Hendersonville has just been named (by Family Circle Magazina) as the #3 best place for families to live in America.  And it's true!  Although Hendersonville has grown to a population of over 47,000 people...it's a great little town.  New home  prices start around $250,000 and the current unemployment is less than nationwide figures.  Don't miss shopping at the Streets of Indian Lake...what fun!!

Be sure to let me know about any questions you have.  We're your Exclusive Buyer's Agents for Hendersonville Real Estate.

 

Nashville will have a new business soon.  Not only will there be work for Nashville residents....but Nashville Real Estate has also benefited.  Supreme Oils has purchased a 200,000 sf facility on Spence Lane for $5 Million and will employ approximately 100 workers.  They produce oils and condiments..and apparently the building will also house their research and development department.

This is good news in a declining economy.  Nashville typically has a diverse economy and does not go up and down the way some cities do.

Please contact me with any questions you have.

 

Country Music Marathon - Nashville

This year's Nashville Country Music Marathon and half-marathon was the largest ever!  Over 31,000 people registered to run in this years 10th annual marathon.  And if you count the kids that signed up for the Kids' Marathon - the numbers are over 35,000 people in all.

This marathon runs every year on the last Saturday in April...and includes a wheelchair competetion.

People come from all over the country as well as local residents of Nashville Real Estate.

Please let me know about any questions you have.

 

 

 

This year's 58th annual Sumner County tour of homes will help preserve the Cragfont Mansion in Castalian Springs.  The mansion is used for tours, special events...and weddings.  It was once the home of James Winchester, the man who founded Memphis...but settled here before the State of Tennessee was organized.

The 2-story home took 4 years to construct...and was built of Tennessee limestone that was quarried on the site.  It was the only mansion on the frontier at the time of construction.  It was named Cragfont because it stood on a rocky bluff with a natural spring at the base of the hill.

Middle Tennessee is rich in history...and a great place to call home!

Please don't hesitate to contact me with any questions you have about Nashville Real Estate.

 

Many Sumner County residents are shocked when they receive the higher tax appraisals on their homes.  Why is this? How can this be when property values are DECREASING? 

They say that it's not about higher taxes - but I say let's just wait and see.  It seems that higher tax appraisals must ultimately result in  higher property taxes.  If anything, values should be coming down!!

I wonder why the area homeowners aren't doing more to resist these changes?  Can't they see what's going on?

Just my opinion!!  But when I see Hendersonville Homes for Sale and Gallatin Homes for sale keep decreasing in value...it just makes me angry to know that our taxes will be going up.

Please contact me with any questions you have.  Not that I have many answers for this - but I would like to talk with you!

 

Image depicting falling dollar values

Nashville Real Estate home prices fell 4.8% in February (compared to February 2008)....but not nearly as much as they did on a nationwide basis.  Nationally, home prices fell 12.2% in the same month. In fact, home prices have declined for 24 consecutive months.

Nevada saw a 26.7% decrease in home prices...and consequently is the top ranked state for price depreciation in the country.  California comes in a close 2nd with a 26.5% decrease. 

These decreases are being driven by rising unemployment and a high volume of forclosures and short sales.  

All in all, Nashville Real Estate has weathered the storm quite well.  Please be sure to contact me with any questions you have.  We're your Exclusive Buyer's Agent for Nashville Homes for Sale.

 

Image of Wolf Creek Dam in Kentucky

Wolf Creek Dam Could affect several Nashville Homes for Sale if a break occurs.  The Corps of Engineers has provided maps that are available online or in most local libraries...wherein you can find any home in the area to determine if you are in this possible flood zone.

Obviously most of the affected area is along the Cumberland River...which would include some lake homes and nearby low-lying areas.

The Dam repair project has entered a new phase of construction.  They are in the process of drilling more than 275' into bedrock to construct a massive concrete wall....which will be thicker and longer than the original wall built in the 1970's.  It will extend almost a mile across an earthen part of the dam. 

Workers have already pumped nearly a billion gallons of grout into the foundation to help stabilize the dam....and water levels have been significantly lowered to reduce any risk during this repair period.  But these repairs will allow higher water levels for the 2010 recreational season, which will be welcome news to businesses that depend on lake tourism for their income.

The total cost involved in this repair project is a whopping $580 MILLION.

If you are interested in purchasing a Nashville Home for Sale - be sure to check the Wolf Creek maps to determine whether you should buy flood insurance.  This insurance is available through your agent for a maximum of $250,000. 

Be sure to contact me with any questions.

 

 

Image of several babies crying, laughing and eating.

There are babies everywhere in Nashville Real Estate.  There has been an unusually high birth rate recently in Davidson and Rutherford counties. In fact, nationwide...2007 saw the largest number of babies born in history. 

According to demographers, the economy plays a large role in birth rates....and apparently, most of these babies were conceived before the economy declined. 

Baptist Hospital has recently completed an expansion of its antepartum and neonatal intensive care units because of a high number of high-risk pregnancies.  The antepartum unit serves women who are trying to prevent premature labor...and it has grown from 6 beds to 21.  The neonatal unit has gone from 27 to 52 beds.   This increase is due in part because there are more pregnant women with diabetes and obesity...and a growing number of multiple births due to fertility treatments.

If your family has increased and need a new home in Nashville Real Estate, I'm just a phone call away.

 

 

Celebration toast with wine

Sapphire Wines of Franklin TN has recently purchased two California wineries that will add a Pinor Noir to their selections...and they are considering another winery in northern California.

The two wineries are Carneros Creek in Napa Valley and Wildhurst Winery.  Carneros Creek is well known for its Grail Pinot Noir and Carneros Reserve Pinot Noir.

Franklin TN Real Estate is fortunate to have Sapphire Wines in their area.

Be sure to contact me with any questions.

 

 

 

 

New Home Signage

 

It was recently reported that Sumner County was over-built with new homes.  As of today Hendersonville TN Real Estate has 126 new homes listed for sale....with 50 pending.  In comparison...Gallatin TN Real Estate has 87 new homes on the market...with 15 pending.

I've noticed that several subdivision lots are for sale as a whole....and some builders are selling acres that were intended for other phases of their subdivisions. 

But, the good news is that our home prices continue to remain stable....with less than a 5% drop in prices since last year.  A couple of areas have actually had an increase in average sale prices.

As always, please contact me for more information.

 
 
Rainmaker_large

Pam Rumley

Hendersonville, TN

More about me…

Accent Realty Group

Office Phone: (615) 826-0305

Cell Phone: (615) 428-8500

Email Me

News and information about Nashville area Real Estate


Links

Archives

RSS 2.0 Feed for this blog

Find TN real estate agents and Hendersonville real estate on ActiveRain.