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Category: real estate

January 12th, 2015

A new home for less than $400K in Williamson County?

Categories: Canterbury Community, Franklin TN, New construction, new home builder, new homes in franklin, new homes in Summerlyn, new homes in thompson's station, new homes nolensville, real estate | Tags: , , , , , ,

Canterbury Community from The Jones CompanyIn Williamson County, where the average home price topped $455,000 at the end of the year, is it still possible to find an affordable new house? Josh and Vania Jackson think so.

After a disappointing search for a home near downtown Franklin, they looked farther south in Thompson’s Station’s Canterbury neighborhood. That short drive saved them almost $150,000.

“A house like ours was pushing $480,000 in Franklin, literally 10 minutes away,” said Josh Jackson.

The Jacksons paid $334,000 for their home, which is being built by the Jones Co. That price is close to the average price of a home in Thompson’s Station, which was $321,682 in November, but well below the $475,266 average price in Franklin, according to the Williamson County Association of Realtors.

The Jacksons’ house features numerous upgrades. The 2,600-square-foot house is on a one-third acre lot and has hardwoods on the main level, wainscoting and a three-car garage. It has a brick exterior, which the Jones Co. provided at the same cost as less expensive Hardie Board siding.

Despite Williamson County’s reputation as an expensive place to buy a house, the couple believe they got the best deal possible. In trendy East Nashville, they found similarly priced new homes, but they were being built two on a lot. In Nashville’s settled West Meade neighborhood, homes in that price range usually needed updating.

“We’re not sitting right behind another house, and we’ll have Williamson County schools,” said Jackson.

There are numerous communities where buyers can find new homes well below Williamson County’s average price, said Jen Lucy, director of sales for the Jones Co.

“Most people who work in Williamson County can buy a home in Williamson County,” she said.

In the Heartland Reserve neighborhood in Fairview, prices start under $300,000. In the new Summerlyn subdivision in Nolensville, prices start in the $330,000s, she said.

“Nolensville is the new Franklin,” said Lucy. “It’s a great alternative to Franklin, but a little more affordable.”

Other builders also are making a point of offering homes within reach of many buyers. In Beazer Homes’ new Brentwood subdivision, Owl Creek, prices begin at $374,990. In Lochhaven, also in Brentwood, prices begin at $349,990, far below the city’s average price of $658,146.

In Franklin, Goodall Homes’ prices begin at $368,990 in the Rizer Point subdivision. In Lockwood Glen, homes begin at $376,990.

Regent Homes has houses from the mid-$300,000s in Lockwood Glen, said Jeffrey Caruth, a Realtor for the company. On the south side of the city, Berry Farms condos starts in the $160,000s, he said.

“Owning a home is the American dream. The American dream still exists in Franklin,” Caruth said.

In Nolensville, where the average price for a home is $433,481, Regent has homes from around $258,000 in Burkitt Village.

In Spring Hill, where the average home costs $296,481, Regent has homes from $162,900 in the Woodside subdivision.

In many communities, the trend toward smaller yards helps hold down prices. Builders can acquire lots from developers at a lower price and pass the savings on to their customers, Caruth said.

Those large, private yards have been replaced by parks, community green spaces and walking trails in many communities. That appeals to home owners who are looking for a low-maintenance lifestyle.

“Buyers are getting away from one-acre lots. They don’t want their home to be a hindrance,” said Caruth. “They prefer open spaces, a sense of community.”

Reach Bill Lewis at 615-262-5862 or wlewis77229@comcast.net.

Source: http://www.tennessean.com/story/news/local/williamson/real-estate/2015/01/12/new-home-less-williamson-county/21468437/

January 7th, 2015

Homebuilders keep pace with changing lifestyles

Categories: coming soon, New construction, new home builder, new homes, new homes in Summerlyn, new homes in thompson's station, new homes nolensville, News, real estate, Summerlyn Community | Tags: , , , , , , , , ,

The way families live in their homes is changing, and homebuilders are introducing new designs in Williamson County to keep pace.

The Jones Co.’s new Carriage Series design features the company’s “Life Triangle” open layout. Goodall Homes is offering one-level houses designed for aging in place. Pulte Homes has “life-tested” floor plans and Lennar is offering one-level homes and its “Next Gen” house for multiple generations living under one roof.

They still have four walls and a roof, but today’s homes are different from houses built just a few years ago.

From a house to a home

“A family’s home is more than four walls and a roof. It is where kids spend their childhood, holidays are celebrated and traditions are created. We keep this in mind as we develop our home collections and strive to offer the features that make a house a home, not only attractive but more liveable,” said Ken Stricker, CEO of The Jones Co.

“This new Carriage Series is a reflection of that promise to our buyers. We listen to their requests and

The Jones Company's soon-to-be-built Carriage Series will feature a kitchen similiar to this one.

