Memphis Tennessee Real Estate

Memphis Rebounds 2010 According to SmartMoney.com

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An interesting article caught my eye today on Yahoo Real Estate from Lisa Scherzer with www.SmartMoney.com concerning Memphis real estate. She writes an interesting article on 5-markets she expects to rebound the best in 2010. Memphis (according to her) will be second only to Tacoma, Washington. With her estimated .99% increase in home prices (yes less <1%) in Memphis for 2010 the claim is that our being a major center of transportation business as the reasoning (specifies FedEx). Th...

Update on the New Memphis MLS System

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I am fortunate enough to be a part of the Memphis Area Association of Realtors MLS Board. We have been testing and tweaking and evaluating a new Memphis Multiple Listing Service called MLXchange. I had no idea how antiquated our old system was until we started the initial testing phase some weeks ago. To put it in to perspective, think of it as replacing a computer that was built in 1990 with one that was built in the year 2002. The new MLS system is much closer to a Windows or Internet...

New Memphis Midtown Condo Conversion

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A Massachusetts Investment firm has begun the process of acquiring and developing a Midtown apartment complex for conversions in to quaint 1 and 2-bedroom condos. Peach Properties Real Estate Development LLP of Massachusetts will convert the Watergarden Apartments on Galloway in the historical neighborhood of Evergreen in to upper scale condominium units. The process will start this spring with the first units available in June of 2007.  They have plans on offerin...

Cost of Living Comparisons

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2006 Tax Burden and Cost of Living Comparison between Shelby & DeSoto:  Research conducted by the Memphis Regional Chamber indicates that it was $3,214 less expensive in 2006 to live in Shelby County than DeSoto County. The comparison is based on $100,000 household income with two children and standard deductions. For a full break down on all the numbers in the report, view it here. 

Memphis Tennessee Real Estate

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We are going to have continual articles pertaining to Memphis real estate and surrounding communities; such as Collierville and Germantown. Should you have any suggestions on subjects pertaining to Memphis homes for sale or related issues, please feel free to contact us.  The real estate market in Memphis, Tennessee has eased up slightly from 2005 in recent months, but not nearly to the levels that a great many other cities have. January 2005 through September of 2005, total hom...

NEW Year! NEW Homes! NEW Section!

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As the new home market continues to grow in Memphis and the surrounding areas, so does the Homes For Sale™ magazine.  Beginning in the first February issue, the addition of the “New Homes and Developments” section will consist of advertisements for new construction developments, new home listings or services pertaining to the sell of new homes and developments.  The new section will immediately follow the classified section and is to be sorted by the same locati...