There was a spot on the channel 24 ABC news the other night and one of my listings actually happened to be in the shot. The story is about the good neighbor program that is offered by HUD. This program is a great way to buy a home, and is especially great for first time home buyers. The program will allow Teachers, nurses, police officers and fireman to purchase HUD foreclosed homes at a 50% discount to what anyone else is allowed to purchase the home for. The program is a gr
Rates have been up lately comparatively speaking. Sometime close to the end of January rates jumped up about a quarter point or possibly a half point depending on your credit. This is the highest rates have been in the last three years and have stayed above that level for the last month. This has caused rates that we saw in the medium to high threes over the last year to disappear again. This will be the 3rd or 4th time that rates have gotten this high since the great recessi
This months real estate market update!!!! Memphis Home Sales Stay Hot Despite February Cold, Rain. A cold and rainy start to the year may have slowed down new construction, but it wasn’t enough to cool off Memphis’ overall housing market.
The average home sales price in Memphis and Shelby County for February rose 3 percent to $149,432 when compared to last year’s figures, according to real estate information company Chandler Reports, chandlerreports.com.
The volume of hom