The Jones Company’s soon-to-be-built Carriage Series will feature a kitchen similiar to this one.

follow trends so that we can provide the best homes to fill the changing lifestyle needs of our homebuyers.”

The Carriage Series, the first entirely new design from Jones in five years, is being introduced in Nolensville’s Summerlyn neighborhood, which will open for pre-sales soon. The design features what the company calls its Life Triangle, which connects the kitchen, dining area and the living room, where families spend most of their time.

“That’s how families are living. They want to be together. Someone’s in the kitchen, someone’s doing homework, but they’re all together,” said Jen Lucy, the company’s director of sales.

Reducing clutter

Because families are likely to enter through the side-entry garage, not the front door, the design features a family foyer with a walk-in closet to store books, backpacks and other items that might cause clutter.

Old-style floorplans often have families come in through the laundry room, which Lucy said “doesn’t give you the best view of the home.”

New floor plans include a second bedroom and bath suite on the main level to meet the needs of extended families or children.

Kitchens feature large islands “like you see every time you turn on HGTV,” and homes have covered outdoor living space, said Lucy.

The Jones Co. plans to build 155 homes in Summerlyn. Drees Homes is also building in the subdivision.

In Franklin’s Amelia Park subdivision, Pulte Homes plans to build 150 homes that feature what the company calls its “life-tested” floor plans.

There is “no wasted space that is typically found in older homes,” the company says on its website.

Homes feature detached garages and the “Pulte Planning Center,” which functions as a home office off the main living area. An “everyday entry” — the door that the family uses most often — has a drop zone for books, umbrellas and other items. Porches and balconies provide outdoor living space. The subdivision is off Clovercroft Road, south of the McKay’s Mill subdivision.

In Thompson’s Station’s Brixworth subdivision, Pulte is offering homes with second-floor laundry rooms.

One-levels make comeback

Lennar Homes, one of the country’s largest builders, is offering one-level homes in the Tollgate Village, Bridgemore Village and Brixworth subdivisions in Thompson’s Station. The company also offers its NextGen home for families with more than one generation living in the house.

The design features a separate suite with a private entrance, bedroom, bath, laundry, living room and eat-in kitchenette.

Many homeowners have raised their family in a larger house and are ready to downsize, said Chris O’Neal, vice president of Goodall Homes.

The company is offering “cottage one-levels” in Nolensville’s Bent Creek neighborhood. The company builds several floor plans, including one-level homes, in the Lockwood Glen, Canterbury and Rizer Point subdivisions. Goodall also plans to offer one-level homes in the new Water’s Edge subdivision.

Buyers no longer are purchasing homes with the expectation that they’ll have to move out as they grow older, O’Neal said. Instead, they want a home that will accommodate their needs during all of life’s stages, he said.

Goodall’s one-level homes have zero-step entries and wide interior doorways that can accommodate a baby carriage or a wheelchair. Main-level master bedrooms mean the owners don’t have to give the stairs a second thought — or a first one, said O’Neal.

“That’s what people are gravitating to, aging in place,” he said.

As families change, so are their houses, said the Jones Co.’s Lucy.

“Lifestyle drives home design,” she said. “We do a lot of research into how people are living.”

 

Source: http://www.tennessean.com/story/news/local/williamson/real-estate/2015/01/07/homebuilders-keep-pace-changing-lifestyles/21125183/

Bill Lewis, For Williamson

December 30th, 2014

PRESS RELEASE: The Jones Company Responds To Market Trends With Release Of New Home Plan Collection

Categories: Habitat for Humanity, Industry News, Live Smart, livejones, New construction, new home builder, new homes, new homes in Summerlyn, new homes nolensville, News, Press Releases, real estate, Summerlyn Community, tn | Tags: , , , , ,

New Carriage Series offers prestigious European flair and is set to launch in Summerlyn neighborhood

NASHVILLE, Tenn.The Jones Company continually monitors the lifestyle needs of discerning home buyers and, in response to the newest trends, has launched the brand new Carriage Series home plans. The Carriage Series offers nine customizable floor plans for buyers that showcase larger garages with courtyard entrances, four-sided masonry, and The Jones Company’s signature Life Triangle™ open concept layouts.

“A family’s home is more than four walls and a roof. It is where kids spend their childhood, holidays are celebrated and traditions are created,” said Ken Stricker, The Jones Company CEO. “We keep this in mind as we develop our home collections and strive to offer the features that make a house a home not only attractive but more liveable. This new Carriage Series is a reflection of that promise to our buyers; we listen to their requests and follow trends, so that we can provide the best homes to fill the changing lifestyle needs of our homebuyers.”

As the first entirely new collection from The Jones Company in five years, Carriage Series homes will introduce a new standard of curb appeal offering carriage style garage doors with courtyard entry, spacious driveways and double front entry doors. Covered living areas for outdoor entertaining and relaxing will also be included.

