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.
“Buyers have come back in force, leading to the strongest…”

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.
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…

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.
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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