Deals

Scary Neighbors Make Great Fences

Scary neighborsThe journalist Arthur Baer summed it up best when he said, “A good neighbor is a fellow who smiles at you over the back fence but doesn't climb over it. “

Over the years, I’ve had lots of wonderful neighbors.

Like Mrs. Woody, who used to live next door when we first moved to Nashville. She was one of the sweetest ladies that you’ll ever meet.  And she shared part of her home with others so she could stay in it for as long as possible.  

One of her favorite pastimes was to sit on the front porch.

She usually had something to do while she was sitting, however, she was never too busy to talk.  

And I took many opportunities to sit with her a while, soak up some of her wisdom and listen to her stories.

She lived in that same house for more than 50 years and I loved to hear how our neighborhood changed over that time.  

We’ve had our share of bad eggs too.  

People who will smile at you one day and then threaten you the next.  

I never let the rotten ones get to me though.

I figured the best thing to do was stand my ground, persevere and they would eventually move.

And they always did.  

This next story caught me by surprise.  It was so bizarre, at first I thought the article was satire.

This might be the pettiest thing I’ve ever heard.  

In Toronto, a couple renovated their home and took inspiration from other homes, including their neighbors.  

You would think that would be welcome.  A renovated home in the neighborhood that looks and feels like it belongs.

Yet, their neighbor a few blocks over did not feel that way.

He sued his neighbors to the tune of $2.5 million for remodeling their...

It's strange how few people are talking about this scam

Nashville real estate scamA few months ago, I told you about a new scam that is targeting the wiring of funds for real estate transactions.  

I had no idea of how prevalent it would become in our industry.  

According to statistics from the FBI, real estate wire fraud has increased 1,300% since the beginning of 2015.  

And since October 2013, more than $3.1 billion was reported in actual and attempted losses worldwide.  

Here are some of the worst examples this year

  • $411,548 Loss in Maryland, August 2017
  • $1,000,000 Loss in New York, June 2017
  • $1,570,000 Loss in Washington DC, May 2017
  • $272,000 Loss in Colorado, March 2017

In each of these cases, one of three things happened.  Either the title company, the seller or the buyer received a fake email or phone call requesting a wire to the wrong account.  

And here’s how they did it.  

First, the bad guys find a way into the email system of the buyer, seller or title company. 

The usually do this by sending you a phishing email.  A phishing email is a fake email from a believable source that has a malicious link. 

For example, if you used gmail, you might receive an “official looking” email from Google asking you to login.

You enter your login and password into the form and it goes straight to the crooks.  After the fact, you probably didn’t think twice about doing it and had no idea that you were scammed.

In the case of a seller, they are looking for your email to the title company telling them where to wire the proceeds of the sale.  

Shortly after you send the email, they...

How to find the next hot neighborhood in Nashville

Find Nashville's Next Hot NeighborhoodA few weeks ago, Realtor.com and Yelp got together to name the hottest hipster markets in the nation.

It’s not surprising that Nashville was in the top 50 markets.

And that area is…

37204 or the area surrounding the 12 South neighborhood.  

To come up with the list, Yelp looked for mentions of the word hipster in their data.  They combined that information with the strength of the market data from Realtor.com for the final rankings.  Only one zip code per metro area was included in the list.  

I was taken aback at the Hottest Hipster Market on the chart, Columbus, OH.  

It’s not the city that most people would think of as hipster.  

And that is part of the problem when trying to determine where the next hot, new area might be.  

By the time any town makes a list like this, you’ve likely missed the boat on the appreciation that comes with being one of the first to invest in an emerging market.  

Take 12 South as an example.  

If you wanted to ride the wave in that neighborhood, you are a decade too late.  

According to date from the Metro Property Assessors office, this area appreciated about 60% over the last four years.  That’s almost double the amount the entire city of Nashville appreciated in that same time frame.  

Getting in early is where the money is at.  However, it also comes with a set of risks that most of us are not willing to bear.  

Another option is to follow, who I call the “urban pioneers.”

Many times these risk takers are professionals who feel priced out of the emerging neighborhood that they want to live in.   And they decide to...

This partnership guaranteed a win for Franklin

This partnership guaranteed a win for FranklinHere’s another win for affordable housing.

This development happens to be close to downtown Franklin, one of the most expensive places to live in Middle Tennessee. 

The development is a three-story building with thirty units priced between $152,950 and $167,950.  

And this is in an area where the sales price average for condos are $250,000 and single family homes are $475,000. 

It took a private-public partnership to pull it off, but not in the way you think.

