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Category: Wealth

Learn more about Memphis real estate.

Why Buying Now May Be Worth It in the Long Run

September 9, 2024

Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision. As soon as you buy, you’ll start gaining equity. And you’d be surprised how quickly that can add up – even with more moderate home price appreciation. Each quarter, Fannie Mae releases the Home Price Expectations Survey. It asks over one hundred economists, real estate experts, and investment and market strategists what they forecast for home prices over the next five years. In the latest release, experts project prices will continue to rise nationally through at least 2028 (see the graph below):   While home prices are going to vary from one local area to the next, this shows they’re expected to keep going up nationally. The size of the increase varies from year-to-year, but the important takeaway is that prices are forecast to rise every single year – just at a moderate pace. And while rising home prices may not sound great right now, once you own a home, that growth will

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Real Estate Still Holds the Title of Best Long-Term Investment

July 11, 2024

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision. According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:   But why does real estate continue to reign supreme as a top-notch long-term investment? It’s because, even today, buying a home can be your golden ticket to building wealth over time. Unlike other investments that can feel a bit like riding a rollercoaster with all the ups and downs and ongoing risk factors, real estate follows a more predictable and positive pattern. History shows home values usually rise. And while prices may vary by market, that means as time goes by, your house is likely to appreciate in value. And that helps you grow

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Bridging the Gaps on the Road to Homeownership

February 14, 2024

Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate experts can make all the difference for diverse buyers. It’s clear that achieving homeownership is more challenging for certain groups because there’s still a measurable gap between the overall average U.S. homeownership rate and that of non-white groups. Today, Black households continue to have the lowest homeownership rate nationally (see graph below): Homeownership is an important part of building household wealth that can be passed down to future generations. According to a report by the National Association of Realtors (NAR), almost half of Black homebuyers in 2023 were first-time buyers. That means many didn’t have home equity they could use toward their home purchase. That financial hurdle alone makes buying a home more challenging, especially at a time when affordability is a major concern for first-time buyers. Jessica Lautz, Deputy Chief Economist at NAR says: “It’s an incredibly difficult market for all home buyers right now, especially first-time home buyers and especially first-time home buyers of color.” Because of these challenges, there are several down payment assistance

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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

December 13, 2023

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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Is Wall Street Buying Up All the Homes in America?

November 29, 2023

If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve probably heard mention of investors, and wondered how they’re impacting the housing market right now. That could leave you asking yourself questions like: How many homes do investors own? Are institutional investors, like large Wall Street Firms, really buying up so many homes that the average person can’t find one? To answer those questions, here’s the real story of what’s happening based on the data. Let’s start with establishing how many single-family homes (SFHs) there are and what portion of those are rentals owned by investors. According to SFR Investor, which studies the single-family rental market in the United States, there are eighty-two million single-family homes in this country. But how many of them are actually rentals? According to data shared in a recent post, sixty-eight million (82.93%) of those homes are owner-occupied – meaning the person who owns the home lives in it. If you subtract that sixty-eight million from the total number of single-family homes (82 million), that leaves just about fourteen million

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This information is deemed reliable but not guaranteed. Please contact Meridian Premier Homes to learn more about what properties are for sale and for current real estate information. Equal Housing Opportunity: Equal Opportunity Employer. It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.We are committed to making this website compliant with the Americans with Disabilities Act. We wish all of our visitors to be able to easily access our services. Accessibility and usability are not always possible in every area of the website or for those visitors using assistive technologies and devices. If, at any time, you have specific questions or concerns about the accessibility of any particular page, please contact us. Meridian Premier Homes. Privacy Policy.

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