Posts from March 2009
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6
Realtors Seek New Ways to Sell Rising Foreclosure Properties - WPLN-FM (NPR) Nashville Public Radio
Friday, March 6, 2009
By Kate Georgen
Rising foreclosures have Nashville realtors looking for new ways to sell their foreclosed properties.
In Davidson County alone, foreclosure rates are up 70 percent from this time last year. This week, Crye-Leike filled two charter buses with potential investors for a tour of bank-owned properties. The real estate agency has seen its foreclosure inventory more than double since this time last year.
Jon Schmarko took Crye-Leike's tour. While the housing market here isn't improving, he recently moved from Michigan to Nashville and says the investment prospects are better.
It's not nearly as bad here in Nashville, there's still a lot of good opportunity here. The market is totally...
6
Crye-Leike, REALTORS Congratulates Affiliate Broker Janell Glasgow-Hall upon earning her Senior Real Estate Specialist Designation
BRENTWOOD, TN., - Crye-Leike, REALTORS is proud to announce that Affiliate Broker Janell Glasgow-Hall has successfully earned her professional real estate designation as a Senior Real Estate Specialist (SRES). She is an Agent with Crye-Leike based out of the company's Brentwood West branch office located at 5111 Maryland Way.
To earn certification as a Senior Real Estate Specialist (SRES), Janell completed a comprehensive course in understanding the needs, considerations and goals of real estate buyers and sellers age 55 and older.
"The SRES designation certifies that a Realtor has demonstrated knowledge and expertise to counsel clients in the 55-plus age category through major financial and lifestyle transactions, said Janell. "There are 80 million Baby Boomers and their parents, who will be navigating a series of economic and lifestyle transitions in the future, and I think it's important to have as much information and option...
5
Real Estate Agency Hosts Foreclosure Tour - WKRN-TV News 2 Nashville (ABC)
A record five-and-a-half-million Americans are facing foreclosure, according to new numbers released by the Mortgage Bankers Association of America Thursday.
While California and Florida are on the high end of the spectrum, with more than 30,000 foreclosures a piece, Tennessee is considered to be in the lowest danger category, with just fewer than 5,000.
According to the MBA, the percentage of overdue loans hit 12% in February, up from 10% in September and 8% in February of last year.
Thursday, local real estate agency Crye-Leike hosted a bus tour of foreclosed homes in the area.
The first home on the tour was listed for $92,000 in 2008. Since then, the carpet and tile has been replaced and it's now listed for just less than $50,...
4
Crye-Leike, REALTORS is Proud to Welcome Crye-Leike Ron Mann Real Estate as a NEW Company Franchise Branch Office in Morristown, Tennessee
"We're excited about Ron Mann's business plan and ideas for Morristown Real Estate," said Kevin Joiner, President, Crye-Leike Franchises, Inc. "We believe Ron and his team will utilize all the tools Crye-Leike has available, to assist home owners in the Morristown and surrounding areas find the property of their dreams. Moreover, we believe Ron and his team will attract the most qualified and courteous agents in the business, who share our mutual commitment to absolute integrity and professionalism. "
The Crye-Leike Franchise is under the leadership of Owner and Managing Broker Ron Mann. He says his...
4
Shelby County Homeowners Brace For Property Reappraisals - Memphis News Channel 3 WREG-TV
By News Anchor & Reporter Alex Coleman
3:41 PM CST, March 3, 2009
Memphis, TN., It's almost a rite of passage for thousands of Shelby County homeowners like Larry Finney. It's a time when they begin checking their mailboxes for property reappraisal notices.
"Anytime you invest money into something you'd like to see it appreciate. That hasn't been the case for the property around here," Finney said.
Anyone wondering how much their home values have gone up or gone down will have those questions answered when 2009 Reappraisal Notices are mailed out. Cheyenne Johnson is the Shelby County Property Assessor.
"They could possibly be considered a shock, but I think it's a realization of what occurred over the last four years," Johnson said.
Johnson says a slow housing market and a record number of homes in foreclosure will...
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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