The developer of the project is Community Housing Partnership, and non-profit corporation based in Williamson County.

They bought the land four years ago and then reached out to their network of partners to make this a reality.  

Pinnacle Bank, a regional bank headquartered in Nashville, provided the entire $4 million in funding.  No public funds were used to pay for the development.  

Williamson County contributed by waiving the privilege tax.  Jimmy Franks, of Old South Properties, is the contractor.  

It’s these type of public-private wins that we need to see more of in Nashville.  

Franklin Mayor Ken Moore said, “Community Housing Partnership has caused the first ripple in the water for other projects like this one.” 

“This is the first part of the momentum in moving forward in housing in our community. We will continue to work to help bring these projects forward an into the future.”

The project just broke ground and is expected to be completed in April of 2018.

It’s not surprising to me that it’s almost sold out.  

Only two units remain at this time.  

If you (or someone you know) wants to hear more about this...

This will change the most in 2018

This will change the most in the Nashville Real Estate Market in 2018Looking at the data and our market’s history, the real estate trends are lining up right where we expect them to be in September.  

Housing demand starts to take a back seat this time of year to school activities, football, getting your business ready for the fourth quarter and the holidays.  

So, we can expect that the inventory will continue to rise, prices will slightly pull back from their summertime highs and fewer homes will close from now through February.  

The last two years was a bit of an anomaly with the inventory, and I expect this year will align more with our historical trends.  

Going forward, I expect the biggest change from the previous two years will be price increases.  

I wrote about it last week in this article:

http://www.nashvillerealestatenow.com/blog/whats-your-home-worth-one-year-from-now/

We have been averaging close to 10% annual price increases for the last few years. And I predicted that was not going to continue in 2018.  

Not that we were going to take a huge hit to the top line.

Instead, I expected that the average increase would slightly decline to average 6-8% over the next year.

When you compare August 2017 to August 2016, you’ll see there is a 12.6% difference in median price.

For September 2017, the year over year difference was only 9%.  

I expect it price appreciation will continue to decline through February 2018 and stay a little lower from the remainder of the year.  This is good and a sign of a healthy real estate market. 

The last few years have been...

A new fight at an old fort

A new fight at an old fortNashville is at a crossroads.

If we are going to continue growing in a healthy way, Nashville is going to need the right infrastructure to support it.  

One piece of the puzzle is affordable and workforce housing.  

We haven’t built enough of it over the last 10 years and the market is feeling the strain. Just ask anyone who has attempted to buy their first home in Nashville recently.  They will likely tell you stories of how they had offers rejected on several different homes.  That homes were sold before they had an opportunity to view it.  And, that they are afraid of being priced out of the market. 

Some would like to put the burden of affordable housing on developers with laws like inclusionary zoning.  This would force developers to build a certain percentage of affordable homes for every market-rate home that they built.  

The problem with this approach is that developers are not required to build any homes in Nashville.  So, we have no control over the number of affordable homes that are built.  It could potentially be zero with this approach.

Others would leave the entire burden on the government.  This is not effective either as evidenced by our current situation.  

Instead, I prefer a mixed approach where developers and our elected representatives work together to provide the best solutions to the problem for all stakeholders.  

This approach is not without critics though. 

And it’s been seen in two separate, but adjacent projects recently.  

They are the redevelopment of the Fairgrounds and Greer Stadium.  

The redevelopment of Greer Stadium recently moved one step closer to reality by Metro giving initial approval...

What did you fail at this week?

Where did you fail this week?Sara Blakey’s Dad asked her the same question every week as a child.

It wasn’t about her grades, activities or any of the typical questions someone might get from their parents.

Instead, he asked this question.

“What did you fail at this week?”

And then, after she answered, he would give her a high five.

Through this exercise, she learned that failure was something to reflect upon.  

Instead of learning to be scared of challenges, she embraced them instead.

And learned that failure was a step to the next great thing in her life.  

Through her life, this lesson served her well.  

As a young adult, she wanted to attend law school.  Yet she failed the entrance exam twice.  

Instead of wallowing in her sorrow, she turned her attention to another idea that she had, footless pantyhose.  

For the average consumer, it sounds like another bad idea.\

Right?

Yet her company, Spanx, sold $4 million in the first year and then $10 million in the second.  In 2012, Forbes named her the youngest self-made billionaire in the world.  

And it reminded me of my own thoughts on failure.  The first one you’ve probably heard me say before.

Don’t listen to the naysayers. 

