Happy Father’s Day

Approximately 2.5 billion Father's Day cards are sent each year.
Neckties have become a popular traditional gift for Father's Day.
"World's Greatest Dad" is a popular Father's Day phrase.
Breakfast in bed is a common Father's Day treat.
Wishing a fantastic Father's Day to all the dads who strive to be the best versions of themselves.
To every father figure making a positive impact, Happy Father's Day!

Davidson County Owners Save $54M Through Successful Appeals

In Davidson County, 2,901 informal property assessment appeals were filed, with 1,422 resulting in reduced assessed values totaling over $54.2 million. Appeals allow owners to provide new information like property damage or measurement errors. The assessment reflects market data, while tax rates are set separately. Formal appeals to the Metro Board of Equalization are open through June 26 for the 2026 assessment year.

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Home sales are picking up in the places where buyers have options

Spring homebuying activity is rising in previously slow markets like Nashville, Dallas, and Denver, with increased inventory and higher sales creating a healthier balance. Higher inventory has led to stable or lower prices, improving affordability and encouraging sellers to adjust pricing. Some cities with new construction, like Indianapolis, see inventory above pre-pandemic levels and steady price appreciation. However, inventory growth is slowing, raising concerns about future market stability amid economic uncertainties.

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US Builder Confidence Posts Mid-Q2 Gain

Builder confidence ↑3 points from Early-Q2 to 37 in Mid-Q2, topping forecast 34, while still below the 50 favorable threshold for new homes.
Current sales ↑3 points to 40; expected sales over next 6 mo ↑3 to 45; prospective buyer traffic ↑3 to 25 nationally.
Regional Builder Confidence
Northeast: ↑5 to 44
Midwest: ↑6 to 45
South: ↑2 to 36
West: ↑1 to 27
Home builders pointed to higher long-term interest rates, gas prices, and economic uncertainty as pressure points, even as Midwest markets showed relative strength.
Policy efforts to modify federal housing legislation could increase national supply and ease builder concerns, offering a constructive path amid affordability challenges.

Mortgage Rates Outlook Through Early-Q3 2026

Mortgage rates are expected to remain stable between 6.2% and 6.5% through July 2026, with only modest fluctuations anticipated.
Inflation reports, Federal Reserve policy, Treasury yields, and global economic events remain the biggest factors influencing mortgage rate movements.
Higher borrowing costs continue reducing affordability, slowing home sales, and encouraging buyers to compare lenders and explore rate buydown options.
Experts expect possible gradual rate easing later in 2026 if inflation cools further and the Federal Reserve signals future rate cuts.

Nashville home sales are on the rise. Here’s what REMAX’s latest housing report found

Home sales in Nashville have increased nearly 5% year-over-year, with active inventory rising over 9%, providing buyers with more options. New listings grew by 2%, and the median home sale price rose 1% to $470,000. The market is stabilizing as more homes become available faster than buyers purchase, creating a less competitive environment and allowing for more confident decisions by buyers and sellers.

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Map Reveals Cities Where Home Sales Are Soaring

Home sales are rising fastest in Southern and Midwestern cities where housing inventory has rebounded above pre-pandemic levels. Austin leads with a 20% annual sales increase and inventory 52% above pre-pandemic averages. Texas metros like San Antonio, Dallas, and Houston also saw gains. Some Northeastern and California markets experienced declines due to persistent inventory shortages. Nationwide, inventory remains 18.7% below pre-pandemic norms despite slight increases.

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Homeowners Gain Protection From HOA Fraud Under New Tennessee Law

Tennessee passed a law requiring homeowners' associations (HOAs) to maintain a blanket fidelity bond to protect against theft or fraud by directors, employees, or management. Coverage must equal reserve balances plus one-fourth of annual assessment income. The law takes effect January 1, 2027. This measure aims to prevent fraud, joining states like Virginia, California, and Florida with similar protections. HOA fees and membership are increasing nationwide.

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