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The mortgage lending rate in Shelby County is rising, according to reports by the National Association of Realtors. At April’s Memphis Area Association of Realtors 2013 Residential Real Estate Summit, it was announced that the local real estate economy is picking up and that better days are ahead for the industry. Banks and other lenders […]

The future of Beale Street has been a heavily debated issue by the political figures in Memphis. The idea that private entities could purchase Beale Street has been a worry for many because of the economic stimulation that the tourist area provides. Groups such as Elkington’s Performa Entertainment Real Estate and the Downtown Memphis Commission […]

Shelby County is likely to see property taxes rise in 2014, according to recent reports following the County Commission meeting reviewing the Memphis budget and finances. The Memphis movers have found the tax rate in the proposed budget (created by the Mayor and his staff) would raise property tax rates from $4.02 to $4.35 for […]

Property values dropping in the Memphis area known as Shelby County has resulted in a drop of all around revenue drops for the region. Appraisal values are calculated and updated in four year intervals, and this year marked the time for Shelby County reappraisals, in addition to Hickory Hill, Whitehaven, and South Memphis residential and […]

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 […]

Nationwide, home prices are seeing a boost throughout markets as we compare the late 2011 to late 2012 figures. One of the exceptions to this trend is the Memphis metro, which is one of 16 regions out of the top 100 metros to see home prices shift in the wrong direction. On average, sales of […]

According to data collected and analyzed for the National Association of Home Builders/Wells Fargo Housing Opportunity Index, the affordability of single family homes was at it’s most affordable at the tail end of 2012. What does that mean exactly? Final sales prices for homes that changed hands in the last quarter of the year were […]

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 […]

2012 data shows that the Memphis area realtors had a strong year, especially towards the end of 2012 when sales were consistent and surpassed 2011 figures by over 26 percent. The Olive Branch movers have learned that the monetary sales volume brought in by the 2012 activity was also 26 percent higher than numbers from […]