August 27, 2012

July 2012 Memphis Real Estate Market Conditions

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I've been asked, “Why is it so hard to get a loan?” When I first started in real estate in the late seventies, borrowers had to have a job and good credit and some money for a down payment and closing. However, if the borrower had some blemishes on his cr ...Read More

July 20, 2012

June 2012 Memphis Real Estate Market Conditions

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The Memphis Area Association of Realtors show an increase of 1.7% in Pending Sales in May. The sales were up 10.8% over May a year ago and a 11.4% increase in sales over April. The average days on the market was 101,  a 2.9% reduction from April. 386 ...Read More

June 22, 2012

May 2012 Memphis Real Estate Market Conditions

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According to the Memphis Area Association of Realtors as of June 1 there are 7,529 properties on the market, which is up 2.2% from the previous month. The average list price is $205,000. There are 1.012 pending sales with an average price of $152,000 and ...Read More

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