The median price for a home in the Nashville market rose 3.5 percent from Q1 2012 to Q1 2012 — a respectable clip but far behind the marks of our Southern peer/competitior cities.
According to numbers from the National Association of Realtors (see here), Austin saw an increase of 8.7 percent. Charlotte's figure was 11.4 percent. Jacksonville's mark was 13.2 percent, while Orlando enjoyed a rise of an impressive 16.5 percent.
In fairness to Nashville, these cities' housing markets, compared to ours, may have been in a far less healthy state in the first quarter of 2012, somewhat distorting the true measuring accuracy of their median home price increases a year later. Still, as Nashville continues to compete for jobs, growth and bragging rights, the percentages cannot be ignored.
As in many other industries, technology has a habit of quickly replacing old equipment in the music business. But with many musicians and listeners yearning for the feel and sound of vintage instruments, a small company out of Gainesville, Fla., has found a way to reconcile those two trends.
ToneRite, which is one of the hundreds of companes exhibiting at the Summer NAMM conference this week, has created a device capable of simulating the amount of vibrations guitar strings would receive after being played vigorously for more than 30 years.
The main idea behind the device is to provide guitar players with a string vibrator that is able to recreate the vintage sound of 1970s-era electric and acoustic guitars — something that normally takes decades to develop — in a matter of days.
ToneRite, which launched its first product in 2007, now has about nine employees and a range of products for different instruments. According to ToneRite global relations manager Andrew Solomon, the device his company is named for “fuses together tradition and technology,” which he said is something the music industry tends not to do.
A jury in Jacksonville has awarded a man $178 million — $10 million of the dollar figure punitive — after ruling that doctors at HCA Holdings' Memorial Hospital Jacksonville missed a complication from gastric bypass surgery. As a result, Clay Chandler said he suffered damage to his eyes and brain. HCA officials say they plan to appeal the massive award.
Frozen yogurt chain Sweet CeCe's will next week open the doors to a Jacksonville store that will be its first in Florida. Moving into the Sunshine State gives CeCe Moore's concept a presence in nine states. Also coming soon is an expansion into San Antonio. Check out the chain's growing footprint here.
Reports surfaced Wednesday in Florida that Solantic, the operator of urgent-care clinics founded a decade ago by former Columbia/HCA boss and current Florida Governor Rick Scott, will move its headquarters to the Nashville area. Just how many folks are making the move into which area building isn't yet clear, but a spokeswoman told the Jacksonville Daily Record the relo will be wrapped up before the year is out.
However, later reports and a statement from Scott's office said the HQ is not leaving North Florida. The Middle Tennessee presence will be "another corporate office," it was said.
Splitting hairs to appease the governor and co-founder, who sold his stake almost a year ago? Maybe. Either way, a key player in the new office and Solantic's expansion plans appears to be Mike Klein, the former Renal Advantage CEO who has led Solantic since May.
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