June 2023
Nashville continues to be one of the fastest growing cities in the US. Recent construction approvals, population growth, and an increased budget for the public education system all speak to the massive growth with no signs of slowing.
Nashville continues to be a hot spot for job seekers, topping the Wall Street Journal’s list of 2022 hottest job markets.
Nashville Ranks 4th on Milken Institutes index of best performing cities – weighing job growth, wage gains, high-tech industries and housing costs.
Nashville is predicted to be the fifth hottest residential real estate market of 2023, measured by home value growth, recent housing market velocity and projected changed in the labor market, and home construction activity.
US Census data reveals Tennessee’s population saw the largest single year population increase since 2007, and the 8th largest in state history.
The Tennessee Titans receive final approval for a $2.1 billion enclosed stadium to serve as home for the football team and better attract major events, such as the Super Bowl and college championships.
Nashville’s city council recently passed the city’s $3.2 billion budget, comprising of cost of living increases, a $100 million increase for Metro Nashville Public Schools, an additional $10.1 million for WeGo, Nashville’s public transportation, and $9.7 million for the Nashville Department of Transportation.