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October 16th, 2014

Pumpkinfest to fill downtown Franklin with spooky fun

Categories: Franklin, Franklin TN, Holidays, News, People | Tags: , , , , , , , , , ,

Princesses, monsters and superheroes are invited to celebrate Halloween in Franklin’s 31st annual Pumpkinfest.

Costumes are encouraged for all ages and pets, as guests enjoy live performances on two stages, shop from more than 80 arts booths, vote for the best carved pumpkin and groove in the community swing dance.

While little kids paint pumpkins, jump in inflatables and ride ponies, older kids can bungee jump, ride a mechaniDowntown Franklin Pumpkinfestcal bull and climb a
spider web mountain.

Guess the weight of the Great Pumpkin from Ontario for a chance to win a $50 gift certificate to Stroud’s Barbeque, and sample homemade chili for $10 at the Franklin Tomorrow Chili Cook-Off.

The free festivities occur from 10 a.m. to 8 p.m. Oct. 25 along Main Street from First to Fifth avenues, and on Third and Fourth avenues in Historic Downtown Franklin.

Parking will be available at Harlinsdale Park, 239 Franklin Road, and The People’s Church, 828 Murfreesboro Road, with $1 trolley rides. Details: www.historicfranklin.com/pumpkinfest, 615-591-8500

 

 

Source: http://www.tennessean.com/story/life/family/2014/10/10/pumpkinfest-downtown-franklin/17039939/

October 9th, 2014

Nashville home sales jump almost 20 percent in September

Categories: new home builder, new homes, new homes bellevue, new homes brentwood, new homes Franklin, new homes in college grove, new homes in fairview, new homes in franklin, new homes in mt. juliet, new homes in smyrna, new homes in spring hill, new homes in Summerlyn, new homes in thompson's station, new homes in Watkins Creek, new homes mt. juliet tn, new homes nashville, new homes nolensville, new homes providence, News, real estate | Tags: , , , , , , , , , ,

 It remains a seriously good time to be a real estate agent in the Nashville metro area.

The Greater Nashville Association of Realtors released data Wednesday showing that the number of homes, condos and properties sold last month surged 19 percent. There were 3,122 closings last month, which is 500 more than in September 2013.

Better yet, median sales prices jumped as well, especially in residential deals.New Home Sales

Even more gains are looming: There were 3,049 sales pending when September ended. That’s 562 more than at that point in 2013 — a 23 percent increase.

Last month, the median single-family home sold for $211,400, the point at which half of home sales were smaller and half were larger.

That’s almost $16,000 more than the median from September 2013, an 8 percent gain.

In the third quarter, nearly every county in the market experienced more sales of homes, condos or both, according to Hagan Stone. He’s president of the GNAR and also an agent at Pilkerton Realtors.

Read full article: http://www.bizjournals.com/nashville/blog/real-estate/2014/10/nashville-home-sales-jump-almost-20-percent-in.html

 

Source: http://www.bizjournals.com/nashville/blog/real-estate/2014/10/nashville-home-sales-jump-almost-20-percent-in.html

 

October 2nd, 2014

Under Armour confirms plans to invest $100M in Mt. Juliet, create 1,500 jobs

Categories: new homes mt. juliet tn, News, People | Tags: , , , , , , , , ,

 

Cracker Barrel will soon be surpassed as the largest private employer in Wilson County.

Under Armour today confirmed its decision to build a massive distribution facility in Mt. Juliet, bringing 1,500 new jobs to the area over five years.

The facility represents a more than $100 million investment for the Baltimore-based sports apparel company.Under Armour in Mt Juliet

According to a news release, the center is set to open in early 2016. It is the company’s third U.S. distribution center.

In July, Nashville Business Journal reported that Under Armour had narrowed its search to three locations: Atlanta, Greenville, S.C. and Mt. Juliet. Last week, sources indicated Mt. Juliet had emerged as the front-runner to land the project.

The Nashville Business Journal reported that Under Armour had been exploring locations for up to 2 million square feet of space; the facility announced today will total 1 million square feet.

Under Armour’s arrival in Mt. Juliet will make it the largest private employer in Wilson County, ahead of Lebanon-based Cracker Barrel’s 1,000 employees, according to Nashville Business Journal research.

“Under Armour’s mission is to make all athletes better, and that begins by building a great team and providing best in class service for our customers,” Under Armour COO and President of Product Kip Fulks said in a news release. “We take immense pride in partnering with Gov. [Bill] Haslam, [Economic and Community Development Commissioner Bill] Hagerty, and the many other state and local officials who have joined our commitment to this mission and who have worked tirelessly to establish the ideal business climate in which everyone can flourish.”

