What's driving the crazy hot real estate market??? (Nashville-Davidson, Murfreesboro: sales, 2015)

[Hey_Hey]

I don't think it is any one thing that is driving the growth. We have a core economy that is unique to Nashville that drives much of it (healthcare administration and startups as well as the music industry). The healthcare industry gives Nashville cache in business circles, and the music industry gives Nashville cache in tourism and culture circles. Name recognition goes a long way, and living in a cool place means something. New restaurants, music venues, parks, art shows, etc., are what people remember, and fortunately for us we play like a much larger city.

Nashville's economy is also very diversified. While everyone knows healthcare and music are huge, there is also a very large manufacturing base in Nashville, especially to the southeast. There's also a large shipping/supply chain/warehousing sector north of town and increasingly in the Mt Juliet-Lebanon area. You'll find technology startups, large higher education institutions, restaurant headquarters, banking and finance headquarters, automotive headquarters, marketing firms, shared services headquarters, and on and on.

Nashville is a place that has high quality living regardless of ones preferences. If you want to live in a suburban locale, we have that. If you want to live in a safe, urban neighborhood (and can afford it) we have that. If you want to live in a semi-rural place with amazing topography but close to the city we have that.

There's also an entrepreneurial spirit to Nashville that permeates across classes and neighborhoods. I have lived in the rust-belt where people expect to work for "the man" and for "the man" to take care of them. Here, it seems like people want to work for themselves. They innovate, they start small businesses, they leave their job if the pay or benefits aren't right. That creates extraordinary numbers of jobs and grows the economy.

The weather places us at a benefit as well. While people prefer all types of weather, most people like it to be warmer rather than colder and prefer to have four seasons distinct seasons. While some people may run from the relatively hot, sticky summers, more people come here for the mild winters and fabulous fall and spring.

[N.Cal]

New construction on the north side (OUTSIDE the loop - Elizabeth Park) has hit $215/sq. ft. We'll see what they actually end up getting. Next door to me they are going to put new construction on the market for $258 sq. ft (and they've already increased the price).

[shinestx]

The Nashville Business Journal gives more info on the housing boom in metro Nashville.

http://www.bizjournals.com/nashville...s-housing.html

[titanspreds_04]

Originally Posted by Hey_Hey

I don't think it is any one thing that is driving the growth. We have a core economy that is unique to Nashville that drives much of it (healthcare administration and startups as well as the music industry). The healthcare industry gives Nashville cache in business circles, and the music industry gives Nashville cache in tourism and culture circles. Name recognition goes a long way, and living in a cool place means something. New restaurants, music venues, parks, art shows, etc., are what people remember, and fortunately for us we play like a much larger city.

Nashville's economy is also very diversified. While everyone knows healthcare and music are huge, there is also a very large manufacturing base in Nashville, especially to the southeast. There's also a large shipping/supply chain/warehousing sector north of town and increasingly in the Mt Juliet-Lebanon area. You'll find technology startups, large higher education institutions, restaurant headquarters, banking and finance headquarters, automotive headquarters, marketing firms, shared services headquarters, and on and on.

Nashville is a place that has high quality living regardless of ones preferences. If you want to live in a suburban locale, we have that. If you want to live in a safe, urban neighborhood (and can afford it) we have that. If you want to live in a semi-rural place with amazing topography but close to the city we have that.

There's also an entrepreneurial spirit to Nashville that permeates across classes and neighborhoods. I have lived in the rust-belt where people expect to work for "the man" and for "the man" to take care of them. Here, it seems like people want to work for themselves. They innovate, they start small businesses, they leave their job if the pay or benefits aren't right. That creates extraordinary numbers of jobs and grows the economy.

The weather places us at a benefit as well. While people prefer all types of weather, most people like it to be warmer rather than colder and prefer to have four seasons distinct seasons. While some people may run from the relatively hot, sticky summers, more people come here for the mild winters and fabulous fall and spring.

The large manufacturing chain you are referring to is more on 840 and Lebanon. Mt. Juliet has Underarmour and maybe four other manufacturing places in whole city. Lebanon/840 might have 20-30.

[key2success]

Originally Posted by Willie1212

Honestly, there are so many corporate HQ's and regional corporate offices relocating here the list is too long to show here. Healthcare, healthcare technology, publishing, banking, manufacturing, music, distribution, service industries (hotels, restaurants, retail, etc), insurance. .. and many others. The reality is: it's a good place to live and work.

That still doesn't answer op question at all.

OP wants to know why people are deciding to move here now vs 7 or 8 years ago. Why are HQ relocating here now

The answer in my opinion was 1. GM expanding, lots of people from up north got transferred here to GM in Spring hill that brought a lot of their family

2. Nissan expansion brought a lot of people as well. Those expansion brings in fresh people and have people talking. A lot of those fake articles saying Nashville is the best city helped as well lol

3. Hurricane Katrina brought in tons of people

Now these people who come here talk about it to others which make others curious

I came here right before the boom and I saw it coming. This was in 2007. GM and factories up north was closing and lot of people migrated here such as me.

