Good News: Housing Highs, East Nashville Project, & New Burger Spot!

This Week in Tennessee News

Existing Home Sales Highest in 8 Years; Prices Hit All-Time High
The Nashville Business Journal :: July 22, 2015
Home Prices High
Sales of existing homes rose to their highest level since 2007 in June, and the median sales price hit an all-time high.
That’s according to the National Association of Realtors, which reported that existing home sales increased 3.2% in June to a seasonally adjusted annual rate of 5.5 million. That rate is nearly 10% above what it was a year ago.
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“Buyers have come back in force, leading to the strongest…”
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Metro Approves $600M Mixed-Use Development
The Nashville Post :: July 22, 2015
East Nashville Construction
Metro Council approved a new redevelopment plan Tuesday for an East Nashville public housing community.
The plan would transform the James A. Cayce Homes in East Nashville into a $602M, mixed-income, mixed-use community.
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The Metro Development and Housing Agency has been working with residents of the public housing community on the project since 2013. The long-term plan is to…
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Burger Restaurant Picks New H.G. Hill Development for First Nashville Spot
The Nashville Business Journal :: July 16, 2015
Farm Burger
Farm Burger, an Atlanta-based farm-to-table burger restaurant, has picked H.G. Hill Realty Co.’s forthcoming Charlotte Ave. development for its 1st Nashville location.
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It was 1st reported last August that Farm Burger was eying Nashville for an expansion. Owner and operator George Frangos confirmed Wednesday that he is in the process of finalizing a lease for space at Hill Center Sylvan Heights…

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