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RealEstateRama

Tennessee RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Tennessee Real Estate publishing community.

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June Market Report

Memphis-area home sales for June increased 5.9 percent from a year ago, with 1,781 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 15.7 percent from May, when there were 1,539 total sales. Average sales price from June-to-June was up 5.2 percent, at $182,206. Inventory increased 1.9 percent, with 5,639 units listed for sale. YTD sales volume increased by 9.8 percent, at $1.34 billion.

State Fire Marshal: Use Care in Selecting Off-Campus Housing

As the summer season winds down, college students begin preparations for the fall semester. While some will be first-time students moving into residence halls, many will be moving off-campus and living on their own for the first time. The State Fire Marshal’s Office (SFMO) urges students and their parents to choose fire-safe off-campus housing and discuss fire safety practices in order to prevent potentially life-threatening situations

CORKER, COLLEAGUES WARN WATT AGAINST TAKING ACTIONS HARMFUL TO HOUSING FINANCE REFORM

U.S. Senator Bob Corker (R-Tenn.), a member of the Senate Banking Committee, released the following statement today after authoring a bipartisan letter to the director of the Federal Housing Finance Agency (FHFA). The letter encouraged Director Mel Watt to avoid taking steps that may facilitate the release of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac out of conservatorship without comprehensive reform. Senators Mike Crapo (R-Idaho), Heidi Heitkamp (D-N.D.), Dean Heller (R-Nev.), Jon Tester (D-Mont.), and Mark Warner (D-Va.) coauthored the letter

TDCI Offers Information to Tennesseans Affected by Flooding

The Tennessee Department of Commerce & Insurance’s (TDCI) Divisions of Insurance and Consumer Affairs are offering guidelines, tips, and general information to Tennessee homeowners and residents who were affected by the July 7, 2016 flooding

Tennessee Celebrates Homeownership Month

As is tradition, Governor Bill Haslam declared June to be “Homeownership Month” at the request of the Tennessee Housing Development Agency. Part of THDA’s mission is to make homeownership affordable to a wider range of Tennesseans through responsible financing options and the availability of down payment assistance.

2012 Editions of Commercial Building Codes Become Effective August 4

The State Fire Marshal’s Office (SFMO) reminds Tennessee communities that a new version of commercial building codes will be adopted and become effective August 4, 2016.

Consumer Affairs Provides Tips to Avoid Craigslist Housing Scams

The population boom in cities like Nashville has many consumers turning to online housing websites such as Craigslist to find an apartment or rental home. While these popular sites offer convenience for housing seekers, the Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumer Affairs warns that they can often be a playground for identity thieves and scammers.

Nissan and Heisman Trust partner with Habitat for Humanity to build a real ‘Heisman...

For the fourth consecutive year, Nissan is partnering with the Heisman Trophy Trust to begin construction of a Habitat for Humanity home in a community where the automaker has a business presence. This year the home is located north of Nashville.

Merkley and Murray Announce Key Appropriations Win To Address Tribal Housing Needs In the...

U.S. Senators Jeff Merkley of Oregon and Patty Murray of Washington announced today that the U.S. Senate is pressing the U.S. Army of Corps of Engineers (Army Corps) to move forward with construction of new tribal housing at historical fishing sites to replace villages that were flooded during the creation of the Columbia River dams

McNeill, Steffner, Woods, Crosstown Receive Top Pinnacle Award Honors

The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2015 at the 15th Annual Pinnacle Awards gala held April 7 at the Memphis Botanic Garden. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Phillip McNeill, Commercial Broker of the Year Joe Steffner, of Newmark Grubb Knight Frank, and Legacy Award winner Gene Woods. The Community Impact Award went to Crosstown Concourse.

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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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August Market Report

Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.