In nearly every real estate market in the United States, interest rates have increased if you are looking to buy a home. Many people are choosing to remodel rather than sell their homes due to the interest rates and the current housing shortage. People are taking equity out of their homes to do the remodeling. This is definitely the case in Nashville as well. With a tight and expensive real estate market, many homeowners in the Nashville area have decided they would rather renovate their homes than put them on the market.