In a news release, Haslam called today’s announcement “the beginning of a long and mutually beneficial relationship,” adding that he looked “forward to the development resulting from this exciting new project.”

Wilson County has approved a seven-year payments in lieu of taxes (PILOT) deal for the project, totaling just more than $6 million, according to G.C. Hixson, the executive director of the Wilson County Joint Economic & Community Development Board.

Under Armour will get a full tax abatement on the land and building during the seven year span, while the county will collect around 15 percent on personal property, Hixson said.

Details on state incentives were not immediately available.

Under Armour currently owns and operates two distribution hubs, one in California and another in its home state of Maryland. Based on regulatory filings, the company employs nearly 8,000 people, including 970 at its distribution sites.

The company’s largest customers are the retail chains Dick’s Sporting Goods and The Sports Authority, according to the filings.

 

Source: http://www.bizjournals.com/nashville/blog/2014/10/under-armour-confirms-plans-to-invest-100m-in-mt.html?page=all

September 25th, 2014

$30M investment to create 200 automotive jobs in Spring Hill

Categories: News, Spring Hill TN News | Tags: , , , , , , , , , ,

 

Comprehensive Logistics Co. will open a new facility in Spring Hill to house manufacturing and automotive components for General Motors, company and state officials said Wednesday.

Comprehensive Logistics, an Ohio-based logistics firm, is investing $30 million to build the automotive support facility and plans toGM plant in Spring Hill TN create 200 jobs.

The new facility will support General Motors’ manufacturing operations in Spring Hill. GM announced in August production of a new SUV at the Spring Hill plant, which currently makes the Chevrolet Equinox.

“This contract award demonstrates Comprehensive Logistics’ history of successfully providing a complete logistics and value-added warehouse solution and exemplifies our expertise in helping General Motors to meet growing consumer demand for their vehicles,” Brad Constantini, executive vice president and principal of Comprehensive Logistics Co., said in a news release. “We are excited to open our first operation in Tennessee and become a part of the Spring Hill community.”

As part of the project, Comprehensive Logistics will build a new Class A industrial building at 715 Beechcroft Road in Spring Hill on 13 acres. The facility is expected to be completed in the second quarter of 2015, according to a news release.

“Comprehensive Logistics’ decision to locate a new facility in Spring Hill is another example of the excellent logistics infrastructure and business-friendly environment our state offers to companies around the world,” Gov. Bill Haslam said in the release.

Comprehensive Logistics will also provide parts sequencing and assembly services at the new facility.

New investment in Maury County tied the Spring Hill plant has been picking up recently. Earlier this month, Magna International said it is investing $16 million for a new Spring Hill facility to produce seat assemblies for the GM plant. That investment is expected to create 357 new jobs in the next two years.

Meanwhile, GM said in August it is investing $185 million to build new small gasoline engines at the Spring Hill plant (the company announced last year plans to invest $350 million to prepare for future production of two future mid-sized vehicles in Spring Hill).

Comprehensive Logistics manages 19 facilities in the United State and Canada.

 

Source: http://www.bizjournals.com/nashville/blog/2014/09/30m-investment-to-create-200-automotive-jobs-in.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20bizj_nashville%20%28Nashville%20Business%20Journal%29&page=all

September 18th, 2014

Builder Confidence Hits Highest Level Since November of 2005

Categories: new home builder, new homes, new homes bellevue, new homes brentwood, new homes Franklin, new homes in college grove, new homes in fairview, new homes in franklin, new homes in mt. juliet, new homes in spring hill, new homes in Summerlyn, new homes in thompson's station, new homes in Watkins Creek, new homes mt. juliet tn, new homes nashville, new homes nolensville, new homes providence, News, single family homes in Nashville | Tags: , , , , , , , , ,

September 17, 2014 – Builder confidence in the market for newly built, single-family homes rose for a fourth consecutive month in September to a level of 59 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.

Single Family Home ConstructionThis latest four-point gain brings the index to its highest reading since November of 2005.

“Since early summer, builders in many markets across the nation have been reporting that buyer interest and traffic have picked up, which is a positive sign that the housing market is moving in the right direction,” said NAHB Chairman Kevin Kelly, a home builder and developer from Wilmington, Del.

“While a firming job market is helping to unleash pent-up demand for new homes and contributing to a gradual, upward trend in builder confidence, we are still not seeing much activity from first-time home buyers,” said NAHB Chief Economist David Crowe. “Other factors impeding the pace of the housing recovery include persistently tight credit conditions for consumers and rising costs for materials, lots and labor.”

Derived from a monthly survey that NAHB has been conducting for 30 years, the NAHB/Wells Fargo Housing Market Index gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores from each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.  Click here to read article.

