DID YOU KNOW?
Nashville area home prices jumped 32% from spring 2016 to spring 2018. Job growth in the Nashville region grew 25% from 2009 to 2018, while local tech jobs grew at 47%. In 2018 the Nashville MSA was estimated to have an average 2,173 tech job postings every month. And by 2028, the region projects overall job growth of 16%, while tech jobs are anticipated to grow by 22%, according to the Nashville Chamber of Commerce’s 2019 Tech Workforce Study. (Tennessean)
DID YOU KNOW?
Between 2007 and 2017, top-earning renters increased by 175%, while homeowners within the same income bracket exhibited a 67% growth rate. Out of 43.3 million renters nationwide, 2.1 million are top earners according to the latest available U.S. Census data. Back in 2007, there were only 774,000 high-income renters. Which makes a strong argument to own high-level rental properties: the combination of low interest rates, lower prices in areas, more flexibility with negotiating combined with depreciation and strong demand - not to mention long term appreciation - could make for a solid investment. And....rents rise....(Marketwatch)
DID YOU KNOW?
Just when you thought bricks-and-mortar retail was dead AND Amazon had abandoned New York, along comes a second location fo an NYC Amazon GO store at 300 Park Avenue, in the Midtown area in Manhattan. The roughly 1,700-square-foot store will be the 13th Amazon Go location to open in the U.S. Amazon has overtaken Google and Apple to become the world’s most valuable brand at $315.5 billion, up 52% on 2018. Apple comes 2nd, valued at $309.5 billion, with Google in 3rd place, at $309 billion, according to the BrandZ Top 100 Most Valuable Global Brand ranking 2019. Amazon also has partnered with publicly traded bank Synchrony Financial to launch “Amazon Credit Builder” - a program that lends to shoppers with no credit history or bad credit, who would otherwise be exempt from Amazon’s loyalty cards......imagine doing this to help first-time home buyers with no or bad credit.... (CNBC)
