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Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the NATIONAL ASSOCIATION OF REALTORS® (NAR). Sales of single-family homes, townhomes, condominiums, and co-ops, increased 6.5% in July and are 17.2% above the sales pac...
08/22/2013
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Memphis-area home sales for July increased 22.5 percent from a year ago, with 1,714 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales were up 17.5 percent from June. Average sales price year-over-year rose 8.8 percent to $161,399. In...
08/09/2013
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Rising interest rates took a bite out of home sales in high-priced markets, but nationally, home prices still rose in June, according to the latest data from the NATIONAL ASSOCIATION OF REALTORS®. The number of homes sold during June, declined a scant 1.2%. If the current pace continues, about 5 ...
07/25/2013
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Builders started construction on fewer new homes than expected in June, and permits for future construction also fell, the Commerce Department reported Wednesday. Housing starts fell nearly 10 percent last month to the lowest level since August 2012. Housing permits—a gauge for future home constr...
07/21/2013
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Memphis-area home sales for June increased 6.7 percent from a year ago, with 1,459 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales were flat from May. Average sales price year-over-year rose 9.9 percent at $161,508. Inventory was u...
07/11/2013
May was a good month to be a home seller. The median existing-home price rose 4.2% in a month, reaching $208,000 in May, according to data from the NATIONAL ASSOCIATION OF REALTORS®. A sellers’ market could continue in many areas in the coming year because the supply of homes for sale isn’t keepi...
06/27/2013
Home mortgage rates are beginning to rise, and that’s causing great anxiety among some would-be homebuyers who can’t find a home to buy. According to a new analysis from the real-estate portal Trulia, interest rates could rise to 10.5% nationally before renting would become a cheaper option than...
06/17/2013
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Memphis-area home sales for May increased 1.6 percent from a year ago, with 1,473 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales increased 6.3 percent from April. Average sales price year-over-year rose 10.6 percent at $139,779. I...
06/17/2013
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Highlight your home's strengths, downplay its weaknesses and appeal to prospective buyers with these secrets. Use Color Creatively Color can be incorporated in many ways, so don't be afraid to use it creatively. From unique pieces of art to decorative pillows, a pop of color can really catc...
05/27/2013
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Memphis-area home sales for April rose 18.3 percent from a year ago, with 1,386 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales increased 19.1 percent from March. Average sales price year-over-year rose 5.8 percent at $135,104. Inv...
05/09/2013