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NASHVILLE, Tenn. - The latest report by RealtyTrac found that foreclosures made up one in three home sales in the second quarter of 2011, which is up 24% from last year.
Becky Meagher has worked in the real estate business for 20 years. She told Nashville's News 2 she has been through the ups and downs in the economy and recently she has seen a broad spectrum of foreclosed home on the market.
"There are a lot of foreclosures. The economy is really hurting people," says Meagher.
Many homeowners are dealing with the burden of owning a property that is underwater.
Often times, they are forced to turn to short sales to avoid the financial fallout of a foreclosure.
Meagher said the cost of a foreclosed home can save a home buyer thousands of dollars.
For example, a custom six-year-old house was purchased for $185,000....
Bryant, Arkansas., - After six years spent working with and helping hundreds of buyers and sellers achieve all of their real estate goals, Realtor Jeremiah Oltmans has been named as the new Managing Broker of Crye-Leike's Bryant branch office.
"I've been an agent at Crye-Leike's Bryant office for over five years now and I take great pride in my new position as the Principal Broker," said Jeremiah. "I am honored to be selected to manage the branch for one of the biggest Real Estate firms in the country. I view this as a great opportunity for myself to grow as a person and a leader and I look forward to helping this already great office grow in agents and sales."
Jeremiah's promotion is another great accomplishment he adds to his successful career as a licensed Realtor since 2006. Besides being a Multi-Million Dollar producer and a continuous top producer for Crye-Leike, Jeremiah serves on the Board of the Bryant Chamber of Commer...
Little Rock, Arkansas., - After twelve years spent working with and helping hundreds of buyers and sellers achieve all of their real estate goals, Crye-Leike Executive Broker Maurice Taylor has another great accomplishment to add to his career.
Maurice was recently named "Realtor of the Year" in 2011 by the Little Rock Board of Realtors. Nomination forms were sent out to the general membership and Maurice was selected based on criteria including business accomplishments, civic activities, local, state and national realtor association board activity and Realtor Spirit.
"It was a great honor just to be nominated for this award but to be selected as ?Realtor of the Year' by the Little Rock Realtors Association is really an honor," said Maurice Taylor. "It's a wonderful feeling to be recognized by your peers."
Maurice is no stranger to success. He was also named ?Realtor of the Year' by the North Pulaski...

Arkansas Realtor? and ARA Past President Karen Crowson has been named President-Elect of the Association of Real Estate License Law Officials (ARELLO).
Founded in 1930, ARELLO is an international association of real estate regulatory agencies around the world that promotes excellence in global real estate regulation.
Crowson is managing broker for Crye-Leike REALTORS?-Benton Branch. She has been a broker since 1995 but licensed in 1987. She holds the ABR, CRS and GRI designations. She was selected as the Benton-Bryant REALTORS? Association REALTOR? of the Year in 1996, 2001 and 2007 and served as its President in 1996.
She is very active at the Arkansas Realtors? Association, serving on the Professional Standards committee for ten years and as chairperson in 2003. This year, Karen is serving as Chairman of ARPAC and ARA Risk Reduction committee. Karen served as a Director for 3 years and on the Execu...
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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