Nashville isn’t just the nation’s new “it” city. Tennessee’s capital is also now the state’s largest city as more and more people have begun to call it home. The latest census figures were released at the end of May, showing Nashville’s recent boom allowed it to outgrow Memphis, replacing it as the country’s 24th largest city. So what are the numbers? The 2016 population for Music City came in at 660,338 versus Memphis’s 652,717—a difference of 7,671 residents. Total population is expected to increase by 40 percent through 2046, according to a recent report by the Wall Street Journal. Nashville isn’t the only Middle Tennessee town seeing an influx of new people. For the second year in a row, Murfreesboro has been ranked one of the nation’s 15 fastest-growing large cities, with a 4.7 percent population increase last year. Don’t expect things to slow down for Music City anytime soon. Tennessee’s business filings increased during the first quarter of 2017, with Davidson County seeing the largest number of new business filings at 2,395. The state’s employment growth also outpaced the rest of the country at 2.2 percent in March, and in the aftermath of the Great Recession, Nashville has shown [...]
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loy·al·ty noun ˈlȯi(-ə)l-tē 1. Steadfast in allegiance to one's homeland, government, or sovereign. 2. Faithful to a person, ideal, custom, cause, or duty. Loyalty- We all want it from our spouse, our friends, our pets and most certainly from our broker. But does there come a time when your loyalty to your broker could be damaging your family’s financial success? Are you staying with your current situation just because your broker is a longtime friend, confidant, or supporter? Admirable, but that’s money your business needs – it’s money your family needs. Exactly how much is that loyalty costing you every year? $20k, $30k, $40k? If you are operating under a traditional brokerage model, this Infographic illustrates how much it could be costing… In these days of financial uncertainty with a fragile bond market, the Federal Reserve creating billions of dollars out of thin air every month, and inevitably rising interest rates, NOW is the time to secure your future with a brokerage that has a Depth of Stability. At Benchmark Realty, LLC we have created a business model that is rock solid in good times and bad. We are a DEBT FREE company that has continued to invest in proprietary technology [...]
Friday morning, at 8:30 AM ET, the government releases its Non-Farm Payrolls report for September. Mortgage rates may rise if job growth was strong.
Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report. If you're actively shopping for a mortgage, today may be a prudent day to lock a mortgage.
Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don't know in which direction they'll move.
Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs.