I make it a point to try and get as much information onMemphis, Tennessee and especially the real estate industry every day.  Often that means reading as many different newspapers, periodicals and blogs to make sure I am up to date and able to tell the most accurate story possible about investing in Memphis.  Every once in a while, I come across something that, even though it doesn't have anything to do with real estate investing...it does!

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!

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.

Memphis, Tennessee has not been immune to the pains of a slow economy and some small companies have certainly suffered over the past few years.  However, while the economy has put the squeeze on many small businesses and single man operations, the investment housing boom in cities like Memphis has helped some small businesses flourish. MemphisInvest.com, formally known as Memphis Invest, GP, is a family owned real estate investment company who has led a resurgence for several local small businesses and even helped grow their services during the recession.

It's not often that I let Marq out of his office and on an even more rare occasion that I let him write a blog!  But, I thought what the heck, he makes some good points and is actually writing in complete sentences.  I am actually kidding around here.  Marq is very intelligent and has helped hundreds of Memphis invest clients with building their Memphis investment property portfolios.  I trust him implicitly to take care of all of our clients and I think this blog post is a great illustration of how far he has come!

I am a big believer in keeping yourself up to date with the latest news from the real estate world.  I have been reading the DSNews everyday and I have begun to link to articles form the site and even re-print when I think they are news worthy to real estate investing in Memphis.  This article definitely defines one reason we are having so much trouble getting a housing recovery to take hold and gain traction.

DSNews writer, Carrie Bay published an article today citing Barclays' bank analysts pointing toward a continued drop in pricing around the country, but a slowing of the foreclosure process and eventual bottoming of pricing.

This is a trend we have been seeing in Memphis foreclosures as the number filings slows and inventory reduces.  The number of properties in Memphis in pre-foreclosure notice status and behind on payments continues to remain high, but is expected to level off and be reduced over time.