RealtyTrac is reporting that foreclosure activity inMemphis is up four straight months and even though some in Memphis are disputing that, the trends we are seeing follow the reporting from RealtyTrac pretty closely.

In residential real estate investing, it is often the smallest details that make or break the profitability of an investment property.  For many of our clients these all important details fall on our shoulders as the property management company who oversees their properties and in some cases, their profitability.

As happens so often in business, it is easy for their to be un-intended circumstances that come from even the simplest of actions.  Many companies love to tout their long-term business models and forecast on the strength and volume of their business.  When it comes to smaller operations (ones like ours) where there are fewer than 50 employees and often times little changes lead to big things, it is very easy to draw a line between actions and results.

Memphis Invest has earned a reputation among our clients and even our peers as a company that truly understands how investors want to calculate REAL value.  Too often, investors are fooled into thinking that the value of real estate is the price you pay for it.  I cannot tell you how often investors contact us after having bought "great property" right here in Memphis from a company located in a state like California or Nevada and they are having trouble getting it renovated and occupied.  Their idea of great is the cheap price they paid for it.  The reality is a 900 square foot 4 room shack located in an area that very few want to visit, much less do renovation work and management. 

Many of the recent articles you read on the housing market seem to convey almost polar opposite messages.  Markets are up, other markets are down and no two pollsters, spinsters or prognosticators seem to agree on exactly what is happening.  Real Estate Investors have to get past all the white noise of the national housing market and get down to the fundamentals of particular markets that provide quality, stable investment opportunities.

Memphis, Tennessee  - Chandler Reports, the leading provider of real estate data, research and consulting information in the West Tennessee area, released the final numbers for real estate transactions in the Memphis area for February 2011.  After leading the Memphis greater metropolitan area for home sales in 2010, Memphis Invest has started 2011 strong leading both January and February in home sales.

Memphis continues to be the beneficiary to big announcements from major corporations intent on growing and developing new operations in Memphis.  With the announcement this week of 275 additional long term jobs, those who are investing in Memphis real estate have have 275 more reasons to smile!