ARCHIVED BLOG POSTS
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