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MEMPHIS, TN - January 24, 2012 - (RealEstateRama) -- Memphis-area home sales for December fell 10 percent from a year ago, with 898 total sales recorded in the Memphis Area Association of REALTORS^® MAARdata property records database. Total sales for all of 2011 dropped 8.4 percent from 2010, with 12,790 recorded sales. Average sales price year-over-year was down 7.1 percent and for all of 2011 was off 2.9 percent at $125,448. Inventory was down 6.2 percent from the previous month, with 7,194 units listed for sale. Sales volume from 2010 to 2011 fell 11.1 percent to $1.6 billion

MEMPHIS, Tenn. - December 16, 2011 - (RealEstateRama) -- The Memphis Area Association of REALTORS® announced the recipients of its 2011 awards at a luncheon held on Wednesday, Dec. 14: Shorty Watkins of Century 21 Maselle & Associates was named 2011 REALTOR® of the Year. Mindy Creech of RE/MAX on Track was named 2011 REALTOR-ASSOCIATE® of the Year. The 2011 Affiliate of the Year honor went to Wendy Thompson of Patriot Bank Mortgage. Raymond Bursi of Bascom Realty received the Community Service Award. There were two recipients of the Outstanding Leadership Award: Isaac Northern, Jr. of Northern, Inc, and Fontaine Taylor of Crye-Leike, Inc., REALTORS®

MEMPHIS, TN - December 8, 2011 - (RealEstateRama) -- Memphis-area home sales for November jumped 28.4 percent from a year ago, with 1,076 total sales recorded in the Memphis Area Association of REALTORS^® MAARdata property records database. Total sales rose 2.1 percent from October, when there were 1,054 sales. Average sales price year-over-year was down 15.2 percent and year-to-date was also down 2.6 percent at $125,504. YTD total sales declined 8.3 percent. Inventory was down 4.7 percent from the previous month, with 7,673 units listed for sale. YTD sales volume fell 10.8 percent to $1.49 billion.

WASHINGTON, DC - November 17, 2011 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking Committee, today called an effort to renew excessive loan limits for mortgages backed by the Federal Housing Administration “unconscionable,” arguing the higher loan limits put taxpayers at risk when Congress should be restoring the private market for housing. A measure being added to an appropriations conference report would raise the FHA’s conforming loan limit to $729,750 after it had fallen to $625,500 in September.

MEMPHIS, TN - November 14, 2011 - (RealEstateRama) -- Memphis-area home sales for October declined 2.9 percent from a year ago, with 1,054 total sales recorded in the Memphis Area Association of REALTORS^® MAARdata property records database. Total sales fell 2.7 percent from September, when there were 1,083 sales. Average sales price year-over-year was down 1.5 percent and year-to-date was also down 1.5 percent at $126,080. YTD total sales declined 10.9 percent. Inventory was down 2.3 percent from the previous month, with 8,053 units listed for sale. YTD sales volume fell 12.3 percent to $1.36 billion.

WASHINGTON, DC - November 14, 2011 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Banking, Housing and Urban Affairs Committee, today introduced the Residential Mortgage Market Privatization and Standardization Act to responsibly unwind government-sponsored enterprises Fannie Mae and Freddie Mac and end dependence on the government for housing finance.

EUGENE, OR - November 8, 2011 - (RealEstateRama) -- IDX, Inc. is pleased to welcome Broker Lucky Luecke of Red Realty, LCC to the growing network of real estate professionals using the revolutionary IDX Broker software on their websites. Luecke now hosts a dynamic search page, syncing his website with thousands of RealTracs MLS (RTMLS) listings instantly. The innovative search capabilities Luecke now supports on his website have forever changed the way his clients and other Tennessee home seekers search for properties online.

MEMPHIS, TN - July 6, 2011 - (RealEstateRama) -- In its June Board of Directors Meeting, the Memphis Area Association of REALTORS^® voted to give a $7,500 donation to the REALTORS^® Relief Foundation. The action comes in response to a stormy spring in which communities across the Southeast and Midwest were hit by tornadoes, damaging winds and severe flooding

MEMPHIS, TN - July 6, 2011 - (RealEstateRama) -- Memphis-area home sales for June rose 4.5 percent from a year ago, with 1,612 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Existing home sales were up 5.8 percent from 2010. Total sales increased 16.1 percent from May (1,389).

MEMPHIS, TN - June 30, 2011 - (RealEstateRama) -- The Memphis Chapter of the Women’s Council of REALTORS® has been recognized nationally for its outstanding recruitment efforts. The WCR Memphis Chapter won first place in recruitment in the large chapter category by National WCR during the recent National Association of REALTORS® mid-year convention in Washington, D.C.