I shared a recent LA Times article on my Facebook page a few days ago titled Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices, which discusses the accuracy of property valuation information provided by Zillow, the most popular online real estate information site. Unlike some of my colleagues, I am a fan of […]
Memphis area real estate sales – February 2011
The Memphis Area Association of Realtors® (MAAR) has released data for recorded residential sales in the month of February and YTD. February unit sales showed a 11.8% drop from 2011, and 7.6% lag year to date. Median and average sale prices rose significantly in February, and both show a YTD increase. Reviewing the full […]
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Memphis area real estate sales – January 2011
The Memphis Area Association of Realtors® has released home sales numbers for January, 2011. Total unit sales showed a 1.4% decrease from 2010, with media sales price dropping 9.7% to $83,500 Of the total 960 sales, 924 were existing homes; 36 were new construction. 664 were non-bank sales; 296 (30.8%) were bank sales. (note: “Bank sales” […]
