This Week in Tennessee’s Real Estate News:
Home Sales Climb to 6.5 Year High in August
The Tennessean :: Written by Julie Schmit :: September 19, 2013
Total existing home sales rose to a seasonally adjusted annual rate of 5.48 million in August from 5.39 million in July, and were 13.2 percent higher than a year ago, the National Association of Realtors said Thursday. That’s the highest level in more than six years.
The market may be seeing a temporary peak, said Lawrence Yun, NAR chief economist…
Read More: Home Sales Climb to 6.5 Year High in August
Sylvan Heights Mixed-Up Project Moves Forward with Neighbors’ Support
The Tennessean :: Written by Getahn Ward :: September 20, 2013
After getting a favorable response from neighbors in the Sylvan Heights area where it plans to redevelop 7.4 acres into a mixed-use project, H.G. Hill Realty Co. plans to file for rezoning within two weeks and hopes to start construction sometime next year.
“I feel very positive about the reception and desire from the neighborhood … we’re proceeding on,” said Jimmy Granbery, H.G. Hill’s CEO. “But there’s still a lot of work to be done.”
At this week’s meeting with the Sylvan Heights Neighborhood Association and neighbors from nearby Sylvan Park, Granbery and others provided details and renderings and took questions. The site off Charlotte Avenue is bordered by…
The Tennessean :: Written by Bill Lewis :: September 22, 2013
Keely Scott knows firsthand how rapidly the neighborhoods in downtown Nashville’s Capitol District are redeveloping.
When she and her husband Gabe Scott moved into their townhouse in the Hope Gardens neighborhood – off Jefferson Street and Rosa Parks Boulevard – almost a decade ago, their friends believed they were making a mistake.
But when they decided to sell their home in the Ireland 28 development earlier this month, buyers lined up to compete for the opportunity to purchase it…