Walking in Nashville

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Walking in Nashville

Only about half of the city’s roads currently have sidewalks, and no one knows where to find the money to cover the rest of them.

 Rachel Martin –  11:38 AM ET
In 2015, 18 pedestrians died in Nashville. In 2016, mayor Megan Barry $60 million for sidewalk and road construction, the largest one-time investment for sidewalk construction in Nashville’s history. (Josh Anderson/AP)

Only about half of Nashville’s roads currently have sidewalks, and no one knows where to find the money to cover the rest of them. The sidewalk situation even became a point of contention in last year’s mayoral campaign. “We’re just chipping away at a huge deficit and huge need,” says Mary Beth Ikard, Nashville’s Transportation & Sustainability Manager.

Sidewalks make pedestrians safer, which is especially important for commuters who rely on mass transit. In 2015, 18* pedestrians died in Nashville. According to a 2009 study, people living in neighborhoods with sidewalks walk anywhere from 35 to 49 more minutes every week than people without sidewalks do.

Build Your Own Sidewalk

Nashville’s fight for more sidewalks started in the mid-19th century. At the time, most residents worked, shopped, and worshipped in the neighborhoods where they lived. While they always expected to get where they needed to be by foot, the city still refused to pay for sidewalks. Instead, the city council made property owners responsible for constructing and maintaining their own walkways. Each month, the Committee of Sidewalk Law Enforcement would send out inspectors who would then make their way around town, listing owners in violation. If the property owner failed to build or repair the sidewalks within 30 days of notification, the committee would contract out the work and put a lien against the property.

Before the Second World War, this system of infrastructure construction was common across the United States, despite wide resentment. In 1917, the town of Minden, Louisiana, sued residents who failed to build their required sidewalks. The residents filed a countersuit, but they lost their case. Meanwhile, Nashville’s committee continued their work. Then, in 1931, they handed the task off to the newly formed Nashville City Planning Commission.

Of course, not all neighborhoods received equal attention. African-American communities in particular lacked both the paved roads and the enforcement needed to make this system work well for them. Some parts of Trimble Bottom, Nashville’s oldest black neighborhood, did not have sidewalks until the 1970s. And then there were the conflicts over who had the right to use the walkways. During the Civil War, former slaves who moved to Nashville often found themselves jostled off the sidewalk by white residents, historian Bobby Lovett reported in The African-American History of Nashville, TN. He added: “courageous blacks returned the insult.”

In 1943, Nashville officials rewrote the city’s charter, omitting any mention of sidewalks or gutters. Panicked, the director of public works wrote to the city attorney, asking whether he could still charge negligent property owners for contracting out sidewalk construction. The answer was an unequivocal ‘no.’ The city amended the charter a few years later, adding in the section they forgot. Inspectors then sent out a flurry of notices, forcing residents to bring their sidewalks back up to snuff.

But these regulations only affected the areas inside city limits. The surrounding communities were exempt from the sidewalk laws. One of the first suburbs built on Nashville’s borders was Cherokee Park. Designed for the automobile, its developers set neo-traditional single family homes on large lots fronted by curving, sweeping streets and no sidewalks.

Read more at http://www.citylab.com/commute/2017/01/walking-in-nashville/512114/?utm_source=nl__link2_010617

_____________________________________

Pat Skow – Realtor
Tennessee Real Estate License # 252441
Zeitlin & Co., Realtors
Pat@PatSkow.com
Office – 615-383-0183 – Cell – 615-969-6188

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Where Home-Building Is Booming, and Why

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Home-building is floundering against soaring demand, with inventory now at its lowest in two decades. Are any markets keeping up?

New construction is taking off in at least three, where each are expected to gain more than 40,000 new homes this year, according to a recent study by Trulia. Activity is exploding in Dallas and Houston, Texas, and New York, N.Y., the study found, with Dallas adding 48,772 homes to its stock, Houston growing by 47,946, and New York expanding by 40,006.

Researchers analyzed building permit data from the U.S. Census Bureau from 1980 to 2016, and the first half of 2017—which offer a basis to estimate ground-breaking—to project how many new homes will be built across the largest 100 metropolitan areas this year, and which metro areas are constructing more than their historical average. The markets set to have the most permits after Dallas, Houston and New York? Austin, Texas (29,872) and Phoenix, Ariz. (29,280). Austin, markedly, is also outdoing its norm, with 107.7 percent more permits, followed by Charleston, S.C. (72.8 percent more) and Nashville, Tenn. (65.8 percent more).

How are Dallas, Houston and New York coming out ahead when the rest of the country is playing catch-up? Sheer size, for one, but also growth in employment, income and home prices, the study reveals. Home-building is connected to jobs for the simple fact that more jobs provide more residents income, which stokes demand for homes in the market. In fact, in the 100 metro areas assessed, every one percentage point climb in jobs (per data from 2010 to 2016) parallels an average 5 percent rise in permits.

