Second only to Foreclosures, Short Sales create a lot of buzz among investors and home buyers looking for the almighty good deal. A short sale is a property that is sold for less than is owed on it. Pretty simple concept: you bought a house for $200,000 in 2004, with 10% down. Over the years […]
November 2009 Memphis Real Estate sales stats
Residential sales units were up 8.1% for November , 2009, compared to 2008 for a total of 1147 sales as reported by the Memphis Area Association of Realtors Home Sales Report. Year to date sales remain significantly below (-13.7%) 2008 numbers. It will take a couple of months for the spike, caused by first time […]
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Things your burglar won’t tell you
THINGS YOUR BURGLAR WON’T TELL YOU: 1. Of course I look familiar. I was here just last week cleaning your carpets, painting your shutters, or delivering your new refrigerator. 2. Hey, thanks for letting me use the bathroom when I was working in your yard last week. While I was in there, I unlatched the […]
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