Memphis Home Sales are Solid in Mid 2016

Sales of homes in Memphis continue to increase as 2016 progresses. Total sales in June reached 1,781 for the month. An increase of 5.9 percent over last year. “June was a really good month,” said Joe Steffner, Memphis Area Association of Realtors (MAAR) president, in a press release. “And for the year we are well

Read More »

Memphis A Great Place to Retire

When it comes to a retirement community, you’ll find plenty of options and reasons to select Memphis. Of course, retirees need more than a nice climate and a place to live. The amenities and resources for retirees are plentiful in the Memphis region. Memphis abounds in recreation centers, places to find delicious food, opportunities to

Read More »

Bragging About Memphis

Beyond the strong real estate market, Memphis has a lot to offer visitors and residents alike. From the best barbecue, to great sports, to world-class museums, to hands on activities, Memphis has something to offer everyone.

Memphis – The Place to Flip Houses

In several posts, I’ve mentioned Memphis as the best metropolitan area to invest in turnkey rentals (it’s still accurate). However, getting from distressed foreclosures to turnkey rentals presents a great opportunity for those that prefer flipping houses instead of being landlords.

Memphis Residential Real Estate Today

Year on year, Memphis has experienced a 14.5% decline in total residential listings. However, May 2013 saw a shift in the market as listings increased 1.3% from the previous month. An indication that sellers are coming into the market. What is significant is the average listing time is down to 58 days. That is 28% less than the national average.

Why Invest in Memphis Homes?

Memphis has long been known for it’s decent, plentiful, and affordable housing. Among the many attractions to investors today is the fact that Memphis has developed into a suburban city of detached homes with sizable yards at prices below the national average. Making it even more attractive to investors is the fact that it’s a city of middleclass renters where 48% of the population rents.

Memphis Market Trends: Spring 2013

The current housing market situation in the Memphis area in shows an increase of 18 percent in sales for April 2013 as compared to April 2012 in total units according to the Memphis Area Association of Realtors data. Total inventory for the Memphis area, however, according to The Commercial Appeal, indicates that January 2008 inventory

Read More »

More Retail Opportunities Coming to East Memphis

Memphis residents will soon have more retail options to enjoy on Poplar. A half-acre lot, where the Value Brakes location at 3341 Poplar Avenue used to stand, will soon be re-imagined for new businesses and storefronts. The building has already been demolished by work crews, leaving a blank slate for the developers to bring new life into the area.

Nashville Suffers Worst February Sales In Forever

In real estate news from Nashville, Tennessee, the market there took its worst hit in 10 years when home sales went through the basement in February. According to a report from The Tennessean, home sales feel over 12% compare to February, 2010. A report from the Greater Nashville Association of Realtors showed homebuyer interest in Nashville at an all time low.

RealtyBizNews: Real Estate Marketing & Beyond