At Owens Consulting Group we realize that investing in Real Estate
can be complex and that there are many perceived barriers. We take
away those barriers so that you can become a successful investor.
Our primary target markets are Memphis, TN and Indianapolis, IN due
to some of the positive economic indicators.
Memphis is the country’s 18th largest city and
part of the 41st largest Metropolitan Statistical Area (MSA) with
nearly 1.3 million residents. Memphis boasts a diverse and growing
economy with its primary industries in distribution, manufacturing,
agribusiness and healthcare. It’s known as “America’s Distribution
Center” due to its central location and the presence of FedEx World
Headquarters. Memphis has a growing bioresearch hub and is home to
four Fortune 500 companies with the population projected to grow by
12% by 2020.
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Memphis Real Estate Market
Memphis has one of the
highest monthly rent to price ratios in the nation
Little or no depreciation
risk
Healthy ratio of median
income to median home price
PMI risk index ranks
Memphis as the 7th least likely metropolitan area to
depreciate in the next two years
A recent study by Moody’s
Economy.com ranked Memphis as the 6th most undervalued
city in the U.S.
Predicted home price
appreciation of 5% in 2009
Over the past 20 years,
Memphis has had only two quarters in which home prices
declined.