Here are a few recent real estate stories I found interesting and will be watching. The mortgage interest deduction that we mortgag-paying home owners have come to take for granted may be in jeopardy. Are pending sales numbers an indicator of a market upturn? Downtown condos at a discount? How are Memphis home sales going? […]
It’s time we come to grips with the Memphis Real Estate Market
According to the Memphis Area Association of Realtors®, there were 1,026 residential real estate sales in the MAAR MLS area in September, 2010 (full report). Year-to-date sales at the end of September were 10,865. Contrast that to the numbers from 2005, just before the bubble burst, when September sales were 1,516, and September-ending YTD was […]
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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 […]
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