At a Glance

• Mortgage rates dipped below 6% for the first time since 2022
• The Boring Company's Music City Loop tunnel project received key state and federal permits
• BDG Partners has 4 open houses across Nashville this weekend
• Team closings include a $1,740,000 sale in Nashville and a $505,000 close in Hermitage

Mortgage rates crossed an important psychological threshold this week, dipping below 6% for the first time since 2022. That shift tends to bring more buyers back into the conversation as we move toward spring, even as affordability pressures and economic confidence continue to influence timing.

Financial markets ended the week cautiously after inflation came in hotter than expected. January's producer price index rose more than forecast, reinforcing concerns that price pressures remain sticky and keeping investors watchful about the Fed's next moves.

The labor backdrop remains steady but quiet. Jobless claims rose slightly while continuing claims declined, pointing to a market that is stable overall but still operating in a low-hiring environment, with layoffs in parts of the tech sector contributing to broader uncertainty.

Housing continues its gradual recalibration. Existing-home sales fell in January, with weather cited as a factor, while buyers nationwide remain engaged but selective despite improving borrowing conditions.

Locally, one of the biggest headlines was renewed momentum around Elon Musk's Boring Company tunnel project, the proposed Music City Loop connecting downtown Nashville to Nashville International Airport (BNA). State and federal agencies approved key permits this week, clearing the way for construction to begin even as Metro Council prepares a symbolic vote opposing the project and state lawmakers consider a new regulatory framework for underground transit.

At BDG Partners, we're seeing that same pattern play out on the ground. Buyers are active but deliberate, and sellers who pair strong preparation with thoughtful pricing continue to achieve the most consistent results.

Investor Corner

833 Buchanan St, Nashville, TN 37208 | $600,000

A 0.52-acre infill assemblage at the gateway to the Buchanan Arts District in North Nashville, Tennessee.

Positioned at the highly visible intersection of Buchanan Street, Garfield Street, and Delta Avenue, this four-parcel assemblage places investors at a primary gateway to the Buchanan Arts District, one of North Nashville's fastest-evolving corridors. The offering totals approximately 0.52 acres across contiguous lots, creating rare scale in an urban infill location.

A key advantage is entitlement progress already secured. Metro has granted a front setback variance allowing all four parcels to be buildable, subject to buyer verification during due diligence. That approval meaningfully reduces entitlement risk and shortens the timeline to execution.

With 219 feet of city street frontage, level topography, and public utilities available, the site supports multiple strategies, including for-sale residential product, small-scale multifamily, or a phased rental portfolio approach. Surrounded by ongoing redevelopment and creative commercial growth, the location benefits from strong visibility, walkability, and proximity to downtown Nashville.

At $600,000, this is a strategic infill acquisition with both near-term development flexibility and long-term appreciation potential.

For surveys, BZA approvals, and full investment materials, contact Brandon Knox at [email protected]

View listing

This Weekend's Open Houses

BDG Partners has 4 homes open for touring across Nashville, Tennessee this weekend.

411 Acklen Park Dr, Nashville, TN 37205 Saturday 2 PM - 5 PM | 4 BD | 4 Full, 2 Half BA | 3,743 SF | $1,699,500 

2202 Old Matthews Rd, Nashville, TN 37207 Sunday 11 AM - 2 PM | 4 BD | 4 Full, 1 Half BA | 3,136 SF | $575,000

206 36th Ave N, Nashville, TN 37209 Sunday 2 PM - 4 PM | 3 BD | 3 BA | 1,205 SF | $479,900 

304 54th Ave N, Nashville, TN 37209 Sunday 2 PM - 5 PM | 4 BD | 4 Full, 1 Half BA | 3,863 SF | $1,999,500 

Nashville Unplugged: Events with a Vibe

🍽️ Dine Nashville: The Music City Way

It's the final weekend to experience Dine Nashville, a month-long celebration of chef collaborations, prix fixe menus, and exclusive local offers across Music City. Enjoy one-night-only dining events and limited-time dishes while supporting CORE through the Music City Inc. Foundation.

🏃 Zoo Run Run | Nashville Zoo

Bundle up for a wild winter tradition at Zoo Run Run on Saturday, February 28. This family-friendly 5K winds through the Nashville Zoo, including behind-the-scenes areas not open to the public. Proceeds support wildlife conservation, and observers can still join the fun and cheer from inside the park.

🏮 Lunar New Year Lantern Fest | East Nashville

Celebrate the Lunar New Year on Sunday, March 1 starting at 11:00 AM with a festive, family-friendly gathering in East Nashville. Enjoy live cooking from Chef Christine Lau, featuring creative dishes and bold flavors. Admission is free and all ages are welcome.

Team Success

Under Contract

701 Deer Ridge Ln, Lebanon, TN 37087 3 BD | 3 BA | 2,658 SF | $624,990

Just Closed

3611 Hoggett Ford Rd, Hermitage, TN 37076 3 BD | 3 BA | 2,345 SF | $505,000 

1209 Noelton Ave, Nashville, TN 37215 5 BD | 6 BA | 4,756 SF | $1,740,000 

5826 Robertson Ave, Nashville, TN 37209 3 BD | 3 BA | 3,294 SF | $759,900