There are 11 article(s) tagged Housing Market:

• September 2024

  • Do renters need roommates to afford Memphis apartment rates?

    Moving out is a chance to live independently. But, for some, splitting rent is the only way to afford it. 

    By Sophia Surrett September 02, 2024

• May 2024

  • What does the future hold for Memphis’ suburban housing market?

    While increased interest rates and rising cost of materials have slowed the housing market, things could improve by the end of this year or the first of 2025.

    By Michael Waddell May 05, 2024

• February 2024

  • Memphis home sales in January are up from last year

    Despite last year’s declining inventory, there were 3,319 houses on the market in January, up 3.1% from December and 19% from January 2023.

    By Sophia Surrett February 15, 2024

  • Memphis-area home sales show a steady decline in 2023

    The shortage of houses on the market, price increases and the rise of interest rates have resulted in a national trend of declining home sales, said the president of the Memphis Area Association of Realtors.

    By Sophia Surrett February 05, 2024

• January 2024

  • December home sales for Memphis are down from 2022

    In December, the average sales price for a house was $262,144, up 6.2%. 

    By Sophia Surrett January 16, 2024

• November 2023

  • Condos and club pickleball courts get endorsement in Collierville

    Condominiums could be headed to downtown Collierville. Additionally, the Planning Commission endorsed pickleball courts at a local fitness center.

    By Abigail Warren November 03, 2023

• September 2023

  • Memphis area home sales were down this August

    August home sales in the Memphis area were down 18% compared to the same month a year ago, and year-to-date sales dropped 26%.

    By Sophia Surrett September 13, 2023

  • It’s still a seller’s housing market, but buyers aren’t completely shut out

    Local residential real estate brokers say homebuyers should not focus on interest rates but instead focus on the benefits of homeownership.

    By Sophia Surrett September 05, 2023

• July 2023

  • June home sales down 12.6% from 2022

    Although total home sales have decreased from last year, June sales rose 43.3% over May’s sales.

    By Sophia Surrett July 12, 2023

• May 2022

  • After more than 10 years vacant, Parkway Village apts. reopen as model housing

    After a two-year renovation totaling $19 million, all 558 units of the complex are renovated and ready for occupancy.

    By Alicia Davidson May 27, 2022

• February 2022

  • January home sales down 13% from last year

    “It’s competitive when making an offer, especially with inventory running a little low,” MAAR president Bill Stewart said in a statement.

    By Rob Moore February 09, 2022