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 […]
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 […]
Don’t Talk to Me About No Buyer’s Market
It’s the time of the year when a candy bar won’t last 15 seconds outdoors, and housing prices are as high in Memphis as the temperature. We just aren’t going to give in to this buyer’s market and let a dramatic correction happen- wouldn’t be the way we genteel Southerners would handle it. Denial has […]
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