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    • Mortgage Delinquency Drops Heavily

    Published May 12, 2013

    TransUnion, a national credit reporting agency, has released data that shared that the national mortgage loan delinquency has declined almost 21 percent from the first quarter of 2012 to the same time period in 2013, with current numbers boasting 4.56 of all borrowers are delinquent on their mortgages. The term delinquency is characterized by a […]

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    Shelby County Mortgages Rise 2 Percent

    Published May 8, 2013

    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 […]

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    Memphis a Top Market for Rental Investments

    Published April 29, 2013

    A recent report by RealtyTrac, Inc. has shared that the Memphis area is one of the best regions for investors looking to purchase homes as rental investment properties. The Top 20 list features Memphis, seven Florida cities, and 12 other metros nationwide. The Memphis movers have found specific data pertaining to our metro as we […]

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    New Restaurant Coming to Downtown Memphis

    Published April 21, 2013

    A new dining option will be coming to the popular downtown Memphis area, according to reports by BizJournals. A famed dining place from nearby New Orleans called DeJaVu will be opening a location in downtown Memphis next month. An existing location is already here in Memphis, located at 936 Florida Street, and the soul food/vegetarian […]

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    The Future of Beale Street

    Published April 11, 2013

    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 […]

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    Taxes to Rise in Shelby County?

    Published April 3, 2013

    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 […]

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    New Owners for Memphis Hotel

    Published March 25, 2013

    The Quality Inn located at 6068 Macon Cove in Northeast Memphis is undergoing new ownership following a real estate transaction that puts Sycamore View Hospitality LLC as the new official owners of the development. Harsha Patel (who bought the property in 2010 for $1.7 million) sold the property to Sycamore for a reported $1.88 million. […]

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    Property Values Drop in Shelby County

    Published March 20, 2013

    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 […]

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    Memphis Banks and Local Mortgages

    Published March 5, 2013

    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 […]

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    National Prices Rise, but Drop in Memphis

    Published February 26, 2013

    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 […]

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