One thing has become abundantly clear in the past couple of years, and that is Nashville is the place to be! However, many wonder how long this can last, and when if ever Nashville will start to cool off. The truth of the matter is, yes there will eventually come a time when the dust settles in Music City, but the timeline for when that happens doesn't seem to be at all in the near future! There are two primary factors that contribute to Nashville remaining at the top of the growth list for the next 5-10 years at least. One, the sheer size of the millennial pool and how desirable Nashville is for that demographic means a healthy and constant stream of people always looking to move to Nashville. The second trend is very similar to the first, but has to do with corporations continuing to move to the Greater Nashville Area.
Right now there are three main businesses that are about to have a huge impact of this entire state, let alone just Nashville. The addition of Amazon's second office tower downtown ($54mil), the construction of GM's electric vehicle battery plant in Spring Hill ($2.3bil), and the development of Oracle's new campus on Nashville's East Bank ($1.2bil) stand to create an estimated 14,800 jobs! That is an insane amount of both money and people prepping to make the move to the Nashville area! So what exactly does all this mean? The short version, Nashville is set to remain a red hot market for at least the next five to ten years. If you're looking to take advantage of this market, or need help taking advantage (or NOT getting taken advantage) of the market in TN, please reach out, I'd love to chat!!
615-828-5989 // hampton@hamptonmauzy.com