Monthly Archives: January 2014

December Market Report

Memphis-area home sales for December were down 10.1 percent from a year ago, with 1,088 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. However, YTD sales for 2013 rose 6.7 percent to 16,159. Average sales price YTD increased 10.6 percent to $143,395. Inventory was down 4.8 percent with 6,190 units listed for sale. Sales volume YTD increased 18.4 percent to $2.32 billion

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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