Posts from January 2010
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18
Condo Market Sees Strong Rebound in December - The Memphis Daily News
FOCUS Real Estate & Development
ERIC SMITH | The Daily News
The latest sales numbers show the Downtown condominium market is making a slow and steady recovery, but perhaps the most telling sign that things are improving can be gleaned from a recent deal brokered by real estate agent Jason Durston.
Durston, co-owner of Get Sold Memphis and a broker for Crye-Leike Realtors, said the seller of a Downtown condo refused to take anything less than the asking price.
"The seller was like, ?Take it or leave it,' and got the buyer to come in at full price," Durston said. "(Buyers are) putting offers in and they're getting rejected. It's kind of coming back to the reality of, ?We still have a stable market, we're not all losing our shirts on these condos.'"
Granted, the market hasn't totally returned, but Downtown condos - in fact, the entire condo mar...
14
Huntsville Native Looks Forward To Helping Buyers Find Their Dream Home
HUNTSVILLE, AL., - As a Huntsville native and ten-year veteran of real estate sales in North Alabama, Cindy Davis has great affection for her community and career as a licensed Realtor.
"I am here to help," said Cindy. "I am high energy, outgoing and ready to serve clients as a new associate with Crye-Leike, REALTORS."
Cindy joins the company in the Bob Wallace Avenue branch office in Huntsville. She was previously affiliated with Rocket Realty, which merged with Crye-Leike in November 2009.
"It's a true blessing to be a part of helping a buyer fulfill their dream of home ownership," said Cindy. "It is a joy and a pleasure to walk first-time homebuyers through the process from financing to closing."
More About Realtor Cindy Davis
Crye-Leike Realtor Cindy Davis is a licensed Realtor in Alabama, assisting buyers and sellers in and around the greater Huntsvi...
13
Hixson Realtors To Host Free Homebuyer Tax Credit Seminar
CHATTANOOGA, TN., - 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 Hixson Managing Broker Kathy Tucker. "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 in Hixson, Tennessee are hosti...
12
Crye-Leike Cofounders Rally Middle Tennessee, Kentucky and North Alabama Sales Associates With Hopes For Improving Home Sales 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."
Cofounder & CEO Harold Crye, joined by his Cofounder and company president Dick Leike, addressed more than 400 agents in a packed Nashville hotel conference center ballroom. As much as the meeting was about alerting agents to the realities of the current h...
7
'House Warming' - The Memphis Flyer
January 07, 2010 News ? The Fly-By
by Erica Walters
Agent Melissa Hayes says she can thank Uncle Sam for helping her sell 25 houses to first-time homebuyers last year.
"Even in this economy, business has been steady," the Crye-Leike agent said.
To help prop up the beleaguered housing market, the federal Recovery and Reinvestment Act of 2009 initiated a tax credit for first-time homebuyers of up to $8,000 or 10 percent of the purchase price of the home. Condos, townhouses, mobile homes, and houseboats up to $800,000 all qualified as long as they were used as a primary residence.
To qualify for the credit, first-time homebuyers had to earn less than $75,000 annually if single and less than $150,000 if married and could not have owned a home in the past three years.
"The majority of the people I worked with have been...
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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