Tennessee RealEstateRama

The City of Knoxville's Community Development Department is developing its 2014 Annual Action Plan for use of Community Development Block Grant (CDBG), HOME Investment Partnerships Act, and Emergency Solutions Grant (ESG) funds during the fiscal year that begins July 1, 2014

On Wednesday, Nov. 13th, the City of Knoxville formally assumed control of six properties on West Jackson Avenue, including the historic McClung Warehouses. Under an agreement signed by the bankruptcy trustee for the properties, the City paid $1.45 million to settle an outstanding lawsuit and acquire the land and buildings

MEMPHIS, Tenn., - November 14, 2013 - (RealEstateRama) -- Memphis-area home sales for October were flat from a year ago, with 1,378 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales were up 5.3 percent from September. Average sales price YTD rose 10.7 percent to $143,200. Inventory was down 0.9 percent with 6,615 units listed for sale. Sales volume YTD increased 20.6 percent to $1.99 billion

MEMPHIS, Tenn., - October 8, 2013 - (RealEstateRama) -- Memphis-area home sales for September increased 1.0 percent from a year ago, with 1,309 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales were down 23.1 percent from August. Average sales price YTD rose 10.2 percent to $142,738. Inventory was up 1.2 percent with 6,678 units listed for sale. Sales volume YTD increased 21.1 percent to $1.78 billion.

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Congressman Steve Cohen (TN-09) today announced that the Memphis Housing Authority has been awarded $720,000 in grant funding to coordinate supportive services designed to help residents achieve economic and housing self-sufficiency

WASHINGTON, D.C. - September 27, 2013 - (RealEstateRama) -- A planned $165 million development on the former Baptist Hospital site along Knoxville's South Waterfront is moving forward, and the City of Knoxville and Knox County are proposing a tax-increment financing (TIF) transaction to support it. The proposed TIF would be authorized by an amendment to the existing Knoxville South Waterfront Redevelopment and Urban Renewal Plan, and would cover the property running along both sides of Blount Avenue from the Gay Street Bridge to just west of the Henley Bridge. A public hearing on the TIF proposal has been set for 4 p.m. on Thursday, Oct. 10th, at the KCDC offices at 901 N. Broadway.

Columbia, TN - September 20, 2013 - (RealEstateRama) -- Advent Community Development Corporation (ACDC) has scheduled a pair of home dedications September 26 at 10 a.m. The homes were built on land where blighted and dilapidated structures were removed.

MEMPHIS, Tenn., - September 17, 2013 - (RealEstateRama) -- At the Memphis Area Association of REALTORS® Annual Meeting and Election September 12, MAAR members elected five individuals to the 2014-2015 Board of Directors. They are

Nashville, TN - September 13, 2013 - (RealEstateRama) -- Mortgage finance reform is central to stabilization of the housing market. Two perspectives on this issue will be offered in the opening session of the Governor’s Housing Summit October 7.

Nashville, TN - September 10, 2013 - (RealEstateRama) -- Former Senior Economist at the National Association of Home Builders, Dr. Elliot Eisenberg, is a featured speaker at this year’s Governor’s Housing Summit on October 7-8 at the Music City Center in Nashville