 

Source: http://www.nahb.org/news_details.aspx?sectionID=134&newsID=16995

 

September 8th, 2014

PRESS RELEASE: The Jones Company and Summerlyn in Nolensville

Categories: Live Smart, livejones, new homes in Summerlyn, new homes nolensville, News, People, Press Releases, real estate, Summerlyn Community | Tags: , , , , , , , , , , , , , , ,

 

The Jones Company of TN, LLC

THE JONES COMPANY PURCHASES PROPERTY ADJACENT TO NEW WILLIAMSON CO. SCHOOLS FOR NEW COMMUNITY

 

Construction for 249 Nolensville home lots to be built by The Jones Company and Drees Homes

 

NASHVILLE, Tenn.The Jones Company, a Nashville-based home builder, has closed on the property for a new Nolensville neighborhood called Summerlyn. The neighborhood is adjacent to the planned Williamson County school campus that will include Nolensville High, Mill Creek Middle and Mill Creek Elementary. The neighborhood will include 249 home lots that will be built on by both The Jones Company and Drees Homes.

 

The Summerlyn neighborhood is located on 151 acres in Nolensville near the intersection of Nolensville Pike and York Road. The homes are expected to be priced from the $290s and range from about 1,800 to 4,000 square feet. Three series of homes will be available in multiple sizes, floor plans, and customizable options.

 

“Nolensville is a growing community, and the proximity to the new schools will make this neighborhood an ideal location for families,” said Kenneth Stricker, The Jones Company CEO. “We are really excited about all that this neighborhood is going to offer our homebuyers, including a planned amenity package with a pool and cabana, open space, and approximately one mile of walking trails. Plans are even in place for a pedestrian bridge that will connect to the future schools.”

 

Development work will begin immediately with home construction slated to begin later this year. For more information on Summerlyn, one can sign up for neighborhood news and updates at www.liveatsummerlyn.com. For more information on The Jones Company, see www.LiveJones.com.

 

About The Jones Company
The Jones Company, a Nashville home builder was founded by John E. Jones of St. Louis in 1927. The three-generation family owned and operated company offers a variety of home collections in all price ranges to meet diverse lifestyle needs. Known in the homebuilding industry as “the value leader,” the company’s in-house architectural department strives to find new ways to provide the best value to buyers. It is for this reason that many customers purchase two, three and even four Jones homes throughout their lifetime. In demonstrating this mission, every Jones home is backed by a one-year warranty on workmanship and materials and a 10-year guarantee on major structural components. The company is proud to have a history of community involvement, including a decade of projects with Habitat for Humanity.

 

About Drees Homes
Drees Homes, family-owned and operated for over 85 years, is ranked nationally as the 23rd largest homebuilder by Builder magazine. Headquartered in Ft. Mitchell, Kentucky, Drees operates in Cincinnati/Northern Kentucky, Cleveland, Indianapolis, Jacksonville, Nashville, Raleigh, Austin, Houston, Dallas, and Washington DC/Maryland/Virginia. The company operates as “Drees Custom Homes” in Texas. Visit the company’s web site at: http://www.dreeshomes.com

August 14th, 2014

Second-quarter data shows boom continues for new homes in Nashville

Categories: Live Smart, Nashville, new home builder, new homes, new homes bellevue, new homes Franklin, new homes in college grove, new homes in fairview, new homes in franklin, new homes in mt. juliet, new homes in smyrna, new homes in spring hill, new homes in thompson's station, new homes in Watkins Creek, new homes mt. juliet tn, new homes nashville, new homes providence, News, real estate, single family homes in Nashville | Tags: , , , , , , , ,

from the Nashville Business Journal

New home construction starts and sales in Nashville both increased 9 percent in the second quarter, according to Metrostudy.Nashville Housing Market

There were 1,402 new home sales in Nashville during the second quarter, up 9 percent from 1,287 closings on new homes in the same period of 2013, according to Eugene James, Metrostudy’s regional director. On an annual basis (for the twelve months ended June 2014), there were 6,138 new homes sold in the Nashville market, a 23 percent increase compared to the prior twelve months.

Meanwhile, builders began construction of 1,592 new homes in Nashville in the second quarter, also a 9 percent year-over-year quarterly increase, James said. That’s a 21 percent increase on annual basis.

Metrostudy found there is a 1.7 months supply of finished homes on the market, which James said is below Nashville’s norm of 2 to 2.5 months.

“There’s an undersupply of houses that are immediately available,” James said. “The demand of houses is outpacing the supply. Builders are trying to build as many houses as they can to meet demand.”

James pointed to job growth in Nashville as the primary driver in new home activity.

“Nashville’s total employment is near an all-time high,” James said. “Employment is robust and unemployment compared to other markets is relatively low.”

