One of our favorite things about Nashville in the summer is the local food and the festivals that showcase it! Whether it is a food truck selling retro shaved ice or a delicious barbecue brisket  smoked low and slow, Nashville loves food!

Hot chicken is a uniquely Nashville culinary experience that is taking middle Tennessee by storm. These are not wings covered in buffalo sauce, and they don’t come with celery or blue cheese dressing. Nashville hot chicken does, however, come with a slice or two of white bread and a few dill pickles. And if you’re really brave, you might consider ordering something more than “medium” when they ask, “How hot?”

hot chicken dish
hot chicken dish

This weekend on July 4th, families from all over middle Tennessee will come to East Park in Nashville to experience the city’s 9th Annual Hot Chicken Festival. There is no admission fee, and the fire truck parade will begin at 10:30am. Starting at 11:00am, the first 500 people through the gates will receive free hot chicken samples. Seven different purveyors of Nashville hot chicken will be on site, and food trucks of many different varieties will be there too if hot chicken doesn’t ruffle your feathers. This is not one to miss. There will be free watermelon available (you’ll need it after the chicken), and delicious ice cream sold by Pied Piper Creamery.

Food has always brought together the people of Nashville, and this Saturday in East Park will be no different. After the Hot Chicken Festival, many families will walk down to the riverfront for their seats to watch the nation’s largest public fireworks display and enjoy performances by Martina McBride, Mikky Ekko, and the Nashville Symphony Orchestra.

For more information on the Hot Chicken Festival, visit: http://hot-chicken.com/
For more information on the concerts and fireworks, visit: http://www.visitmusiccity.com/july4thHot

According to Fannie Mae’s latest Housing Insight report, Millennials’ desire for single-family homes is robust, and should strengthen in the years ahead as this generation enters their 30s, which the report calls “prime years for first-time homeownership.” This article from HousingWire highlights some of the details from the report.

Young adults prefer single-family homes, and in fact, 25-34 year-old homeowners are found to be more likely to reside in a single-family home today than their predecessors, according to the latest Housing Insight Report from Fannie Mae.

The report challenges popular perceptions by showing that today’s young adults, like their predecessors, have a strong preference for single-family homes.

As for why there is a rising popularity of single-family homes, Fannie said that tightened credit standards might have shifted the distribution of homebuyers toward more affluent households.

“Given that housing consumption increases with income, it might then follow that single-family homes, which are typically larger and more expensive than other housing types, would capture an increased share of purchases among all young adults,” the report said.

[Read this article]

In this new article from BUILDER, John McManus takes a deep look into RealtyTrac’s U.S. Home & Foreclosure Sales Report for May, and highlights some very promising results for the housing market.

It’s official. It took six grueling years since the Great Recession ended, but now, the housing recovery enters the second half of 2015 as a fundamentals-driven rebound.

What does it mean now that housing – and its infinite mosaic of geographical fiefdoms down to the submarket and lot-line level – has healed its gravest wounds? What does it mean to developers and builders that buyers and sellers of home properties are people to people, not desperate people to institutions? What does it mean when we say that a housing cycle’s trajectory has moved decisively from a focus on investors’ resources to an exchange of values from owner-occupier to someone who wants to be an owner-occupier of a primary residence?

RealtyTrac’s latest U.S. Home & Foreclosure Sales Report shows that all of the benchmarks for abnormal residential real estate behavior – cash sales, distressed sales, bank-owned sales, and in-foreclosure sales – dramatically subsided in the past month and, even more dramatically so in the past 12 months.

[Read the full article here]

The U.S. Commerce Department released its construction spending report for the month of May, indicating the highest level of spending on construction since the recession, as reported in this article from The Wall Street Journal.

U.S. construction spending hit a new postrecession peak in May, a likely boost for the economy in the second quarter of the year.

U.S. construction spending advanced 0.8% to a seasonally adjusted annual rate of $1.036 trillion in May, the highest level since October 2008, the Commerce Department said Wednesday.

The measure has been climbing steadily since December and in March broke $1 trillion for the first time since 2008.

In May, spending on private nonresidential building led the way, climbing 1.5% to $393 billion, the highest figure since December 2008. Manufacturing spending has been especially robust over the past year.

Overall, spending on all private construction – residential and nonresidential – was the highest since July 2008.

[Read this article]

As we celebrate the anniversary of America’s independence this weekend, BUILDER takes us on a fascinating tour of five of the most iconic homes of our nation’s Founding Fathers, which are all still standing today. Check out the article and pay a virtual visit to the homes of Washington, Jefferson, Madison, Hamilton and Franklin.

As Independence Day approaches, Americans prepare to celebrate the freedom won by the country’s founding fathers during the Revolutionary War and with documents such as the Declaration of Independence and the Constitution.

When these men weren’t out fighting wars or helping to found a country, they enjoyed time at home with their families, according to www.constitutionfacts.com. In fact, many of them designed and ran their family’s estates, where they could retreat from the chaos of Colonial times.

Today, these homes are popular tourist destinations, drawing crowds from all over the world interested in learning how America’s original leaders lived. In fact, many of these homes would not be the living history symbols they are today without extensive restoration work.

[Read this article]