Our Markets

Charlotte, North Carolina

Charlotte, NC, also known as the queen city, is one of our primary markets we like to do business in.
Charlotte was ranked #4 by Forbes for U.S. Cities with Fastest-growing economies (Forbes, 2018) as well as #5 for the best U.S. cities for business and careers (Forbes, 2018).

Charlotte is a Banking hub. It is currently the third largest financial center in the country, behind New York and San Francisco (Chart to the right shows the standing as of 2018.)

Bank of America’s headquarters can be found in the city’s uptown, as well as Wells Fargo’s East coast headquarters (not to mention the other 14 banking institutions that reside there.)

Other major employers are, Lowes, American Airlines, and Duke Energy.

Memphis, Tennessee

Excellent Home Appreciation Values in Memphis, TN

Memphis, Tennessee, known as the birthplace to Rock ‘n Roll and home to the blues, is currently ranked as 25th on a list of the top 1,000 largest cities in the United States. With a 2017 population reaching just over 650,000, this major metropolitan area manages to offer both the distinctive features of slow southern living and the high energy that is normal in a well-populated urban center. Located in the southwestern corner of Tennessee as well as along the eastern bank of the Mississippi River, Memphis has ready access to both Arkansas and Mississippi. The three states are frequently referred to as the Tri-state area.

Memphis Cost of Living

The cost of living in Memphis is one of the lowest in the United States when it comes to comparing metropolitan areas.

The fact that many well-known businesses make their home in Memphis may be due to the fact that Memphis is a transportation hub that has four major highways, a large inland port and the 2nd largest cargo and freight airport in the world. The fact that Memphis ranks so highly for job seekers means that there will continue to be a need for rental property and the overall housing market will remain high.

A Growing Memphis Economy

Because of the role Memphis plays as America’s Distribution Center, it has changed from being a producer of hardwood and cotton on a very limited scale to its current position as a city that supplies products to the entire world. Companies that produce medical supplies, surgical appliances and medical equipment continue to employ more people each year, in occupations which range from assembly and engineering to sales. The manufacturing and export of machinery also employ a high number of individuals in Memphis. 

Anticipated Increase in Home Values

Because of the growing economy in Memphis, the low cost of living, the anticipated increase in population and the availability in the job market, it is anticipated that home values will continue to increase. Many newcomers to the Memphis area may opt to rent a home instead of purchase right away, making the market good for those who own rental properties as well.

Want to learn more? Contact us and we will be able to answer any questions you might have about this city or any of our other favorites.

Orlando, Florida

Orlando, FL the 4th Largest Metro Area in the Country

According to Forbes, Orlando, Florida was ranked one of the most rapidly growing metropolitan areas for the year 2018. This growth pushed the theme park capital of the world into the number four spot, based on several key indicators including economic output, population growth, wages and employment. And Orlando is not the only city in Florida experiencing this type of growth as seven more cities in the sunshine state also made it onto this list.

Much of the growth in Florida is due to the large number of individuals who are reaching retirement age in the United States. One recent report states that one town situated near Orlando has over 50% of residents who are over 65 and are retired.

Currently, the national average for unemployment hovers just below 4%. With its many job opportunities, Orlando touts an unemployment rate of only 2.9% with an anticipated ten-year job growth rate of 51.0%.

Orlando Florida Home Prices and Appreciation Based on information from the Orlando Realtor Association, median home prices in Orlando continue to increase. Looking back to the numbers collected in July of 2011 and comparing them to the same numbers gathered in January of 2018 shows a jaw-dropping increase of 94.8% in median home prices. A shorter year-long view yields a less dramatic, though still impressive increase of 10.1% from January of 2107 to January of 2018. Rental rates also increased by 2.3% in the Orlando, FL market during the past year, a number which is far above the national average of only 0.9%. In fact, Orlando has, for its third consecutive year, been named as one of the 5 best cities for owning investment property. Owning a rental property in Orlando has been found to be an excellent investment as 65% of all households rent while only 35% own a home.

Orlando does offer more than major theme park fun. Known as “The City Beautiful”, Orlando is dotted with many lakes. The city has four pro sports teams, the Orlando Magic (basketball), Predators (football), City (soccer), and Anarchy (women’s football). Golfers also find Orlando to be a great place to visit, or to live as there are 170 highly-rated golf courses to choose from.

Non-sport related activities include The Kennedy Space Center, Gatorland and the Orlando International Premium Outlets. No matter what type of activity you are interested in pursuing, chances are high that Orlando has just the thing.