There are 48 article(s) tagged Memphis Area Association of Realtors:

• June 2021

  • Memphis-area housing market hits ‘go-mode,’ sales rise 42%

    The number of homes sold in Shelby, Tipton and Fayette counties last month rose 42% from May 2020. While prices continued rising, so did the number of homes on the market.

    By Tom Bailey June 03, 2021

• May 2021

  • Number of available homes rises 2.9% in April

    The number of Memphis-area homes sold in April 2021 rose 25.9% compared to April 2020, local Realtors report.

    By Tom Bailey May 12, 2021

  • Chickasaw Gardens duplex hits the market for $1.2 million

    About $4,000 is the projected, monthly rent for each of the two units. But the apartments – if that’s how a buyer uses them – are more than 3,000 square feet each, have luxury finishes, and are nestled in one of the city’s leafiest neighborhoods.

    By Tom Bailey May 05, 2021

• April 2021

  • Number of houses for sale rises, but by less than 1%

    The number of home sales rose 45% from February and nearly 13% from a year ago. But the stat that affects more people the most – the inventory of homes available for sale – remained low at 1,990.

    By Tom Bailey April 08, 2021

• March 2021

  • Memphis homes on market dip below 2,000; average sales price tops $200,000

    The number of houses sold in Shelby, Fayette and Tipton counties in February dropped 5.2% from a year earlier. But the week of snowy weather was likely a factor.

    By Tom Bailey March 04, 2021

• February 2021

  • January home sales rise 11.2%

    The average price of houses sold continued to rise also, up nearly 15% compared to a year earlier.

    By Tom Bailey February 05, 2021

  • Confidence pays off for president of Memphis Area Association of Realtors

    Cassandra Bell-Warren credits her mother and grandmother for the self-confidence and curiosity that has helped her experience the world she never saw from her childhood home in South Memphis. 

    By Tom Bailey February 01, 2021

• January 2021

  • Memphis Realtors sold more houses during year of COVID-19 than in 2019

    The number of houses sold in December rose 10.7 percent compared to a year earlier. And for the entire pandemic-plagued year of 2020, house sales still climbed slightly.

    By Tom Bailey January 12, 2021

  • Prices rise, fewer homes available in Frayser and Raleigh

    A trend of rising housing prices combined with less homes available in Shelby County is reflected in two North Memphis neighborhoods: Frayser and Raleigh, albeit at different rates, according to Memphis Area Association of Relators (MAAR) data.

    By Omer Yusuf January 11, 2021

• December 2020

  • Prices rise, sales increase for Memphis-area homes

    The average price of a house sold in Shelby, Fayette and Tipton counties during November was $217,080, up 10.7% from a year earlier. But the number of houses for sale continues to shrink.

    By Tom Bailey December 08, 2020

• October 2020

  • Is COVID boosting home sales?

    The pandemic, combined with low interest rates, may be fueling home sales. At least among those who have job security.

    By Tom Bailey October 12, 2020

• September 2020

  • Memphis-area home sales fall 5.3% in August, but prices rise

    The average sales price for Memphis-area homes this August rose to $221,098, up 13.3% from $195,134 in August 2019.

    By Tom Bailey September 08, 2020

• August 2020

  • Memphis-area home sales rise a ‘pretty remarkable’ 1.9% in July

    Following the early shock of COVID-19, the positive July sales reflect acceptance of a "new normal'' in the local real estate market, one Realtor believes.

    By Tom Bailey August 10, 2020

• July 2020

  • Sellers rule as home listings keep shrinking

    The number of houses for sale in the Memphis area has dropped by a third over the past year.

    By Tom Bailey July 10, 2020

• June 2020

  • Memphis home sales fall 20% in May

    The pandemic gets the blame for putting a hard brake on home sales in the Memphis area. But the average price for homes continues to rise and the year-to-date sales volume is still ahead of 2019.

    By Tom Bailey June 08, 2020

• May 2020

  • April home sales drop (only) 15%

    Yes, the pandemic pushed home sales down substantially. But the agents still completed 1,456 transactions under trying conditions. And this weekend, look for the return of open houses.

    By Tom Bailey May 08, 2020

• April 2020

  • Safe houses: Real estate agents adapt to COVID-19

    The real estate industry is deemed an essential business and is still operating during the pandemic. But agents are taking such safety precautions as hosting live, virtual open houses and arranging drive-by closings. 

    By Tom Bailey April 21, 2020

• March 2020

  • Home prices rise, ‘For Sale’ signs fade

    The number of February home sales in the Memphis area rose 3 percent from February 2019, but the number of houses for sale – already persistently low for years – fell another 13.5 percent from a year ago, according to the Memphis Area Association of Realtors.

    By Tom Bailey March 06, 2020

• February 2020

  • New leader has simple message: ‘Be a cheerleader for Memphis’

    Kathryn Garland, a former chef turned real estate agent, is the new president of the Memphis Area Association of Realtors. 

    By Tom Bailey February 12, 2020

• January 2020

  • Suburbs see fewer residential sales in 2019

    Shelby County's suburban cities and towns have recorded fewer home sales in 2019's sellers' market, although Millington and Lakeland could beat last year's sale numbers.

    By Abigail Warren January 02, 2020

• December 2019

  • Local Realtors say Memphis could outperform 2020 housing forecast

    Memphis brokers believe Memphis housing market could surpass the tepid 2020 sales forecast by Realtor.com, which also projects home prices locally to rise 3% year over year.

    By Christin Yates December 09, 2019

• October 2019

  • Memphis remains one of the top US markets for real estate investors

    Memphis is the fifth hottest market in the U.S. for investors seeking to flip homes, behind Tampa, Miami, Birmingham and St. Louis, according to a new report from Realtor.com.

    By Frank Lanigan October 22, 2019

• May 2019

  • Hot Arlington home market expected to stay strong

    Homebuilders can't keep up with demand in Arlington for now, helping to send average prices and buyer interest in available homes higher. 

    By Michael Waddell May 30, 2019