The link between building and income is comparable: a one percentage point increase in the median household income (also using data from 2010 to 2016) leads to a 2.1 percent upswing in permits, on average, the study shows. More pay, the researchers say, ups the ability to purchase a costlier home—and new homes, without question, tend to be higher-priced.

The relationship between building and home prices is also a factor: a one percentage point step-up in home prices results in an average 1.2 percent tick up in permits—but with a significant distinction. Price growth upwards of 24 percent moves the needle in the opposite direction, possibly because at that point, builders begin shouldering higher land costs and incomes start to lag behind prices, researchers speculate.

View the complete study, including the full list of markets with high home-building projections.

For more information, please visit www.trulia.com.

Suzanne De Vita is RISMedia’s online news editor. Email her your real estate news ideas atsdevita@rismedia.com.

For the latest real estate news and trends, bookmark RISMedia.com.

Freddie and Fannie’s appraisal-free mortgages to slash closing times

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Mortgage guarantor’s use of AVMs will be boon to buyers, gut-punch to appraisers

Hank Miller When real estate broker Hank Miller explains the mortgage process to buyers, he gives it to them straight. “It’s going to be the biggest pain in the ass that you’ve been through,” he says. Freddie Mac and Fannie Mae, government-owned entities that buy a large share of U.S. mortgages from lenders, are taking a big step toward alleviating this pain by eliminating the need for lenders to use a traditional appraisal when underwriting certain purchase mortgages. This could slash closing timelines, but not without potentially putting many appraisers out of work and midwifing some ill-advised loans, some observers say, “If you remove this big hurdle, you’re going to streamline everything, and it probably would make it less cumbersome and sales less intimidating for a buyer,” said Miller, who is a broker at Atlanta, Georgia-based Harry Norman Realtors, as well as a licensed appraiser. But, he adds, “we’ve eliminated another hurdle for people who probably shouldn… Read More at Inman

8220 Tapoco Ln., Brentwood,TN – SOLD

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SOLD – 8220 Tapoco Ln., Brentwood,TN 37027

mr1703083-1001

FABULOUS OPEN FLOOR PLAN, ONE LEVEL LIVING WITH BONUS ROOM & 1/2 BA UP. HARDWOODS, GRANITE, ALL APPLIANCES, TV IN MASTER & WASHER & DRYER TO REMAIN. STORAGE IN GARAGE AND ATTIC, MINS TO SHOPPING & DINING. SELLERS REQUEST A MAY 4TH OR LATER CLOSE.

Price: $ 285,900.00
Style of Home: Traditional
Subdivision: Indian Creek
Property Type: Single Family
County: Davidson
Area: Brentwood TN
Year Built: 2012
Construction: All Brick
Lot Size: 57 X 110
Acres: 0.150
Fence: Back
Deck/ Patio/ Bal.: Deck
Garage: 2
Pool Access: None
Basement: None
Total Square Feet: 2100
Bedrooms: 3
Baths: 2
Baths Half: 1
Fireplace # Type: 1
Elementary School: Henry Maxwell Elementary School
Middle School: Thurgood Marshall Middle School
High School: Cane Ridge High School

 

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Pat Skow – Realtor
Tennessee Real Estate License # 252441
Zeitlin & Co., Realtors
Pat@PatSkow.com
Office – 615-383-0183 – Cell – 615-969-6188

The Best Remodeling Moves For 2017

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The Best Remodeling Moves For 2017

Updated: Dec 05, 2016 2:45 PM Central | Originally published: Dec 03, 2016

Remodeling spending is surging: It’s expected to jump by 8.3% in the second quarter of 2017, up from 5.7% growth in the same period in 2016, according to an October survey from the Joint Center for Housing Studies at Harvard University. That’s partly because of buyers purchasing houses that need a little work, but also because of a projected increase in discretionary income, says Abbe Will, an economist at Harvard.

outrealestatePlan ahead.

When remodeling surges, contractors get harder to find. Even if you’re just mulling over a project, start talking to pros in your area early to understand prospective costs and timelines. Will also recommends planning projects for the winter months—December, January, and February—when demand ebbs slightly. That means you should make a move ASAP.

Pick your projects.

Prioritize work that gives the best payoff, Will suggests. A minor kitchen remodel, for instance, would earn back an estimated 83% of what you spend at resale, according to a Remodeling magazine analysis, compared with just 65% for a major reno. To get the most bang for your buck, Will says, seek projects that boost curb appeal. Garage and entry door replacements, for example, were near the top of Remodeling’s list.

The 10 hottest housing markets for 2017

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