I’ve had multiple breakthroughs in my life by doing things that others said, “Can’t be done.”

But the other is a little harder to grasp.  

I’ve learned that failing at something doesn’t make YOU a failure.  

It does not define you in any way.  

Failing is only a result of your efforts.  

Nothing more.  

And you are so much more that one out of a million...

What's your home worth one year from now?

Whats your home worth one year from today?Unless you know the home and understand the market, it’s difficult to place a value on your house.  And that’s why many agents shy away from giving you this information.

So if you want to have fun, ask them what the value is going to be one year from now and this is what you’ll get.

* Crickets *

Today, I’m going to give you something different.

And, it’s based on market data and the current trends of the Nashville economy and real estate Market.   

For the past two years, Nashville homes have been appreciating at a rate of approximately 10% per year and Tennessee is closer to 7%. 

Those double digit increases cannot last forever.   And that’s a good thing because it protects our downside the next time our national economy sputters.

You know the old adage, the faster they rise, the harder they fall.  

That’s just as true for the real estate market.  

The cities hurt the worst during the mortgage crisis were those that had highest increases in price just before the crash.  

While I don’t think Nashville is going to crash, we are going to have to re-adjust our expectations for prices in the coming year.  

Corelogic is one of the market leaders for housing data in the real estate market.  Like most of the growing metro areas across the nation, they consider Nashville to be over-valued due to the lack of inventory.  

Don’t let that word scare you.

Corelogic predicts that we will appreciate over the coming year, just at a slower rate.

They have the Tennessee pegged at 3.4% growth in price over the next twelve months.  About half of the current rate. 

So here’s what I think will...

If you live in Nashville, this is important

Hey Nashville, this is importantThis is important for the residents of Nashville.

It’s possible that the Metro Council could vote tonight to ban Non-Owner Occupied Short Term Rental Properties [STRPs].  

Like AirBnB, VRBO, and so on.

Bill 608 has passed the first two votes, and it only takes one more to pass.

As I reported earlier, there is an Ad Hoc Committee that has been working on solutions with the community for three months.  They have asked for two additional months to complete their work.  The chair, Jim Shulman, said they are close to a proposal to fix the problem and allow these rentals to remain.  

If this issue is important to you, I recommend that you contact your council member via email or phone and ask them to defer Bill 608.  

You can find their contact info here:
https://www.nashville.gov/Metro-Council/Metro-Council-Members.aspx

The meeting starts in less than 1 hour at 6:30pm, so call/email them now.

You can watch the council meeting here: 

http://www.nashville.gov/Information-Technology-Services/Cable-Television-Services/Metro-Nashville-Network/Live-Streaming.aspx

If you can't watch it, I'll fill you in tomorrow.

...

The High Cost of Congestion in Nashville

The high cost of traffic in NashvilleINRIX has the most extensive, connected traffic network in the world, and they use that data to help others make better decisions about their traffic woes.  

Their latest report couldn’t have come at a better time for Nashville and the transit discussion.

In their study, they looked at the 25 Most Congested Cities in the United States, identified their hot spots and then ranked them by impact.

You can check out their press release and a link to the study here:

http://inrix.com/press-releases/us-hotspots/

It’s no surprise that Nashville shows up on this list. 

We’ve been feeling it for the last decade.  And it’s gotten significantly worse the last few years.  

According to the study, Nashville is the 17th most congested city in the United States.   Yet, our population ranks 36th overall when compared to other metropolitan cities. 

With our population expected to skyrocket over the next 20 years, we need to take steps to fix our problems before they become much worse.  

According to the INRIX study, Nashville has 2,602 traffic hotspots that need to be alleviated in order to reduce congestion.  The hotspots are ranked based on the duration, length and frequency of traffic jams. 

And the number one hotspot in Nashville is the section of I-24W at Antioch Pike to Rocky Ford Rd.

When looking at the hotspots, you’ll see that Denver has several hundred fewer hotspots than Nashville and it has one million more residents.  This is in part due to the transit infrastructure that Denver has been working on for the last two decades. 

And it’s one reason why Nashville is looking to the Mile...

What does Jolly know?

Jolly knows the Nashville Real Estate MarketYou might have seen the story on the news yesterday about the Nashville market cooling off.  

Now before you believe this story applies to all of Nashville, remember this old adage…

All real estate is local.

And when I say local, I mean hyper-local.

Just like I said in my article on Monday, we have an imbalance in supply and demand at both ends of the market.

http://www.nashvillerealestatenow.com/blog/what-this-retail-disaster-can-teach-you-about-growth/

So, your experience completely depends on the price range and location.

