Thursday, January 03, 2008

Tennessee Real Estate

Tennessee is one of the states which lies in the south central of United States. It became the 16th state of the United States in 1796 and was given the nickname “Volunteer State.” It earned its nickname due to the volunteer soldiers who vitally played a role in the 1812 civil war.

Geographical Information

Tennessee is categorically divided into 3 regions, East, Middle and West Tennessee. It has 95 counties with its capital in Nashville City or commonly called Davidson County. It is adjacent to 8 other states divided by the Tennessee River. In its eastern border is the peak of Clingmans Dome and the Appalachian Trail while its extreme opposite is the Mississippi River.

Mild Winters and Hot Summers

The Tennessee climate is influenced by the Gulf of Mexico. It usually has short and mild winters and also hot summers. In most parts, its climate is humid subtropical with exception in the mountains area where it has a humid continental climate. Due to its location, far from the coast, it is safe from hurricane impact and a big advantage for investors aiming to make it big in Tennessee.

Booming Industries

Primary product in Tennessee is cotton, followed by textile and electrical power. With its geographic diversity, it is endowed with abundant natural resources thereby providing good environmental conditions. The government’s main concern is protecting Tennessee’s diverse environment which consistently promotes an increase in the living standard, likewise, health and recreation opportunities for the people. In fact, its median household income is much higher than the other states in the US. This is primarily because income taxes here do not apply to salaries and wages, only income from intangible assets, like stocks.

The progressive economy in Tennessee, the 18th largest all over the world, attracts investors, local and foreign. Not only the wealthy, the average people also find investing in Tennessee real estate exceptionally good and lucrative. They don’t have to invest a big amount of cash. Tennessee real estate values at a comparable rate and the property is considered to be appreciating, which results in an unequalled opportunity for more money-making investments.

Real Estate Prosperity

For investors who prefer to acquire complete structures, there are also opportunities for pre-construction of Tennessee investments like in beach resort construction, town houses and condominiums. The thriving travel industry is putting an even larger demand for vacation Tennessee real estate properties most especially in , providing growth to Tennessee real estate investment opportunities, as well as a higher rate of return on your investment.

For those who want to be involved in Tennessee real estate, a wide-range of resources are available, distance learning programs and even online education to acquire a license. You can voluntarily choose to live a happier life and a brighter future by choosing to live in Tennessee. There are hundreds of incentives in living in this state. So if your dream is to live a happy life, with a stable job, and in a happy place, Tennessee is the way to go, for a happier you.

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