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Nashville, Tenn. - Sales of the nation's 10th largest real estate company, bolstered by favorable mortgage interest rates and solid house-price gains, are expected to top the $3.5 billion mark by year-end, according to Chief Executive Officer Harold E. Crye of Crye-Leike, Realtors who will be addressing his 2,800 sales force at the company's upcoming annual regional meetings to be held next month.
"If all indicators prove correct, Crye-Leike will have its best showing ever in 2003 during the company's 26 years in business," says Crye.
"Housing is now leading the economy because there has been a national shift in perspective about real estate as a sound investment," he says. "According to Fannie Mae's annual survey of homeownership attitudes, 70 percent of Americans see buying a home as a safe and smart investment. With this increased confidence in real estate, we have seen a stronger demand not only for inventory but also for services."
Crye-Leike...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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