June Market Report

Memphis-area home sales for June increased 4.2 percent from a year ago, with 1,887 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 6.1 percent from May when there were 1,779 total sales. Average sales price from June-to-June was up 1.6 percent, at $186,626. Inventory increased 1.7 percent, with 4,777 units listed for sale. Year-to-Date sales volume was up 13.3 percent at $1.53 billion.

Oakridge’s Department of Energy East Tennessee Technology Park Recognized for Saving Resources and Taxpayer...

Today the U.S. Environmental Protection Agency (EPA) recognizes the efforts of the Department of Energy’s East Tennessee Technology Park in Oak Ridge, TN for taking steps to improve efficiency, save resources and reduce costs as part of the Federal Green Challenge (FGC).

Corps Allocates $37 Million for Chickamauga Lock, Construction Continues for Third Consecutive Year

U.S. Sen. Lamar Alexander (R-Tenn.) says the Army Corps of Engineers Work Plan for Fiscal Year 2017 includes good news for all of East Tennessee – and everyone who benefits from river traffic passing through the Chickamauga Lock in Chattanoog

TDEC Announces Cleveland as Stormwater Program Participant

Tennessee Department of Environment and Conservation Commissioner Bob Martineau announced today the City of Cleveland as the latest participant in the Tennessee Qualifying Local Program (QLP). The program aims to eliminate the duplicative efforts at the state and local level in the stormwater permitting process

TDEC Lifts Water Contact Advisory for North Fork Holston River

The Tennessee Department of Environment and Conservation (TDEC) today lifted a water contact advisory for the North Fork Holston River in Hawkins and Sullivan Counties that went into effect on April 28. A sewer line break in Weber City, Virginia was repaired on Friday and no sewage is entering the river from that location any longer

Lamberson and Poag Receive Top Pinnacle Award Honors

The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2016 at the 16th Annual Pinnacle Awards gala held April 6 at the FedEx Event Center at Shelby Farms. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Dan Poag, of Poag Shopping Centers, and Wyatt Aiken Commercial Broker of the Year winner Johnny Lamberson, of CB Richard Ellis Memphis.
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JLL Selected to Market Former Bayer Campus in Memphis

Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President. More...

REALTOR® Emeritus Honorees Recognized by MAAR

The Memphis Area Association of REALTORS® this year honored 18 people with the REALTOR® Emeritus designation. The prestigious REALTOR® Emeritus designation recognizes those who have held successive membership in the National Association of REALTORS® and a local Association for 40 years. Lasik Surgery Nashville, TN

October Market Report

Memphis-area home sales for October increased 9.3 percent from a year ago, with 1,523 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 5.8 percent from September, when there were 1,616 total sales.

Household Hazardous Waste Mobile Collection in Giles, Pickett and Rutherford Counties on Nov. 5

The Tennessee Department of Environment and Conservation’s mobile household hazardous waste collection service will be in Giles, Pickett and Rutherford Counties on Saturday, Nov. 5. Since the program’s inception in 1993, more than 322,000 households have properly disposed of more than 21 million pounds of material.

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MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

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REALTOR® Emeritus Honorees Recognized by MAAR

The Memphis Area Association of REALTORS® this year honored 18 people with the REALTOR® Emeritus designation. The prestigious REALTOR® Emeritus designation recognizes those who have held successive membership in the National Association of REALTORS® and a local Association for 40 years. Lasik Surgery Nashville, TN

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June Market Report

Memphis-area home sales for June increased 4.2 percent from a year ago, with 1,887 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 6.1 percent from May when there were 1,779 total sales. Average sales price from June-to-June was up 1.6 percent, at $186,626. Inventory increased 1.7 percent, with 4,777 units listed for sale. Year-to-Date sales volume was up 13.3 percent at $1.53 billion.