Best In Tennessee Real Estate™: Memphis

🏆 Ranked #114 of 914 U.S. metros on residential builders — ALEX Intelligence, 2026. Memphis’ low builder count isn’t a sign of weak demand — it’s a signal of structural housing scarcity. With only 308 residential builders active in 2022, Memphis is among the most supply-constrained major metros in the U.S., far behind national peers. This isn’t a cycle; it’s a chronic deficit. The real story isn’t about growth — it’s about the absence of the industrial base to support it. New construction isn’t just slow; it’s nearly non-existent at scale. Residential Builders by Metro (2022) (ALEX Intelligence — 2026) #114 Memphis, TN-MS-AR <- this market #1 New York-Newark-Jersey City, NY-NJ #2 Los Angeles-Long Beach-Anaheim, CA #3 Chicago-Naperville-Elgin, IL-IN #4 Seattle-Tacoma-Bellevue, WA #5 Boston-Cambridge-Newton, MA-NH #6 San Francisco-Oakland-Fremont, CA #7 Miami-Fort Lauderdale-West Palm Beach, FL #8 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD #9 Washington-Arlington-Alexandria, DC-VA-MD-WV Source: https://alex-companies.com/data/2026-10-05-memphis-istand-2361-msa View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902