There are 41 article(s) tagged Memphis Area Association of Realtors:
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.
At the end of the golf tournament, a wish is granted and this year’s wish went to a 12-year-old girl from Bradford, Arkansas.
“Huge increase in April sales from last year,” said Memphis Area Association of Realtors President Scott Bettis in the report. “There was also a sizable jump from March, and we’re now up more than 10% in sales for the calendar year.”
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.
Year-to-date home sales hit 2,344, up 18% from the same period a year ago. However, sales were down from last month.
Home sales are down for the third straight year. But with interest rates on the decline, some are hopeful the market stabilizes in 2024.
September’s monthly sales volume was $366 million, down 28.2% compared to the $510.1 million recorded in September 2022, according to the Memphis Area Association of Realtors September market report.
This week’s Inked shares MAAR’s January 2023 home sales report and updates on Dwell at Shelby Farms and the Greenbelt dock expansion.
Nationally, home sales notched their longest streak of declines in 23 years as sales dropped for a 10th consecutive month in November.
This week’s Inked highlights the Memphis Area Association of Realtors' September real estate report and CBRE’s third-quarter industrial and office report.
New Memphis moving to Emerge Building. Number of homes sold drops but August home prices up 5.2% over a year ago. Monster Mini Golf coming to Cordova.
North Main Street project may soon be underway, the city is ready to renovate a former Coke bottling plant for its own uses and a California-based franchise will open its third area franchise, in Bartlett.
This week’s Inked covers news on Big River Market’s grand opening, June real estate figures, Jones Aur Commercial Real Estate’s new partnership and CBRE’s industrial market report.
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.
Most suburbs saw more homes sell than the year prior. The seller’s market and low inventory continue to drive prices upward.
The Memphis Area Association of Realtors recorded 1,929 total home sales last month.
MAAR president Cassandra Bell-Warren said the market remains active.
“July was an incredible month and it’s been a very good year for home sales,” says local Realtors president Cassandra Bell-Warren.
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.
The number of Memphis-area homes sold in April 2021 rose 25.9% compared to April 2020, local Realtors report.
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.
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.
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.
The average price of houses sold continued to rise also, up nearly 15% compared to a year earlier.
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.
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