For 2011, housing market reports showed that the Memphis, Tennessee area has had an increase in mortgage applications. The steady pace of building and buying in Memphis makes it the exception to the rule, where many metro areas are burdened with overbuilding and vacancies.
Thanks to a healthy local economy filled with transportation and distribution, as well as the airline industry and a bustling music scene that make Memphis a city that seems to have gotten a lot right when other cities were (and are) floundering.
Interested in moving to Memphis? Strike while the iron is hot! With the surplus shrinking, many parts of Memphis are already started to but more value in their homes and increase sales prices. Check with your friendly Memphis movers and we’ll help guide you through the process. Call today!