Category Archives: Manhattan Market Data

Memphis Clocks in at 2nd Least Expensive City

The Council for Community and Economic Research just released its quarterly Cost of Living Index showing the least and most expensive cities to live in.  Memphis, TN came in at the 2nd least expensive cost of living (inexpensive real estate), while New York, NY’s boroughs came in 3 of the … Continue reading

Bloomberg’s Bold New Waterfront for Manhattan

Mayor Michael Bloomberg unveiled a new plan to invest $3 billion into Manhattan’s waterfront over the next 3 years.  Included are areas we’re targeting in Northern Manhattan adjacent to the waterfront.  The plan part of a larger Vision 2020 New York City Comprehensive Waterfront Plan.  The northern part of Manhattan … Continue reading

Manhattan Prices About to Take Off (Again)

Up until 2010, Manhattan prices had risen on average of 10.2% per year going back to 1997.  Manhattan has been somewhat insulated throughout the housing crisis, being buoyed foreign investors capitalizing on a weaker US dollar, and fast comeback of Wall Street. But by In 2010, the median home price dropped from … Continue reading

Prime Investment Inventory at 3-Month Supply in Memphis

Nationally home inventories stand at a 10.5 month supply with even more properties sitting in the shadow inventory. While existing supplies of active inventory are nearly twice what is considered healthy (under 6 months is often the benchmark), there are far less high investment quality homes available in the Memphis … Continue reading

Memphis 4-Year Projected Price Appreciation: 19.5%

Bloomberg Businessweek offered up an article called, “America’s Strongest Housing Markets’.  Memphis was featured as the strongest in Tennessee and a contender for one of the strongest in the US with a 19.5% 4-year price appreciation. For the full article, click the image below. – Ryan Hinricher, Founder, Senior Housing … Continue reading

Experts Weigh in on Memphis Real Estate

>>> “#1 City for Real Estate Steals in 2010” US News and World Report, Feb 2010 “Top 10 Housing Markets Across America” Forbes Magazine, Feb 2010 “5 Markets Expected to Fare Best in 2010” Smart Money Magazine, Dec 2009 “The 5 Best Real Estate Markets for 2010” MSN Real Estate,  … Continue reading