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Posts from January 26th, 2005

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January
26

CRYE-LEIKE'S WEST TENNESSEE REGION.        Crye-Leike's West Tennessee Region had its best year ever since the founding of the company 27 years ago. Company officials attribute the growth in sales to the addition of branch offices in Arlington, East Memphis and Downtown Memphis within the past three years as well as to the expansion of its existing Collierville office.

Sales reported by Crye-Leike, Inc. (Memphis) includes sales from the Greater Memphis area, including West Memphis, Ark. and Olive Branch, Hernando, Southaven and Tupelo, Miss.        The company reports year-end sales volume in the Greater Memphis area at $2.1 billion in 2004, up 16 percent from $1.8 billion through 2003. Year-end closings were 12,690, up 6.6 percent over comparable year-end results in 2003.

Fourth-quarter sales of $478.5 million in 2004 represent an 11.2 percent increase over same-quarter results a year prior. Its 2,982 property sales in the fourth quarter of 2004 repre...

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January
26

CRYE-LEIKE'S ARKANSAS REGION. Crye-Leike expanded its regional headquarters into Central Arkansas during the second quarter of 2002, a move that has escalated company sales six-fold in Arkansas since establishing a Jonesboro office in 1999.

"We continue to see Little Rock as a growth market for our company, providing our Crye-Leike customers with state-of-the-art services that are not readily available in that area, " said Harold E. Crye, chief executive officer and general manager of Crye-Leike of Arkansas, Inc.

Sales reported by Crye-Leike of Arkansas, Inc. includes sales from its 10 corporate offices within Crye-Leike's Central Arkansas Region, including Jonesboro.

Year-end sales volume in 2004 for Crye-Leike of Arkansas, Inc. totaled $419.17 million, up 89 percent from $221.6 million through 2003. These figures represent 3,496 in property sales, a 90 percent increase over comparable year-end results in 2003.

Crye-Leike of Arkansas...

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January
26

CRYE-LEIKE'S MIDDLE TENNESSEE REGION.    Crye-Leike's Middle Tennessee Region had its best sales performance ever since the company entered the Nashville real estate market 12 years ago.     Sales reported by Crye-Leike of Nashville, Inc. includes sales in eight counties surrounding the Greater Nashville metropolitan area.          Crye-Leike of Nashville's year-end sales volume totaled $1.4 billion, up 20.2 percent from $1.1 billion through 2003. These figures represent 8,459 closings in 2004 by its 800-plus sales associates in an eight-county mid-state region.

Crye-Leike of Nashville, Inc. disclosed $ 305 million in sales volume during the fourth quarter of 2004, up 11 percent, and 1,902 in unit sales, up 5.4 percent from same-quarter results a year earlier.

Crye-Leike of Nashville, Inc. has a sales force of over 800 sales associates who are located in 19 branch offices in eight counties throughout its Middle Tennessee Region, located in Davidson,...

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January
26

CRYE-LEIKE'S EAST TENNESSEE REGION.    Sales in Crye-Leike's East Tennessee Region has consistently maintained record-breaking sales for the past seven years since its establishment in the Greater Chattanooga area in 1997.

Sales reported by Crye-Leike of Chattanooga, Inc. includes sales in five counties surrounding the Greater Chattanooga metropolitan area, including Johnson City, Tenn. in Washington County and Fort Oglethorpe, Ga. in Catoosa County.

Crye-Leike of Chattanooga's year-end sales volume totaled $573.6 million, up 16 percent, and property sales totaled 4,000, a 7 percent increase from the sales reported through 2003.

Sales volume in the fourth quarter totaled $142.8 million, up 26 percent from same-quarter results a year earlier, representing 986 in unit sales, up 14 percent from same-quarter results a year earlier.

Crye-Leike of Chattanooga, Inc. has a sales force of over 350 sales associates who are located in nine bra...

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January
26

Memphis, Tenn. - Tennessee-based Crye-Leike, the nation's 10th largest residential real estate company and largest in Tennessee and the Mid-South, posted a record sales year of over $4.6 billion in 2004, the highest sales performance in company history and a growth pattern Crye-Leike has consistently repeated over the past 27 years.

Crye-Leike officials made this announcement to its 2,800-plus sales associates at the company's annual meetings held January 2005 in its Memphis, Nashville, Chattanooga and Little Rock regional markets.

Crye-Leike reported $4.61 billion in total sales company wide in 2004, up 26 percent from $3.66 billion through Dec. 2003. These 2004 figures represent Crye-Leike's sales associates handling 29,581 closings within a six-state region, an 18.5 percent increase from the 24,953 closings reported through Dec. 2003.

To put Crye-Leike's $4.6 billion sales figure into perspective, that represents its 2,800-plus sales associates...

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