Yearly Archives: 2013

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

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.

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.

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

Knoxville's Community Development Corporation (KCDC) will hold its next public workshop for the Five Points Master Plan process at the Walter P. Taylor Boys and Girls Club, 317 McConnell St., on Thursday, Dec. 5, from 5:30 to 7:30 p.m

The City of Knoxville's Community Development Department is developing its 2014 Annual Action Plan for use of Community Development Block Grant (CDBG), HOME Investment Partnerships Act, and Emergency Solutions Grant (ESG) funds during the fiscal year that begins July 1, 2014

On Wednesday, Nov. 13th, the City of Knoxville formally assumed control of six properties on West Jackson Avenue, including the historic McClung Warehouses. Under an agreement signed by the bankruptcy trustee for the properties, the City paid $1.45 million to settle an outstanding lawsuit and acquire the land and buildings

MEMPHIS, Tenn., - November 14, 2013 - (RealEstateRama) -- Memphis-area home sales for October were flat from a year ago, with 1,378 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales were up 5.3 percent from September. Average sales price YTD rose 10.7 percent to $143,200. Inventory was down 0.9 percent with 6,615 units listed for sale. Sales volume YTD increased 20.6 percent to $1.99 billion

WASHINGTON, D.C. - November 6, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today approved a disaster recovery plan totaling nearly $7.5 million to help Shelby County, Tennessee to recover from severe storms, tornadoes, straight line winds, and flooding in May of 2011. These disaster plans will rely on grants provided earlier this year through HUD’s Community Development Block Grant (CDBG) Program.

MEMPHIS, Tenn., - October 8, 2013 - (RealEstateRama) -- Memphis-area home sales for September increased 1.0 percent from a year ago, with 1,309 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales were down 23.1 percent from August. Average sales price YTD rose 10.2 percent to $142,738. Inventory was up 1.2 percent with 6,678 units listed for sale. Sales volume YTD increased 21.1 percent to $1.78 billion.