Real Estate Blog

15-House Development Planned for Reba McEntire’s Former Property

Country icon Reba McEntire’s Wilson County home officially has a sold sign in the yard. The property sold for $5 million and the land has a big future.

According to The Tennessean, Paul H. Burch now owns the 83-acre land that once belonged to McEntire. He closed last month and is now planning a 15-home development on an empty portion of the land.

The preliminary plan has been approved but will go before the County’s planning commission next week. The 15-house development is Cherokee Meadows and will use roughly 17 acres of the land. Each home’s land will vary in size. Some will be under an acre and some will be closer to two acres.

There’s no word on what will happen to the other

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More Than 700 Homes Planned for Hermitage

Developers are making strides with two new subdivisions in the Hermitage area. They’ll bring nearly 800 houses to the area and they’re hoping to attract families and older citizens.

According to The Tennessean, the developers already have their rezoning approvals. Now, they’re taking the next steps in their sites. Craighead Development and Ole South Properties are responsible for one of the developments. They’ll build 500 houses on the 200-plus acre Binns Farms. Beazer Homes also bought nearly 100 acres in the area for over $4 million. They’re building 289 houses in Magnolia Farms.

This is all part of a larger plan. Hermitage’s leaders are hoping to alter the demographics in that area. Currently, it’s

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5 Reasons You Need a Realtor Even When Purchasing a New Construction

Many people walk into a new construction, decide to buy and sign papers without ever consulting a realtor. That may seem like the easy way to purchase a new home, but it’s not the best way to go about it. Here are five reasons you need a realtor, even if you’re purchasing a new construction.

1. Real estate agents work for YOU.

When you visit a subdivision under construction, you’ll meet a site agent. Although they will answer your questions, they aren’t there to represent you. Their loyalty is to the builder. A real estate agent, on the other hand, will have your best interest at heart.

2. They can help you negotiate add-ons.

A realtor can help you negotiate any extras you

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Nashville Housing Market Delivers Strong Second Quarter

Nashville’s housing market is still performing well and we’ve got the numbers to prove it. The Greater Nashville Realtors report that there were 3,887 houses sold in June, a .4 percent rise since June 2016.

This second quarter has seen a significant increase in closings. In 2016, GNR recorded 10,851 closings. This year, they recorded 11,155 which means it increased by almost three percent. This year’s cumulative closings have also increased — up 5.6 percent. This year, so far, they’ve recorded 19,493 compared to 18,452 last year at this time.

“The second quarter was our housing market’s strongest on record,” GNR president, Scott Troxel, says in a release. “The last time our market performed

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Four Advantages to Buying an Older Home

 With the housing market as hot as it is, you may be expanding your options when it comes to home shopping. At first you were only considering brand-new homes but now you’ve added older houses to your list.

 Is buying an older home worth the work and the possible risk? There are actually several advantages to buying an aged house, even if it can be a little intimidating. Here are four advantages to buying an older home.

 The construction is better.

 Construction has significantly changed over the years. According to Realtor.com, “established houses are built to last, and many aspects of the construction cannot be reproduced today.” The wood that older homes use is more resilient than what’s used today.

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Lady Antebellum’s Charles Kelley Sells His Nashville Home

Lady Antebellum’s Charles Kelley recently sold his 6,682-square-feet Nashville home. He made quite a profit off the investment.

According to Variety, the country singer sold the house for $2.9 million in an off-market deal. Although the final deal was below the asking price of $3.2 million, it was a big profit for the Kelley family. Kelley and his wife, Cassie, originally paid $1.6 million for it in 2012.

The gorgeous home was definitely fit for a country superstar and his growing family. Architectural Digest calls the house a “white brick Georgian” that sits on more than 1.5 acres of land. The house is stunning immediately upon arrival. Visitors are greeted at the four-bedroom, five

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Three Reasons to Buy or Sell Real Estate This Summer

It’s that time of year again. It’s hot outside and temperatures are only rising, the kids are out of school and every day seems like a good day for the pool. That’s right, its summer.

You may not realize that summer isn’t just hot, it’s also the hottest season for real estate. It’s the busiest time for real estate agents to help their clients buy or sell their home. For that reason, some potential buyers and sellers reconsider their decision to sell. They worry about open house crowds, bidding against other buyers and trying to make the right decision in a short amount of time.

Although it’s a crazy busy time in real estate, that shouldn’t deter you from buying or selling. In fact, there are a

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Nashville Sets a New May Record for Home Sales

May was a huge month for Nashville real estate. It was so big that it was actually a record-breaking month!

According to the Tennessean, a realtor trade group tracked home sales in May of 2017. They estimate that 3,943 homes were sold that month alone. Nashville has never seen a May month with that many home sales — ever!

Even though the month was a hot one as far as sales, there still isn’t a lot of inventory in Middle Tennessee. According to the newspaper, inventory usually goes up through the summer with the culmination in September.

“In spite of the low supply levels, Middle Tennessee joins the majority of the country in experiencing healthy market trends,” the Greater Nashville Realtors

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So what to do now that you think you want to build, and how do you find the right person for that?  Well, I will tell you, building a home can be painful or it can be exciting. In every build there is a little bit of something else in between.  There are so many moving parts in new construction, so many decisions to be made and so much thought that needs to go into the process.  You need an expert Realtor that can help you understand the specification sheets, the pricing, the allowance, the upgrades, what's included, what's not included, how much it costs to change an order, and most of all what area is going to work best for you and your family.

Working as a design coordinator for one of Brentwood Tennessee's upscale builder's and as a

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