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Showing posts from February, 2022

Nashville Yards - The Transformative Project shapes Nashville and Middle TN

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Nashville Yards lead developer Southwest Value Partners and its co-developer, Anschutz Entertainment Group (AEG) — which is handling the project’s entertainment portion — have released an updated master plan, plus details and renderings for at least a half-dozen proposed buildings.  The mixed-use development is slated for 7 acres of green space, according to an attached letter from architect Gresham Smith. Nashville Yards is one of the city’s biggest, most transformative projects. Situated at an entrance to downtown, the development has already secured tenants like Amazon, Pinnacle Financial Partners and Bass, Berry & Sims — with others expected to follow suit.  The master project was spearheaded by lead developer Cary Mack, who said that his property will contain at least eight residential towers by the time it's complete. If approved, the following two projects — which would add to the district’s planned or completed development that currently includes two Amazon-leased ...

"We want more space. But if we sold our home, how could we afford to move?"

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That's a question I hear often. A recent KeepingCurrentMatters article, that I have summarized, identifies 4 important points below. So how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a good investment when you buy your new home. You may not realize it...but the opportunity to get the best of both worlds is already here. You don’t want to wait until spring to spring into action. The current market conditions make the remaining winter months an ideal time to get started on a move. Here’s why: 1. The Number of Homes on the Market is Still Low Today’s limited supply of houses for sale is putting sellers in the driver’s seat. There are far more buyers in the market than there are homes available. Listing your house now makes it the center of attention. Priced correctly, you can expect your house to get multiple strong offers and sell quickly this season. Experts pro...

Residential Real Estate Appreciation Surge

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The Business Journals analyzed home-value data for the 100 largest metropolitan areas, as tracked by Zillow, between Dec. 31, 2020, and Dec. 31, 2021. The U.S. housing market, across all 933 markets analyzed by Zillow, saw values jump 19.6% in that period, but most of the largest metro areas outpaced that rate of growth — some by a wide margin. In Greater Nashville, prices surpassed the national average with a 27.08% increase, ranking No. 17 out of the top 100 largest metros. The adoption of remote work could shake up where people and jobs move to next, in 2022 and beyond, and ultimately create more demand in the Sun Belt, the Midwest and Mountain West regions. Some overlooked or off-the-beaten path housing markets may also provide savings for first-time homebuyers and renters that are more mobile than ever. The 2022 housing market is already off to a competitive start with inventory, once again, proving to be the biggest headwind. In their latest  Housing Market Update , Redfin fo...