January 2017

Found 6 blog entries for January 2017.

Nashville Condos As first reported by The Tennessean, a new 38-unit residential development has been proposed for a 0.62-acre site along Whites Creek Pike just north of downtown. Current property owner Hoss Mousavi is planning the $8 million project, which will be located at 1016-1020 Whites Creek Pike, and if approved, will consist of both condo flats and lofts—a product that’s desperately needed all over the Nashville area. 

Noted in the report, the developer of 1016-1020 Whites Creek Pike feels the project’s close proximity to downtown Nashville, as well as the great views of the city’s skyline will appeal to future buyers, especially as this stretch of Whites Creek Pike continues to develop and evolve. 

While specific details haven’t been made official, condos

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A Chicago-based investor has big plans for Nashville’s riverfront, hoping to take advantage of the city’s crazy real estate boom that is continuing to sweep the region in the early part of 2017. First detailed by the Nashville Business Journal, the ambitious new project would involve completely redeveloping 105 acres of industrial land along the east bank of the Cumberland River to feature a number of high-rise towers that would combine to include office space, hotel rooms, shopping, dining, and plenty of residential units as well. 

While details relating to the mega-project have only just now been revealed, it’s a development that Monroe Investment Partners has been envisioning for the past 18 years when the company began purchasing East Bank land. In

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Buying a Nashville Home in 2017Last year was unlike any other we’ve seen from the Nashville real estate market, so naturally, rising home prices and declining affordability are real issues for many home buyers heading into the new year.

According to recently released market data, 2016 was the first year in which home sales surpassed levels seen back in 2007, and many economists and industry experts are projecting another very healthy year for not only Nashville, but also the rest of the Middle Tennessee region. 

Just recently, Zillow also named Nashville as 2017’s hottest city to move to, and with housing demand high and inventory low, many first-time home buyers are fearful of being priced out of the market should the upward trend continue. 

Land values around the Nashville

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Wedgewood-Houston Cottage Style HomesA new cottage-style housing development could be coming to Nashville’s south side, but only if developers are granted a zoning change that would allow additional density for the 0.78-acre site. 

According to reports, Rosedale Properties is hoping to build 12 new cottage-style homes, which would be located at 509 and 511 Rosedale Avenue near Nashville’s rapidly developing Wedgewood-Houston neighborhood. The project, if approved, would also qualify for workforce housing, which is defined as families earning 60 to 120 percent of the average median income. 

As noted back in May, demand for cottage-style homes in Nashville is on the rise dramatically, especially more first time home buyers enter the market and also as job growth continues to rise

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Murfreesboro Real Estate For SaleAccording to recently released data featured in the Nashville Post, the average sales price for a sold home in Murfreesboro jumped by nearly 20% in December, at least compared to the average sales price from December 2015. 

As the close of last month, the median price for a sold home in Murfreesboro was approximately $242,000, which is up from $202,000 just one year earlier. While nice to see, especially if you’re planning to sell your Murfreesboro home in 2017, the upward trend is certainly nothing new for the county seat of Rutherford County. 

Back in early September, the Daily News Journal mentioned Murfreesboro as having one of the hottest housing markets in the county for small cities, trailing only three cities in Texas: Frisco, McKinney, and

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Buying a Home in Nashville With job growth all throughout Middle Tennessee surging and the Nashville area real estate market as hot as it’s ever been, more people are buying homes and condos all over the city. And while Nashville’s apartment market is also booming, here are 5 quick reasons why buying is better than renting in 2017: 

  • First and foremost, buying a Nashville home or condo means every monthly payment you make is going towards building up equity, not stuffing your landlord’s pocket. So even if you can only afford an entry-level home right now, buying is always the better long-term financial decision. 
  • You can paint your walls pink and let your 100-pound pit bull chew up the carpet! And while we don’t exactly recommend doing either, the point is that when
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