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 Memphis area real estate. Also among positively discusses industries are construction, manufacturing, and business.

To elaborate, residential real estate markets have made small steps of progress as the attempt to regain momentum. Similarly, commercial real estate is taking a similar path and improving slightly as the weeks go by. Local mortgage companies have also reported that mortgage activity has seen improvements, which some attribute to low interest rates, but others feel the Memphis economy certainly plays a role as well.