The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 1st, 2015

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CREATING THE DREAM OF HOME OWNERSHIP

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Macon Neighborhood Oakland, Tennessee 

Macon Oakland

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Macon median real estate price is $260,194, which is more expensive than 91.1 percent of the neighborhoods in Tennessee and 68.5 percent of the neighborhoods in the U.S.

The average rental price in Macon is currently $637 and rents here are currently lower in price than 44.1 percent of Tennessee neighborhoods.

In Macon, the current vacancy rate is 3.1 percent, which is a lower rate of vacancies than 86.9 percent of all neighborhoods in the U.S and the housing supply in Macon is very tight compared to the demand.

Macon is a rural neighborhood located in Oakland, Tennessee and primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Macon neighborhood are established, but not old, having been built between 1970 and 1999 with a number of residences built between 2000 to present day.

The way a neighborhood looks and feels when you drive around it, from its setting, its buildings, and its flavor, can make all the difference and this neighborhood has some really cool things about the way it looks and feels.

The Macon neighborhood has more Scottish and Welsh ancestry people living in it than nearly any neighborhood in America. In fact, 5.3 percent of this neighborhood’s residents have Scottish ancestry and 1.7 percent have Welsh ancestry.

The neighborhood has a higher concentration of married couples living here than 97.8 percent of all U.S. neighborhoods. Whether they have school-aged children or not, married couples rule in the Macon neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests.

If you’re nearing retirement age, or in retirement, the Macon neighborhood is an excellent choice for you to consider for top-quality retirement living. The Macon neighborhood comes in at the top 10 percent of neighborhoods in Tennessee for retirees at 6.2 percent, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it’s because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons this neighborhood is a top-notch place to consider if you are thinking of or planning to retire in Tennessee.

In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and families with school-aged children. Furthermore, while other neighborhoods feel like a collection of strangers who just happen to live near each other, more Macon neighborhood residents live here today that also were living here five years ago than is found in 97.3 percent of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don’t move often and have lived here in this very neighborhood for quite a while.

Owner-occupied real estate dominates the Macon neighborhood. In fact, the percentage of residential real estate occupied by its owner is higher here than in 96.7 percent of neighborhoods in America.

Your future neighbors in the Macon neighborhood of Oakland enjoy upper-middle class incomes and this neighborhood has a higher income than 71.9 percent of the neighborhoods in America

In the Macon neighborhood, 36.7 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.8 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 22.8 percent and 15.8 percent in manufacturing and laborer occupations.

Culture is shared/learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestry often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Macon neighborhood of Oakland, TN, residents most commonly identify their ethnicity or ancestry as German at 9.9 percent. There are also a number of people of Irish ancestry at 9.8 percent and residents who report Scottish roots at 5.3 percent. Some of the residents are also of English ancestry at 5.1 percent, along with some Scots-Irish ancestry residents at 3.5 percent, among others.

The most common language spoken in the Macon neighborhood is English, spoken by 93.2 percent of households, while some households speak Spanish at 3.2 percent.

Livingston Homes for Sale

TENNESSEE HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

have the option to “Create A Printable PDF of the Presentation”.

START YOUR PATH TO HOME OWNERSHIP TODAY

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