Monthly Archives: December 2013

New ETHDC Homes Coming to Lonsdale

Today Mayor Madeline Rogero joined officials from the East Tennessee Housing Development Corporation to break ground on two new houses that ETHDC is building on lots in the Lonsdale neighborhood

Groundbreaking for New Housing in Lonsdale

On Thursday, Dec. 19 at 3:30 p.m., Mayor Madeline Rogero will join officials from the East Tennessee Housing Development Corporation to break ground on two new houses that ETHDC is building on lots in the Lonsdale neighborhood. The two lots are located at 3425 and 3435 Bishop St. The homes are expected to be priced at $110,000. They are currently planned as three bedrooms, two baths, and approximately 1,176 square feet.

November Market Report

Memphis-area home sales for November were down 2.9 percent from a year ago, with 1,154 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales declined 16.3 percent from October. Average sales price YTD rose 10.7 percent to $143,341. Inventory was down 1.7 percent with 6,504 units listed for sale. Sales volume YTD increased 19.4 percent to $2.15 billion.

MAAR’s Commercial Council Earns ACE Award

The Memphis Area Association of REALTORS® Commercial Council has been honored with a 2013 ACE Award, for Accredited Commercial Excellence

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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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Announcement of Maximum Effective Rate of Interest on Home Loans

The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest

October Market Report

MAAR

June Market Report