It’s been a while since we addressed our hometown. Like the rest of the Midsouth, Memphis has been a hotspot for real estate activity over the past year. Memphis has always attracted families and young professionals for its opportunities in healthcare and other industries and, most notably, its affordability.
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Your Summer 2021 Memphis Area Market Update
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Investors Can’t Afford to Sleep on the Booming Memphis Real Estate Market
When an opportunity is at your doorstep, it’s best to pay attention. For real estate investors, there is nothing more exciting than a real estate market on the rise. The moves we’ve seen in the Memphis real estate market over the past year shows profound promise for homeowners, sellers, and investors alike.
Here’s everything that you need to know.
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Real Estate: Memphis Economy Feeling The Impact of Electrolux
Local firms have felt the initial impact of Electrolux moving to Memphis to the tune of $64 Million in contracts
When Memphis Invest, GP travels to different parts of the country meeting with investors, one of the first suggestions we make is to forget about the houses for the time being and concentrate on the market. More to the point, concentrate on the economics of the market and the fundamentals of that economy. Memphis and even Dallas, which is our newest market (more on that later) both have strong economic prospects. Once an investor has identified that the market they are studying, then the team and investment property decisions can be made.
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Memphis Investment Real Estate | Memphis Jobs Update
Memphis Firms Continue Expansion Plans
Several Memphis companies are continuing with plans to expand operations, invest in new equipment and infrastructure and hire new employees. While there is still some economic uncertainty, there also seems to be an air of optimism surrounding plans by companies headquartered and operating in Memphis for an economic turn-around. That turn-around is fueling plans for increased warehousing and distribution needs. We are often asked about the real estate landscape in Memphis and investing in Memphis property has as much to do with the economic outlook as it does the house itself when it comes to long-term success. Investors should be looking for areas of the country that are stable and reliable when it comes to the greater economy as that will be a sure driver for real estate demand.
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Memphis Real Estate | Good News Keeps Coming
Three research or news organizations have ranked Memphis real estate at or near the top of major real estate news stories over the past few months with a brand new research paper being released this past week showing Memphis as the #2 market in the country for affordability. The Council for Community and Economic Research (C2ER) gathers data from 309 urban areas to rank them in their Cost of Living Index (COLI) and Memphis has always ranked as one of the most affordable cities to live in as well as raise a family and invest.
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Memphis Real Estate | Memphis Invest releases Smart Phone App
For all of our investment real estate clients and even interested investors who have been asking for an easy way to see properties on the go, we are releasing the first version of our smart phone app. Memphis real estate is hot and our new app is just one of the new ways we are developing for investors to stay on top of what's going on here at Memphis Invest...AND the download is F-R-E-E!
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Memphis Real Estate | Investors Cheer News of Partnership With France
As a real estate investor myself and as a partner who works with real estate investors from around the world, it is music to my ears when I hear about the leadership of our city being proactive in telling the great story that is Memphis, Tennessee. I have spent countless hours on the road over the past 18 months, talking to investors from coast to coast about the advantages of Memphis as a real estate investment city and how companies like MemphisInvest.com are not alone in turning the city around. When stories like this one come out, it makes my job easier and makes my investment portfolio poised for growth in the very near future!
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Memphis Investment Real Estate | New Brewery to Add 500 More Jobs
If you've heard Memphis Invest speak at various events around the country, you've heard us talk about the 'intangibles' that make Memphis investment properties unique when compared to other real estate investing cities. One of the unique characteristics that makes Memphis a great city for real estate investors is the location and, because of location, the industries that support the city. Here is another great example of the tremendous economic growth that is expected for the city and how that growth effects real estate investors.
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Memphis Real Estate Will be Helped by New Jobs
Swedish appliance maker Electrolux announced a deal this week with Memphis City and Shelby County leaders to build a 700,000 square foot manufacturing facility in Memphis that will be fully operational by 2012. The new facility will employ 1,200 workers and it's suppliers and offshoot companies will add an addtional 2,000 jobs to the Memphis area. For Memphis real estate investors, news like this is music to our ears.