Nashville Real Estate Blog - Blog Archive: April, 2016

information relating to real estate in Nashville Tennessee

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

Found 5 blog entries for April 2016.

Google Fiber in NashvilleGoogle Fiber has made its way to Nashville, with four apartment and condominium buildings in the downtown area now connected to the company’s gigabit-speed internet service. As you might remember, Google first announced bringing Google Fiber to Nashville well over a year ago, but now nearly 15 months after that initial announcement, limited deployment has apparently begun.

As noted in a report from The Tennessean, Google’s primary goal is to connect most of the Nashville metro area from single-family home owners to small businesses throughout Middle Tennessee, not just newer apartment and condo buildings in the city.

For now, the four buildings Google selected to roll out Google Fiber mainly had more to do with engineering and construction than anything

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Nashville Business GrowthIt’s no secret the Nashville real estate market is red hot right now, but what’s making middle Tennessee such an attractive option for current home buyers to consider? Well, if you’ve taken a look at recent employment numbers for the area, you’ll likely see that Nashville’s equally hot job market is one of the primary driving forces behind the strong housing, which is also seeing record high growth figures in the early goings of 2016.

An inviting and innovative city that certainly has plenty of residential upside, a study is now showing the Nashville area is also one of the more affordable cities in the U.S. to do business, making it a viable location for commercial development and corporate relocation. In fact, according to the KPMG study, Nashville

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Nashville Home Sales in 1Q 2016While April and May tend to be pretty busy months for the Nashville-area real estate market, latest figures released by GNAR revealed the busy spring season started much earlier in 2016. According to GNAR’s numbers, March saw 3,141 home closings last month alone, which represents a jaw-dropping 10.7% increase compared to homes closed in March of 2015.

In addition, the first quarter of 2016 had 7,601 home closings in the Nashville area, which is also up over 10% from the 6,904 closings over the first quarter of last year. In all, GNAR covers 9 counties in Middle Tennessee, and not surprisingly, all but one had an increase in median home price.

Interest rates are still low and when you combine a substantial pent up demand with the incredible job growth we’re

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Williamson County Real EstateWhile the city of Nashville tends to dominate the headlines when it comes to real estate in Middle Tennessee, Williamson County is continuing to raise the eyebrows of both home buyers and home sellers.

According to recently released numbers from the Williamson County Association of Realtors, the median sales price for closings in Williamson County in March hit a record high of $433,850. If you’ve been paying attention to the market all over the Nashville area, however, the milestone is hardly surprising and it’s only further evidence that Williamson County is one of the fastest growing areas in all of Tennessee.

In addition to its growing sales prices, the number of homes sales in Williamson County in March, 448, is also the highest number for the month

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Townhouses Coming to Woodland in Waverly Neighborhood in NashvilleA joint collaboration between Land Development.Com Inc. and Houston-based David Weekley Homes will bring 12 new townhouses to a stretch of Eighth Avenue South that hasn’t seen much development since the 1990s. According to reports, the project has actually been on the table for about year now, but due to unforeseen delays, development just hasn’t gotten much traction until now.

Although renderings are not yet available, six of the eight townhouses will sit along Eighth Street, another three will line Argyle Street, and the final three will face inward towards the other units.

Ironically, although this particular part of Eighth Street hasn’t seen much residential development  in recent years, plenty of new businesses and commercial development has helped

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