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The Memphis media recently published information pointing to a rise in rental rates and a decline in vacancy among Memphis multi-family units in Memphis (see the article here). Premier Property Management of Memphis has been seeing this same trend in the single-family homes that they have under management for real estate investors around the country. The trends have been moving toward a stabilization of rent and even slight increases in most of the neighborhoods that Premier Property Management manages properties. Here is a breakdown of the month of May for Premier Property Management: