Category Archives: Memphis Market Data

Memphis Inventory Down 14% in 2011

Posted on January 19, 2012 by Ryan Hinricher

Over the last 12 months, inventory in Memphis has dropped by 14%.  Since 2008, inventory levels are down nearly 43% in the Memphis metro area.   And while supply stands at roughly 8 months worth, the pace of sales should increase in 2012 due to an improving local economy, continued … Continue reading →

Shelby County Schools Receive Highest Rating

Posted on November 10, 2011 by Ryan Hinricher

AdvancED, the world’s largest education community and accreditation authority, recently awarded Shelby County Schools their highest rating – “highly functional”. The rigorous process evaluates schools on seven areas: vision and purpose; governance and leadership; documenting and using results; resources and support systems; stakeholder communications and relations; commitment to continuing improvement; … Continue reading →

Memphis Clocks in at 2nd Least Expensive City

Posted on November 1, 2011 by Ryan Hinricher

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 →

Median-home prices by neighborhood (Memphis MSA)

Posted on October 26, 2011 by Ryan Hinricher

Despite improving market conditions, many neighborhoods in the Memphis metro are still depressed.  As an investor, one has to look … Continue reading →

Memphis Rental Rates on the Rise

Posted on October 21, 2011 by Ryan Hinricher

A combination of inflation and rental demand has caused rents to rise in 2011.   Rents in Memphis reached a cyclical high of $752 in 2008, then fell 5% in 2009.  Now demand for rentals has risen as many Memphians are unable to qualify for record low rate mortgages.  Rents … Continue reading →

Two Investor Nation Markets in Top Twenty to Invest:

Posted on October 20, 2011 by Ryan Hinricher

Orlando edged up one spot to become the 3rd best market to invest in, while Memphis vaulted 7 spots to enter the top 20, according to a forecast by Local Market Monitor, Inc.  The firm’s rankings show the return risk premium, or extra return that can be added to the … Continue reading →