Best video about Memphis market right now

[Douglas Skipworth]

This is a must-watch video for anyone currently investing or considering investing in Memphis.  It's a great overview of some of what's happening here right now as well as a very insightful reflection on what has transpired over the past 10 years.

Here's an article summary of the video in tomorrow's Memphis Daily News.

[Jay Hinrichs]

Douglas nice article  talks about both sides and some of the situations were there are two prices. in town and out.

reality is banks and mortgage lenders will have a very hard time doing 20 to 30k loans.. there simply is no money in them.. and the risk to high.. I believe they will do enough to get good press and to satisfy their CRA requirements..

I mean at 100k and under in Memphis is any of those 55% of the people who rented would buy their mortgage tax and insurance is less than rent... and this still does not happen

the guide lines still require credit and verification and that's were the borrowers struggle in these areas.

if they did not investor would never ever buy a rental in Memphis everyone at those price points would be homeowners would make zero sense to rent.