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The Memphis area real estate industry and manufacturing industry have been bright spots for the local economy, according to data compiled for the Beige Book report by the Federal Reserve Bank of St. Louis. The Memphis movers have found that the local residential home sales in Memphis has risen 11 percent from month to month […]

The hopes are high for the Memphis area community banks who have placed a lot of faith in the real estate market and the mortgage arena. Community banks in the Memphis metro area have taken the recent real estate trends as an upturn for the local real estate industry. Low interest rates, residential gains, and […]

January was a fruitful month for residential realtors in the area, according to a report produced by the Memphis Area Association of Realtors. Final numbers showed an increase over January 2012 homes in January 2013 by about 46 percent. A total volume of 1,259 homes were sold in January at a median price of $88,000, […]

Next month, Memphis will play host to realtors from all over with the 10th Annual Commercial Property Forecast Summit. The event will take place at the Germantown Performing Arts Center on February 7, 2013, with special focus on the Memphis area commercial real estate market. The Germantown movers are glad to host the city’s professionals […]

In a twist for the better, the need for employees in the Memphis area has peaked as plans to expand a Nike distribution facility in 2014. If expansions go on as predicted, the company could add over 250 positions. The Memphis metro area had an 8.4 percent unemployment rate this past September, despite many open […]

Shelby County has posted positive numbers for home sales in the third quarter, according to real estate reporting company Chandler Reports. Shelby County saw 4,176 homes sell from July 1-September 30–a figure that’s up from 3,556 homes in 2011 at the same increment. So far for 2012, a total of 16 percent more homes then […]

As home prices linger at affordable figures and mortgage interest rates keep a low lying level, investors are scooping up property deals by the handful, keeping the real estate industry afloat in many markets across the country. Here in Memphis, we are no exception! Foreclosures and short sales are still widely present on our local […]

First Horizon National Corp. is taking this time to update commercial properties throughout the Memphis area, according to a report by the Memphis Business Journal. The company owns a large amount of properties and leases out spaces to a bevy of clients, all of which will experience the benefits of remodeled and updated spaces. First […]

The Transportation Investment Generating Economic Recovery (TIGER) Grant which was awarded by the U.S. Department of Transportation has been distributed throughout other aspects of the city, and the Memphis movers hear they will allot a portion of the grant to a Downtown Memphis improvement effort. $5.6 million of the funding will go towards revitalizing the […]

The Federal Reserve recently announced analytical looks at their 12 regional districts throughout the US and how they are faring economically.While the economic developments seem less than exciting, at least they are small steps in the right direction. The Memphis movers feel it is worth noting that the compiled report included specific commentary on the […]