Those homes in the higher price ranges or in areas with lots of new construction are starting to feel the effects of too much inventory.

And those shopping for homes in popular areas at entry level price points are still going to feel the crush of competition.  Though you might not be up against 10 other offers, you could still find yourself in a competitive bidding situation.  

Either way, the overall market in Nashville is weird but healthy.

The news likes to make these grand proclamations in their headlines because it brings more eyeballs (and advertising dollars).

Just learn to read past the hype, search for the truth and you will be fine.

And that’s one of the reasons why I write to you almost every weekday.

There is so much misinformation, it’s hard to know what to believe anymore.  And I want to speak the truth about the Nashville.

I might not be an expert in many things, but I know the Nashville Real Estate Market like Bo Knows Football.  

Some days I’m your pulling guard leading the way to the end zone.

Other...

How to Instantly Get Ahead of Your Competition

How to instantly get ahead in the Nashville MarketHere’s the story…

One afternoon an elderly lady was taking her daily walk around the neighborhood.  Towards the end, she noticed three small boys on the front porch of a nearby home.  

They were dressed in their school uniforms are were trying to reach the doorbell.  

“Poor boys,” the lady said to herself, “Their parents don’t know that they are locked out.”

So she marched up the steps of the home.  Reached over the boys and firmly pressed the doorbell.  

Surprised by the lady, the boys looked at each other and yelled, “Quick, RUN!”

And they jumped over the fence next door and disappeared. 

The elderly lady made a decision without all of the information available.

And this is common in real estate too.

But, it’s not your fault.

Most buyers and sellers do not have access to all the information that their agent has at their disposal.  

In fact, many agents don’t know all that they have. 

Here’s a good example of one tool that I use frequently and that most people (agents included) have never seen.  

And that is the number of recent showings that are taking place in a given neighborhood and price point.  

Without this information, you are just as blind as the elderly lady.

Having this information can help your home sell faster or give you a leg up on the buying competition.

Sure you can look in the MLS and see how many homes have sold recently.  But that doesn’t tell you the full picture and what the demand looks like today.  

Many of the sales we review in the MLS are months old.    

Nashville is not in an ordinary market...

What this retail disaster can teach you about growth

What this retail disaster can teach you about growthIt started on November 6, 1999 back in the early days of the internet.  Toys R Us has just launched their online store and offered “Free Shipping” to everyone who bought from the site before Christmas.  

This was before “free shipping” was common and shipping a package was costly.  

The company also underestimated the demand and were woefully underprepared for the onslaught of orders that they would receive over the next six weeks.

$39 million in orders came in over the next five weeks.  Many employees worked seven straight weeks without a day off to help package and ship these Christmas gifts.  Even the CEO helped pack orders.

Finally, on December 21st, Toys R Us finally admitted that a good percentage of orders would not arrive by Christmas.  

It was a PR disaster of epic proportions. 

Not only did they lose many customers for life for ruining their holiday, then ended up sending thousands of people $100 gift certificates to make amends.

Earlier this month, Toys R Us declared bankruptcy.  

Christmas of 1999 was the beginning of the end for this company.  

And I’m afraid the same thing is happening in Nashville today.  

Due to the rapid population growth we are experiencing, new construction is needed to keep pace with the demand from our newest neighbors.

The majority of new construction homes being built in Greater Nashville are priced over $400,000.  According to data from the RealTracs MLS, 55% of the active new construction listings are priced above this mark.  

While the overwhelming demand is for homes priced below $400,000.  MLS data shows us the 72% of sales over the last three months has been for homes prices below...

Mad at your neighbor's mess? Do this instead

Mad at your neighbors mess?  Do this insteadCode complaints across the city are up 60% this year as compared to 2015.  It’s no wonder that the city has had trouble keeping up.

Some of these complaints are related to the construction of new homes that are happening at a rapid pace across the city.

Others are coming from investors who have renovated neighborhood homes or are attempting to purchase properties that are in distress.  

In some communities, its neighbor against neighbor.  

One leader is taking a different approach.

Ruby Baker is on a mission to beautify her neighborhood the right way.

Ruby is the president of the Bordeaux Hills Neighborhood Association.  She and her volunteers head off problems before the violations are brought to the city 

Rather than calling codes, this group has turned neighborhood problems into community projects.  

It starts with education.  Ruby makes sure that the folks in her neighborhood know what can trigger a codes violation.

