During this live webinar, our team discussed the following:
- 2021 Memphis market update
- The state of the national SFR investment market
- Whether or not we are in a real estate bubble
- Upcoming investment opportunities for 2021 and beyond
Meridian Leadership Team: Kevin Conlon (Co-Founder & Principal), Kent Coykendall (President), Brian Conlon (Business Development), Jordan Varvel (Client Relationship Manager)
Key Points from the Meridian Team:
Click a timestamp to watch more on YouTube.
Build-to-Rent Market Update – Kevin Conlon, Principal and Co-Founder
- Is Single-Family Real Estate still a good investment? [Timestamp:13:38]
- Are we in a bubble? Here’s why we think the answer is no. [Timestamp: 15:00]
Memphis Market Update – Kent Coykendall, President
- We at Meridian Property Management were able to reduce the average turn costs by about 20% year-over-year since 2019. [Timestamp: 24:10]
- The Memphis market has remained in the Top 25% in affordability from Q4 2019 – Q4 2020, despite the fact that home prices have increased by 20%. [Timestamp: 28:30]
Future Opportunities for Investors – Brian Conlon, Business Development Manager
- New homes will be available in 4 new subdivisions starting in Q3 – Q4 2021 in the Chateau Ridge, Creekwood, Rasco Farms, and Mallard Park subdivisions. [Timestamp: 32:00]