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☆ A homebuyer's guide to the real-estate revolution
▼ + stars: | 2024-04-23 | by ( James Rodriguez | ) www.businessinsider.com time to read: +16 min

Real-estate agents' commissions have fluctuated between 5% and 6% of the sale price for decades, despite advances in technology and an influx of agents. The recent lawsuits, which accused the NAR and some of the country's largest brokerages of conspiring to keep agents' commissions unfairly high, could signal the start of a new era. If sellers aren't paying out commissions to buyers' agents, buyers themselves could end up on the hook. For example, what happens if the seller isn't willing to pay the buyer's agent's commission? In most states, the buyer's agent can technically just rebate that extra money to their client.

Persons: Austin Whitt, Whitt, —, I've, Steve Brobeck, Sabrina Brown, they've, Michael Warren, Sellers, Prentiss Cox, it'll, you've, doesn't, Jack Ryan, Ryan, homebuying, Rob Hahn, Wendy Gilch, Gilch, I'm, it's, David Dworkin, Dworkin, Cox, It's Organizations: Realtors, National Association of Realtors, NAR, Consumer Federation of America, Getty, University of Minnesota, MLS, Consumer Federation of, National Housing Conference, Justice Department Locations: Tennessee, Nashville, America, North Carolina, United Kingdom, Australia

☆ Nashville added nearly 100 new residents per day in 2022. Here's why people are moving to Music City
▼ + stars: | 2023-11-30 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +4 min

Over the past 30 years, Nashville, Tennessee — a city known for country music — has seen a flood of transplants moving from higher-cost cities. For new residents, "everybody has a different story," said Jeff Hite, chief economic development officer of the Nashville Area Chamber of Commerce. In 2022, the Nashville metropolitan area grew by about 35,624 people, or roughly 98 new residents per day, according to Census data compiled by the Nashville Area Chamber of Commerce's Research Center. Since 1990, the population has grown 81%, with more than two— million residents in the Nashville metropolitan area in 2022. Attracted to a "central location," some 43% of downtown residents moved from out of state, survey data from the Nashville Downtown Partnership shows.

Persons: John Greim, —, Jeff Hite, Hite, Nina Dietzel, Tom Turner, Turner, we've, we're Organizations: LightRocket, Nashville Area, of Commerce, Commerce's Research, Nashville, Images Downtown, Nashville Downtown Partnership, Partnership, Vanderbilt University Locations: Nashville, Nashville , Tennessee, Los Angeles, Chicago, San Francisco, San Diego and New York, Images Downtown Nashville

Twin Rivers Farm could break records as Tennessee's priciest home if it fetches its $65 million asking price. Apart from the 10,626 square foot main residence, the estate features a barn, guesthouse and a man-made lake, stocked with trout for fishing and swimming. McEwen GroupThe previous record for the most expensive home sold in the state, set in 2010, stood at $28 million. McEwen GroupThe estate has multiple hidden passages leading to a game room, a safe room and a wine cellar. McEwen GroupThe property's barn houses the Keeles' chickens and sheep.

Persons: Tennessee's, Justin Timberlake, Nicole Kidman, Dan McEwen, McEwen, It's, McEwen Group Larry Keele, Larry, He's, " McEwen Organizations: McEwen Group, CNBC, McEwen, Oaktree Locations: Nashville, Leipers, Middle Tennessee, New York , Illinois, California, Twin Rivers, Rivers, Los Angeles, LA, Tennessee, France

☆ Nashville's startup scene is booming. Here's why investors and founders are moving to 'Music City'
▼ + stars: | 2023-11-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +11 min

NASHVILLE, TENNESSEE - SEPTEMBER 1, 2019: Tourists visit the bars and country music venues in the Lower Broadway entertainment district in Nashville, Tennessee. As more investors and founders are flocking to explore Nashville's booming health care and technology scene, Shah said he gets recognized regularly. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNicknamed "Music City," Nashville is chock-full of country singers and perpetually buzzing with live music. (Photo by Robert Alexander/Getty Images) Robert Alexander | Archive Photos | Getty ImagesNashville's health tech startup scene has also benefited from significant investment from local organizers and government officials. Eligible Nashville entrepreneurs can also become members of the Greater Nashville Technology Council and the Nashville Health Care Council.

