Posts from August 31st, 2011

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Crye-Leike Green Hills Agent Becky Meagher Comments On The Local Market - WKRN News 2

August 31st, 2011 by Anonymous

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....

Click Here to Read More...

Categories: Crye-Leike in the News