Hotwire: Nashville hotel prices sliding
Posted on November 18, 2009 at 9:27 am
The latest Hotwire Hotel Rate Report has Nashville in the top 10 for first time. Not that that’s a good thing: The booking service says local prices are down 20 percent from a year ago, largely because hotel operators held off on repricing their rooms until early this year.
Lucky No. 12
Posted on October 9, 2009 at 10:42 am
There’s a weird symmetry here: Days after Harris Interactive said Nashville was the No. 12 city people want to move to, Sporting News says we’re the No. 12 sports town, miles ahead of Baltimore, San Diego, Milwaukee and a lot of others. The list was built primarily from sports teams’ 2008 performances — thank you, Commodores, for making a bowl game — although attendance figured into things, too.
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Nashville No. 12 living destination
Posted on October 5, 2009 at 11:01 am
A Harris Interactive survey says Americans still rate New York City as the top place they want to live in. After a number of other obvious big-city choices, Austin and Nashville check in at Nos. 11 and 12, ahead of cities such Atlanta and L.A. Tennessee scores even better, cracking the top 10.
This is much more than a beauty contest. The most popular states and cities where large numbers of people would like to live tend to attract tourists and business. They are places where people like to take vacations and where companies like to have their offices and factories.
Memphis: Where not to raise a family
Posted on September 15, 2009 at 6:47 am
Memphis is on the wrong end of a Children’s Health list of the country’s best cities to raise your family. Only Detroit, Miami and Orlando were scored lower by the magazine’s matrix of 30 indicators. Nashville came in 40th, behind a number regional cities that includes Little Rock and Louisville.
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Need a hospital? Stay away from California
Posted on September 9, 2009 at 6:59 amA teaser look at the upcoming release by Data Advantage of the Hospital Value Index puts most of the lowest-rated markets in the Golden State. The top cities to be in — their actual names will be released next week — are in smaller, less populous states.
“The rules have changed — whether because of the economy, health reform or Value-Based purchasing, and quality alone is not a sustainable strategy for the U.S. hospital industry,” said John Morrow, one of the authors of the study. “These organizations will need to be accountable to their communities for their performance on value and be transparent about doing so.”
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Nashville men are insensitive clods
Posted on August 18, 2009 at 10:08 am
Smellgoods maker Axe says Music City is the worst place in the country for showing off your sensitive side. Something about too many RVs…
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Three in 10 home sellers dropping prices
Posted on August 14, 2009 at 1:06 pm
A research firm that tracks how many home sellers are lowering their prices puts Nashville 18th in the country. The average price cut this month is 7 percent.
“Even as the volume of sales are starting to rise nationally, the median home price continues to fall,” said Pete Flint, Trulia co-founder and CEO. “The reality is, today’s sellers need to price aggressively to avoid reductions. Consumers are looking for value and when they find a good deal, they are taking advantage of market conditions.”
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Nashville income growth cut in half
Posted on August 6, 2009 at 3:07 pm
The Bureau of Economic Analysis says Nashvillians’ incomes grew 3.3 percent in 2008, barely half the 5.8 percent of 2007. That number was right in line with the U.S. average and puts our MSA 76th in the country.
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Downtown office market among region’s worst
Posted on July 28, 2009 at 3:01 pm
Almost one in five square feet of downtown Nashville’s office inventory stood empty at the end of June, one of the worst numbers in this part of the country. Only St. Louis’ downtown is in worse shape — and has been for several quarters — while the CBDs of Louisville and Charlotte are looking OK for now.
On the suburban front, Nashville is among the strongest performers (as is St. Louis, go figure) in the region with a vacancy rate of 13 percent.
How far the new minimum wage will go
Posted on July 24, 2009 at 7:05 am
Nashville scores well on a list that analyzes the impact of the latest minimum-wage hike, which went into effect this morning. The Music City scores 11th in terms of adjusted cost of living, behind Memphis and Indy but ahead of Charlotte and Austin.
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Projecting our population
Posted on June 12, 2009 at 7:01 am
G. Scott Thomas at bizjournals has analyzed county population growth rates and crunched the numbers out to 2025. According to those numbers, Nashville will move up six spots in the size rankings, topped 2.1 million by the middle of this century’s third decade.
One interesting angle is that Music City’s peer group will change drastically in the next 15 years. Charlotte and Austin are expected to boom much more than Nashville, which will in turn catch up to a number of the nation’s older cities, such as Pittsburgh and Cleveland.
Here are the five cities on either side of Nashville using 2005 estimates (with Nashville’s population in parentheses):
34. Indianapolis
35. Providence
36. Milwaukee
37. Charlotte
38. Austin
39. Nashville (1.45M)
40. New Orleans
41. Memphis
42. Jacksonville
43. Louisville
44. Hartford
And here is that same list based on 2025 projections (with 2005 ranks in parentheses for cities other than Nashville):
28. San Antonio (29)
29. Cincinnati (24)
30. Kansas City (27)
31. Pittsburgh (21)
32. San Jose (30)
33. Nashville (2.11M)
34. Indianapolis (34)
35. Columbus (31)
36. Jacksonville (42)
37. Cleveland (23)
38. Raleigh (51)
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Nashville a ‘next’ city
Posted on June 11, 2009 at 2:06 pm
The economic development gurus at Next Generation Consulting put the Music City between Chicago and Jacksonville – which is also where cartographers have us – on their list of up-and-coming cities. The firm’s snazzy criteria: earning, learning, vitality, around town, after hours, cost of lifestyle, and social capital.
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Gulch among the coolest
Posted on June 1, 2009 at 2:57 pmMen’s Journal names the former rail yard district near downtown one of the best neighborhoods in the country.
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Quite simply mind-blowing
Posted on May 18, 2009 at 3:08 pm
A CNBC slideshow highlights the cities with the largest numbers of underwater mortgages. Whatever you thought a ‘high’ number for negative-equity homes was, double it. Vegas leads the list, which is amply represented by California and Florida markets.
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Nashville housing inventory still high
Posted on April 27, 2009 at 1:26 pmToday online, the Wall Street Journal breaks down some key housing figures for major American cities. According to the paper’s digits, Nashville is one of only four cities where supply has risen in the past year and we also risk highly in terms of the inventory-sales ratio.
On the positive side of things, Nashville-area home prices have held their ground and the region has a relatively low percent of loan payments overdue, with 5.2 percent.
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