Quality of life, top-notch schools and a business friendly environment...three ingredients needed in a great formula resulting in strong growth for Williamson County.
COMMENTARY: Williamson County looking better than ever!
By TIFFANY CHEUVRONT
Special to Brentwood Home Page
As we all focus on the trends of the market and what will “dip” next, it is good to see positive things happening in our economy and our Williamson County communities. The number of homes sold and the median price of those homes continues to rise in Williamson County as we experience better than the national average in our real estate markets.
Much of the driving force behind the sustainability of our community is based on the overall quality of life that we experience here in Williamson County. Newsweek (2010) has named five of our Williamson County Schools as some of the Top High Schools in America (Brentwood, Ravenwood, Franklin, Fairview, and Centennial). Only 6 percent of public high schools in the Nation make the list, which is a huge “feather in our cap”
Between the superior education offered here and the “business friendly” environment promoted by the Williamson County Economic Development Council, it is no wonder that we are the place for business in Tennessee. Just this week it has been announced that the IRS, Advanced Bio Healing and Comdata Corp. will either relocate to Williamson County or expand current operations bringing another 750 jobs into our community.
According to www.williamsonprospers.com , Tennessee’s unemployment rate of 13.1% is significantly higher than that of Williamson County at 8.1%. Williamson County continues to lead growth by a rate of 2.5% compared to Davidson County’s growth rate of 1.10%.
These three: education, economic growth and real estate are all connected in a relationship based on the success of each other.
The real estate markets cannot continue to improve without the successes of our education system and our economic development commitments to corporations which drive companies to this area. Economic development cannot happen without quality places to live, near exceptional schools and schools cannot grow and bring in the tax revenues necessary for excellence in education without a business friendly environment.
In a recent article, Danny Anderson, president of Williamson County Association of Realtors said, “The Williamson County area continues to show strong growth compared to other market areas in the State and across the county. The quality of life, excellent schools and an overall economically prosperous community are drivers that allow Williamson County to stay on the more positive side of the real estate slump.
“The influx of corporations choosing this area for corporate headquarters will continue to spur growth in our area and help improve the real estate and other economic indicators that we watch. WCAR is focused on being a part of the recovery of these markets as we move forward.”
As we look toward the end of 2010 and the struggles that we have seen as a state and nation in the economic sectors, we should be proud of the strength of Williamson County and those that are working to keep Williamson County communities at the forefront of growth for years to come. There are exciting things happening here and we should be proud to live and work in a thriving community.
Tiffany Cheuvront is executive vice president of the Williamson County Association of Realtors.
Posted: Tuesday, September 21, 2010 10:45 pm
Wednesday, September 29, 2010
Tuesday, September 28, 2010
Sylvan Park is on the move!
More good news for Sylvan Park investors and homeowners.
Sylvan Park driving interest in Charlotte Ave.
Nashville Business Journal - by Eric Synder Staff Writer
One of the engines driving interest in the Charlotte Avenue corridor is barely visible from the roadway itself — the Sylvan Park neighborhood.
Defined roughly as the area bordered by Murphy Road, Charlotte, Interstate-440 and Richland Creek, homes in the area tend to be 70 years old or more.
The area began to gentrify in the mid-1980s, according to Richard Exton, of Manier and Exton Real Estate Appraisers. Though the ball had already begun rolling, the rejuvenation began to truly pick up speed about 10 years ago, according to Lisa Friedman, a real estate agent with Village Real Estate Services who grew up near the neighborhood and bought inside Sylvan Park nine years ago.
“Sylvan Park has a cache now that it didn’t once have,” Friedman said. Proof of this is available on real-estate listing websites, where homes for sale in nearby neighborhoods attempt to co-opt and expand the Sylvan Park label.
Though gentrification is largely complete in Sylvan Park, the degree and amount of renovations has continued to increase in the neighborhood as demand has warranted, Exton said. Sylvan Heights, an area located closer to 440, saw gentrification begin around the mid-1990s.
