Suburban residential home market softening
“We’re not quite as aggressive as we were, but I think we’re still going to see demand for years to come as long as interest rates don’t get carried away,” said Barry Dukes, whose construction company builds in Arlington at the Belmont and other projects. (Greg Campbell/Special for The Daily Memphian)
Nationally, home sales notched their longest streak of declines in 23 years as sales dropped for a 10th consecutive month in November.
Topics
Subscriber Only Memphis Area Association of Realtors Home sales Interest RatesWill you help us reach more Memphians with quality, in-depth local news?
You know the value of having unlimited access to The Daily Memphian’s news. When you subscribe, you get full access to our news. But when you donate, you help us reach all Memphians.
Pay it forward. Make a fully tax-deductible donation to The Daily Memphian today.
Thank you for reading the local news. Thank you for investing in our community.
Michael Waddell
Michael Waddell is a native Memphian with more than 20 years of professional writing and editorial experience, working most recently with The Daily News and High Ground News.
Comments
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.