Affordable housing, classified as priced less than $250,000, is in short supply in Sumner County just north of Nashville. “We’re getting a lot of people commuting to Nashville and Bowling Green,” said Realtor Derrick Miller. Multiple offers for homes under $250,000 is the norm and time spent on the market is now typically measured in days. Meanwhile builders are trying to cash in by bring new homes to market. Davidson Homes is starting work on 45 new abodes with prices in the upper $200,000s.
Davidson Homes expects to attract buyers who haven’t found something affordable elsewhere in the Nashville region, said President and CEO Adam Davidson. Liberty Creek is the Huntsville-based company’s first development in Sumner County. It is also building homes in Wilson and Rutherford counties.
“We’re positioned to offer new and exciting products in our new markets,” said Davidson. “We’ve set a goal of closing 250 homes in 2018, with 20-30 of them being in Middle Tennessee … and we are in the planning stages for expansion into additional markets. We’re excited to provide more families their dream homes at an affordable price point.”
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