Investors from foreign countries seemed to have a piqued interest in Memphis properties as a means of expand financial portfolios. Residences around town have been purchased by foreign buyers through Memphis Investment Properties at an increased rate–closing 70 homes in the 3rd quarter of 2011, compared to 32 last year during the same time frame.
Investment properties are a secure investment for many looking to expand their financial holdings. The Memphis movers trust that this is also great for Memphis–the more properties moving and potential tourism to view properties will benefit the local economy.
Also, we feel that the appeal of Memphis on a global level speaks volumes about the reputation of our city. If outside markets are viewing us as a sound investment, we must be doing something right!