Missed Opportunity in Green Hills

We stumbled across this post on William Williams' blog recently and thought it was worth sharing. William Williams use to be one of our favorite writers for The City Paper. He now has occasional articles published there or in other local pubs such as Nashville Lifestyles, and blogs online.

The mayor announced a few months back that there would be a Hillsboro Road improvement project coming soon. Right now, most Nashvillians dread Green Hills traffic heading into and out of the general Green Hills mall area. Great retail has come to Nashville in recent years and our city now boasts a Trader Joe's, Whole Foods, West Elm, Anthropologie, among many other exciting national retailers. There have also been many condo and town home developments built past the mall. With a post office, a library, groceries, and other retail all within a two mile radius, Green Hills has urban potential. What is holding it back is its lack of sidewalks and curbs allowing pedestrian-friendly traffic.

Check out William Williams' blog post on this topic with some interesting findings regarding TDOT's planned road improvement project. Click Here

Important Mortgage Industry Updates from CityLife Lending

Effective July 31st, new RESPA (Real Estate Settlements Procedures Act) changes are coming to the mortgage industry that will change the way mortgage loans are processed. The new guidelines will require a client to receive their settlement statement four days prior to closing. This means lenders will need to have closing packages to the title company six days before a closing. That makes a 30 day closing essentially a 24 day or less closing, depnding on how quickly the client acts to begin the mortgage process. Another and more impactful change is that the settlement statement must match the initial good faith estimate, otherwise a new disclosure is required along with a new four day waiting period.

CityLife Lending will be working to redisclose a final Good Faith Estimate seven days before closing. This should ideally address any changes in title, closing or lender fees and eliminate any potential obstacles. Should you have any questions about these changes, don't hesitate to contact one of CityLife Lendings Home Mortgage Consultants.

CityLiving Bus Tour

Back by popular demand, we'll be taking one of our infamous bus tours of Nashville's urban developments on Sunday, June 28 from 1-4pm. Mark will lead this free tour with stops at 5th & Main, West End Station, Velocity in the Gulch (be one of the first to tour!), and many others. This is the most efficient way to see the hottest lofts, condos and homes in Nashville, and to hear the latest on Nashville's real estate market from the urban expert. Visit our web site to see the full itinerary. RSVP online here to reserve your seat on the bus. You can also call 615.383.6964 to RSVP for the tour.

Village Sales Up 85% in May

We are happy to report that Village Real Estate Services sold a total of 111 units in May, up 85% from April. We are consistently seeing more contracts come through our offices and our agents are busier than ever!

In May, Village received 94.8% of our original listing prices. We are dominating in 37206 (East Nashville) and 37212 (Hillsboro-West End/Belmont-Hillsboro). Village sold a total of 14 units in 37206 in May - more than any other company. Check out the details here. We also sold a total of 11 units in 37212 - again, more than any other company. A graph and specifics are here.

Resale Picks of the Week

If you would like more information about any of these featured listings, drop us a line at citylivingteam@villagerealestate.com or call us at 615.279.7299.

141 39th Ave N
3BR/2BA - 2053 sqft - $389,000
Want the old house feel without the worries? This is your chance! Only 3 years old! Huge bedrooms, great storage, open living/kitchen/dining set up with easy access to the backyard. Granite counters, stainless appliances, hardwoods...this has it all!



3180 Parthenon Ave
3BR/3.5BA - 2089 sqft - $399,900
Sophisticated town home near Centennial Park & West End Avenue with private garage plus reserved spot outside, ground level 3rd bedroom or office, hardwood floors, open living level with custom kitchen and fireplace and patio. Sellers offering 3-2-1 Rate Buy Down through CityLife Lending. Take a Virtual Tour.



1600 Fatherland Ave
4BR/2BA - 2724 sqft - $374,900
Renovated Victorian in the heart of Lockeland Springs in East Nashville. Soaring Ceilings, four fireplaces, gutted to the studs by previous owner (new wiring, plumbing, 2 HVAC systems) Private Fenced Backyard, Fountain with Koi Pond. Take a Virtual Tour.

2506 Essex Place
4BR/2BA - 2037 sqft - $379,000
Hillsboro Village living in a charming historic home with arched doorways, french doors, and beautiful hardwoods. This home also has a large level fenced in back yard.

900 20th Ave S #1201
2BR/2BA - 1829 sqft - $699,900
Live in Midtown at the Adelicia! Rare corner unit has GE Profile stainless steel appliances, wood floors, ceiling fans, a storage unit, California Closet, designer paint, custom drapes, and stunning 12th floor city views! Take a Virtual Tour.




4220 Jamesborough Place
4BR/2.5BA - 2500 sqft - $399,000
Live in Green Hills at this beautiful renovated home!



The Kress #300
1BR/1.5BA - 1010 sqft - $229,900
Stunning one-of-a-kind home in Downtown Nashville. This secluded stand alone retreat includes an expansive outdoor patio and anchors a private urban courtyard.


If you would like more information about any of these featured listings, drop us a line at citylivingteam@villagerealestate.com or call us at 615.279.7299.