Category Archives: Memphis Market Data

Memphis Ranked 3rd in 2011 Hiring:

A recent Gallup survey placed Memphis in line with San Antonio and Houston, TX in hiring for 2011.  The survey showed that 38% of employers in each of the mentioned cities were hiring.   At the bottom were Riverside-San Bernardino, CA, Virginia Beach, VA, and Las Vegas, NV with 23% … Continue reading

Memphis Tops List of Best Cities to Find a Job in March

According to Careercast.com, Memphis, TN topped their list of the best cities to find a job in March.  The firm takes the number of new job openings in a metro area and divides it by the population.  In Memphis, the number of new openings was up 14% from the prior … Continue reading

Memphis Inventory Down 14% in 2011

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

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

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)

Despite improving market conditions, many neighborhoods in the Memphis metro are still depressed.  As an investor, one has to look at price points for a given neighborhood when evaluating a property.  For example if the median home price in a neighborhood you’re considering a purchase in is $20,000, then anything … Continue reading