Prices in the neighborhoods “really have skyrocketed, probably until 2007, when everybody began to see declines,” Exton said.
In Friedman’s case, she bought her home for approximately $130 per square foot. As a rule of thumb, most houses in Sylvan Park now go for $200 per square foot, Friedman said.
Friedman said young professionals are among the most popular groups moving into the neighborhood, while more established households are moving up into new historical replicas, which can run for $600,000. Located near HCA, Friedman said the neighborhood is also home to a number of Vanderbilt employees.
Some 2,000 homes are in the Sylvan Park area, nurturing local businesses along Murphy Road and opening the door for redevelopment along Charlotte.
“Retail follows slowly, but it does follow. When your demographics improve, your retail is going to improve,” Friedman said.
Read more: Sylvan Park driving interest in Charlotte Ave. - Nashville Business Journal
Sylvan Park driving interest in Charlotte Ave.
Nashville Business Journal - by Eric Synder Staff Writer
One of the engines driving interest in the Charlotte Avenue corridor is barely visible from the roadway itself — the Sylvan Park neighborhood.
Defined roughly as the area bordered by Murphy Road, Charlotte, Interstate-440 and Richland Creek, homes in the area tend to be 70 years old or more.
The area began to gentrify in the mid-1980s, according to Richard Exton, of Manier and Exton Real Estate Appraisers. Though the ball had already begun rolling, the rejuvenation began to truly pick up speed about 10 years ago, according to Lisa Friedman, a real estate agent with Village Real Estate Services who grew up near the neighborhood and bought inside Sylvan Park nine years ago.
“Sylvan Park has a cache now that it didn’t once have,” Friedman said. Proof of this is available on real-estate listing websites, where homes for sale in nearby neighborhoods attempt to co-opt and expand the Sylvan Park label.
Though gentrification is largely complete in Sylvan Park, the degree and amount of renovations has continued to increase in the neighborhood as demand has warranted, Exton said. Sylvan Heights, an area located closer to 440, saw gentrification begin around the mid-1990s.
Prices in the neighborhoods “really have skyrocketed, probably until 2007, when everybody began to see declines,” Exton said.
In Friedman’s case, she bought her home for approximately $130 per square foot. As a rule of thumb, most houses in Sylvan Park now go for $200 per square foot, Friedman said.
Friedman said young professionals are among the most popular groups moving into the neighborhood, while more established households are moving up into new historical replicas, which can run for $600,000. Located near HCA, Friedman said the neighborhood is also home to a number of Vanderbilt employees.
Some 2,000 homes are in the Sylvan Park area, nurturing local businesses along Murphy Road and opening the door for redevelopment along Charlotte.
“Retail follows slowly, but it does follow. When your demographics improve, your retail is going to improve,” Friedman said.
Read more: Sylvan Park driving interest in Charlotte Ave. - Nashville Business Journal
Monday, September 27, 2010
Never a bad time to invest-Nashville ranked 4th best!
Great news for investors! Nashville is rated as the 4th best place to invest in the country! 10 years ago, I chose Nashville, specifically Sylvan Park, to invest in.
5 years ago, I chose Harlingen, Texas, just 10 minutes to McAllen, Texas, as a great place to invest!
If you are thinking of investing in a home or multi-family housing, this is a great time to do it! I am here to serve you!! Please read the article below:
Nashville’s residential real estate market has the fourth-highest potential for price appreciation, according to an analysis by a North Carolina firm and Forbes.com.
North Carolina-based Local Market Monitor compiled data looking at which metropolitan areas are best-positioned to rebound, looking at the whether prices appear to be stabilizing, as well as pre-recession population growth and the presence of growth industries like health care.
The company analyzed 145 markets. Nashville trailed Raleigh, N.C.; McAllen, Texas; and Austin, Texas. San Antonio rounded out the top 5.
