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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 […]

In the upper-crust Morningside Park neighborhood, there is a 5,800 square foot home that was owned by Steve Jobs, deceased former CEO of Apple, Inc. Purchased while Jobs was undergoing and recovering from a liver transplant, Jobs was receiving care in Memphis and the home became available when the chancellor of UT’s Health Science Department […]

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 […]

Throughout the country, rent prices fluctuate and depending on where you are, a couple years of paying a mortgage will quickly outweigh what you gain (nothing) from paying for a place to rent. Nationally, the average renter can justify buying a home within three years of purchase. The Memphis movers have learned the value comes […]

Memphis employer Logical Systems, LLC is planning to consolidate their locations into one 30,297 square foot building in Memphis, at 2756 Appling Center Cove to be exact. Along with the consolidation, 14 new jobs will be added. The Memphis movers have decided to research this corporate change and also find out more about the specific […]

When comparing June 2012 sales figures to June 2011, it seems apparent that Memphis area home sales have fallen 2.4 percent, according to data collected and analyzed by the Memphis Area Association of Realtors. In addition, sales for June of this year were a drop from May by 11.4 percent. However, there is some good […]

Utah based SkyWest Airlines is expected to lay off almost two dozen employees this fall according to a report by the Tennessee Department of Labor and Workforce Development–however, they will transfer employers rather than see unemployment. Delta Air Lines has a unit they manage called the DAL Global Services LLC, and they will be taking […]

In the current real estate market, collaborations and teamwork can only help you to get your name out there and get property sold. Rather than competing, why not team up? That’s the attitude of many in the Memphis real estate market. Notably so, pool companies are reaping the benefits from REO bank owned properties where […]

With robo-signing in the past, the present is filled with our real estate industry shakily trying to get back to normalcy. Not surprisingly, foreclosures have begun to spike as homeowners are in over their heads. Compared to last year, foreclosure filings are indeed up, by about 35 percent in fact. More than likely, the spike […]

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With so much in the news about foreclosures and lost property, its important to take a look at what gets a homeowner to that point. While falling delinquent on mortgage payments can certainly be cause for foreclosure, there’s also the property taxes that must be paid on time–if they aren’t the house can be seized […]

Also posted in current events