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Fri, Dec 19, 2014

MINUTE: Good time to buy single-family homes

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A new report shows a strong comeback by the real estate market, especially in single-family rental homes.

CoreLogic, a leading provider of information, analytics and business services, recently released its April MarketPulse report. The monthly economic publication provides insight into the current and future health of the U.S. economic climate with particular focus on housing and mortgage metrics.

According to a press release, the report indicates "now is a good time to buy," with housing affordability at its highest level ever (as of February 2012), and shows many of the key housing metrics are holding steady through the typically slow winter season.

The single-family rental market is strong and vibrant with high and stable rents, low months' supply and a healthy pace of signed rental leases. The report reveals what markets offer the best return for single-family rental investors.

"The potential size of the rental market for REOs this year (and annually over the next few years) is more than $100 billion dollars," senior economist Sam Khater stated in the report.

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Kroger officials and local residents celebrated the grand re-opening of its Memorial Boulevard location in north Murfreesboro store this week.

The 58,000-square-foot supermarket underwent a significant remodel over the last several months, including a Nature’s Market Nutrition Center that includes frozen nutrition items; an expanded organic produce selection; updated deli/bakery area; fresh sushi shop, a service meat and fresh seafood shop; floral shop; and an all new décor package.

“Our staff is excited about the re-grand opening,” store manager Rick Parker said. “The customers have been very patient during this remodel process, and I hope they will be pleased with what we now have to offer them.”

The pharmacy area at the store was also remodeled and it continues to offer the convenience of drive-thru service. Additionally, The Little Clinic has a location inside this Murfreesboro Kroger store with the mission of “providing high quality, convenient, affordable healthcare services to the community.”  

“Providers at The Little Clinic can diagnose and treat minor illnesses with care provided by board certified nurse practitioners and/or physician assistants,” a press release states. The Little Clinic accepts insurance and self-pay patients and no appointment is necessary. Patients living on the opposite side of Murfreesboro may visit Kroger on Old Fort Parkway, which also houses The Little Clinic.

Each of the six Murfreesboro Kroger locations now offers fuel centers as an additional convenience to customers.

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Just in time for graduation, O’Charley’s is kicking off its Greatest Grad Contest, honoring deserving graduates with special celebrations at their local restaurants.

“We are excited to reward those individuals who have worked hard to accomplish their goals of continuing their growth and development through education,” said Marc Buehler, president of O’Charley’s. “We want to be able to recognize the commitment and drive of these individuals who have accomplished so much to not only better themselves but their families and communities in the process. O’Charley’s is committed to supporting education at all levels and wants to celebrate those individuals during this important milestone.”

Between now and May 18, O’Charley’s fans can nominate anyone who will graduate this year from any educational program at any level. Entries must include a brief essay describing why the graduate deserves a complimentary celebration and should be submitted through O’Charley’s Facebook page or website.

At the end of the contest period 12 winners will be selected, and O’Charley’s will host special celebrations throughout the month of June at select restaurants honoring the graduates who have been selected. Following the internal judging process, the public will select one grand prize winner from the 12 finalists to receive a new Apple iPad.

“Every year around this time, O’Charley’s joins in on many celebrations and we see the proud families and friends of recent graduates,” said Buehler. “We recognize the honor and accomplishment associated with graduation, and this year we are making an extra effort to join in the celebration.”

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Business, Food, Kroger, Murfreesboro, OCharleys, Real Estate, Rutherford County
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