The news keeps trumpeting the soft housing market: “Worst slump in 16 years,” “July sales down 10%,” “Fewer buyers qualifying for loans,”………. I have predicted a shake out for a while now, and while we agents constantly portray the bright side of real estate, when the going gets tough, the cynics get going.Here are 2 […]
The Market Speaks Softly at the Park Terrace Condos
One of the early lessons for the real estate agent is that the Market (not the property seller, or agent) determines the price of a property. The market spoke, albeit softly, today at the much touted auction of units at the Park Terrace Condos, across Poplar from Overton Park. The promised absolute auction of 9 […]
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Memphis Area Association of REALTORS gets Proactive About the Local Real Estate Market
The Memphis Area Association of REALTORS (MAAR) has taken a proactive step to deal with the mixed messages consumers are receiving about the stability of the real estate industry nationally and the associated effect on the Memphis area Market.MAAR has initiated a multi-media campaign which includes advertising, press releases and information stressing the postives of […]
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