Hot zips - WMC Action News 5 - Memphis, Tennessee

Hot zips

Areas in the Mid-South are seeing a real estate boom. Here are some of those hot zips: 38002 in the Arlington - Lakeland area, 38016 and 38018 in Cordova, 38125 near Southwind, 38017 in Collierville, and 38103 in the Downtown area. It's the only zip code in the City of Memphis with a housing boom. And the company that tracks them says this zip is HOT, HOT, HOT. Jennifer Thompson of Chandler Reports said, "Another area that is kind of new is the Downtown area. One of the reasons we've labeled that a hot area is because of the demand. Right now there is so much more demand than there is supply." Thompson says home sales nearly tripled in the downtown area in the last year. Mississippi and Arkansas are also home to some hot zips, according to Crye-Leike Realtors. In DeSoto County, hot zips are 38671 and 38672 in Southaven, 38654 in Olive Branch, 38632 in Hernando, and 38637 in Horn Lake. In Crittenden County, Arkansas, the hot zips are 72364 in Marion, 72301 in West Memphis, 72336 in Horse Show Lake and 73248 in the Hughes-Shell Lake area are all HOT ZIPS for real estate.
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