January 2013 Market Report
MEMPHIS, TN - February 11, 2013 - (RealEstateRama) -- Memphis-area home sales for January increased 46.1 percent from a year ago, with 1,259 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales rose 8.9 percent from December. Average sales price was up 7.3 percent at $123,696. Inventory declined 6.3 percent, with 6,070 units listed for sale. Sales volume for the month year-over-year increased 56.6 percent to $155.7 million
Christine Mclnerney utilizes IDX Broker software to display Tennessee homes on her professional website
EUGENE, OR - February 6, 2013 - (RealEstateRama) -- IDX, Inc. and Knoxville, Tennessee real estate consultant Christine Mclnerney have joined forces to present area home seekers with a comprehensive and detailed real estate website. IDX Broker software has integrated a search page that extracts raw listing data directly from the Knoxville MLS (KAARMLS) database and seamlessly presents it on Mclnerney’s website. She can now supply her clients with thousands of Tennessee homes instantly, from the convenience and familiarity of her IDX-enabled website.
State Street Garage Construction Public Meeting Feb. 7
WASHINGTON, D.C. - February 5, 2013 - (RealEstateRama) -- A public meeting on State Street Garage construction will be held on Thursday, Feb. 7 at 5 p.m. in the East Tennessee History Center located at 601 S. Gay St.
Corker Pleased FHA is Following Through on Steps to Restore Solvency to Housing Finance
WASHINGTON, DC - January 31, 2013 - (RealEstateRama) -- U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, said today he is pleased the Federal Housing Administration is following through on steps Corker requested to get FHA back to solvency
Local, National Leaders Present Trends Affecting Memphis-Area Commercial Real Estate Market
Memphis, TN - January 28, 2013 - (RealEstateRama) -- Real estate leaders will offer their reviews and insights for the Memphis-area commercial market at the 10th annual Commercial Property Forecast Summit. Event activities begin at 8 a.m. on Thursday, Feb. 7, at the Germantown Performing Arts Centre. The program is presented by the Memphis Area Association of REALTORS® (MAAR) Commercial Council.
Realtor upgrades Tennessee real estate website by adopting IDX Broker software
EUGENE, OR - January 25, 2013 - (RealEstateRama) -- With new agents and brokers adding customizable IDX solutions daily, IDX, Inc. is pleased to welcome Amy Shrader to the ever-expanding network of real estate professionals who have enhanced the online property search capabilities they host online. IDX Broker software now seamlessly integrates Lakeway Area MLS (LAAMLS) listings directly onto the website Shrader supports. A thorough and comprehensive IDX enabled search page allows Bean Station, Tennessee home seekers to quickly and easily find the property of their dreams without leaving the convenience of the website of Shrader.
Corker Asks Regulators to Simplify, Synchronize Mortgage Lending Rules and Avoid Permanently Keeping Taxpayers...
WASHINGTON, DC - January 22, 2012 - (RealEstateRama) -- In a letter today, U.S. Senator Bob Corker, R-Tenn., a member of the Senate Banking, Housing and Urban Affairs Committee, urged federal banking regulators to simplify and synchronize underwriting standards for new mortgage lending rules to avoid permanently regulating the private sector out of the housing finance business. The qualified residential mortgage (“QRM”) being implemented under the Dodd-Frank Act currently exempts loans sold to Fannie Mae, Freddie Mac, and the Federal Housing Administration
Real estate professional Brett Price increases functionality of his search page by employing IDX...
EUGENE, OR - January 18, 2012 - (RealEstateRama) -- IDX, Inc. has integrated the dynamic IDX Broker software onto the website of Tennessee real estate agent Brett Price. Georgia MLS (GAMLS) listings are seamlessly displayed on the search page Price hosts, creating a database with thousands of detailed property listings for clients of Price to search through. The IDX solution he employs even gives Price the ability to quickly and easily supply potential Nashville, Tennessee buyers with a thorough and innovative IDX-backed real estate search.
Homeownership Preservation Foundation and Tennessee Attorney General Partner on Statewide Hotline to Facilitate Distressed...
WASHINGTON, D.C. - December 13, 2012 - (RealEstateRama) -- The Homeownership Preservation Foundation (HPF), an independent national nonprofit dedicated to helping distressed homeowners navigate financial challenges and avoid mortgage foreclosure through its Homeowner’s HOPE™ Hotline, and Tennessee Attorney General Bob Cooper announced today that they have partnered on a statewide hotline to facilitate distressed homeowners’ access to available mortgage relief programs.
November Market Report
MEMPHIS, TN - December 12, 2012 - (RealEstateRama) -- Memphis-area home sales for November increased 8.5 percent from a year ago, with 1,180 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales decreased 13.9 percent from October. Average sales price year-over-year was up 6.2 percent at $128,339. Inventory declined 4.4 percent, with 6,805 units listed for sale. Sales volume YTD increased 19.3 percent to $1.79 billion.