Posts from January 2009
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2
Chattanooga Realtors Say the New Year is Prime Time for a New Home - WDEF News 12 Chattanooga
Submitted by Nordia Epps - WDEF News 12
January 2, 2009 - 10:12pm
The New Year may be the prime time to buy a new home. Area realtors say the housing crisis paves the way for some huge deals. It's the bright side to the troubled housing market.
A four bedroom Hixson house will soon be home to Ken and Ann Harris. Ken Harris, "I plan on closing on a house within 30 days with a very competitive interest rate on my house that's very favorable to me. It's almost comparable to what I had before."
In around 4 months the two sold their home in Huntsville Alabama.
Harris, "I was fortunate enough to get an opportunity to work for Volkswagen."
And, with help from Crye-Leike realtor Gini Thompson, found just the right deal in Chattanooga. Thompson, "They're the move up buyers. It's not their first home but it's been a while since they did...
2
Industry Takes Toll on MAAR Membership - Memphis Daily News
The housing slump continued to take a toll on the real estate profession as membership in the Memphis Area Association of Realtors (MAAR) reached a three-and-a-half year low in December with just 4,599 members.
That year-end mark represented a 12 percent decline from the 5,231 members on the roll in December 2007 and is the lowest total since the June 2005 tally of 4,581 members, according to MAAR data.
Also, the average monthly membership in the state's largest real estate trade association was 4,854 in 2008, down 8 percent from 5,266 in 2007.
Because home sales continued to slide all year, the attrition of members was expected, noted MAAR marketing and communications director Scott Sherrin.
"Given where we are in terms of sa...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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