Once inside, buyers can expect to find a very livable, open concept layout. The home plans incorporate The Jones Company’s Life Triangle™, which is designed to connect the kitchen, living room and dining area where most people spend the majority of their time.  Families will also benefit from a “family foyer” off the garage that includes a walk-in storage closet.  Appealing to a wide variety of today’s buyers, several home plans also include a second full bedroom-and-bathroom suite on the main level to accommodate extended families or even small children.

In addition to the well-designed floor plans conducive to meeting buyers’ lifestyle needs, the home is equipped with quality finishes. Kitchens include gourmet islands, granite countertops and stainless steel appliances as standard features. Bathrooms feature garden tubs and stand-up showers, with several spa-style options available, such as oversized showers and free-standing tubs. Hardwood floors and spacious closets are also standard with designer’s choice light fixtures, Craftsman style trim and many other customizable upgrades.

The new Carriage Series homes will launch in The Jones Company’s 249-lot Summerlyn neighborhood in Nolensville, which will open for pre-sales soon. To receive the latest news about the Summerlyn neighborhood, sign up for neighborhood 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 most recently a decade of projects with Habitat for Humanity.

December 8th, 2014

So you’re waiting to buy a new home because you think getting a mortgage is impossible?

Categories: Industry News, livejones, New construction, new home builder, new homes, News, People, real estate | Tags: , , , , , , , , , , ,

Think again!la-blm-existing-home-sales-jpg-20141203

When it comes to buying a house, are you in the “no way I could possibly qualify” category?  Not enough cash in the bank for a down payment or closing costs? Credit scores good but not great? So much deferred student loan debt that you assume any lender would slam the door?

Join the crowd. Large numbers of Americans feel the same, in part because they read and hear that qualifying standards for mortgages are the strictest they’ve been in decades. A study based on a statistical sample of potential home buyers conducted earlier in the year by the mortgage company LoanDepot found that nearly 60% of people who say they want to buy a home aren’t pursuing it because they think there’s just no point — they are convinced their applications would be rejected. Three-quarters of them, however, concede that they haven’t done a thing to check out current lender requirements.

But here’s some good news for these folks: Changes are underway in the mortgage market that could give them a better shot at qualifying. Start with recent policy shifts at giant mortgage investors Fannie Mae and Freddie Mac, the two dominant funding sources for new loans. Late in November, both companies announced procedural changes that should encourage lenders to be less fearful that the mortgages they approve will be subject to costly “buyback” demands if borrowers go delinquent.

To read the full article please visit:

Source:

http://www.latimes.com/business/realestate/la-fi-harney-20141207-story.html

December 5th, 2014

8 Benefits of Buying a House at Year’s End

Categories: Live Smart, New construction, 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 spring hill, new homes in Summerlyn, new homes in thompson's station, new homes in Watkins Creek, new homes nashville, new homes nolensville, new homes providence, real estate | Tags: , , , , , , ,

Buying a House at Year's End

Summer may be real estate’s busy season, but winter offers great opportunities for buying a house, especially for renters looking to become homeowners, growing families trading up to larger houses and baby boomers seeking homes to fit their evolving lifestyles.

Generally speaking, your housing choices during the late fall are still healthy. October and November are great months to go house hunting. December is usually sparse, market-wise, but if that fits your timeline, you could luck out.

The benefits to buying a house at the end of the year include the following:

1. Tax savings

If you close by December 31, you can deduct mortgage interest, property taxes, points on your loan and interest costs. These deductions are significant, especially in the early years of your loan when you’re paying off a lot of interest.

2. Motivated sellers

Many sellers want to enjoy tax savings on the next home they purchase. They may accept lower bids in order to meet Uncle Sam’s deadlines. However, if you’re in a strong seller’s market, you’ll want to be conservative and heed advice from your real estate professional.

3. Builder incentives

If you’re buying a house that is brand new, there’s a good chance builders may push to close the books on their year—and meet quotas. They may offer upgrades or little extras to sell houses before the calendar turns.

4. Available movers

Many moving companies are booked six weeks or more in advance during the busy summer months. In the fall and winter, it’s normally easier to secure the services of a moving company or rental equipment on shorter notice.

5. Paying toward something you own

If you’re renting, your monthly check goes toward something that will last you a month: You’ll never see any return on that money. When you buy a house, your monthly mortgage payment goes toward an investment—and ultimately a roof that’s yours.

6. Consistent payments

Landlords can increase your rent. Once you secure a mortgage, you can rely on consistent payments if you have a fixed-rate loan.

7. Freedom to renovate

Modernize your kitchen, paint your home’s exterior neon orange, change your fixtures or replace your carpeting; whatever inspires you, no one can tell you, “No!”

