Posted on 10/02/2019 10:35:16 PM PDT by wac3rd
The Nashville real estate market is exploding and the reasons are outstanding! Forbes ranked Nashville the eighth-best U.S. market to buy a home, U.S. News & World Report ranked Nashville #15 of the top 125 U.S. cities to live, and Travel + Leisure ranked Nashville as the friendliest city in America as well as one of the top 50 places to visit in the world. Nashville real estate offers all of that including no state income tax and the best music scene on the planet.
‘Exploding’ is the appropriate word.
You are at the tail-end of this movement though. If you’d signed up and left around 2000 (population then at 590,000), it would have made sense. Today at 690,000 and numerous urbanized counties around Nashville booming...I’m not sure if it makes great sense.
Add to it....the I-65 route (north and south) is extremely congested at the rush-hour periods.
To avoid the crazy house prices...you’d have to live 30 miles away (say in the Columbia or Chapel Hills area).
I would note this as well....the 13 counties that make up the ‘greater’ Nashville area back in 2010....had a population of 1.6 million people. Right now, it’s at 2.09 million and I would expect it to bump against 2.4 million by 2025.
In simple terms, you are too late to really benefit from this.
I'm a native Californian who relocated business and family to North Texas in 2005. The short answer is, it was one of the best decisions of my life.
You're probably already up to speed on the positives of this area. I'll just say that it's everything you've heard, but even better. It took me a full five years of living here to fully wrap my wits around what an incredibly smart move we'd made. It was a rising scale of appreciation, as time went by.
Today I wouldn't hesitate to recommend Texas to any conservative looking to relocate from a blue state.
Too true. Five years ago, my wife and I were getting all our ducks in order to buy a house when we discovered a bunch of tax liens from the state of California on our credit reports.
This, despite the fact that we hadn't lived in California for over five years at that point, and had fully paid all our state taxes prior to leaving the state.
Took some months, but we finally broke free of their slimy tentacles.
That's your absolute best play, if you can manage it. Truth is, all major US cities are infested with, and run by liberals.
Wherever you go, do try to put more than "a few miles" distance between your new homestead and the big city. If possible, buy an exurban place instead of a suburban place. The quality of life is immensely better, the further you get out of town.
As someone who works in tech in the Nashville area, I can assure you that if there was a ready supply of good ole boys who drove F250’s & liked to hunt who had Comp Sci or EE degrees, we’d be on them like white on rice. There isn’t; the Nashville tech market is pretty much tapped out.
Only visited downtown Nashville for a day trip. It was very safe, lots of open front bars but like someone said, It is hipsters and if you take a wrong turn or miss a sign leaving you are looking at a hood straight out of black hawk down. You want BROADWAY leaving downtown. NOT church street. The freeway signs were confusing. Our GPS sucked.
Don’t ever vote Democrat.
That’s my advice for you, if you want to keep the pleasantries of the Red state red.
I moved to California in 1973 after graduating from college. It was truly an era of “California Dreaming.” I married a California native, we raised three kids there, and we’ve been in our house on the San Francisco peninsula since 1983. Real estate was astronomically high from the day I moved there — my dad thought I was incredibly stupid for buying a 900 sq ft house (including a one car garage) in Palo Alto for $100,000 in 1973
Lots of things have completely ruined the area, the two being the huge siuccess of Apple, Facebook, and Google with many smaller firms close behind. Living with that much wealth around you has a real dispiriting affect. It also breeds the most staggering rudeness imaginable. I’m dismayed that we now live in Little Beijing and Little Bangalore. All the houses in our neighborhood are snatched up by Chinese, 100% of the new kids enrolled in our K-12 school district are Chinese, and you don’t hear a lot of English spoken on our town streets anymore. The traffic is unbelievable and you typically need an hour to go 15 miles. Being a pedestrian has become a real scary nightmare. I won’t even start about the politics and the resulting thoroughly disgusting cities and the rampant graffiti.
We bought a house in The Idaho Panhandle (now commonly called “North Idaho”) a year and a half ago and are splitting our time between the two homes. The ten counties in the Panhandle have 350,000 people in 21,000 square miles. The biggest problems are the rough winters and people are just too polite. Everybody wants to stop and chat. At four-way stop intersections, sometimes things clog up because two drivers sit waiting for the other to go first and both keep waving the other guy to go.
We’ve got really good skiing less than an hour away. We can actually leave our California house and be skiing in Idaho in less time than it takes to drive to Tahoe these days.
