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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Hillsboro Pike/Tyne Blvd Neighborhood

Forest Hills, Tennessee

Beddington Park Forest Hills Tn

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Hillsboro Pike/Tyne Blvd real estate is a suburban neighborhood located in Forest Hills, Tennessee. The median real estate price in the Hillsboro Pike/Tyne Blvd is $730,763, which is more expensive than 99.7 percent of the neighborhoods in Tennessee and 96.0 percent of the neighborhoods in the U.S.

The average rental price in Hillsboro Pike/Tyne Blvd is currently $2,546, and the average rental cost in this neighborhood is higher than 99.9 percent of the neighborhoods in Tennessee.

Some neighborhoods are made up of apartments. Some consist of row houses, and most, by far, consist of a mixture of housing types. But the Hillsboro Pike/Tyne Blvd neighborhood stands out due to the total dominance of detached, single-family homes. Hillsboro Pike/Tyne Blvd real estate is primarily made up of large four, five or more bedroom to medium sized three or four bedroom single-family homes, and these sizes of homes are more common than 99.0 percent of the neighborhoods in America. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 96.7 percent of all American neighborhoods. 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, and this neighborhood has a higher rate of owner-occupied housing than is found in 99.7 percent of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options.

Many of the residences in the Hillsboro Pike/Tyne Blvd neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

Real estate vacancies in Hillsboro Pike/Tyne Blvd are 4.7 percent, which is lower than one will find in 78.3 percent of American neighborhoods. Demand for real estate in Hillsboro Pike/Tyne Blvd is above average for the U.S., and signals demand for either price increases or new construction of residential homes.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways.

Wealth makes most things in life easier, and a few things harder. If you are well-to-do and enjoy keeping up with the Jones’, this neighborhood will interest you. The Hillsboro Pike/Tyne Blvd neighborhood is wealthier than 99.1 percent of the neighborhoods in the United States. Residents here are truly a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.

A majority of the adult residents in the Hillsboro Pike/Tyne Blvd 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 rated it as better for executive lifestyles than 99.8 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 active retirees, urban sophisticates and families with school-aged children.

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 76.5 percent of the adults living in the Hillsboro Pike/Tyne Blvd neighborhood have earned at least a bachelor’s degree. This is a higher rate than found in 98.3 percent of U.S. neighborhoods. 

This single neighborhood has a higher concentration of married couples living here than 97.9 percent of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Hillsboro Pike/Tyne Blvd neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests.

Your future neighbors in the Hillsboro Pike/Tyne Blvd neighborhood in Forest Hills are well-to-do, making it among the 15 percent highest income neighborhoods in America, and this neighborhood has a higher income than 99.1 percent of the neighborhoods in America.

The Hillsboro Pike/Tyne Blvd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.0 percent of the neighborhoods in America. In fact, 73.6 percent of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about. 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 14.4 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 8.1 percent, and 4.0 percent in manufacturing and laborer occupations.

Each neighborhood  has its own culture derived primarily from the ancestries, and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly, on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Hillsboro Pike/Tyne Blvd neighborhood of Forest Hills, Tennessee, residents most commonly identify their ethnicity or ancestry as English at 18.1 percent. There are also a number of people of German ancestry at 9.3 percent, and residents who report Irish roots at 6.6 percent. Some of the residents are also of Scots-Irish ancestry at 6.1 percent, along with some Dutch ancestry residents at 2.9 percent, among others.

The most common language spoken in the Hillsboro Pike/Tyne Blvd neighborhood is English, spoken by 94.8 percent of households, while 1.0 percent of its residents primarily speak Persian at home.

