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Posts from January 2010

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January
20

COOKEVILLE, TN., - The Cookeville/Cumberland region has not been immune to the global economic and real estate market downturn.  With the start of a new year, several indicators point to improving conditions for real estate values and investment opportunities across the region.

One of those 'positive signs' is a decision by the state's largest real estate firm, Crye-Leike, REALTORS, to launch a new Commercial Division based out of Cookeville, Tennessee.

"Crye-Leike Commercial has placed great confidence in the Cookeville-Middle Tennessee market." said Bill Monday, Managing Broker of Crye-Leike Commercial, Cookeville. "Our company is putting its money where its mouth is based on many positive indicators on the outlook for the region and commercial real estate as a good investment."

According to Monday, Cookeville is ranked #1 as the strongest Micropoli...

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January
20

By Tom Bailey Jr.

Posted January 20, 2010 at 12:04 a.m.

 

The agent with the most recognizable hair in Memphis real estate sat in the back row with her congratulatory bouquet of roses Tuesday, quietly showing why she'd just been recognized as the No. 1 agent at Crye-Leike Realty.

 

Instead of soaking up adoration during the company's "2010 Kick Off" for about 400 agents gathered at the Holiday Inn-University of Memphis, Judy "Judymac" McLellan hunched over her smart phone, possibly working on another sale.

 

Leaders Dick Leike and Harold Crye acknowledged 2009 was a bad sales year for the region's largest real estate company.

 

They used McLellan as an example for other agents to help Crye-Leike meet its $4.1 billion sales goal in 2010. That's 5 percent more than the $3.8 billion in sales for 2009.

 

In a video, McLellan explained to fellow...

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January
19

Little Rock, AR., - Many first-time homebuyers have already taken advantage of the $8,000 tax credit that began stimulating the struggling housing market in 2009. For those first-time buyers who waited and for current homeowners looking to buy in this challenging market, there is new hope in 2010 with the extension and expansion of the tax credit.

 

"As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress passed new legislation that will extend the $8,000 first-time homebuyer tax credit until April 30, 2010," said Crye-Leike Executive Broker Allison Harper. "The new legislation also expands the credit granting up to $6,500 to current home owners purchasing a new or existing home between November 7th, 2009 and April 30th, 2010."

 

In order to help potential buyers learn how they can take advantage of the tax credits, Crye-Leike, REALTORS Little Rock Baseline Road branch...

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January
19

MEMPHIS, TN., - Despite a global recession and falling home prices, many MidSouth Crye-Leike agents saw their fortunes rise in 2009. At the company's annual Kick-Off meeting, held Tuesday, January 19 at the Holiday Inn at the University of Memphis, company Cofounders Harold Crye and Dick Leike celebrated their top producing agents with hopes for a ?less worse' economy in 2010.

 

"The best thing we can say about 2009, is thank goodness it's over," said Harold Crye. "We're all due for a better year and even though sales are down from where they were just a few years ago, there's lemonade to be made."

 

In 2009 Crye-Leike agents across the MidSouth sold more than $1.23 billion dollars in real estate, which equates to more than 8,000 homes sold. Out of the more than 20 Crye-Leike sales centers across the region, six of the retail offices experienced...

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January
19

Story Link: http://www.myeyewitnessnews.com/news/local/story/Crye-Leike-Realtors-Housing-Forecast-for-2010/8P9pE2OTOEiE1ngtDYBdmQ.cspx

 

Last Update: 1/19 8:38 pm

 

Midtown Memphis, TN -- It was a packed house for the Crye-Leike Realtors annual kick off party.

 

This is where the company's president Harold Crye says to kiss 2009 good bye and welcome 2010 with open arms.

 

Harold Crye says, "We're seeing for the first time in three years good activity. And, we're seeing that good activity in all prices ranges including the high end."

 

He says stock market investors are finally seeing returns and now have money to buy homes costing 5 hundred thousand dollars and above, that's driving home prices up.

 

He says for the longest time people were only buying foreclosures and lower price homes.

 

"If you're...

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