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Brittney Testerman, e-PRO REALTOR®'s Blog

By Brittney Testerman | Agent in Nashville, TN
  • Nashville ranks 89th in the WORLD for metro economies!

    Posted Under: General Area in Nashville, Quality of Life in Nashville, In My Neighborhood in Nashville  |  January 23, 2012 6:48 AM  |  690 views  |  No comments

    To rank 89th worldwide is wonderful for Nashville. It proves our economy is continuously growing. If you have ever wondered when the right time to buy is, it's now! According to the Greater Nashville Association of REALTORS, home prices are still down when comparing December 2011 closed prices to December 2010, while home sales for 2011 continue to grow. It is the first time since 2006 when compared year to year our home sales are up. If you are waiting for prices to hit rock bottom before you buy, you are missing the boat. With our awesome market these prices will not stay like this forever. 2012 is going to be a great year for Nashville real estate! If you are thinking of purchasing now is the time, home prices are down and interest rates are at an all time low. When interest rates start to rise you will get qualified for less! Give me a call when you are ready to take the step to buy or sell. 

    Nashville 89th in ranking of 200 international metro economies

    Published January 19, 2012 by William Williams

    The Brookings Institute has released a ranking of the economic vitality, or lack thereof, of the world's 200 largest metropolitan areas, with Nashville in the 89th position.

    The 200 areas account for nearly half of the entire global economy. Brookings titles the work Global MetroMonitor 2011: Volatility, Growth, and Recovery.

    Houston, at 19th, is the only U.S. city to crack the top 20. Memphis ranked 171st and is the only other Tennessee city on the list. Nashville peer city Charlotte finished at 145th.

    The information can be viewed here.

    Source Nashvillepost.com

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