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August was a strong month for real estate residential sales in Shelby County, netting 1,709 home sales in August, which is up 15 percent from the 1,483 sales in August 2012. The data was compiled and shared by Chandler Reports, a real estate reporting firm. The number of home sales this August also grew from […]

Residential real estate has taken a swift turn back into the land of the living, thanks to a building boom of new construction. Suburbs are growing on the outskirts of Memphis and particularly growing in the Arlington area. Kensington, a suburb inside of Arlington, is an example of the booming construction rebirth. Despite laying dormant […]

The University of Memphis has increased enrollment for the pending school year, and in conjunction with a larger student population comes the need for more student housing options. Currently, there are several projects underway to offer additional new housing for students moving to the area. One complex is the $9.35 million four-story development just across […]

Well known BBQ giant Tops Bar-B-Q Inc is setting up a new location in East Memphis, marking the 15th retail store for the brand. The new store will be located at 5144 Poplar Avenue, and the space has signed a 20 year lease on a yet-to-be-built 2,772 square foot restaurant space. The general manager for […]

The commercial real estate market in Memphis isn’t that easy to read, according to the market data gathered that shows a mixed picture in our metro. For example, office space has a dramatic and significant negative absorption of 173,425 square feet (thanks in part to the moving of Pinnacle Airlines out of their downtown office), […]

Real estate investments are a substantial part of any healthy real estate market. Recently, the Wall Street Journal recognized Memphis as the number one city in the United States for investing in single family residential properties. Number one! The rankings were based on the cap rate, which in Memphis is 10.38%, followed by the number […]

Foreclosures have plagued the real estate industry in the US for the past few years, and even as markets continue to strengthen, foreclosures are not yet a thing of the past. In Memphis (and surrounding areas), there is a positive trend in the region for dwindling foreclosures. Residential and commercial foreclosures are declining in Shelby […]

Main Street is getting some new dining options in the near future, according to a report by the local Business Journal. A new burger is proposed to open in the space currently occupied by Dream Berry Frozen Yogurts & Treats. The restaurant does not have a name as of yet, and it will join the […]

Shelby County has experienced a rebound in local housing, according to a report complied by Chandler Reports, which shared that total home sales in the area were up 11 percent for the second quarter of 2013. The number of total homes sold throughout the county came to 4,226 homes, with total sales volume rising 21 […]

The Memphis industrial real estate market is posting positive numbers, according to a recent report by the Memphis Daily News. The industrial market in the area has recorded net absorption of 951,683 square feet during the first three months of 2013, making it the 4th consecutive quarter or positive absorption for the metro area. The […]