We're following Nashville-based developer Vintage South Development, eyeing a stainless steel sparkling water maker by Aarke, planning a tour of the 2017 O'More Designer Shophouse in Vocé, and revealing the Q3 stats for the Greater Nashville real estate market.
Third quarter numbers experienced a 3.5 percent increase from 2016 with 11,299 closings reported, compared to last year’s third quarter closings of 10,920.
Year-to-date closings for the Greater Nashville area are 30,792. That total is up 4.8 percentfrom the 29,372 closings reported through the third quarter of 2016.
“2017 has proven to be a remarkable and record-setting year in the real estate industry,” said Greater Nashville REALTORS® President Scott Troxel. “August continued the trend of rising sales, being up three percent over last August. In fact, this is the best month of August we have had in this region in over a decade.
There were 3,872 closings reported for the month of July, according to figures provided by Greater Nashville REALTORS®. This represents an increase of 4.5 percent over the 3,705 closings reported for July 2016.
Year-to-date closings total 23,365. That is a 5.5 percent increase compared to the 22,157 closings reported through July 2016.
We're following Birmingham-based artist and interior designer William McLure IV, eyeing a heated pool made from a converted shipping container, planning a kid-free visit to the Nashville Zoo to sip on wine while raising funds for a great cause, and reading about some of the world's most stunning cities, and more....
We're following DC-based interior designer Darryl Carter, eyeing a stunning collection of furniture from Darryl Carter for Milling Road, planning a visit to Highlands, North Carolina, to attend a Champagne dinner at the Farm at Old Edwards Inn, and revealing our latest rundown on the Nashville real estate market for May 2017 (hint: it's hot!)
"Greater Nashville made May a record-setting month by continuing year-over-year sales gains,” said Greater Nashville REALTORS President Scott Troxel. “In spite of the low supply levels, Middle Tennessee joins the majority of the country in experiencing healthy market trends."
Overall, May closings were up 6.6% year over year, and 2017 is currently tracking 7% up over 2016. Meanwhile, median prices are up nearly 8% year over year...