Memphis Real Estate News!

I wrote a couple of weeks ago regarding my friend that has been in real estate for the past 5 months.  He has really been struggling. I wanted to give you an update on where he is at this point.  Well, he continues to stay in real estate.  In an effort to make his manager happy he is staying away...

Well apparently our economic recovery is not as good as we thought it was going to be in 2010.  According to various news reports it is predicted that in 2010 there will be ... brace yourself ... another drop in the market of 5 to 10 per cent. The 5 to 10% figure comes from Moody Economic while F...

During this time it is important that we remember others who have less to be merry about than we do.  A group from my church recently visited a Downtown Soup Kitchen where they handed out food to the homeless.  What a wonderful experience of giving back.  I think next year I will involve myself i...

Interesting tidbit I picked up today in an article.  The Federal Reserve is picking up $1.25 trillion in mortgage backed securities in an effort to keep interest rates low.  That is a great deal of money they are investing into the mortgage industry. My biggest concern is what is going to happen ...

The new home market is down 11 percent nationwide in November from October sales.  This seems to demonstrate that homeowners are taking their time in buying new properties with the expansion of the homebuyers credit and the existing home buyer credit. In Memphis and Shelby County new home sales p...

This is the first Christmas since my Mom passed away in August.  This has been a year of trial and tribulations.  I started Chemo just a month ago for Leukemia (had my second treatment this morning).  While I'm not feeling really good right now and the chemo really does mess up sleep cycle ... I ...

I hate how long it takes for us to get information that we process, but here it is right now.  Sales figures for October 2009 were up 10% from September 2009 and only 2% down from 2008. So we are improving month-to-month, but it seems that we are still down from our 2008 numbers which weren't tha...

I was doing some research yesterday for 4 new lisitngs and was wowed to find how much the market here in Memphis is shifting in a positive manner.  Right now the market is showing us that we have moved from a stable market to an increasing market.  That is good news.  Also the inventory level tha...

Having been a former residentn of Baltimore City, MD I am familiar with the political tactics that the Executive of the City, Sheila Ann Dixon, will go to try to make brownie points with the people of the city.  One of those recent tactics has been to sue Wells Fargo for alleged predatory lending...

I was hoping that Jingle Mail could be the start of a holiday greeting at this time of the year, but unfortunately it is someting that we are seeing more of each day in this tough economic time.  But people are looking the fact that even though they are able to afford the mortgage payment, they h...