The Memphis Chamber of Commerce recently released their 2010 report outlining the successes of Memphis business. I was struck by several of the projects and awards that Memphis has won and even more encouraged as a real estate investor by the dramatic effect these awards and projects will have on the over-all value of the city. One major push I was happy to hear about was the push to move Memphis forward on the list of International business cities.
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Memphis real estate investors continue to get good news from independent analysts on the near future for Memphis investment properties.
Clear Capital recently released its' Home Value Index report for 2011 with data on major real estate markets around the country and their chief economists updated predictions for those markets. As has been the case in the past, there are pockets of the country that seem almost unaffected by the housing crisis and other parts of the country that may never recover. Memphis appears to be somewhere in the middle as economists are predicting Memphis Real Estate to appreciate 3.2% in the coming year. That may not seem like a big boost, but Memphis is one of only four markets expected to appreciate in the coming year.
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Do you read the daily articles in Yahoo real estate news? How about DSNews.com?
These are two great real estate sites for keeping up with the everyday news and I happened across two articles today that I thought everyone should know about. I will link them at the bottom of the page.