Historically, when interest rates drop, prices go up. Period. In today’s market, lots of the conversations are focused on ‘rates are too high to buy right now.’ While waiting for rates to drop may seem like a logical strategy, buyers need to be prepared for their buying power to be suppressed. It’s a delicate needle to thread. More homes will hit the market and everyone sitting not he sidelines will then be out and about. This drives up demand and prices; especially in a white hot market like Nashville, TN. Don’t wait. You can always refinance when rates drop. Call me. I can help you!