The economic headlines this week were hard to ignore. March CPI came in at 3.3% annually, with energy costs up nearly 11% as the US-Iran conflict continued squeezing global oil supply through the Strait of Hormuz. Consumer sentiment hit a record low, dropping 10.7% in April to its worst reading ever, with Americans now expecting inflation to run close to 5% over the next year.

A two-week ceasefire was announced, which pulled oil back slightly and brought mortgage rates down a hair from their recent peak, with the 30-year fixed now averaging around 6.37% according to Freddie Mac. That said, rates are still more than 40 basis points above where they were in late February, when buyers were briefly locking in below 6% for the first time in years. The Fed is expected to hold steady while it waits to see how the conflict’s effects fully surface. The silver lining worth noting: core inflation, which strips out food and energy, came in at just 0.2% for the month and 2.6% annually. The pressure is real, but it isn’t broad-based yet.

Locally, the Middle Tennessee market showed real resilience in March. Total closings came in at 2,752 with a median residential price of $491,525, essentially flat against March 2025’s $490,000. Inventory climbed to 13,694 active listings, up from 12,326 a year ago, and days on market stretched to 62 compared to 53 last spring, which means buyers have a little more room to breathe than they’ve had in years. The region’s population growth story continues to do a lot of the heavy lifting here: Davidson County added more than 9,200 residents over the past year, and surrounding counties are absorbing significant growth as well.

Nashville is also firmly in its tourism sweet spot. April and May are among the strongest booking months of the year for short-term rentals, and with the city’s event calendar packed through the end of the month, the demand is there. Whether that translates to strong occupancy depends heavily on how a property is positioned and managed. The rising tide doesn’t lift all boats equally in this market.

Investor Corner: Because Good Deals Deserve the Spotlight

1160 Tulip Grove Rd, Hermitage, TN 37076

Zoning: SP  |  Price: $1,500,000  |  Lot: 3.8 Acres

Fully entitled and ready to build, 1160 Tulip Grove Rd presents a rare chance to step into a shovel-ready residential development in Hermitage, one of Nashville’s most consistently active growth corridors. This 3.8-acre parcel carries a fully approved Specific Plan for 44 units: 38 detached and 6 attached homes, all rear-loaded with 2-car garages.

The entitlement work is done. The plan is approved. The next owner builds. What makes this site stand out is its position within the broader market story. Directly across the street, a new 400+ unit single-family neighborhood is actively under construction, a real-time signal of buyer demand and builder confidence in this submarket. At under $1.4M per acre for an already-approved plan, the land basis is competitive against what you’d pay for comparable entitlements elsewhere in Davidson County.

Location adds another layer. Less than a mile from I-40, the site connects easily to both Hermitage and Mt. Juliet, with Percy Priest Lake, The Hermitage Golf Course, Providence Marketplace, and Nashville International Airport all within a short drive. It’s the kind of address that works for build-to-rent and build-to-sell alike, with an established residential context and genuine renter and buyer demand already in motion.

This property is also available as part of the larger Intuition Development Land Package, a multi-parcel assemblage from the same ownership group spanning Antioch, Hermitage, and North Nashville. Whether you’re acquiring this site on its own or evaluating the full portfolio, the details are worth a close look.

👉 For the SP documents, site layout, and full package details, reach out directly at [email protected].

Open Houses This Weekend

What’s Happening in Nashville This Weekend

🐄 Moosic City Dairy Dash

Nashville’s beloved community race is back for its 26th year this Saturday, April 11th in Metro Center. Choose your distance: Kids Mighty Mile at 7:00am, Purity 5K at 7:30am, or the 10K and Regions Smitty 15K at 8:00am. All courses are fast and flat, every finisher gets a medal, and post-race refreshments are part of the deal. A fun morning for the whole family. Register at the link above!

🐾 The Good Dog Club at Virgin Hotels Nashville

Virgin Hotels is throwing a rooftop Saturday for a great cause. Head up to The Pool Club on April 11th from 11am to 3pm to meet adoptable pups from Wags & Walks, grab a gourmet hot dog off the patio grill, sip from a dirty soda bar, and catch DJ beats with skyline views. Want to work up an appetite first? A ticketed Pilates class on the lawn kicks off at 11:30am, with all proceeds going straight to Wags & Walks. The event itself is free to attend.

🎤 Nashville Comedy Festival

This weekend is packed. On Friday the 10th, Jeff Arcuri kicks things off at the Ryman and Gabby Bryan runs two shows at Zanies. Saturday the 11th brings Morgan Jay to the Ryman with two sets, plus Lil Rel Howery and the Dark & Dirty Showcase at Zanies. Sunday the 12th has Sal Vulcano at the Ryman, Kathy Griffin at the Schermerhorn, and more at Zanies to close out the weekend. The festival runs through April 19th with a full lineup still to come.

Team Success

Under Contract

5830 Robertson Avenue, Nashville, TN 37209
3 BD  |  3.1 BA  |  3,223 SF  |  $764,900

505 Community Court, Unit 101, Nashville, TN 37209
1 BD  |  1 BA  |  727 SF  |  $275,000

Just Closed

1013-5 Rev Dr Enoch Jones Blvd, Nashville, TN 37208
4 BD  |  5 BA  |  2,294 SF  |  $1,400,000

302 33rd Avenue N, Nashville, TN 37209
4 BD  |  4.2 BA  |  4,920 SF  |  $1,749,900