Trustee Deeds are not comps! Foreclosure auctions are generally held on the courthouse steps at a designated time. The mortgage holder will set the starting bid, usually the amount owed on the mortgage. If the loan balance is so high that no other bidders are interested, the mortgage holder takes back the property for the […]
Memphis: June 2010 home sales up from 2009
The Memphis Area Association of REALTORS® (MAAR) reports an 8.5% increase in MLS sales last month compared to June, 2009, with 1152 vs. 1062 residential units. Year to date, the is a 4.2% increase. The June increase was expected due to the time limitation of the homebuyers’ tax credit, which had a closing deadline of […]
If you like this, Please Share!
Fannie Mae to seek deficiency judgments against walkaways
In the wake of the housing meltdown, strategic defaults, or walkaways, continue to be a popular way to dispose of a home whose value has dropped significantly below the mortgage balance. Those using this option can usually afford their house note, but choose to move on to housing that offers more value for their money.Sites […]
If you like this, Please Share!
Memphis home sales up for May
According to MLS sales numbers released by the Memphis Area Association of REALTORS®, May, 2010 home sales are up 16.4% from 2009 (1,195 vs. 1027) units.  Well, duh. Can you say Home Buyer Tax Credits? Although Congress is trying to extend the closing deadline of June 30 for buyers who completed their contracts by April […]
If you like this, Please Share!
Buy vs. Rent – Trulia’s Index
Real Estate website, Trulia, has developed an index to advise consumers whether it is more cost effective to rent or buy a home. As with most data from the big RE sites like Trulia and Zillow, the index is based more on company-defined stats and algorithms than any subjective, boots on the ground, local input. […]
If you like this, Please Share!
Mrs. Wright, the Gonzo Mama, publishes her first book
[Re-blogged from Joe Spake’s Weblog] Christina-Marie Wright can tell a story. Whether you are reading her stories in her first book, Everything I Need to Know about Motherhood I Learned from Animal House, or listening to them over coffee or drinks, Christina-Marie is engaging, honest, and incredibly funny. This collection of essays documents the joys […]
If you like this, Please Share!
Memphis Lustron – mid-20th century steel
I have just listed this 2 Bedroom /1 Bath home, but this isn’t just a typical house in Midtown. As far as I can tell, this “dove grey” and “maize yellow”, all metal jewel in Midtown is one the last 2 of its breed in Memphis. Constructed after World War II as affordable, low maintenance, […]
If you like this, Please Share!
April home sales down – home prices up
As I have pointed out in the past, the Memphis Area Association of REALTORS® releases 2 sets of monthly sales figures. By the 15th of the following month the MLS sales figures are released, then about a month later the final sales stats, as reported by the filing of deeds, are released. Based on MLS […]
If you like this, Please Share!
- « Previous Page
- 1
- …
- 52
- 53
- 54
- 55
- 56
- …
- 88
- Next Page »