Persons: Robert Alexander, Robin Shah, Shah, Pavlo Gonchar, Kyle Cooksey, Bill Frist, Cooksey, John Bass, Bass, Ellen Herlacher, Luke Benda, it's, Cerner, It's, Vanderbilt, Marcus Whitney, Whitney, Benda, Landon Gibbs, Gibbs, Raelyn Wilson, Wilson Organizations: Tourists, Broadway, Getty, Thyme, CNBC, Nashville, Nashville Health Care, Healthcare, HCA, Community Health Systems, Acadia Healthcare, Vanderbilt University, Vanderbilt University Medical Center, Belmont University, Meharry Medical, Monogram Health, Downtown, Istock, Amazon, Oracle, Bank, Greater Nashville Venture Capital Association, Center, Nashville Area, of Commerce, Force, Ventures, Greater, Greater Nashville Technology Council, Nashville Health Care Council, HCA Healthcare Locations: NASHVILLE , TENNESSEE, Nashville , Tennessee, Fort Lauderdale , Florida, Nashville, UKRAINE, U.S, Acadia, Downtown Nashville , Tennessee, Music City, Rocky, Colorado, Boston, Greater Nashville, Cumberland

Scientists are setting out to collect genetic material from 500,000 people of African ancestry to create what they believe will be the world’s largest database of genomic information from the population. The initiative was launched Wednesday by Meharry Medical College in Nashville, Tennessee, as well as Regeneron Genetics Center, AstraZeneca, Novo Nordisk and Roche. Organizers said there’s a clear need for the project, pointing to research showing that less than 2% of genetic information being studied today comes from people of African ancestry. Each of the pharmaceutical companies involved intends to contribute $20 million toward the genetic and educational parts of the effort. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.

Persons: Meharry, ”, Anil Shanker, Lyndon Mitnaul Organizations: Meharry Medical College, Genetics Center, AstraZeneca, Novo Nordisk, Roche, Genomics Institute, Organizers, Regeneron Genetics, University of Zambia, Project, Genetics, Corporate, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Nashville , Tennessee, Americas, Asia, Europe, Nashville, U.S, Africa, Meharry

☆ 2 Nashville millennials share how they're fighting loneliness in a broken housing market
▼ + stars: | 2023-05-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +9 min

Car-centric neighborhoods with few shared spaces exacerbate loneliness, research has found. She moved into a walkable neighborhood in downtown Nashville and paid $500 a month to rent a room in a house with roommates. She credits the neighborhood's walkability, shared spaces, and dense housing with boosting her social connections. And those ties are much easier to form in neighborhoods with welcoming shared spaces and programming. "We have the green spaces in the neighborhood to do all that kind of stuff, which is something we just didn't have in the old neighborhood," Hughes said.

☆ Harris backs expelled Tennessee lawmakers, chides Republicans for ousting them
▼ + stars: | 2023-04-08 | by ( Cheney Orr | ) www.reuters.com time to read: +5 min

Republicans who control the Tennessee House of Representatives on Thursday expelled two young Black lawmakers who last week led protesters into the well of the House floor, while a resolution to remove a white representative came up one vote short. The Republicans ousted Justin Pearson, 28, of Memphis, and Justin Jones, 27, from the Nashville area. They staged the protest for gun reforms following the March 27 shooting at a Nashville school that killed three 9-year-old students and three adults. With a 75-23 advantage over Democrats in the House, Tennessee Republicans took the extraordinary measure to expel their Democratic colleagues, citing their disruption of orderly House business. Just two state lawmakers had previously been expelled since the U.S. Civil War.

☆ Harris visits Tennessee after lawmakers expelled over gun protests
▼ + stars: | 2023-04-08 | by ( Cheney Orr | ) www.reuters.com time to read: +4 min

[1/7] U.S. Vice President Kamala Harris speaks during an address after the Tennessee House of Representatives voted to expel two Democratic members, representatives Justin Pearson and Justin Jones, for their roles in a gun control demonstration at the Tennessee State Capitol, in Nashville, Tennessee, U.S., April 7, 2023. Just two state lawmakers had previously been expelled since the U.S. Civil War. Tennessee Representative Yusuf Hakeem, a Democrat, said Harris' visit showed "the White House is very interested and concerned in a meaningful way," adding that he does not expect protests to fade. Nearly 50 organizations, led by gun safety advocacy group the Newtown Action Alliance, called for nationwide student walkouts in solidarity with those in Tennessee. Members of the Tennessee General Assembly's Black Caucus at a news conference on Friday said Republicans had sunk to new lows.

