Tennessee Real Estate

In Marysville, Ohio; Georgetown, Kentucky; and Smyrna and Spring Hill, Tennessee, life will never again be the same. Once small rural communities, they're now boom towns -- thanks to Honda, Toyota, Nissan, and Saturn. It's happening all over America: communities desperate for economic development lure large companies looking for a docile labor force, cheap real estate, and an alternative to the regulations of cities. But what happens to a small town when it successfully attracts corporate America (or corporate Japan)? As Michele Hoyman shows, from the announcement of plant siting until long after it opens, the town's rural lifestyle is dramatically transformed through radical changes in its politics, public administration, schools, traffic patterns, real estate values, water and sewage systems, police and fire protection, and cultural views. In Power Steering, Hoyman chronicles such transformations in Kentucky, Ohio, and Tennessee, shows how they emerged, and explains why they matter. She skillfully interweaves agenda-setting theory with impact analysis to demonstrate that economic development is an ongoing process with identifiable stages, not merely a final set of outcomes. Drawing upon extensive interviews with community leaders, public opinion polls, and in-depth analyses of town budgets, she creates a richly detailed study that clearly delineates the economic, social, and political impacts associated with corporate forays into the hinterlands. Providing a wealth of detail for scholars and administrators, Hoyman's study also offers a thoughtful guide for any community attempting to attract similar industries. For example, she cautions communities to avoid giving away too muchin tax incentives and environmental control waivers, lest those long-term costs undermine the short-term benefits provided by the corporation.

Real estate broker - A real estate broker is in the business of brokering real estate transactions; that is, finding sellers for those who want to buy real estate and finding buyers for those trying to sell real estate. Real estate brokers and their salespersons assist sellers in marketing their property and selling it for the highest possible price under the best terms and assist buyers by helping them purchase property for the best possible price under the best terms.

Real estate contract - A real estate contract is a contract for the purchase/sale, exchange, or other conveyance of real estate between parties. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental contracts) cover such rentals since they typically do not result in recordable deeds.

Real estate economics - Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of real estate prices, building production, and real estate consumption.

Real estate investment trust - A real estate investment trust or REIT (rhymes with treat) is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks.

tennesseerealestate

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