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Mt. Juliet snags top Tennessee 'healthy housing market'

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Another feather in Mt. Juliet's cap is the recent ranking of first in Tennessee in the category of "healthy housing markets."

The study was just released by national finance company SmartAsset and breaks down cities' housing markets in Tennessee, as well as across the nation.

Mt. Juliet not only came in first in the state, but 15th in the nation, according to Mt. Juliet Mayor Ed Hagerty. Brentwood came in second and Portland came in tenth in the study. The categories include average years living in a home, homes decreasing in value, home costs as percentage of income and average days on the market.

"A healthy housing market is both stable and affordable; homeowners in a healthy market should be able to easily sell their homes, with a low risk of losing money over the long run," the company explained. "So in order to find the healthiest housing markets in the country, we considered the following four factors: stability, affordability, fluidity and risk of loss."

Mt. Juliet scored an overall 93.75 percent.

Hagerty mentioned Mt. Juliet ranks top or near the top in several different rankings related to livability, including "Most Playful City."

"We're highly ranked and rated in so many ways, and certainly this is one more," he said. "It's great news for everyone in Mt. Juliet to know the investment in their home is protected."

City Manager Kenneth Martin noted he "agreed 100 percent with Hagerty."

The mayor said Mt. Juliet is in "high demand."

"We want to thank our citizens first and, foremost, our staff and all of the wonderful businesses and residents that help make Mt. Juliet what it truly is," he said. "We enjoy a quality of life that is unequaled with fantastic schools, situated between two beautiful lakes, 10 miles to an international airport, and very close to a vibrant metropolitan area. We are blessed!"

Writer Laurie Everett may be contacted at laurieeverett1@gmail.com.

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Tags: 
development, Ed Hagerty, growth, housing market, Kenny Martin, Mt. Juliet, real estate, Wilson County
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