Here’s a small anecdote about city governance. Coeur d’Alene really prides itself on its natural beauty and wonderful downtown area. We were hiking Tubbs Hill in August and I spotted graffiti on a utility box at the trailhead. That evening I wrote to the city council members about it. I got an immediate reply from two thanking me for alerting them and saying they would take care of it. The next morning at 7:30 am (less than 12 hours later!) I got an email from a councilman saying it was fixed. He included a photo of the freshly repainted utility box! When did a city ever do something so quickly?
I do miss the magnificent Central and Northern California scenery, the ocean, the redwood mountains, the weather and the friendliness from four decades ago. I have to keep reminding myself that the California I loved is all gone and not coming back. I find myself frequently resenting all the change that ruined paradise.
Right now we are in a position to keep both houses so we have some time to figure out what to do. I retired a couple years ago but my wife is working another year.
do you see the real estate market in CA crashing anytime soon? Or will the foreigners keep it high?
Good luck. Left Wa state 5 years ago for northern Michigan and have had no regrets. Just wanted to add that it’s fun to vote now and know it actually matters.
That’s the $64,000 question. Prices have softened a lot in our area. It’s attributed to the loss of deductibility of SALT taxes, but I rather doubt that because that isn’t very significant to the high earners. I think the bigger factors, based on talking with a lot of friends who have left, is people are fed up with congestion and the frenetic pace. I think another big factor is fewer people want the headaches of single family homes and are happy in townhomes and condos. We’ve weathered about four real estate slumps and each time we’ve said “this is it...prices won’t be going back up...it’s over...this time it’s different.” And we’ve been wrong every single time.
If you look at the big company hiring plans, I don’t see the area shrinking. The new Google HQ by Moffett Field is nearing completion and Google just bought up HUGE real estate tracts earlier this year. They are hiring something like another 10,000 people in the Bay Area. Apple continues to hit on all cylinders, too. Facebook is questionable. A big tech recession would really clobber prices.
Our plan is to keep the CA house until one of us passes because that results in wiping out the capital gains tax. The Dems keep talking about eliminating the “basis step up” upon death, though. If they get all three branches in Washington again and actually do that, it will wipe out CA real estate — inventory would shoot up and prices would fall.
The other wild card is what the CA Dems will do with Prop 13. If they eliminate that on residential property, the market will get flooded with inventory and prices will go way down.
The money flow from China and to a lesser extent, India, is staggering. If that gets shut off (Chinese government reaction to tariffs?), then the price support would collapse.
There are so many unknown! And I’m sure there are many unknown unknowns lurking out there, too. I sure wish there were more certainty in all this. It seems like there is much more uncertainty than we’ve had before in our lifetimes.
I fled SoCal in 2015 for Knoxville, Tennessee. Smartest thing I have ever done.
I have grave concerns about Nashville; it’s going sideways fast. Too many celebutards and other libtards are descending like the locusts that they are. When it was just the CW people, no problem. But, this is dreadful.
There is also a huge mosque in Murfreesboro, so stay away from there.
Please do come and join us. Help keep our state red. It was a very exciting Election Night, 2016–I saw my vote count for the first time in my entire life.
How can we speed this up?!
Maybe a fundraiser to give free high capacity magazines to any legal gun owner from California looking to move?
Yes! I got the Exit Tax persecution, too!
After I moved to Tennessee, I started getting bills from the FTB for back taxes from employer under withholding 118 years ago. Of course, the penalties accrue and compound by the nanosecond.
That went on for the first two years.
Now they have changed the head of the FTB position from elected to appointed. Brace yourselves.
Practically all of Tennessee is very conservative.
Not for long, buh by Tennessee.
Indeed. I got a letter a couple of years ago asking why I haven’t paid taxes. I’m in the military, I don’t pay state taxes because CA doesn’t require it. I wonder if they will still try to get my taxes when I retire to Texas next year instead of going back to CA.
I looked at CA veteran benefits yesterday, out of curiosity. That state sure is stingy when it comes to veterans. For example, disabled veterans get property taxes waived on home values up to 5,000, or 10,000 if they are married. Oh, that is sure going to help. Most of the services assume homeless vets—I guess offering benefits to people to simply reward them for their service is out of the question. Maryland, where I am now, and Texas offer better benefits.
So washing machine box for singles, refrigerator boxes for couples.
I visited Nashville this past spring. Stayed downtown in a very nice hotel and loved the Ryman Theatre and the Country Music Hall of Fame. I will NEVER go back as long as it dimocrap run. It was depressing looking at all the drugged out street people. I would never wear any sandal type shoes there for fear of getting a drug needle stuck in my foot. Good thing there are a lot of shoe stores selling boots.
Yup.
Seems so.
The CA vet benefits look like they haven’t been updated since WWII.
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