Memphis area home sales – July 2010
As expected, July sales dropped dramatically from July, 2009. The Memphis Area Association of REALTORS® reports 995 sales for July, down from 1,369 last year. That’s about one sale for every 3.5 licensed agents in MAAR.  Year-t0-date sales are down only 1.6% from 2009, a number artificially inflated by the home buyer tax credits earlier […]
Memphis leads the nation in foreclosure deals
Once again Memphis has been named the Number 1 city for foreclosure bargains, the Commercial Appeal reports. This should send new throngs of out-of-town investors scoping the area for new bargains. I guess Memphis is just a rental house kind of town. According to the CA article, “He [Jim Reedy of Memphis Investment Properties] also […]
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