Posts from April 13th, 2010
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13
Owners hope open house will lead to sale - The Commercial Appeal Newspaper in Memphis
By Michael Lollar
Posted April 12, 2010 at midnight
For these home sellers, their hopes and dreams rise and fall with each uptick or downturn in the economy. They keep their azaleas neatly clipped, their yards mowed and edged.
And across Greater Memphis, they were eager for the Realtors' "Nationwide Open House," a weekend of home shopping that brought out potential buyers, people who were "just looking" and others who wanted a peek at their neighbors' things.
Some of those looking on Saturday and Sunday are trying to find a house before tax credits up to $8,000 expire April 30.
Mortgage interest rates had been in the 5 percent range before starting up again last week. Buyers hope to get in before rates go higher. Owners don't say much about it, but they are hostage to an economy that seems to sputter even as it slowly gets back into gear.
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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