They have also partnered with other businesses and organizations to make a difference.  For example, they have utilized community grants from Waste Management company to clean up homes and make necessary repairs.  

I’ve never met Ms. Baker, but I can tell you that she is a neighbor that I would love to have.  She approaches problems the same way that I do.

Instead of dumping the problem on someone else, she has taken it into her own hands to find solutions for the people who live in her community.  

Not only will this help maintain values in the neighborhood, but it also helps many people stay in homes they otherwise might not be able to afford.  

And instead of neighbors fighting each other, we have people coming together for the benefit of...

Warning: All you bachelorettes better behave in Nashville

Warning: All you bachelorettes better behave in NashvilleFair warning to all the bachelorette parties in Nashville, there is a new sheriff in town.   

Earlier this summer, Vice Mayor Briley created an Ad Hoc Committee of the Metro Council to study the problems with these properties and make reccomendations to the the pending bill.  He also set a September 30th deadline for this committee to complete their work. 

While we haven't heard much since July, we did get one announcement from the Mayor’s office last week.

Nashville has hired a company to help resolve nuisance complaints and un-permitted rentals and they set up a consumer hotline.

The name of the company is Host Compliance and are considered to be the nation’s leading experts in this field. They currently provide similar services to more than 70 communities across the United States.

Citizens of Nashville can report by calling the hotline or filling out a form online.  The hotline is staffed 24 hours a day, severn days a week.  And Metro requests that all complaints be made to the hotline.

The number is (435) STR-HELP (787-4357).  

And the website:  https://hostcompliance.com/tips

Until now, Metro did not have an effective way to monitor compliance as reports could go to a number of departments.  And their was not an easy way to find advertisers who were operating without permits.  This service gives Metro the tools needed to hold both the operators and guests accountable for their actions.  

With the new operations, neighbor can speak to a compliance officer at any time who will listen to their concerns and attempt to correct the problems immediately.

While this new service won’t completely solve the problem, it should drastically cut down on the number of un-permitted...

The finance myth and what you should never send to me

The finance myth and what you should never send to meOne of the reasons why people say that they do NOT want to work with an agent is because they don’t want them to know the details of their finances.

I’m not sure why people believe this myth, but it’s absolutely not true.

In fact, the lender is bound by federal law to keep your financial details private and are limited as to what they can say to any party to the sale.  

In fact, all a lender can legally do is confirm that the buyer has the funds available to close and that they are approved.   

A simple yes or no answer.

No applications, credit reports or financial documents are ever shared with anyone, especially a real estate agent.   

The truth is that I don’t want to know that information because it doesn’t help me serve you better and it’s a liability.

One of the ways that I can help is to encourage you to get pre-approved as soon as possible when you are ready to buy.  

Not only will this give you some piece of mind, but it can lighten your load when you finally find your dream home.  Things move fast in this market and I’d hate to see you lose out because you did not have your ducks in a row.  

To get approved for a loan, you will need to provide a stack of documents to the lender.  This initial ask varies from lender to lender, and typically includes these items.

What the lender requires for approval

  • 2 years residence history
  • 2 years work history
  • Social Security Number and Birthdate
  • Copy of your Drivers License or Passport
  • Current pay stub and last two years W-2s
  • Last two years of personal tax returns
  • Last two years of business tax returns
  • Bank statements for the...

This is one of the strange things you'll find in Nashville

This is one of the strangest things you will find in TennesseeLocked within a vault hidden deep inside the Tennessee State Museum in downtown Nashville is this 200 year old piece of history.

The curator only brings it out once per year because it makes adults scream and children run for cover. 

It once belonged to a convicted bushwhacker who burgled and terrorized people all along the Natchez Trace and Mississippi river.   

After he died, it was removed from his grave and put on display at circuses and carnivals all over the south.  

What is this bizarre object?

It's the pickled thumb of John Murrell.  

John might have been the most famous outlaw that you never heard of.  The story of his buried treasure was immortalized in The Adventures of Tom Sawyer.  Injun Joe found John Murrell’s treasure and it was claimed by Tom and Huck at the end of the story. 

John’s most famous hustle was to pretend to be a traveling preacher.  While he was giving a sermon inside the church, his gang would steal all of the horses outside. 

This gang came to be known as the Mystic Clan, and numbered from 300 to more than 1,000 members.

In 1834, his past finally caught up to him and he was sentenced to 10 years in the Tennessee State Prison in Nashville. 

Prison life was hard on John.  He trained to be a blacksmith while incarcerated and was routinely held in solitary confinement.  

