Category Archives: Memphis Market Data

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 →

Ground-breaking on New Plant in Memphis commences:

Posted on October 13, 2011 by Ryan Hinricher

Job growth, while rare, does exist in some markets.  In Memphis, the new $190 million Electrolux appliance plant broke ground on October 5th.  The plant will hire 1200 new employees and it is estimated an additional 1500-2000 supplier jobs will be created in the Memphis area. Electrolux will close its … Continue reading →

Memphis Flood Update:

Posted on May 10, 2011 by Ryan Hinricher

I’m sure you’ve been watching the news over the last few days and seeing Memphis in the headlines.  The Mississippi River is a few inches shy of an all time record crest.  Despite this the vast majority of the Memphis area’s 1.4 million residents sit well above the areas which … Continue reading →

Clear Capital: Memphis Home Prices Rise Fastest

Posted on March 10, 2011 by Ryan Hinricher

Clear Capital the asset valuation and risk assessment data provider, reported that home prices in Memphis, TN rose faster than … Continue reading →

Mitsubishi Selects Memphis for Location of New Plant

Posted on February 16, 2011 by Ryan Hinricher

Mitsubishi Electric announced it will build a $200 million facility as its headquarters for the Group’s heavy electrical equipment production in North America.  The 350,000 sq-ft plant will manufacture large rail-car sized transformers.  Being closer to Memphis’ growing rail facilities was a component of its decision.  The new plant employ … Continue reading →