Category Archives: Market Research

Declining Inventory in Central Florida

I’ve been charting inventory in Central Florida (Orlando MSA) for a while now.  The inventory is in steep decline and the market is seeing some price rise.  Both median and average sales prices increased marginally but the inventory compression is forecasting a comeback in home prices:

A Case for Investing in Florida

Central Florida, otherwise known as the greater Orlando area has seen its inventory of available homes decline by 25% in the last 12 months.  Now at the present rate of sales, there is only a 5 month supply of homes on the market. A case for investing in Florida?

Memphis Flood Update:

I’m sure you’ve been watching the news over the last few days and seeing Memphis in the headlines.  The Mississippi River is a few inches shy of an all time record crest.  Despite this the vast majority of the Memphis area’s 1.4 million residents sit well above the areas which … Continue reading

Bloomberg’s Bold New Waterfront for Manhattan

Mayor Michael Bloomberg unveiled a new plan to invest $3 billion into Manhattan’s waterfront over the next 3 years.  Included are areas we’re targeting in Northern Manhattan adjacent to the waterfront.  The plan part of a larger Vision 2020 New York City Comprehensive Waterfront Plan.  The northern part of Manhattan … Continue reading

Clear Capital: Memphis Home Prices Rise Fastest

Clear Capital the asset valuation and risk assessment data provider, reported that home prices in Memphis, TN rose faster than … Continue reading

Mitsubishi Selects Memphis for Location of New Plant

Mitsubishi Electric announced it will build a $200 million facility as its headquarters for the Group’s heavy electrical equipment production in North America.  The 350,000 sq-ft plant will manufacture large rail-car sized transformers.  Being closer to Memphis’ growing rail facilities was a component of its decision.  The new plant employ … Continue reading