We don’t know much about the end of John’s life and what happened to him after he was released from prison.

One story goes that prison broke John mentally and he retired to the life of a blacksmith in Pikeville, TN.

Others claim that John became a reformed, church-going man and worked as a carpenter until his death in 1844.  ...

Is there a problem with new construction in Nashville

Is there a problem with new home construction in Nashville?New home construction had been nearly non-existent for five years due to the mortgage crisis and the resulting crash in home sales.

When the market started to turn and the backlog of inventory started to move, the builders got back in the game.

However, it wasn’t fast enough to make a difference.

Until now. 

When I was reviewing the numbers for the story, this one jumped right off the page.

Of the 1,979 homes that are currently for sale in Nashville [Davidson], 659 of them are new construction.

That’s a whopping 33.3%! 

And it’s way out of wack with consumer demand.

If you look at the numbers provided by the National Association of Home Builders, new home sales should be close to 10% of the total sales in any market.  

Over the last three months, June-August 2017, new home sales accounted for 24.3% of the total sales in Nashville. 

And in June-August 2016, new home sales accounted for 19.1% of all sales in the same area.  

So, why is this a problem?

Not every buyer wants (and can afford) new construction.  

And it’s affecting sales of existing homes in markets with lots of building activity [like East Nashville].  

Or areas where the price points are higher.  

The biggest need in our market is for entry-level homes, though most builders are aiming much higher.  

In these battles, market forces always win.  I just hope that there are fewer losers with the next correction.  

August’s market numbers...

How NOT to buy a foreclosure

How NOT to buy a bank-owned homeHere is the story in a nutshell.

Danny Shedd, a veteran of Iraq and Afghanistan, wanted to buy a home in Oklahoma to retire.  They found one owned by Fannie Mae that seemed like a great deal.

Until this happened.

The Shedds decided to get a survey to build a fence surrounding their home.  They wanted to be careful and not encroach on the neighbors property.

The surveyor soon discovered that the land they bought was not where they were living.  According to the deed, they bought 10 acres of floodplain that sits behind the home.  

The neighbor had given the land to his daughter and son-in-law, who lost the home in foreclosure to Fannie Mae.  

Initially, the neighbors agreed to swap the ownership of the land to correct the error that they caused.

But, that didn’t last long.  

Seeing an opportunity to benefit from the mistake, the neighbors changed their minds and are now suing the Shedds for possession and punitive damages.  [How neighborly]

And everyone else who was involved has passed the buck including the title company, the title insurer and Fannie Mae.  

Here’s a Cut/Paste link to the story as reported in the news recently:

https://www.vice.com/en_us/article/4w538q/when-you-buy-a-house-but-dont-actually-own-it

In this story, the Shedds seemingly have done everything right, but are still getting the short end of the stick.

So how do you prevent this when buying a foreclosure?

First, I recommend that you get a survey completed when buying a home, especially when you buy a foreclosure. This is the only way to know exactly what you are buying when you purchase a home.  

This is not always practical due to the backlog of surveys in a fast market like Nashville, so this next step is even more...

Your options: Growth or Death

Your choice growth or deathOver the course of the next year, you are going to hear much about transit in Nashville.  

Just last week, the Tennessean reported that Mayor Barry is proposing a referendum on dedicated transit to be voted on May 1, 2018.   

Because this is a huge issue, you are going to hear lots of opinions on both sides of the coin. And just like any other heated issue, not all of it will be correct.

So, I wanted to share with you a source document that you can review to help make your own decision.  That document is the NMotion 2016 Transit Plan that was funded by the Nashville Metro Transit Authority and the Regional Transportation Authority of Middle Tennessee.  

This is not the AMP proposal that failed under our previous mayor, Karl Dean.

This was a comprehensive study based on the input of thousands of Nashvillians, and how the  most successful cities in the nation, like Denver, handle transit.

To get a pdf copy of this report, you can copy/paste the link below into your browser.

http://nmotion2015.com/wp-content/uploads/2016/09/MTA_RecommendedPlan_9.21.pdf

In addition to more and bigger roads, they also looked at all of the different ways people move through the city and how they work together to make it work like a well oiled machine.  

The report gives us a vision of what we should be doing for the next 20+ years to reduce traffic and make it easier to move throughout the city.

None of us wants to be the next “Atlanta” of traffic.  

This is the way that I look at the future of Nashville.  There is no status quo for a city.  Either it is growing or it is declining. Without addressing transit, eventually our great city will cease growing.  And I would prefer growth over a slow death.  

What are your thoughts...