New Mediterranean Italian restaurant could add spice to Nashville dining scene
You'll have the chance to explore a vast dining scene if you purchase one of the homes for sale in Nashville. In fact, homeowners will soon be able to enjoy dishes from Sardinia Enoteca Ristorante, as this Florida-based Mediterranean Italian restaurant will open its second location at 210 25th Avenue North, close to Centennial Park and Elliston Place. According to the Nashville Business Journal, it will open its Nashville dining venue in 2013.
Restaurant co-owner Tony Gallo noted how it was the perfect time to consider a new location in the Music City.
"The timing for this restaurant is perfect because Nashville is booming right now," Gallo told the news source.
Sardinia patrons can taste an authentic, eclectic grouping of meals that feature meats, fish and cheese. Gallo said the restaurant delivers atypical dishes, and was named one of Zagat's top restaurants in America in 2011, the news outlet states.
When restaurants consider expanding their operations to Nashville, this relocation presents many opportunities for local residents. The addition of new dining and entertainment options may help to make a city a more diverse and attractive place to call home.
Are Nashville home values improving?
This metro's home prices are rising, as more people are evaluating the possibility of relocating to this area. The newspaper notes that a recent housing market research firm CoreLogic showed that Nashville's home prices increased 3.3 percent between May 2011 and May 2012.
"The recent upward trend in U.S. home prices is an encouraging signal that we may be seeing a bottoming of the housing down cycle," said Anand Nallathambi, CoreLogic president and chief executive officer. "Tighter inventory is contributing to broad, but modest, price gains nationwide and more significant gains in the harder-hit markets."
Homebuyers could face higher costs if they wait too long, as the real estate market appears to be moving in sellers' favor. However, there are several opportunities to get lower-than-average interest rates on loans to help you obtain a home.
Fixed-rate mortgages are a viable option for many property buyers
With a fixed-rate mortgage, homebuyers could pay the same amount each month for 15 or 30 years. This provides cost certainty, and the current opportunities available from lenders might make this type of allowance an ideal choice.
For example, Freddie Mac reports the national average for a 30-year fixed-rate allowance fell to 3.56 percent in the second week of July 2012. This represents a 0.6 percent drop from one week earlier, and a 0.35 percent decrease from the first week of the year.
Evaluate your financing options in order to take advantage of these rates so you can buy a home in Nashville.