Real Estate: Memphis Economy Feeling The Impact of Electrolux

Posted by Chris Clothier on Wed, Jul 18, 2012

Local firms have felt the initial impact of Electrolux moving to Memphis to the tune of $64 Million in contracts

When Memphis Invest, GP travels to different parts of the country meeting with investors, one of the first suggestions we make is to forget about the houses for the time being and concentrate on the market.  More to the point, concentrate on the economics of the market and the fundamentals of that economy.  Memphis and even Dallas, which is our newest market (more on that later) both have strong economic prospects.  Once an investor has identified that the market they are studying, then the team and investment property decisions can be made.

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Topics: invest in Memphis real estate, Memphis Economic News, Memphis real estate news, investing in Memphis foreclosures

Memphis Investment Real Estate | Memphis Jobs Update

Posted by Chris Clothier on Mon, Mar 5, 2012

Memphis Firms Continue Expansion Plans

Several Memphis companies are continuing with plans to expand operations, invest in new equipment and infrastructure and hire new employees.  While there is still some economic uncertainty, there also seems to be an air of optimism surrounding plans by companies headquarterd and operating in Memphis for an economic turn-around.  That turn-around is fueling plans for increased warehousing and distribution needs.  We are often asked about the real estate landscape in Memphis and investing in Memphis property has as much to do with the economic outlook as it does the house itself when it comes to long-term success.  Investors should be looking for areas of the country that are stable and reliable when it comes to the greater economy as that will be a sure driver for real estate demand.

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Topics: invest in Memphis real estate, Memphis Economic News, Memphis real estate news, investing in Memphis foreclosures

Memphis Real Estate | Good News Keeps Coming

Posted by Chris Clothier on Mon, Jan 16, 2012
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Topics: invest in Memphis real estate, Memphis Economic News, Memphis real estate news, investing in Memphis foreclosures

Real Estate Investing | Memphis Foreclosure Activity Up

Posted by Chris Clothier on Tue, Oct 18, 2011

Realty Trac is reporting that foreclosure activity in Memphis is up four straight months and even though some in Memphis are disputing that, the trends we are seeing follow the reporting from Realty Trac pretty closely.

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Topics: Memphis investment properties, Memphis cash flow, buy discounted properties Memphis, Brett Clothier, investing in Memphis foreclosures

When is the RIGHT Time to Invest in Real Estate?

Posted by Chris Clothier on Mon, Apr 5, 2010

"With foreclosures mounting every week, is it time to enter into the Memphis investment real estate field and purchase properties at discounted pricing?"

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Topics: invest in Memphis real estate, Cash Flow Properties, Chris Clothier, Memphis foreclosures, real estate investing advice, investing in Memphis foreclosures

Responsible Lending = Better Investment opportunities in Memphis

Posted by Chris Clothier on Mon, Nov 30, 2009

Memphis, like so many other cities in America, continues to see rising foreclosures and a rise in delinquent notes.  Some caused by circumstance, some caused by the economy and many caused by the initial actions of the lender.  Not all the news is bad for Memphis real estate investors, but as the economy worsens, investors are having a harder time finding the funding needed for continued purchasing.  This is a great article highlighting where the MBA stands and how the Center for Responsible Lending, a non-profit that protects consumers from abusive lending practices, views the current situation.

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The Mortgage Bankers Association (MBA) reported this week that a record number of loans — 1 in 7 — is delinquent, up from 1 in 10 a year ago. The numbers also show that 1 in 22 families in the United States is in the process of losing their home, up from 1 in 34 this time last year.

Based on these figures, the Center for Responsible Lending says the industry is on track for 2.9 million foreclosure starts in this year alone.

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Topics: residential real estate investing, real estate investing advice, investing in Memphis foreclosures

Numbers show improvement - Good or Bad for Memphis Real Estate?

Posted by Chris Clothier on Sun, Nov 22, 2009

Zillow has recently reported that is shows the percentage of U.S. homes with mortgage debt higher than the value of the home has actually decreased from the second quarter to the third quarter.  What does this mean for you and I and all the other real estate investors out there who are jumping into the Memphis investment property pool?

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Topics: Real estate investment news, real estate investing advice, investing in Memphis foreclosures