Memphis Real Estate Featured on the Today Show

This week on the Today Show, Barbara Corcoran of Corcoran Real Estate, and NBC’s Shark Tank, discussed 5 Markets Poised for a Real Estate Comeback. Of those 5 Markets, Memphis was listed as the 2nd market in her feature.

Corcoran stated that Memphis is seeing appreciation, and population growth because of its ability to recruit and retain businesses related to distribution. Smart Money has reaffirmed this by stating that distribution and transportation businesses are the first to lead an economic recovery.

This should make Memphis poised to reap the benefits of the economic pendulum swinging back when the economy heats back up.

I sent Barbara a quick note to thank her for the mention and her reply says it all. Just be sure your buying property in the right area.

I strongly recommend:

3 bed/ 2 bath

2 car garage (where possible)

Newer homes

In sticking with these investment homes preferably homes which appraise for $75,000-$125,000+, you remove some of the concerns of vacancy, maintenance, and general issues hard to deal with when you live out of state.

- Ryan Hinricher, Founder, Housing Analyst

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