Originally posted on Joe Spake’s Weblog According to the Calculated Risk Blog, there is a strong inverse relationship between the percentage of 24-34 year olds living at home vs. the under 35 homeownership rate. Economist Tom Lawler says this steep growth in grown-ups living with their parents suggests a pent up demand for housing units […]
MID, pending sales, condos, and October home sales
Here are a few recent real estate stories I found interesting and will be watching. The mortgage interest deduction that we mortgag-paying home owners have come to take for granted may be in jeopardy. Are pending sales numbers an indicator of a market upturn? Downtown condos at a discount? How are Memphis home sales going? […]
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Hot house picks for the cool days of December
Have a look at this weeks hot house picks. Each unique in its own right. 2399 Eastwood – Midtown Memphis Let’s start with this Mid-20th Century contemporary Lustron home, one of only 2 still existing. This 2 Bedroom all metal home is priced at only $79,000, has Central air and heat, a large fenced yard, […]
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