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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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Ct Spring House Way Delamere Creek Ln Delamere Crk Medalist Ct Winston Dr Heather Pl Lakeview Ct Carl Seyfert Memorial Dr VALHALLA LN Mallory Ln Partridge Ct Rosewood Dr Brenthaven Dr Chatfield Ct Robby Ct Brentmeade Blvd WEYMOUTH RD Sevev Springs Way Heather Spg Red Feather Ln Clear Spring Ct STRATTON CT Woodfield Ct Brenton Park Ct Allibar Pl Arlington Heights Dr BRITTAIN CT Wendover Gln Brentvale Ln Brentview Ct Heather Way Crimson Clover Ct Maupin Rd Crimson Clover Dr Stratton Pl Chatham Ct Turning Leaf Pl Ben Nevis Ct Chuzzlewit Down Moran Rd Ander Dr Brentwood Chase Dr Far Fara Way Valle Verde Dr Seven Springs Ct Yale Ct Cumberwell Close Saint Regis Ct Quiet Ln Seven Springs Way Robert E Lee Ln High Lea Rd HILLVIEW DR Bloomfield Way Shawnee Ct Elderton Ct Villa View Ct Clearfield Dr Rosewood Valley Ct Rosewood Valley Dr Chadwick Dr Southerland Pl Innis Brook Ln Turquoise Ln Ward Cir Chadwick Ln INNISBROOK LN Lookout Ridge Ct Glen Ridge Dr Fabert Cir Brentwood Ln Chevoit Dr Brentwood Meadows Cir Brentwood Pkwy Heatherwood Dr Valley Brook Dr Brentwood Pt Anders Dr Clearview Cir Hillview Dr Fox Ridge Dr Turtle Creek Dr Hillwood Dr HIGH OAKS CT Heathfield Cir Shawnee Trl Brentwood Trce Wentworth Pl Holt Lea Ct Heathrow Blvd Clearview Dr Charity Dr Heathrow Hills Dr Keeneland Dr Clearview Cir Scarlet Oak Ct Palisades Ct Heathstone Mnr Pinetree Ln Rossi Rd Wheatley Forest Dr Seward Ct Eldwick Dr Otter Creek Ct Valley Ct Ravello Way Seward Rd Shays Ln Scarlet Ridge Ct Scarlet Ridge Dr Chaucers Ct Wickshire Way Dorset Dr Autumn Crossing Way Georgeboro Ct Wardley Park Dr Wardley Park Ln COACHMANS CT Lenox Rd Fox Run Dr Manassas Cir Oakes Dr Manassas Ct Hamer Ct Manassas Dr Pin Oak Cir Valley Dr Micawber Ct Wescates Ct Oakfield Grv Southern Woods Dr OAKFIELD WAY Williams Grove Dr Maxwell Ln Continental Pl Smithson Ln Armstrong Pl Almadale Cir Almadale Ct GRANNY WHITE PARK Granny White Pike Forest Garden Dr Winding Stream Way EDENBROOK CT Clearwater Dr Ottershaw Cut Key CT Crockett Hills Blvd Key Dr Curlybark Pl Oakhall Dr Crockett Rd Georgetown Pl FRIERSON ST Crockett Springs Trl Oakhampton Pl Pratt Ct Beech Creek Rd N Beech Creek Rd S Maxwell Xing Cambridge Ct Pin Oak Ln Wyckfield Pl McLean Ct Kipling Dr Flint Ct Trebor Ct Ottoe Ct Wesley Ct Tinney Pl Hyde Ln Southgate Ct Nevil Pointe Cimmaron Dr Nevil Pt Sinclair Cir Danforth Park Close Herschel Spears Cir Winchester Rd Beech Grove Rd Red Oak Dr Donaway Ct Fielding Crst Rossi Rd Calloway Dr Beech Hill Rd Lake Ct Old Orchard Rd Moonlight Trl Good Springs Rd Pleasant Water Ln Onyx Ln Kirby Pl Haverhill Dr Versailles Ct Marcasite Dr Red Oak Ln Warner Ct Courtyard Dr WAKEFIELD DR Mandan Dr Whittham Foxboro Ct MAGNOLIA RIDGE WAY Elgin Way Thorndale Dr Magnolia Ridge Way Seven Springs Way Foxboro Dr Lymington Ct Calumet Ct Alamo Rd Warner Rd Arnold Rd Ohara Dr Chickasaw Ct Valley Oak Dr Opal Ct Chickasaw Dr Hedgewood Dr Foxborough Sq E FOXBOROUGH SQ N Foxborough Sq W Jefferson Davis Dr Apple Mill Ct Spring Valley Dr Lodestone Dr Stone Box Ct Stone Box Ln Bakers Bridge Ave Whittingham Dr Yellow Finch Ct Carmel Ln Thornhill Cres Northfield Ln Surrey Ct Husker Ct Sunbeam Ct Vineland Ct Greenleaf Ct Rolling Creek Dr Exton Ln Vineland Dr Waller Road Scenic View Ct Brentwood Pt Sunberry Ct Rolling Fork Dr Surrey Dr Northfork Dr Barnstaple Ln JACKSON LN Forest Lawn Dr Williamsburg Cir Beech Tree Ln Garrett Park Pl Chelsey Ct Williamsburg Ct Calverton Ln Johnson Chapel Rd W Maycroft Knl Murray Ln Seven Springs Way Sioux Dr Shadow Creek Dr Titans Ln Reston Ct Seaboard Ln Barrington Place Dr Calistoga Way Dye Ct Waxwood Ct Waxwood Dr Brownstone Dr Williamsburg Rd Overall Dr Natchez Dr Glenellen Way Harness Pl Dyer Ln Eagle Run Dr Crooked Stick Ln Williamson Ct Jupiter Forest Dr Beech Grove Road Atherton Ct Overbrook Point Ct Atherton Dr Rosslare Cir Weymouth Way Glengarry Ln RETREAT LN Upper Stow Ct Retreat Pass Childe Harolds Cir Childe Harolds Ln Lynhurst Ct Valley Springs Dr Kirkwood Pl Overcheck Ln Highwood Hill Rd Bunker Hill Rd Chenoweth Pl Stuart Ln Stags Run Ct Log Cabin Trl Lorme Ct Brentwood Pt Mooreland Blvd Mooreland Ct Beechville Ter Forest Park Dr Mayfield Ct High Valley Dr Arrowhead Ct Patrice Dr Moores Ct Pinkerton Ct Frontier Ln

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