Memphis Real Estate News!

Great condo in Midtown Memphis between Union Ave and Madison Ave.  This is a 2 bedroom 2 full baths and a 1/2 bath home.  First floor is an open floor plan with a living room with a wood-burning fireplace, dining area, private laundry area, good size kitchen and so much more.  The best feature of...

Yesterday I was talking with a loan officer from Magna Bank, Allen Bethel, in my office about the new tax incentives that we are telling our clients about.  While the $8000 incentive that goes to buyers who are essentially classified as First-Time Homebuyers is something we are all familiar with,...

The past few months have certainly been a challenge for me.  First my Mom dies in August in the middle of our relocation to Memphis.  The closing on the sale of my house in the Baltimore area is delayed over and over and over again ... depressing.  And then on top of all that I'm having to start ...

Ok, today I'm in a blogging mood ... what can I say! My church, Shady Grove Presbyterian Church as 5530 Shady Grove Road (the corner of Yates and Shady Grove) has been around for about 52 years or so.  It has always been a very special place.  It is well known for being a leader in the Memphis co...

Are we out of this gray market yet or not?  There seems to be some conflict on where home values are headed in the next few months.  Among those issues are how much the houses are decreasing in value versus the perception of individuals related to the decrease in value. In a recent survey, 49% of...

This past Friday our Office Administrator sent out the August 2009 with 2008 comparisons of the Memphis real estae market  The one thing I noticed was tha overall the market is still down, even from 2008, but that prices in the market are a little higher in 2009 than in 2008.  That shows some imp...

There was an interesting article in the Memphis Commercial Appeal.  In this article, it stated that of the 12 Federal Reserve Regions, 11 of them were beginning to show a robust return to business as usual.  The one region not reporting this wonderful and good news was the St. Louis Federal Reser...

There was an interesting article that I've just read regarding Lenders and Fannie Mae Policies.  Apparently in a local situation (like may be declining market or something else) the lender can ask for certain waivers on policies of Fannie Mae to adjust to th elocal market.  In fact, they are so a...

Well here we go again ... with an issue in the real estate community that is needed  (badly), but not one that has been given enough thought, enough effort, and has failed, miserably, to include the people at the table that NEED to be at the table. Following the downturn and collapse of the real ...

Good morning! Yesterday at 1:27PM I lost my mother.  Not only did I lose my Mother, I lost my BFF as they put it.  There are so many memories of her and I loved her dearly.  Mother was always here ... when I took my first real estate test exam, there she was waiting patiently and confidently (tha...