Bill Diebenow Properties

Another exciting tech vote for Nashville!! Global IT consulting company Capgemini confirmed its major new hub in Nashville on Wednesday, forecasting that it will employ as many as 1,000 people. The Nashville office at the Broadwest development in Midtown - also home to Parks Realty - will specifically focus on Capgemini’s capabilities in enterprise application modernization, artificial intelligence, machine learning and IoT [internet of things] solutions. The addition of Capgemini adds another international name to the roster of tech companies in Nashville, bolstering the Greater Nashville Technology Council's push to double the area's tech jobs by 2025. Other notable arrivals include Amazon.com's 5,000-job downtown operations hub, the 8,500 jobs Oracle Corp is planning for a waterfront campus and a hub from a wing of Japan-based NTT Data. Click thru to the Nashville Business Journal article.

A couple interesting stories here. For a broad brush, millennials have accounted for the largest share of home buyers over the past year—37%, reports Barron’s. Expanding wealth, growing families and ultra-low mortgage rates are prompting more millennials (22% of the US population) to become homeowners. Diving deeper, millennials made up a higher share of the potential homebuyers in the Midwest markets and in metros with high-tech job opportunities. Want to check out where they are landing? Metro Nashville sits in the 52-55% quadrant of buyers in the millennials age bracket of 26 to 41 years old. View the following articles. Barron's Millennials Fuel the Housing Market ******* Corelogic Millennial Homebuyers Dominate in High-Tech and Midwest Metros