Category: Real Estate

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Meridian Premier Homes and Coldwell Banker Collins-Maury Host Grand Opening of Southbranch, a Highly Anticipated New-Home Community; Olive Branch Mayor Adams Headlines the Celebration

FOR IMMEDIATE RELEASE Press Contact: Wendy Dube Phone: 760-415-4994 Email: [email protected] Meridian Premier Homes and Coldwell Banker Collins-Maury Host Grand Opening of Southbranch, a Highly Anticipated New-Home Community; Olive Branch Mayor Adams Headlines the Celebration Phase 1 homes now selling; Model home and Sales Center now open OLIVE BRANCH, Miss., Dec. 13, 2023 – Meridian Premier Homes (MPH), a Memphis-grown homebuilder renowned for its commitment to high quality, exceptional value, and customer service excellence, together with its sales partner, Coldwell Banker Collins-Maury, one of Memphis’ top-producing real estate brokerages, today marked the grand opening of Southbranch. Nestled within walking distance of the highly regarded Pleasant Hill Elementary, Southbranch introduces 60 single-family residences on generously sized 1/2-acre-plus lots. Phase 1 homes are now available for purchase with prices starting in the high $300,000s. Olive Branch Mayor Ken Adams, city officials, Ambassadors from the Olive Branch Chamber of Commerce, bankers, and real-estate professionals from across the Memphis region gathered to celebrate the grand opening. The event included a ceremonial ribbon-cutting and remarks from Mayor Adams and Meridian Premier Homes Co-Founder and Principal Jeff King. Following the speeches, attendees had the opportunity to tour the community’s 2,800-plus square foot model home located at

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You're Invited to the Grand Opening of Southbranch

Meridian Premier Homes invites you to the grand opening of Southbranch, our newest community in Olive Branch, Mississippi, on December 13. This is your chance to tour our model home and experience the quality of our construction for yourself. See flyer for details.

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People Are Still Moving, Even with Today’s Affordability Challenges

If you’re thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down how the current affordability situation stacks up to recent years. The National Association of Realtors (NAR) explains how to read the values on the graph: “To interpret the indices, a value of 100 means that a family with the median income has exactly enough income to qualify for a mortgage on a median-priced home.” The black dotted line represents that 100 value on the index. Essentially, the higher the bar, the more affordable homes are. As you can see, the orange bar for today shows higher mortgage rates and home prices have created a clear challenge. But, while affordability is definitely tighter right now, that doesn’t mean the housing market is at a standstill. According to NAR, based on the pace of sales right now, just under 4 million homes will sell this year. With some simple math, let’s break down what that really means for you: 3.96 million homes divided by 365 days in a year = 10,849 houses sell each day 10,849

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Meridian Premier Homes Announces Military and 1st Responder Discount

Meridian Premier Homes is proud to offer active-duty military, retired Veterans, and current first responders a $1,000 discount to be used at our Design Center. This discount may be used for options and upgrades on presales only, and the qualified recipient must present an official ID at the Design Center appointment. This offer is effective 11/10/2023 and expires on 2/12/2024.

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2023 Year-End Home Price Forecasts

According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the past year. Since late 2022, the media has created a lot of fear about a price crash and those concerns are still lingering. You may be hearing people in your own life saying they’re worried about home prices or see on social media that some influencers are saying prices are going to come tumbling down. If you’re someone who still thinks prices are going to fall, ask yourself this: Which is a more reliable place to get your information – clickbait headlines and social media or a trusted expert on the housing market? The answer is simple. Listen to the professionals who specialize in residential real estate. Here’s the latest data you can actually trust. Housing market experts acknowledge that nationally, prices did dip down slightly late last year, but that was short-lived. Data shows prices have already rebounded this year after that slight decline in 2022 (see graph below):

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Foreclosures and Bankruptcies Won’t Crash the Housing Market

If you’ve been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies. That could be making you feel uneasy, especially if you’re thinking about buying or selling a house. But the truth is, even though the numbers are going up, the data shows the housing market isn’t headed for a crisis. Foreclosure Activity Rising, but Less Than Headlines Suggest In recent years, the number of foreclosures has been very low. That’s because, in 2020 and 2021, the forbearance program and other relief options were put in place to help many homeowners stay in their homes during that tough time. When the moratorium ended, there was an expected rise in foreclosures. But just because they’re up, that doesn’t mean the housing market is in trouble. To help you see how much things have changed since the housing crash in 2008, check out the graph below using research from ATTOM, a property data provider. It looks at properties with a foreclosure filing going all the way back to 2005 to show that there have been fewer foreclosures since the crash. As you can see, foreclosure filings are inching back up to pre-pandemic numbers, but they’re

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