The Home Buyer's Korner

Information presented should be used for educational purposes only.

January 16th, 2016

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FOREST HILLS, TENNESSEE AREA

Home Buyer’s Korner

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Forest Hills City Center Neighborhood

Forest Hills, Tennessee

Chickering Lane Forest Hills, TN

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Forest Hills City Center is a suburban neighborhood located south of Belle Meade, and east of Hwy 431 in Davidson County, Tennessee. The median real estate price in the City Center of Forest Hills is $928,456, which is more expensive than 99.9 percent of the neighborhoods in Tennessee and 98.1 percent of the neighborhoods in the U.S.

Real estate in the City Center of Forest Hills, Tennessee is primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes and townhomes. One way that the Forest Hills City Center neighborhood really stands out, is that it has more large four, five, or additional bedroom homes and real estate than 98.6 percent of the neighborhoods in America. When you walk or drive around this neighborhood, you’ll instantly notice the size of the homes here which definitely makes a strong visual statement.

Most of the residential real estate is owner occupied. In fact owner occupied real estate is higher here than in 95.8 percent of neighborhoods in America. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

Vacancy rates are 9.9 percent in Forest Hills City Center, and lower than 47.0 percent of the neighborhoods in the nation, near the middle range of vacancies.

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

A majority of the residents in the Forest Hills City Center neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you’re an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle “best choice” neighborhood in Tennessee and better for executive lifestyles than 99.7 percent of the neighborhoods in Tennessee. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates, active retirees and families with school-aged children.

If you come to know the people here, you will recognize that you’re in the company of one of the wealthiest communities in the nation. In fact, a mere 0.3 percent of America’s neighborhoods are wealthier than the Forest Hills City Center neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren’t up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. A full 75.8 percent of the adults living in the Forest Hills City Center neighborhood have earned at least a bachelor’s degree. This is a higher rate than found in 98.1 percent of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Astoundingly, this single neighborhood has a higher concentration of married couples living here than 97.7 percent of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Forest Hills City Center neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. 

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. The Forest Hills City Center neighborhood has a highly unusual car ownership. Residents of this neighborhood must really love automobiles as 42.2 percent of the households here have four, five, or more cars. That is more cars per household than in 97.5 percent of the neighborhoods in the nation.

Your future neighbors in the City Center neighborhood in Forest Hills are wealthy, making it among the 15 percent highest income neighborhoods in America, and this neighborhood has a higher income than 99.7% of the neighborhoods in America.

In the Forest Hills City Center neighborhood, 70.6 percent of the working population is employed in executive, management, and professional occupations, which is a higher proportion of such high-level people than is found in 98.3 percent of the neighborhoods in America. For this reason, this neighborhood really stands out as unique. 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 17.0 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 8.7 percent, and 3.6 percent in manufacturing and laborer occupations.

Culture is the shared learning behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicity or ancestries will express those cultures.

In the City Center neighborhood in Forest Hills, TN, residents most commonly identify their ethnicity or ancestry as English at 18.5 percent. There are also a number of people of German ancestry at 13.4 percent, and residents who report Scots-Irish roots at 7.3 percent. Some of the residents are also of Irish ancestry at 6.5 percent, along with some Scottish ancestry residents at 5.4 percent, among others.

The most common language spoken in the Forest Hills City Center neighborhood is English, spoken by 96.9 percent of households.

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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 a 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.

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