Plus, Will Levis named starting quarterback.
 
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Today’s Forecast

83º | Sunny | 10% chance of rain | Sunrise 6:16 a.m. | Sunset 4:44 p.m.
 

👀 All eyes on Nashville

Nashville’s real estate scene remains No. 1 ‘Market to Watch’
NASH_Skyline_Pexels_GIF.gif
Nashville ranks as the No. 1 real estate market to watch — again. | Video via Pexels, gif by NASHtoday
The “Great Reset.” That’s what some professionals are calling the post-pandemic era of real estate, marked by shifts in interest rates, construction costs, and market demand.

So, what does that mean for Nashville?

Last week, we shared that Music City remains a highly sought after real estate market, ranking No. 1 for the third year in a row on the Urban Land Institute’s 2024 Emerging Trends report for the US and Canada.

As the oldest, largest network of real estate and land use, ULI annually forecasts high-level trends for the next year in real estate. Here’s how a few could apply to Nashville.

Housing inventory

Forecast: Housing affordability remains an issue, putting on more pressure to increase housing supply.
In Nashville: Nashvillians must earn $124,095 to afford a median-priced home. In October, the housing inventory in Nashville reached five months. This number is up from 3.5 months at the same time last year and falls within the recommended five-to-six months healthy market range.

Office vacancy

Forecast: As remote work grows, the reduced need for office space could potentially affect migration patterns and housing preferences.
In Nashville: Nashville gained 10,000+ remote workers during the pandemic — a net gain comparable to Dallas and Portland. Nashville’s office vacancy rate is 20.8%, the highest in over a decade. A projected pause in new office supply could bring relief to the market.
Forecast: High interest rates and increased rental supply are temporarily affecting rental rates.
In Nashville: The average monthly rent in the Nashville metro area stands at $2,165, with median rent prices showing a 1.81% year-over-year increase.
Events
Wednesday, Nov. 8
Thursday, Nov. 9
  • Rennie Harris Presents: Rome & Jewels | Thursday, Nov. 9-Saturday, Nov. 11 | Times vary | OZ Arts Nashville, 6172 Cockrill Bend Cir. | $25+ | Dueling DJs lay the beats for this story of fear, love, and triumph set in the streets of Philadelphia.
Friday, Nov. 10
  • Improvised Shakespeare | Friday, Nov. 10-Saturday, Nov. 11 | Times vary | TPAC’s Andrew Johnson Theater, 505 Deaderick St. | $47.90+ | Prepare for an evening of spontaneous comedy as a fully improvised Shakespearean play comes to life on stage.
  • Create Your Own Festive Cookie Cough | Friday, Nov. 10 | 5-9 p.m. | NoBaked Cookie Dough, 1200 Villa Pl. | $15 | Mix up your own festive cookie dough at the shop — registration required.
Saturday, Nov. 11
  • Breakfast with Charlie Brown and Friends | Saturday, Nov. 11-Sunday, Nov. 12 | 7:30-11 a.m. | Ravello at Gaylord Opryland Resort, 2800 Opryland Dr. | $32.99+ | Take photos with members of the Peanuts gang, including Charlie Brown, Lucy, and Snoopy.
  • Perfecting the Art of Pie with CaityPies | Saturday, Nov. 11 | 10 a.m.-1 p.m. | The Nashville Food Project, 5904 California Ave. | $120 | Caity Guszkowski walks you through each step of her baking process — leave the class with a ready-to-bake apple pie.
Sunday, Nov. 12
  • A Story To Tell…featuring Mavis Staples | Sunday, Nov. 12 | 7-9:30 p.m. | The Factory at Franklin, 230 Franklin Rd., Franklin | $87.21+ | The rhythm and blues and gospel singer will be joined by Tommy Sims, Tom Douglas, and special guests.
Events calendar here
Click here to have your event featured.
 
News Notes
Concert
  • Kenny Chesney fans: You’ll want to be at Nissan Stadium when the sun goes down on Saturday, Aug. 3. The country artist will be joined by special guests Zac Brown Band, Megan Moroney, and Uncle Kracker. Tickets go on sale Friday, Nov. 17.
Announced
  • Will Levis is officially the new starting quarterback for the Tennessee Titans, with Ryan Tannehill as the backup. In his two starts, Levis completed 41 of his 68 passes for 500 yards with four touchdowns and one interception. The Titans play the Tampa Bay Buccaneers on Sunday, Nov. 12.
Sports
  • Nashville SC’s playoff run — and their 2023 season — has come to an end. The team fell 1-0 to Orlando City SC last night in Game 2 of a best-of-three first-round series in the MLS Cup Playoffs. (The Tennessean)
Civic
  • Metro Council’s newly-appointed East Bank Committee meets for the first time today. The seven-member group is tasked with gathering and reviewing information related to the new Titans stadium and ongoing East Bank development. Review the agenda.
Ranked
  • Belmont University’s entrepreneurship program within the Jack C. Massey College of Business ranked No 1. in Tennessee, No. 6 in the south, and No. 26 overall in new rankings by The Princeton Review in Entrepreneur magazine.
Biz
  • Small Business Saturday is just around the corner — Nov. 25, to be exact. What local businesses will you be supporting + which local deals should we check out? Let us know and we may feature your recommendation in an upcoming newsletter.
 
Seasonal

‘Tis the season of giving

Where to find toy drives in Nashville
Two people, one holding a toy to donate, in front of a vehicle packed with toys
The zoo is offering a complimentary admission ticket for every new toy donated. | Photo via Nashville Zoo
Kick off the holiday shopping season by donating new and unwrapped gifts to local toy drives.

Jingle Toy Drive | Ongoing | Make a donation or sign up to fundraise to support holiday gifts and special programming for patients at Monroe Carell Jr. Children’s Hospital at Vanderbilt.

Jelly Roll’s Toy Drive | Through Friday, Dec. 15 | Eight area Walmart locations are accepting toys for distribution through MNPD and NFD.

Elan Skin Toy Drive | Through Saturday, Dec. 30 | Receive a discount on select Elan services for every toy donated.

MNPD’s Annual Toy Drive | Saturday, Dec. 2-Sunday, Dec. 3 | Metro police officers will collect toys in the zoo’s parking lot from 9 a.m. to 4 p.m. Bonus: The zoo is offering a complimentary admission ticket for every new toy donated (limit of two tickets per family).

Is your local toy drive not on our list? Tell us about it so we can spread the holiday cheer.
3 more ways to give
The Buy

The Buy 11.08.23 (Affiliate + Six & Main)
One of these gifts. All under $25, all adorable.
Answered

On Monday, we asked if you prefer to “spring forward” or “fall back.” Here’s how you voted:

30% — Spring forward. I love the longer summer evenings.
8% — Fall back. Extra hour of sleep, please.
62% — Neither. Why are we still doing this?

Missed Monday’s newsletter? We know it’s not always easy adjusting to the end of daylight saving time — tap the button below for 15+ local resources.
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The Wrap
 
Dylan

Today’s edition by:
Dylan
From the editor
Nashville SC has partnered with the Arts & Business Council of Greater Nashville to open a new call to artists for the stadium’s Soundwaves Gallery. The upcoming theme is “Glory Music City” + pieces will be displayed for the entirety of the 2024 season. Learn more.
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