyers and sellers, I’m always watching these trends to help clients navigate their next move with confidence.

09/16/2026

More Homes Hit the Market as Demand Cools
We're seeing a noticeable shift across the U.S. housing market: in the four weeks ending August 23, new listings rose by 0.4% week-over-week, and the total number of homes for sale increased by 0.5%, hitting their highest point since early Q2. Yet, even as inventory grows, high housing costs are keeping many buyers on the sidelines—pending sales are down 1.1% for the week, now at a six-month low. The median sale price has ticked up 1.9% year-over-year, landing above $400,000, while average mortgage rates are hovering around 7%, close to a 13-month high. In this environment, buyers who are actively searching are finding more opportunities to negotiate, especially on homes that have been listed for several weeks. Sellers are having more success when they price realistically, rather than aiming for the peaks of previous years. Here in Middle Tennessee, I’m seeing these national trends echoed locally—every shift brings new options and strategies for both buyers and sellers.

09/15/2026

Case-Shiller Home Price Index: Home Price Growth Picks Up through June
The latest S&P CoreLogic Case-Shiller Home Price Index shows a 1.5% year-over-year increase in home prices through June, with major cities seeing varied movement—Chicago leading the way, while Seattle saw a decline. Even with these nominal gains, inflation actually caused real home values to slip. With mortgage rates on the rise, it’s something I’m closely watching for clients here in Middle Tennessee. As someone who’s dedicated to helping buyers and sellers navigate the Franklin and Greater Nashville markets, I keep a careful eye on these trends to make sure my clients have the perspective they need to make informed decisions.

09/15/2026

Exclusive Luxury Real Estate, Tailored to Your Lifestyle
Personalized service, market expertise, and premium listings for high-value homes and elite buyers.
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09/15/2026

Franklin Market Update