☆ Harris chides Tennessee Republicans for ousting state lawmakers
▼ + stars: | 2023-04-07 | by ( Cheney Orr | ) www.reuters.com time to read: +5 min

The Republicans ousted Justin Pearson, 28, of Memphis, and Justin Jones, 27, from the Nashville area. They staged the protest for gun reforms following the March 27 shooting at a Nashville school that killed three 9-year-old students and three adults. [1/7] U.S. Vice President Kamala Harris speaks during an address after the Tennessee House of Representatives voted to expel two Democratic members, representatives Justin Pearson and Justin Jones, for their roles in a gun control demonstration at the Tennessee State Capitol, in Nashville, Tennessee, U.S., April 7, 2023. With a 75-23 advantage over Democrats in the House, Tennessee Republicans took the extraordinary measure to expel their Democratic colleagues, citing their disruption of orderly House business. Just two state lawmakers had previously been expelled since the U.S. Civil War.

☆ Three children, 3 adults shot dead by ex-student at Tennessee Christian school
▼ + stars: | 2023-03-27 | by ( Kevin Wurm | ) www.reuters.com time to read: +6 min

NASHVILLE, Tennessee, March 27 (Reuters) - A heavily armed 28-year-old fatally shot three children and three adult staffers on Monday at a private Christian school the suspect once attended in Tennessee's capital city before police killed the assailant, authorities said. Drake said the school was singled out for attack but the individual victims were targeted at random. [1/6] Students from The Covenant School hold hands after getting off a bus to meet their parents at the reunification site following a mass shooting at the school in Nashville, Tennessee, U.S., March 27, 2023. Reacting in Washington to the latest school shooting, U.S. President Joe Biden urged the U.S. Congress again to pass tougher gun reform legislation. Nashville Mayor John Cooper expressed sympathy for the victims and wrote on social media that his city "joined the dreaded, long list of communities to experience a school shooting."

☆ Cities in Tennessee are constantly getting named the best places to move. Are they?
▼ + stars: | 2023-02-09 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +3 min

Tennessee cities like Chattanooga and Knoxville often show up on lists of the best places to live. Even smaller Tennessee cities have experienced an influx in movers. Even Nashville dwellers are turning their back on city life and spreading out in smaller Tennessee towns like Clarksville, Pleasant View, and Ashland City, according to Frate. "In 2017 my average sales price was in the $180,000s," Frate said. "Now my average sales price is in the low to mid $300,000s."

☆ A fire-ravaged Tennessee mansion that went viral after being listed on Zillow for $1.5 million is being bought by a British entrepreneur: 'We live in a throwaway society and I don't think that's alway
▼ + stars: | 2023-01-27 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

A British entrepreneur is buying a fire-ravaged Tennessee mansion listed on Zillow for $1.5 million. Mike Thakur told Insider he and his wife "have never been scared of a challenge." The Zillow listing, complete with pictures of the fire damage, has been viewed nearly 450,000 times. The burnt-out mansion, in Franklin, Williamson County, was built in 1997, according to its Zillow listing. The Zillow listing has received nearly 450,000 views.

☆ Corporate entertaining has come roaring back
▼ + stars: | 2022-11-08 | by ( Alexandra Peers Cnn Business | ) edition.cnn.com time to read: +6 min

Boosted by a Covid-era tax break-window that closes at the end of the year — and under pressure to cement ties and reassure clients — companies are now spending big on wining and dining current and potential customers. The company, which has operations globally, needed something that would make clients “want to get on a plane from Singapore, from Japan” to attend. “It’s just like when kids go back to school and don’t want to, but then they get excited,” he said. And in the restaurant, guests typically opt for the $298 chef’s tasting menu — $468 with wine pairings. The deduction, which was meant to help support restaurants during the pandemic, only applies to restaurant meals, and only if a member of the client company is present.

☆ Dolly Parton says she doesn’t plan to tour again, confirms she's working on a rock 'n' roll album
▼ + stars: | 2022-10-28 | by ( Alexander Kacala | ) www.nbcnews.com time to read: +2 min

In an interview with Pollstar magazine published Thursday, Parton said she plans to do occasional "special shows" but doesn't think she'll tour again. When it comes to her fervent fans, Parton thanks technology for keeping her so connected to them without touring. “You can do special shows in special ways. I will be doing some of that.”Parton also said she's working on a rock ’n’ roll album and hopes to have some legends of the genre sing with her. "When I got nominated for the Rock & Roll Hall of Fame, I thought 'Well, no better time to do it,'" she told Pollstar.

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