Sellers rule as home listings keep shrinking
The "Sold" sign was erected in front of this Midtown home this week, just a couple of weeks after the "For Sale" sign was posted. The number of homes for sale has been steadily dropping, creating a strong seller's market. (Tom Bailey/The Daily Memphian)
The number of houses for sale in the Memphis area has dropped by a third over the past year.
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Memphis Area Association of Realtors Home sales Real EstateTom Bailey
Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.
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