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Nashville Ranked as Americas 7th Fastest Growing City

Forbes recently released its list of Americas 25 fastest growing cities, and Nashville once again made the cut, jumping from rank 20 to seven in just one year for the Nashville-Davidson-Murfreesboro-Franklin metropolitan area. The list considers a number of figures including population growth, employment, wages and economic output, and incorporates home price growth as a proxy for wealth. At the top of the list of factors contributing to Nashvilles growth are a 2.24 percent increase in population in 2017with a projected 2.15 percent increase this yearand a 3.07 percent increase in job growth in 2017with a 2.05 percent increase anticipated this year. With those new jobs come higher wages, 5.02 percent higher to be exact. This year, Forbes anticipates another 6.2 percent increase. As Music City grows and attracts new talent, those residents need somewhere to live. Its no surprise home values are also on the rise. In 2017, home prices increased by 10 percent, and Forbes expects another 3.72 percent increase in 2018. Other areas at the top of the list include Boise City, Idaho (1); Seattle, Washington (2); Dallas, Texas (3); Orlando, Florida (4); Fort Worth, Texas (5); and Las Vegas, Nevada (6). You can read the full list on Forbess website. If youre looking to take advantage of rising home values and put your house on the market, we can help! Find a Benchmark agent near you at or give your local office a call today.

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