As always, there's a lot going on in the Nashville real estate realm. Here are just a handful of related headlines:
The gardens and greenhouse at Ronnie Dunn's new house
Hot off the heels of our reporting about Faith Hill and Tim McGraw putting their $20 million Franklin farm on the market, we hear (from the best celebrity real estate blog ever, The Real Estalker)
that fellow country music singer Ronnie Dunn has snapped up a $2
million mansion and the six and a half acres it sits on. The house is
described as a "noble Neoclassical villa, an elegant red brick central
pavilion symmetrically flanked by smaller, identical wings ... [It] sits
500 feet off the road down a picturesque tree-lined driveway and was
designed, as per listing details, by noted Palm Beach architect John L.
Volk." I am sort of loving all the ornate architectural details on this
abode. What do you guys think?
For all the talk about low home inventory in Nashville, the price of Nashville homes has risen only modestly in the past year (up 7.5 percent since this time last year).
Meanwhile mortgage rates are rising.
Rates had hit all-time lows in the months leading up to the recent
increase. WTVF reports, "Now a 30-year mortgage will cost you between
4.50% and 4.75%, up from 3.40% in April."
I loved this piece in The Tennessean that featured a couple from Rochester, NY, who chose to move to Nashville to enjoy their retirement years.
by TJ AndersonWhen the news came through in April that East Nashville
"T.J. was both personable and professional throughout the process of buying our house in East Nashville. He has a great knowledge of the area and the real estate business and was always honest with us at each step of the way. He was truly invested in finding the house that was right for us and advocating for us throughout the negotiations. It was a great experience to work with T.J., I recommend him to everybody and I plan to call him again if/when we buy our next house in Nashville!