Real Estate Blog

Nashville Builder Spends $10 Million, Plans Two Housing Communities

David McGowan, a Nashville homebuilder, has purchased over 300 acres in Nashville. The builder has big plans for the property. He hopes to build two housing communities.

According to The Tennessean, McGowan paid $10.58 million dollars for the two properties recently. He bought 331 acres all together and plans to create 1,600 homes. These will be the Burkitt Ridge and Carothers Farms communities, they’ll have houses ranging from $200,000 to $400,000.

“We consider this area to be one of the highest job growth areas in Middle Tennessee,” he said of the areas. Because of that, McGowan plans to create communities with retail and office space as well as live/work areas.

McGowan is

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Five Tips on Upsizing Your Home with No Problems

You may hear the term “downsizing” more often than you hear “upsizing” but that doesn’t mean it’s not happening. Every day, growing families and successful business people opt to upsize for their expanding needs. Buying a larger home may seem easier than putting all of your things in a smaller house, but there are still tips that can help you do it with little to no problems.

Make a List of Wants and Needs

Sure you want more space but why do you want more space? Does your dog need a bigger yard along with your more spacious home? Do you need a room for each child? Would you like an office space that’s more practical for your job? Think about each thing you need and write them down. It’s also a good

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See Inside Musician John Hiatt’s Former Leipers Fork Horse Farm

Award-winning musician John Hiatt now has a sold sign in front of his impressive Leipers Fork horse farm. The property, better known as Covered Bridge Farm, recently sold for more than $2 million! According to the Tennessean, the land’s new owner is a Williamson County preservationist.

Dr. Jonathan Oppenheimer added the 97-acre horse farm to Big East Fork. He already owns the property that is described as a retreat, farm and lodge and he hopes this addition helps him preserve more land.

“This makes it 2,000 acres of preserved area, including streams, lakes, farm and about 15 miles of hiking trails extending from Leipers Fork to Williamson County’s Timberland Park," he told the

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August Proves to be Another Strong Real Estate Month in Nashville

The real estate boom in Nashville is showing no signs of stopping. August was another impressive month with sales increasing from this time last year. Music City condominiums even set their own record in August.

According to theTennessean, more than 3,500 houses swapped owners in August in Nashville. That’s nearly a four percent increase from the previous year and that’s the best August on record in over a decade. Condos also set a record last month, recording the highest average price ever at $207,061.

"As a whole, the first-time buyer price range, which includes many condominiums, is particularly sparse in terms of inventory, so the rise in median price is understandable," Scott

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Four Tips to Know About the 2017 Real Estate Market

This year may be coming to a close but it’s never too late to jump in on this hot market. Whether you’re looking to buy or sell, these tips will help guide you on your next move. If you’re looking in Nashville, these tips (and our talented agents) are here to help you. Not in Music City? You can still learn a little about the 2017 real estate market.

1. It’s a seller’s market but you can still improve buyer interest.

Just because it’s a seller’s market doesn’t mean you’ll always have several offers on your home. You can improve your chances by doing a few home improvements. These small fixes can really improve your home.

2. Do your loan research.

So many buyers select a loan without doing

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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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