Nashville Real Estate Blog - Blog Archive: March, 2016

information relating to real estate in Nashville Tennessee

Nashville Real Estate Blog - Blog Archive: March, 2016 Close
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March 2016

Found 8 blog entries for March 2016.

Nashville Events in April In a town as lively and energetic as Nashville, you can bet there's always something going on here, regardless of what day, month, week, or time of year it is. From festivals and fashion to live music and recreation, Music City is packed with things to do all throughout the month of April, and here's a closer look at just some of the area's most anticipated upcoming events.

Nashville Fashion Week- April 5-9

The month kicks off with a nod to high fashion during Nashville Fashion Week.  This creative, five-day event features local and regional designers, in addition to plenty of national designers, too.  Tickets to Nashville Fashion Week help promote and encourage the advancement of fashion-related local talent.

Cherry Blossom Festival- April 9

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Middle Tennessee Real EstateAlthough Nolensville, TN is just a small little town about 35 to 40 minutes south of Nashville, it’s a place that is seeing tremendous growth that doesn’t seem to be slowing down anytime soon. Back in 1996 when Nolensville first incorporated, just 1,854 people called this sleepy Middle Tennessee town home. Since then, however, between 180 and 220 homes have been built each and every year, and now around 6,213 people live here according to the 2013 census.

Back in 2014, former Brentwood City Manager Mike Walker, now a consultant with Table Rock Resources, LLC, which specifically provides consulting services to local municipalities that relate to strategic planning and economic development, was tasked with creating a 10-year growth study for Nolensville

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Nashville Townhomes If you think Nashville could use some more affordable new construction development, you’re certainly not alone. But according to reports, a collection of new townhouses that will be priced in the low- to mid-$200s will soon becoming to northwest Nashville, which will at least soften the extremely tight inventory in this particular housing category somewhat.

Being called Ashland Place, the new townhome community is being developed by Robert Pullen Jr. of Omega Realty Services, and as noted by The Tennessean, will also be his largest project to date.

The site in which Ashland Place will be developed, which is located near the corner of Ashland City Highway and Drakes Branch Road and encompasses just under 8 acres, was initially purchased by Pullen in 2015

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Nashville Skyline Ranked Among America's BestWhen most people think of impressive skylines that have a vast collection of recognizable buildings and high-rises, U.S. cities like New York, Chicago, and Seattle often first come to mind. But over the years, development has continued in many smaller cities around the country, and now, a familiar location is finally starting to get some recognition for it’s one-of-a-kind skyline that continues to develop and evolve.

Just recently, Thrillist, a leading lifestyle brand on the web, came up with a list of America’s 20 Most Beautiful Skylines, and our very own Nashville not only cracked the list, but came in at No. 12 ahead of world-class cities like Miami, Atlanta, Honolulu, and Boston.

First of all, any sort of ranking or list of this nature is of course

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Record High Rents in Nashville May Mean it's Time to BuyIf you’re someone who’s either already living in Nashville or perhaps thinking about making a move here shortly, chances are you’ve noticed rent prices in town are getting quite high, even for one of the largest cities in Tennessee. With just a 4.49 percent marketwide vacancy rate, apartment inventory is low right now, leaving average rents in the Nashville area to soar to a record high of $1,304 per month.

For those considering an upcoming move sometime down the road, however, the good news relating to rentals in Nashville is that 14,738 more units are currently under construction in the entire Nashville region, with perhaps another 9,100+ also in various planning stages. In fact, over the next few years, the Greater Nashville Apartment Association

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Living in NashvilleFor those of us already lucky enough to live in Nashville, it’s easy to understand why so many people are deciding to make the move here. But if you’re not from the area and are still on the fence about migrating to Music City, there’s a lot more to our bustling middle Tennessee town than just country music.

From a unique mixture of neighborhoods and communities to a thriving food and dining scene that continues to evolve each and every day, Nashville is quickly establishing itself as being a world-class city with everything you could ever want in a major metropolis. And when you consider it’s also home to Belmont University and Vanderbilt University—two of the best private institutions around—the higher education here is also first-rate to say the least.

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The Gulch DevelopmentWhile Nashville’s Gulch neighborhood is easily one of the more desirable places to live in downtown Nashville, it’s also quickly becoming one of the more popular locations for luxury hotels as well. As construction for the exclusive 12-story, 224-room Thompson Nashville hotel reaches its final stages in The Gulch, plans for another luxury residential project are in the works for the 1.29-acre Griffin Plaza site, which could potentially include both a 200-unit residential tower along with a 250-room upscale hotel that reports are saying could use the ultra-luxury W hotel brand.  

According to those same reports, developers are aiming to bring a world-class lodging brand to Nashville that doesn't currently exist, even despite being one of the most-visited

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Like in much of 2015, Nashville’s strong real estate market continued to thrive in February, showing some of highest sales and pricing totals since before the the market crash that started back in 2008. In all, nearly 2,300 homes were sold in Nashville in February, which is just shy of a 10% increase from February 2015. And if you combine both January and February, home sales are in fact up over 10% compared to the first two months of last year.

A very high demand for housing in Nashville is continuing to drive prices up, which of course is great news for potential sellers. The median price in February 2016 is up 14 percent from February 2015, with all residential listings having a median price of $235,000 and condos with a median price of $175,000.

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