July Live Webinar: Memphis Market Quarterly Update and SFR investment markets

The Meridian Pacific Properties Leadership team gives discusses quarterly market updates about The state of the national SFR investment market,...

July Live Webinar: Memphis Market Quarterly Update and SFR investment markets

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

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]