Real estate market in Memphis more difficult for people to buy houses – Advice Eating

Good morning Memphis where we are less than a week from the start of the World Championship Barbecue Cooking Competition and if you’re lucky you might see the King of Ghana is in Bluff City this week.

But first, more than 7,000 single-family homes have been purchased by outside investment groups in Shelby County in the past two years, resulting in lower owner-occupancy rates, our Omer Yusuf reports in his story for subscribers.

Outside investors, after purchasing home inventory, often make those properties available for rent in the purchased neighborhoods and communities, thereby reducing the amount of home inventory available to those seeking home ownership.

“When you buy all these houses and then renovate them, you’re giving them a high rental value that people can’t afford, number one,” said Melvin Burgess, Shelby County real estate appraiser. “Number two, what about our kids who want to come home from college or kids who want to come back home and are trying to find a family home? You won’t be able to afford it.”

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The winners of the competition will take the stage at WCBCC on Saturday, May 15, 2021 at Tom Lee Park.

What to expect from the World Championship Barbecue Cooking Contest

The Memphis in May World Championship Barbecue Cooking Contest will be held May 11-13 with over 200 teams participating, reports our Jennifer Chandler.

“When you compete in Memphis in May, bring your love of cooking with fire into the arena,” said Pit Master Melissa Cookston, known as the “Winningest Woman in Competition Barbecue.” “Put your skills to the test against others who have the same passion in the quest for the Holy Grail, the World Cup.”

Jennifer tells us what to expect from this year’s WCBCC in Memphis.

Former Visible Music College student Mara Louk is pictured on her public Instagram profile on May 3, 2022.  Louk has filed a federal complaint alleging the Christian school lashed out at her when she claimed she had premarital sex with a former boyfriend after she came to administrators to report she was raped by a fellow student .

College student off campus after receiving rape report

In a lawsuit, Mara Louk alleges that Visible Music College gave her an ultimatum less than two months after she came to administrative authorities to report that she was raped by a fellow student: sign a document acknowledging that she broke school rules by having premarital sex with another student or was expelled from school, our Laura Testino reports in her story for subscribers.

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