Middle Tennessee Investments

Top 25 Real Estate Market Forecast

Nashville is number 9 in the top 25 appreciating US markets. With a median price at $155,000 Nashville is forcasted to be at 6.9 % for 2007. Despite the reports that the housing market is down many states are greatly flourishing. Read more at: http://www.housingpredictor.com/top25.html

America's midsize, 'inner Sun Belt' cities grow

As we all have observed, Murfreesboro has grow 51% in the 1990s and has surged 26% since then. Most residents would agree that Murfreesboro has grown in a healthy way that is good for business. Nashville is still the "big city", but Murfreesboro is really where the growth is happening. Check out more on the growth of the Boro at: http://www.csmonitor.com/2007/0711/p02s01-ussc.html?page=1

Home Sales Drop and Prices Rise

There was a slowdown in residential property sales in June, 11.6 percent decrease from last year's record. The number of homes on the market keeps rising, but buyers seem to be searching with caution to find their dream home.  Prices for homes are increasing and the new homes could be to blame. Rutherford County's median home price is 157,900 with a 6% change in the last six months. For more details go to: http://www.tennessean.com/apps/pbcs.dll/article?AID=/20070710/BUSINESS02/707100330/-1/ARCHIVES

Housing Construction

As I was reading the Midstate Economic Indicators I came across informative statistics on housing construction in the Middle Tennessee area. Compared to other major metropolitan areas the housing construction decline is moderate.  Although Rutherford County experienced a large decline in single family permits the size of the average household is shrinking.  One in five new housing units can be attributed to shrinking household size. The good news is the market has slowed down in the Middle Tennessee Area, but is forcasted to improve in late 2007.

For more details go to: http://www.mtsu.edu/~berc/msei/pdfs/meispecial07.pdf

Midstate Economic Indicators

The housing market inventory is drastically rising faster than sales. The manufacturing and housing industries are headed for a period of adjustment due to the changes in supply and demand. When production rises faster than demand the inventories rise. Check out more statistics and information on this topic at: http://www.mtsu.edu/~berc/msei/pdfs/meispr07.pdf

Midstate cities just keep getting bigger

Murfreesboro is at a growing rate of 5,000 residents each year. Growing cities are having to cope with changes such as traffic jams and constant construction. People are going where the jobs are available. Murfreesboro is keeping up the growing population by widening the roads and providing more shopping centers. Check out this article for more information. http://www.tennessean.com/apps/pbcs.dll/article?AID=/20070628/NEWS05/706280392

Midstate Home Prices Hit Record High

The price of homes are mid-state homes are high, but the condo market is rising.  NAR predicts that the existing homes will drop this year. Check out this article for more statistics. http://www.tennessean.com/apps/pbcs.dll/article?AID=/20070612/BUSINESS02/706120329/-1/ARCHIVES

Murfreesboro Ranked One of the Best Cities for Relocating Families

Murfreesboro was ranked in the top five cities for relocating families. The job growth rate is at a high drawing more people to Rutherford County.  The prospering city is a desirable place for families and businesses alike. Go to this website on page five to find out more on why so many people are moving to the Boro. http://www.rutherfordchamber.org/images/pdfs/pulse.pdf

Your Middle Tennessee Investment Team There for You

Let Robert and Tom list your home.  Not only will you receive full-service marketing, but you'll also receive the opportunity to be in front of a significant pool of investor clients that we work with on a regular basis.  Call 615-218-7644 or 615-424-1651 to schedule an appointment.

Nashville: A Great Place to Call Home

As one person from New York puts it, "Nashville is a city where there's music in the air, a light sprinking of snow on the ground in the winter, and year-around golf."  Check it out here.