[Update: Post revised 1/3/2010 at 12:01CST to revise incorrect data] Based on reported Sales Data* there were 113 Condos sold through Realtor-reported, MLS sales in 2010, in a price range of $74,900-$525,000, with an average price of $200,282. Days on the market averaged 177. The Downtown condo market has suffered from over building and diminished […]
Memphis is a great bungalow town
Some of the most interesting bungalows in the USA are in Midtown Memphis. Many are referred to as Craftsman bungalows, however, not all of those were of the true Sears-Roebuck house kit origins. There are a lot of definitions of bungalow, but most in this country think of them as a single story (perhaps […]
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State of the economy leads to failure to launch
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 […]
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