Local Market Monitor expects home prices in Nashville to be up 3 percent within three years. Wisconsin-based research firm Fiserv told the Business Journal it expects prices in Nashville to bottom out in the second quarter of 2011, and return to peak in 2018.
In the meantime, the combination of depressed prices, low interest rates and rising rents is drawing some investors back into residential real estate. For more, read this Friday’s Nashville Business Journal.
Dan Hieb coordinates coverage for nashvillebusinessjournal.com, as well as for the Nashville Business Journal's Open for Business and New to Nashville profiles. He can be reached at dhieb@bizjournals.com or 615-846-4278.
Read more: Report: Nashville fourth-best bet for residential real estate investors - Nashville Business Journal
5 years ago, I chose Harlingen, Texas, just 10 minutes to McAllen, Texas, as a great place to invest!
If you are thinking of investing in a home or multi-family housing, this is a great time to do it! I am here to serve you!! Please read the article below:
Nashville’s residential real estate market has the fourth-highest potential for price appreciation, according to an analysis by a North Carolina firm and Forbes.com.
North Carolina-based Local Market Monitor compiled data looking at which metropolitan areas are best-positioned to rebound, looking at the whether prices appear to be stabilizing, as well as pre-recession population growth and the presence of growth industries like health care.
The company analyzed 145 markets. Nashville trailed Raleigh, N.C.; McAllen, Texas; and Austin, Texas. San Antonio rounded out the top 5.
Local Market Monitor expects home prices in Nashville to be up 3 percent within three years. Wisconsin-based research firm Fiserv told the Business Journal it expects prices in Nashville to bottom out in the second quarter of 2011, and return to peak in 2018.
In the meantime, the combination of depressed prices, low interest rates and rising rents is drawing some investors back into residential real estate. For more, read this Friday’s Nashville Business Journal.
Dan Hieb coordinates coverage for nashvillebusinessjournal.com, as well as for the Nashville Business Journal's Open for Business and New to Nashville profiles. He can be reached at dhieb@bizjournals.com or 615-846-4278.
Read more: Report: Nashville fourth-best bet for residential real estate investors - Nashville Business Journal
Friday, September 24, 2010
Nashville-Davidson-Murfreesboro-Franklin in top 10 markets most likely to appreciate according to Forbes Magazine!
Great information below! I would love to talk with you if you are thinking about buying or selling residential or investment property! It is the perfect time to start planning your future!
10 Markets Most Likely to Appreciate
Forbes magazine turned to real estate research firm Local Market Monitor to figure out which markets have the greatest likelihood of price appreciation because they offer a mix of jobs weighted toward growth industries.
These are the top markets, the research company concludes:
1. Raleigh-Cary, N.C.
2. McAllen-Edinburg-Mission, Texas
3. Austin-Round Rock, Texas
4. Nashville-Davidson-Murfreesboro-Franklin, Tenn.
5. San Antonio, Texas
6. Colorado Springs, Colo.
7. Albuquerque, N.M.
8. Denver-Aurora-Broomfield, Colo.
9. Springfield, Mo.
10. Indianapolis-Carmel, Ind.
Source: Forbes, Francesca Levy (09/13/2010)
I look forward to serving you!
Mimi
10 Markets Most Likely to Appreciate
Forbes magazine turned to real estate research firm Local Market Monitor to figure out which markets have the greatest likelihood of price appreciation because they offer a mix of jobs weighted toward growth industries.
These are the top markets, the research company concludes:
1. Raleigh-Cary, N.C.
2. McAllen-Edinburg-Mission, Texas
3. Austin-Round Rock, Texas
4. Nashville-Davidson-Murfreesboro-Franklin, Tenn.
5. San Antonio, Texas
6. Colorado Springs, Colo.
7. Albuquerque, N.M.
8. Denver-Aurora-Broomfield, Colo.
9. Springfield, Mo.
10. Indianapolis-Carmel, Ind.
Source: Forbes, Francesca Levy (09/13/2010)
I look forward to serving you!
Mimi
Subscribe to:
Posts (Atom)
