Hop Off The Fence! Memphis Area Association of Realtors

“We’re never going to see the extreme highs of Houston when oil soared or the extreme lows of Houston when it bottomed out. But Memphis will always be more of a stable market.”

Bill Maury (Broker, Prudential Collins-Maury)

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News coverage across the country has focused on those real estate markets facing severe downturns and on the sharp decline of the housing market in recent months. And while that may be the case in a number of cities, that’s not what’s happening in Memphis. Housing markets are intensely local, so national news and figures don’t always tell the whole story. These headlines and interviews, on the other hand, shine more light on the Memphis market.

20-somethings are a bigger portion of the total home-buying population than ever before, and they aren’t putting homeownership on hold for marriage or other life events.