MarketGraphics Research Group Announces the Greater Nashville Area Top 10 Builders for 2014
Article by MarketGraphics Research Group | March 25, 2015
MarketGraphics Research Group of Franklin, Tennessee released the Greater Nashville Area Top 10 Builders for 2014. Along with the Top 10 Builders announcement you can view the full report for 2014 (permits pulled) here… CLICK LINK for report
The Greater Nashville Area Top 10 Builders of 2014
- Ole South Properties (619)
- Goodall Homes (343)
- Regent Homes (276)
- NVR, Inc / Fox Ridge / Ryan Homes (271)
- Centex Homes / Del Webb / Pulte Group, Inc (251)
- Beazer Homes (208)
- The Jones Company of Tennessee LLC (192)
- Phillips Builders, a Meritage Homes Company (168)
- Parkside Builders LLC / Cute Cottage Company LLC (126)
- Celebration Homes (124)
Source: MarketGraphics Research Group (032515)
For additional reports & in-depth market analysis, please contact:
Paula Charles, MarketGraphics Research Group, Inc.
615-371-2282 | firstname.lastname@example.org | http://www.mgresearch.net
The New Night-Light
Article by John Swygert, Home Inspectors of Middle Tennessee
eblast March 2015, Home Tip of the Month
The SnapRays Guidelight is an energy-efficient night-light and serves double-duty as a night-light replacement as well as a standard electrical outlet cover plate. The Guidelight is equipped with LEDs (light emitting diodes) to provide illumination in the dark, without taking up either outlet space. The diodes illuminate the area directly under the outlet. A light sensor automatically turns the LEDs on and off according to the available light in the area.
The SnapRays work, according to the company’s website, by snapping into place directly over a standard electrical outlet and attaching the plate cover to the outlet with a screw. Two projecting tabs on the back of the SnapRays contact the electrical terminals on the outlet and draw power from it to light the LEDs, so there’s no need for any wiring or batteries, and it leaves both outlets free for other uses.
The SnapRays Guidelight looks like any other wall outlet and comes in several different colors and styles. The company is currently taking orders via their website, snappower.com, but the product may soon appear at retail stores across the country.
A few of the advantages of the product include the use of hidden LED technology instead of conventional night-lights – making the product safer for children and adults (there is nothing projecting into the room to be played with, knocked out or removed). Because it only draws five milliamps of power and turns on only when light levels are low, the Guidelights cost only pennies a year to operate and should last for 25+ years before the LEDs begin to dim.
To install a Guidelight, the power must first be turned off to the electrical outlet. The existing cover-plate needs to be removed and the SnapRays Guidelight needs to be snapped on and screwed in. The power to the electrical outlet can be turned back on and the night-lights will illuminate the area.
The Guidelight is not compatible with GFCI outlets. At this time, the SnapRays Guidelight is not compatible with light switches, but that design may be introduced in the future.
HOME SALES CONTINUE UPWARD TREND IN FEBRUARY
Press Release by Greater Nashville Association of REALTORS® | March 9, 2015
NASHVILLE, Tenn. (March 9, 2015) – There were 2,091 home closings reported for the month of February, according to figures provided by the Greater Nashville Association of REALTORS®.
This represents an increase of 12.6 percent from the 1,857 closings reported in February 2014. Year-to-date closings through February 2015 are 4,067, a 12.7 percent increase from the 3,636 closings reported through February 2014.
“The home sales data for February shows just how strong the Middle Tennessee market has become,” said GNAR President Cindy Stone. “While we have seen many months of positive increases, with the extreme winter weather our area faced last month, we were uncertain of the effect it might have on property sales.
“Remarkably, the market was essentially not phased. As January did before it, this February saw it’s best monthly sales numbers since 2007.”
There were 2,458 sales pending at the end of the month, compared with 2,221 pending sales at this time last year. The average number of days on the market for a single-family home was 76 days.
The median residential price for a single-family home during February was $206,000, and for a condominium it was $163,125. This compares with median residential and condominium prices of $189,000 and $165,000, respectively, at this time last year.
Inventory at the end of February was 12,445, down from 14,129 in February 2014.
“Inventory remains the main challenge in the market, though we will see it uptick as spring nears. The hardest hit market, in regard to inventory, is the first-time buyer range. The inventory supply there is very low. For example, the absorption rate for single-family homes below the January median price of $215,000 just in Davidson County is 2.2 months. Using the same criteria, the absorption rate above the median was 4.8 months. By the time you get to the $600,000 and above range, inventory is plenty at an 8.9 month supply.”
The Greater Nashville Association of REALTORS® is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville-area property owners. REALTOR® is a registered trademark that may be used only by real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict code of ethics.
Source: GNAR Press Release 030915