8. Gaining equity

In the beginning, most of your payment goes toward interest. But gradually more will go toward paying off your principal, meaning you build up equity—or savings—in your home. Another factor in equity is appreciation: As home values rise, so does your rate of equity.

 

Source: http://www.realtor.com/advice/8-benefits-buying-a-house-years-end/

 

December 3rd, 2014

The Real Estate Market Has Turned The Corner

Categories: Industry News, Live Smart, New construction, new home builder, new homes, News, real estate | Tags: , , , , , , , ,

The Real Estate Market has Turned the Corner

As we finish 2014, it appears the real estate market is once again on solid footing and ready to advance forward over the next few years. The strength of the market can be viewed using two metrics: projected home values and projected house sales.

We recently reported that the Home Price Expectation Survey revealed future home values will continue to appreciate nicely. Today we want to look at projections on the number of home sales (existing and new construction) we will see over the next two years. We researched what the National Association of Realtors (NAR), Freddie Mac and the Mortgage Bankers’ Association (MBA) are projecting for the housing industry going forward.

Here is what we found:

Projective Total Home Sales

 

All three entities see the number of home sales increasing in both 2015 and 2016. This is further proof the housing market is back.

 

Source:  http://www.simplifyingthemarket.com/2014/12/03/the-real-estate-market-has-turned-the-corner/?a=73702-8b4d5fa2b25d48650e2734cf842224df

November 19th, 2014

PRESS RELEASE: The Jones Company Brings More Than 60 New Home Sites to Williamson County

Categories: coming soon, live green, Live Smart, livejones, New construction, new home builder, new homes, new homes nolensville, News, People, Press Releases, real estate, Whitney Park Community | Tags: , , , , , , , , , , , , , , , , ,

The Jones Company of TN, LLC

Whitney Park at Burkitt Place announced to add homes to existing Burkitt Place neighborhood.

 

NASHVILLE, Tenn.The Jones Company, a Nashville-based home builder, has announced Whitney Park at Burkitt Place as their newest community planned for Williamson County.

The Whitney Park at Burkitt Place neighborhood is located in Nolensville, Tenn. with convenient access to Interstates 24 and 65, Brentwood, Cool Springs, Nolensville and downtown Nashville. Whitney Park at Burkitt Place homes will feature The Jones Company’s hometown village collection homes, which are priced from the $360s and range from 2,535 to 3,650 square feet. The homes are available in multiple sizes, floor plans, and customizable options. The neighborhood offers access to Burkitt Place Swim Club featuring a five lane lap pool, adult pool and children’s pool, as well as a comprehensive park system of paved trails and sidewalks, a neighborhood cabana and children’s play areas.

“This area of Williamson County offers a great bargain for a convenient location and a great school system,” said Ken Stricker, The Jones Company CEO. “We are excited to expand the existing Burkitt Place neighborhood with our newly updated Hometown Village collection homes.”

Construction will begin on the Whitney Park at Burkitt Place model home next month. Updates about the neighborhood’s progress will be posted at LiveatWhitneyPark.com. For more information, contact The Jones Company’s new home concierge at 615-595-5447. Information about other neighborhoods from The Jones Company can be found at 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 innovative and customer-oriented, 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 more than a decade of projects with Habitat for Humanity.

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October 27th, 2014

Nashville of today result of years of strong leadership

Categories: Live Smart, living green nashville, Nashville, New construction, News, People, Press Releases, real estate, tn | Tags: , , , , , , , , , , ,

 

“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” — Margaret Mead

It seems you can’t drive more than a few miles in any direction in Nashville without passing a construction site. Our built environment is changing before our eyes — and for the better:

1. A dingy industrial sector of downtown — literally on the wrong side of the tracks — is today one of Nashville’s hottest mixed commercial use districts, drawing praise from the New York Times, Bon Appetit and many other national publications.

2. A tire store has been replaced by a gleaming new 23-story condominium building with awe-inspiring views of downtown and a lush rooftop park.Nashville construction

3. Several tired, car-centric strip centers have been replaced by pedestrian-friendly retail villages.

4. Another largely abandoned strip center has been converted into a mixed-use development with attractive apartments and three restaurants — one of which was recently named Nashville’s “Best New Restaurant” in a readers’ choice contest.

5. A new baseball field is rising on state-owned land that had been little more than a blight on the view from Capitol Hill.

6. Three primary corridors radiating from downtown have transformed from undesirable venues to the “next big thing” — or are already white hot.

(Can you guess what these properties are? The answers are at the end of this column.)

 

Read full article: http://www.tennessean.com/story/money/2014/10/27/nashville-today-result-years-strong-leadership/17736289/

 

Source:  Wood Caldwell / Tennessean    http://www.tennessean.com/story/money/2014/10/27/nashville-today-result-years-strong-leadership/17736289/

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

 

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

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