Truthfully I thing the city is going to flop. A lot of people are here temporary just to say i was here. A lot of people are moving away. In a year everything will go back to normal again. Traffic cant not even be fixed here

Birmingham is set to be the next best thing soon. I'm already investing in that city

And NO the tv show Nashville didnt put Nashville on ..lol

[Willie1212]

Firstly, key2succcess...I don't appreciate your unhelpful response and tone to my post. Secondly, I stand by my comments: the amount of corporate relocation/greenfield is accelerating...has been the past few years. Katrina? What? Yes, some folks moved here. GM? That started in the early 90s and your info is way dated. A recent resurgence in investment and committed resources via GM has definitely helped Maury and Williamson counties...but their contracted, outsourced labor model is definitely not as sweet as the original Saturn biz model. Might want to check your spelling, grammer and overall grasp of facts before you start criticizing and hypothesizing. ...

[nashvols]

Originally Posted by key2success

That still doesn't answer op question at all.

OP wants to know why people are deciding to move here now vs 7 or 8 years ago. Why are HQ relocating here now

The answer in my opinion was 1. GM expanding, lots of people from up north got transferred here to GM in Spring hill that brought a lot of their family

2. Nissan expansion brought a lot of people as well. Those expansion brings in fresh people and have people talking. A lot of those fake articles saying Nashville is the best city helped as well lol

3. Hurricane Katrina brought in tons of people

Now these people who come here talk about it to others which make others curious

I came here right before the boom and I saw it coming. This was in 2007. GM and factories up north was closing and lot of people migrated here such as me.

Truthfully I thing the city is going to flop. A lot of people are here temporary just to say i was here. A lot of people are moving away. In a year everything will go back to normal again. Traffic cant not even be fixed here

Birmingham is set to be the next best thing soon. I'm already investing in that city

And NO the tv show Nashville didnt put Nashville on ..lol

Well bless your heart...

[key2success]

Originally Posted by Willie1212

Firstly, key2succcess...I don't appreciate your unhelpful response and tone to my post. Secondly, I stand by my comments: the amount of corporate relocation/greenfield is accelerating...has been the past few years. Katrina? What? Yes, some folks moved here. GM? That started in the early 90s and your info is way dated. A recent resurgence in investment and committed resources via GM has definitely helped Maury and Williamson counties...but their contracted, outsourced labor model is definitely not as sweet as the original Saturn biz model. Might want to check your spelling, grammer and overall grasp of facts before you start criticizing and hypothesizing. ...

I guess your trying to make me look bad since I corrected you correctly. i didnt have a mean tone nor was my response unhelpful. All that i said was that your response did not answer OP question..

OP repeated multiple times what she was asking because nobody answered directly so i just thought I would help!

[key2success]

Originally Posted by Willie1212

Firstly, key2succcess...I don't appreciate your unhelpful response and tone to my post. Secondly, I stand by my comments: the amount of corporate relocation/greenfield is accelerating...has been the past few years. Katrina? What? Yes, some folks moved here. GM? That started in the early 90s and your info is way dated. A recent resurgence in investment and committed resources via GM has definitely helped Maury and Williamson counties...but their contracted, outsourced labor model is definitely not as sweet as the original Saturn biz model. Might want to check your spelling, grammer and overall grasp of facts before you start criticizing and hypothesizing. ...

I post facts. More then 21,000 came hear year or so after Katrina hit


When Hurricane Katrina struck the Gulf Coast 10 years ago this weekend, tens of thousands of residents across low-lying areas of Louisiana and Mississippi evacuated for higher ground. More than 21,000 of them landed in Tennessee, bunking with family members and in hotels and shelters. Some stayed and integrated into community and parish life and were taken in by Catholic schools in the Diocese of Nashville.
New Orleans natives find new home in Tennessee after Katrina | Diocese of Nashville | Nashville, TN

[nashvols]

Originally Posted by key2success

I post facts. More then 21,000 came hear year or so after Katrina hit


When Hurricane Katrina struck the Gulf Coast 10 years ago this weekend, tens of thousands of residents across low-lying areas of Louisiana and Mississippi evacuated for higher ground. More than 21,000 of them landed in Tennessee, bunking with family members and in hotels and shelters. Some stayed and integrated into community and parish life and were taken in by Catholic schools in the Diocese of Nashville.
New Orleans natives find new home in Tennessee after Katrina | Diocese of Nashville | Nashville, TN

21,000 came to Tennessee. 21,000 did not come to Nashville. If I'm not mistaken, the majority landed in Memphis...but Nashville did see a decent influx.