Nashville Real Estate Blog - Blog Archive: July, 2012

information relating to real estate in Nashville Tennessee

Nashville Real Estate Blog - Blog Archive: July, 2012 Close
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July 2012

Found 15 blog entries for July 2012.

When looking for a new home or any kind of real estate in Nashville, it’s important to be aware of the countless community events that the city has to offer. The city’s event newsletter and website is called the Nashville Scene and its packed with events for all ages. The city offers a variety of dining experiences, bars and clubs, musical events, art and theatre opportunities, and so much more. Some of its most famous and multicultural events include the African Street Festival, the Celebrate Nashville Cultural Festival, the Greek Festival, the Jefferson Street Jazz and Blues Festival, the NAIA Pow Wow, and far too many more to mention. Along with the fantastically packed event schedule that Nashville has, there are many incredible attractions and places

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With a wide variety of education options for children and college students alike, Nashville schools can provide students with the proper and exceptional education they deserve. Acknowledging the fact that students are the country’s future, the city of Nashville strives to keep the younger residents well educated and ready for the real world. The list of quality schools in Nashville is extensive, and the list of college opportunities is quite large as well. For anyone looking for real estate in Nashville can rest assured that their family will be well provided for in the city’s quality school system.

Nashville has a great list of fantastic high schools that offer outstanding educational opportunities. Just some of the schools on the list include the

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One of Nashville, Tennessee’s most attractive qualities is it’s rich history in the music world. With a wide variety of genres in it’s background, Nashville is the perfect place for the music lover. A lot of Nashville’s music history is due to the strong African-American influences in the past. So many well known musicians have come from, lived in, or had great influence in the city of Nashville, making it one of the musical hot spots in the country. Everyone knows it as the capital of country music, but Nashville has offered the world so much more than banjos and acoustic guitars.

The best known name tied to Nashville’s history in music is Elvis Presley. Although he wan’t born in Nashville, he made countless visits and had significant influences on the

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The real estate market of Nashville, Tennessee has been doing quite well in recent months, regardless of the struggling economy. With average listing prices at about $329,445 and median sales prices at $157,500, the prices remain at the average for the country. While the prices in the northeast are exceptionally high, the highest in the country, those in Nashville have remained on the lower side. Still, even with the lower prices, the number of homes for sale is up. As of the week of June 20 of 2012, there was a recent sales listing of 3,763 and the number of homes still for sale was 3,892. Based on these numbers, it’s easy to see that the real estate market for Nashville, Tennessee is doing significantly well.


The most popular neighborhoods in

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Nashville is full of different attractions and event for people to have fun with. Whether you are a large family full of kids, just a couple, or by yourself, it is quite easy to have fun at the many different places in Nashville.

The most popular place to go in Nashville, Tennessee is the Parthenon. IT is a full size replica of the real one located in Greece, and while there isn’t much to do while there, the $4 price tag to see a full size replica of this mythic structure makes it completely worth the visit. You can even take pictures everywhere except for the art museum. Located in the middle of a park, there are also many different things to do just outside of the structure.

The Opryland Hotel Indoor Garden and Collections is the only place that can

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Currently, in the Nashville, Tennessee real estate market, the average price per square foot is $123, this is 7% higher than the average pricing on square footage last year. Between March 12th and May 12th of this year, the median sales price for homes was $154,000. This median was measure out of 1,369 sales, and was up 1.3% or #2,000 from a year ago. The total number of homes sold, though, was down a whopping 18.7%.

Right now, there are 3,955 homes on the market including both resale and new homes. 91 of these homes for sale are currently being shown in open houses, and 680 of them are going through one of the many foreclosure stages.

For the week that ended on June 13th, the average listing price for homes listed on the market in Nashville,

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An increasing number of renters in Nashville, Tennessee, are looking into becoming buyers once again, as average rents in the city hit an all-time high of $816 per month at the end of June.


In light of the recent foreclosure crisis, rising rents were expected. However, with the median sales price of homes in Nashville, Tennessee, also rising substantially this year (to an average $182,000 in June), many renters are feeling shocked and upset that rents are continuing to spiral upwards.

Rental rates in Nashville jumped by 3.3% during the period from April to June, compared to January to March of this year, following a 12-month period over 2011 in which rents stayed more or less flat at around $790 a month.

Such is the rise in rental prices that many

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Habitat for Humanity of Greater Nashville has just completed the construction of its 500thnew home in the Greater Nashville area, lending yet more weight to the argument that affordable, ‘eco-friendly’ homes are becoming something of a highly desirable niche market in the city.


No building company has completed as many energy-saving, LEED-certified homes in the state of Tennessee, something that Habitat for Humanity of Greater Nashville is inherently proud of. The company, which is recognized as the 18th largest homebuilder in the Nashville area, focuses exclusively on the construction of high quality, affordable homes for low-income families across the state.

Habitat for Humanity of Greater Nashville homes are highly prized, for the exceptional savings

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Home sales in Nashville, Tennessee, have increased by a whopping 20.8% in June compared to the same month just one year ago, providing further evidence of a strong recover in the local real estate market.

According to the Greater Nashville Association of Realtors (GNAR), a total of 2,453 homes in the Nashville area were snapped up last month. This is a big jump up from the total sales in June 2011, which numbered just 2,031. This latest strong performance means that home sales in Nashville are up by 24.5% on the year before.

Kendra Cooke, President of the GNAR, stated that the growth in home sales is strong evidence that when it come to real estate, “all markets are local”.

“Even though recent national reports on home sales haven’t been encouraging,

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Summit Hotel Properties, Inc., has just completed the acquisition of the 83-room Hampton Inn & Suites in Nashville, Tennessee, for a total $8 million. The deal represents Summit Hotel Properties’ eleventh hotel acquisition since its IPO on February 2011.

Hampton Inn & Suites is one of the most exclusive hotel properties in downtown Nashville, offering a whole host of conveniences and luxury amenities for guests wishing to stay in the heart of Music City. Located at 310 4th Avenue South, he hotel offers its guests a variety of clean and spacious rooms, including standard guest rooms and exclusive suites. In-room amenities include high speed Wi-Fi internet connections, flat screen TVs and alarm clock/radios, as well as the super-comfy Hampton bed™ which you

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