Mortgage delinquency, foreclosures, and late payments. These are the common factors in the current state of Memphis real estate. While the Memphis movers remain hopeful that there is light at the end of the tunnel, we’re ready to start seeing sunny days for our realtors, contractors, and homeowners.

The city foreclosure rates are still lower than the national average–2.65 compared to the country’s 3.41 percent.

In terms of the construction industry, Memphis is in 12th position when ranking cities in the US that have grown their construction jobs.