Memphis Real Estate Buzz » realestate

Weekly summary of news, comments, and other interesting stuff – June 17th

Joe Spake — Sat, 18 Jun 2011 04:00:05 +0000

June 17th

Joe Spake is a Memphis, Tennessee based Consultant, Real Estate Broker, and Blogger. Call 901.214.5563 for a consultation or click to make a social connection.
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Memphis residential real estate sales – April 2011

Joe Spake — Wed, 18 May 2011 19:39:41 +0000

April 2011 Residential Sales

The Memphis Area Association of REALTORS® (MAAR) has released residential sales statistics, based on Multiple Listing Service data, for April, 2011 and 2011 YTD. Total unit sales show a 13.4% decline from 2010, while sales are off 10.9% year-to-date. There are also declines in average and median sales prices.

MAAR is providing a lot more information in the sales report these days (download here), including sales by price range, beds and baths, finance type, days on market, and current active listing data. Here are a couple of interesting tidbits:

Over 14% of houses sold last month were $19,999 or less.
One house $1,000,000 or more sold in April, and 5 so far this year.
136 $1,000,000+ houses in active inventory which translates to about 9 years of inventory based on this year’s sales.

So have a ball, stats lovers. I don’t know quite what to make of the numbers. The agents I have talked with recently are all having “good years”, and every one is saying how much better things are than last year. I can personally attest to that, but it may be a factor of my micro market here specializing in IN-City properties. If you have questions about your specific real estate situation, give me a call or email.

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Real Estate News You Don’t See on the News – from The Cutting Edge- June 23, 2009

Joe Spake — Tue, 23 Jun 2009 22:01:43 +0000

The week’s real estate posts of interest from The Cutting Edge.Â For uptodate real estate posts, subscribe, free, to The Cutting Edge or subscribe to the Cutting Edge RSS Feed

Just because the real estate market is being trumpeted by bull horns, that doesn’t mean it’s time to retract your bear clawsÂ – http://www.bloodhoundrealty.com/Bloodho…
Six Realestate Twitter Tools to Network Locally | Real Estate Opinion MAG – AgentGenius – http://agentgenius.com/real-es…
Realtor Magazine Reducing Print Publication in Half | Real Estate Opinion MAG – AgentGenius – http://agentgenius.com/g-rants…
Showing Agent Feedback: Faux Pas or KumBaYa? | Real Estate Opinion MAG – AgentGenius – http://agentgenius.com/real-es…
My New Home: Knowledgeable buyer finds dream space in Midtown : Real Estate : Memphis Commercial Appeal – http://www.commercialappeal.com/news… Sunday
Realtors get Web-savvy to keep up with buyers, but find personal skills still matter : Business News : Memphis Commercial Appeal – http://www.commercialappeal.com/news… Sunday Thanks to Don Wade with the Commercial Appeal for interviewing me for this story.
BloodhoundBlog.com | The Problem With Agents: They’re Not Selfish Enough – http://www.bloodhoundrealty.com/Bloodho… Sunday
Real Estate For the Dazed & Confused | Real Estate Opinion MAG – AgentGenius – http://agentgenius.com/g-rants… Saturday Lightening it up with a little real estate humor
Thinking of buying a Condo? Look into FHA financing – http://memphisrealestatebuzz.com/2009… Saturday from Memphis Real Estate Buzz -
BloodhoundBlog.com | Data Discrimination, A Class Action Lawsuit in the Making – http://www.bloodhoundrealty.com/Bloodho… Saturday
New Appraisal Rules Make Selling Homes Tougher – Housing Doom – http://housingdoom.com/2009… Saturday My last 5 sales have had appraisal-related issues.
“We are looking to attract more listings without paying a lot of advertising expense” | Real Estate Opinion MAG – AgentGenius – http://agentgenius.com/g-rants… Friday
7 Ways You’re Screwing Up Relationship Marketing | Copyblogger – http://www.copyblogger.com/relatio… Friday
Buying a Condo? Look For the FHA Label From The Developer : The Real Estate Bloggers – http://www.therealestatebloggers.com/2009… Friday Condo buyers must pay 30% down on conventional financing!
IDX debate: Is it fair to block listings? | Inman News – http://www.inman.com/news… Thursday
The Greatest Example of Collusion in History? | Real Estate Opinion MAG – AgentGenius – http://agentgenius.com/real-es… June 17 Scary!!
Top 10 negotiating rules for Realtors | Real Estate and Technology News for Agents, Brokers and Investors | Inman News – http://www.inman.com/opinion… June 17
Matrix Â» [Fly On Wall] Mortgage Lending Status Quo – Appraisal As Nuisance – http://matrix.millersamuel.com/… June 17
It’s the Strong That Survive – Right? | Real Estate Opinion MAG – AgentGenius – http://agentgenius.com/g-rants… June 16
Calculated Risk: Cramer Gets Confused on Housing – http://www.calculatedriskblog.com/2009… June 16
Calculated Risk: Jim the Realtor: Tour of Shadow Inventory – http://www.calculatedriskblog.com/2009… June 16
The Horizon heads to the auction block – Memphis Business Journal: – http://memphis.bizjournals.com/memphis… June 16
BloodhoundBlog.com | Darwin and the Notorious NAR – http://www.bloodhoundrealty.com/Bloodho… June 16
Matrix Â» [Contract Contingency Quagmire] A Seller Decides To Keep A Buyer’s Life Savings – http://matrix.millersamuel.com/… June 16

For up to date real estate posts, subscribe, free, to The Cutting Edge or subscribe to the Cutting Edge RSS Feed

Thanks you for reading Real Estate News You Don’t See on the News – from The Cutting Edge- June 23, 2009. For similar Memphis Real Estate articles visit Memphis Real Estate Buzz ,

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