There are 22 article(s) tagged MAAR:

• January 2025

  • First-time homebuyers struggle with high rates, prices

    “It really is unfortunate because I believe that owning your own home, especially that first home, is truly the American dream.”

    By Sophia Surrett January 20, 2025

• October 2024

  • National Association of Realtors speaker: Economy has ‘bottomed out’

    Lawrence Yun, chief economist and senior vice president of research at the National Association of Realtors, gave an update about commercial real estate on national and local levels. 

    By Sophia Surrett October 10, 2024

• April 2024

  • March home sales in Memphis area were a mixed bag

    March total home sales were down almost 10% from last year but up 12.5% from February, according to the Memphis Area Association of Realtors housing-market report.

    By Sophia Surrett April 23, 2024

  • Commercial real-estate developers honored at Pinnacle Awards

    Hosted by the Memphis Area Association of Realtors Commercial Council, more than 160 people attended the event at the FedEx Event Center at Shelby Farms to recognize the top commercial real-estate professionals of 2023.

    By Sophia Surrett April 11, 2024

• March 2024

  • February home sales up from last year

    Year-to-date home sales hit 2,344, up 18% from the same period a year ago. However, sales were down from last month.

    By Sophia Surrett March 26, 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

  • October home sales were up in the Memphis area

    East Memphis had the highest total home sales, and Southwind had the lowest.

    By Sophia Surrett November 10, 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

• August 2023

  • July Memphis-area home sales down 37.2% from 2022

    In Shelby County, 1,120 total sales were recorded for July compared to last July’s 1,819 units — a 38.4% decrease. The average sales price was $292,978, an 11% increase from $263,922.

    By Sophia Surrett August 10, 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

• 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

  • Helping kids suits golf tournament organizers to a tee

    The Memphis Area Association of Realtors (MAAR) annual Make-A-Wish Golf Tournament is the single-largest external fundraising event for Make-A-Wish Mid-South, exceeding $500,000 in the event’s 11-year history. 

    By Rob Moore February 08, 2022

  • Increasing home sales add to suburbs’ growth

    Most suburbs saw more homes sell than the year prior. The seller’s market and low inventory continue to drive prices upward.

    By Abigail Warren February 06, 2022

• May 2021

  • Pinnacle Awards recognize top commercial real estate professionals

    A who’s who of the top local commercial real estate professionals gathered Downtown for the 20th annual Memphis Area Association of Realtors (MAAR) Pinnacle Awards. 

    By Michael Waddell May 21, 2021

• April 2021

  • County Commission withdraws reappraisal proposal

    The proposal by Assessor Melvin Burgess would have moved the cycle of countywide property reappraisals for taxation purposes from once every four years to every other year.

    By Bill Dries April 26, 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

• November 2020

  • Sales rise, prices soar for Memphis-area houses

    Neither COVID-19 nor the shrinking number of houses on the market prevented home sales in the Memphis area from rising 6.4% in October.

    By Tom Bailey November 23, 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

  • Developer plans rare new build in historic neighborhood

    Spencer Shadrach plans to sell the home for $230,000 to $250,000, while the average home sale price in the neighborhood the last two years is $50,278.

    By Elle Perry February 13, 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