Category Archives: Manhattan Market Data

Memphis Medical Device Sector Growing

Most industries are feeling the effects of the recession.  One that isn’t is Memphis’ medical device industry which is growing and expanding.  The industry in Memphis features companies like Wright Medical, Metronic, NuVasive, Onyx, and Smith & Nephew.  NuVasive recently announced a doubling of its 40,000 square-foot Memphis distribution center. … Continue reading

Average Sales Price Increases in Memphis

In February the average sales price of a home was $112,035 up slightly from January’s $111,598 according to the Memphis Area Association of Realtors.  This reflects some demand from 1st-time home buyers executing on the soon to expire tax credit. While this number is good, it’s still down 5.5% over … Continue reading

Memphis Real Estate Featured on the Today Show

This week on the Today Show, Barbara Corcoran of Corcoran Real Estate, and NBC’s Shark Tank,  discussed 5 Markets Poised for a Real Estate Comeback.  Of those 5 Markets, Memphis was listed as the 2nd market in her feature. Corcoran stated that Memphis is seeing appreciation, and population growth because … Continue reading

Memphis Tops List for Real Estate Steals

US News and World Report just reported its 10 Cities for Real Estate Steals.   Memphis topped the list due to its low price-to-income ratio of 1.17 through the 3rd quarter of 2009.  This is a big drop from a high of 5 for Memphis.  The current numbers put Memphis … Continue reading

Look out Memphis – there’s a new realty team in {Mid}town!

“Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishment toward organizational objectives. It is the fuel that allows common people to attain uncommon results” -Unknown Author I don’t know who said this, but he/she was absolutely right! We most definitely live in … Continue reading

Memphis Investor Network Joins National REIA

Our online networking group,  Memphis Investor Network just crossed the 200 members mark!   We are excited to see this network grow over the last year. As a thanks to all the members, we’ve joined the National REIA and became just the 3rd affiliated Real Estate Investing Association in the … Continue reading