“The Nashville market is doing well,” James added. “That goes back to the job market, especially compared to other markets the size of Nashville.”

Overall, homes sales rose slightly in July, according to the Greater Nashville Association of Realtors. Single-family homes sold for an average of $221,000 in July, up from $204,000 a year ago.

 

Source:  http://www.bizjournals.com/nashville/blog/2014/08/second-quarter-data-shows-boom-continues-for-new.html

August 6th, 2014

Low closing costs give Tennessee home buyers edge

Categories: Live Smart, Nashville, new home builder, new homes, new homes bellevue, new homes brentwood, new homes Franklin, new homes in college grove, new homes in fairview, new homes in franklin, new homes in mt. juliet, new homes in spring hill, new homes in thompson's station, new homes in Watkins Creek, new homes mt. juliet tn, new homes nashville, new homes nolensville, new homes providence, News, real estate | Tags: , , , , , ,

from Nashville Biz Blog

The housing market remains attractive as mortgage rates have stayed low, but closing costs and fees have been taking larger bites out of potential Low closing costs give Tennessee home buyers edgebuyers’ pockets. But not in Tennessee, where closing costs are among the lowest in the nation.

According to Bankrate, mortgage closing costs now average $2,539 on a $200,000 loan, a 6 percent increase over the past year. Origination fees increased even more with a 9 percent increase over the same period last year.

“New mortgage regulations are the biggest reasons why closing costs went up over the past year,” said Holden Lewis senior mortgage analyst at Bankrate.com. “The good news is that some lenders have not increased fees. To get the best deal, consumers should compare good faith estimates from at least three different lenders.”

Bankrate estimates that home buyers in Tennessee will pay about $2,366 in closing costs, the second lowest in the nation, trailing only Nevada. Home buyers in Nevada pay just $2,265 on average.

At a total estimated cost of $3,046, Texas’ average closing costs are the highest in the nation.

To compile its estimates, Bankrate requested good faith estimates for a $200,000 mortgage loan from up to 10 lenders in each state. The hypothetical loan was for a purchase of a single-family house in the state’s largest city, using a 20 percent down payment, with excellent credit, the study says.

 

Source: http://www.bizjournals.com/nashville/blog/2014/08/low-closing-costs-give-tennessee-home-buyers-edge.html?ana=fbk

July 31st, 2014

Last chance to Live Jones at Belshire!

Categories: belshire spring hill, coming soon, Live Smart, livejones, new homes, new homes in spring hill, News, Spring Hill TN News | Tags: , , , , , , ,

ONLY 1 Market Home Available for Move in Soon! Check Out the Details Below:

inventory_2411

MARKET HOME

bel lot10

 

 

 

 

 

 

 

 

 

 

 Model Home Available for Sale! Available NOW!! See Details Below:

inventory_2260

MODEL HOME FOR SALE

belshire model

 

 

 

 

 

 

 

 

 

 

Plus there are 3 opportunities for The Jones Company to build someone the home of their dreams in BELSHIRE.  Click this link for community details.

 

Current Offers:

Save up to $7,500 on personalization of your new Jones home when you buy a home between 7/11/14 and 8/8/14. *Savings amounts vary by community. See sales manager in the community of your choice for details. Offer available on new contracts dated 7/11/14 thru 8/8/14 only. Offer ends 8/8/14.

 

July 15th, 2014

Middle Tennessee real estate market is hot!

Categories: Live Smart, new homes, new homes Franklin, new homes in fairview, new homes in franklin, new homes in mt. juliet, new homes in spring hill, new homes in thompson's station, new homes in Watkins Creek, new homes mt. juliet tn, new homes nashville, new homes providence, News, real estate | Tags: , , , , , , ,

Real Estate is Hot!Thermometers are used to measure all sorts of things. Organizations use them as a visual gage for fundraising. Most commonly they are used to determine a specific level of heat in the body, a room or the environment. Recently we have definitely seen it heat up … both in the temperature outside and in the region’s real estate market.

Last week, the Greater Nashville Association of Realtors released home sales data for the month of June, as well as county data through the midyear. For June home sales rose again, up just over nine percent. As a whole, our region is up a little more than three percent from June 2013.

Median prices are also rising for single family residential homes and condominiums. Both are up close to $20,000 over last year. This is great news for current and future homeowners, as steady gains continue to affirm the value of home ownership. …

Read full article: http://www.tennessean.com/story/money/real-estate/2014/07/13/middle-tennessee-real-estate-market-hot/12591133/

 

Source: http://www.tennessean.com/story/money/real-estate/2014/07/13/middle-tennessee-real-estate-market-hot/12591133/

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