Real Estate News Round Up: October 28th, 2013

This Week in Tennessee’s Real Estate News:

Real Estate Market Has Strong Start Leading to Strong Finish

The Tennessean :: Written by Price Lechleiter :: October 20, 2013

In the realm of real estate, how you start is a strong predictor of how you’ll finish. Three quarters of the way through 2013, that’s the case for Middle Tennessee.

We’ve been fortunate to have not only nine months of positive home sales, but we’re now in our 26th consecutive month of year-over-year monthly sales increases.

September resulted in a double-digit increase again compared to September 2012. This is also true for…

Read More: Real Estate Market Has Strong Start Leading to Strong Finish

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Functional Family Homes

The Tennessean :: Written by Bill Lewis :: October 20, 2013

safe_imageFormal dining rooms are so 2005. Today’s homebuyers are demanding open floor plans, downstairs master suites, private living spaces for aging parents and adult children who might live under one roof and spaces where busy families can organize their smartphones, laptops, briefcases, backpacks and school books.

Homebuilders are responding with modern floor plans and innovative amenities that fit the changing lifestyles and economic needs of families and single people.

“People are trying to build what’s important to them…

Read More: Functional Family Homes

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426-Home Subdivision in Mt. Juliet Planned by Brentwood, N.C. Developers

The Tennessean :: Written by Getahn Ward :: October 19, 2013

Real estate developer Crescent Communities has 150 acres in Mt. Juliet under contract with plans for a residential community with 426 homes along with Brentwood-based co-developer Pearl Street Partners LLC.

The Charlotte, N.C.-based company this week filed with the Mt. Juliet planning commission seeking permission for multiple sizes of lots in a master-planned community. The subdivision, which will be called Nichols Vale, should help to address a growing shortage of developed lots in the Nashville area, something one researcher considers a crisis at hand for many homebuilders.

“If they’re going to put lots on the ground and if it’s in a good location, they will do well…

Read More: 426-Home Subdivision in Mt. Juliet Planned by Brentwood, N.C. Developers

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