Posts from January 2013
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16
Crye-Leike CEO Harold Crye comments on 2012 real estate market in this story published by TheCityWire in NorthWest Arkansas
The local housing market has dominated headlines for the past decade and the news has been mixed. There were unbelievable highs through 2006 to the doldrums of 2009 and then the foreclosure havoc through 2011. But experts agree 2012 was the best on record since prior to the great recession.
George Faucette, CEO of the local Coldwell Banker franchise, said it was his firm's "best showing in a long time."
Linda Marquess, agent with Crye-Leike Real Estate, did better than that, saying 2012 was the most successful year she has had in a 41-year career.
Marquess closed 119 sales in 2012, 96 were new home constructions built by industry veteran Mark Marquess who is working in three subdivisions located in Fayetteville, Rogers and Bentonville.
"It's been an incredible year and we expect a repeat performance in 2013, based on the feedback and preorders we are getting for new homes...
16
Memphis-based Crye-Leike sales up $700 million over 2011 - Reporter by: the Commercial Appeal
Hundreds of agents with Memphis and Tennessee's largest real estate firm are to gather Tuesday to celebrate Crye-Leike's best year for sales in five years.
The company finished 2012 nearly $700 million in sales ahead of 2011, according to a Crye-Leike spokesman.
Leading the agency's annual kickoff at the Holiday Inn-University of Memphis ballroom will be co-founders Harold Crye and Dick Leike. They will update agents on market conditions, discuss market predictions and company goals for 2013, and hand out sales awards.
Crye-Leike recorded about $4.5 billion in sales in 2012 across its region that encompasses multiple states. Its agents sold a total of 28,065 units last year.
Crye-Leike's sales, both dollar amount and number of units sold, for recent years are: 2011, $3.8 billion and 24,470 units; 2010, $3.85 billion and 24,260 units; 2009, $3.9 billion and 24,983 units; 2...
16
Crye-Leike celebrating best year since 2007 - Reported By: the Memphis Business Journal
Crye-Leike Inc. is celebrating its best sales year in five years, after closing $4.5 billion in transactions in 2012, The Commercial Appeal reports. The volume is a far cry from the $5.7 billion Crye-Leike agents closed in 2007 but represents a $700 million improvement over the $3.8 billion total in 2011.
Last week, the Memphis Area Association of Realtors reported that local brokers sold 17.2 percent more homes in 2012 than in 2011 and increased overall sales by 20 percent over the same period, finishing the year at $1.94 billion in total sales volume.
16
Leike says residential markets are ?out of the pits? - Reported by: the Memphis Business Journal
Memphis-based Crye-Leike Inc. saw a 13 percent increase in the volume of units sold in Memphis in 2012, company president Dick Leike told a room full of area brokers Tuesday morning at the company's annual kickoff meeting.
Crye-Leike brokers in Memphis sold a total of 7,681 units in 2012, well ahead of the 6,822 units sold in the previous year.
"I believe 2011 was the bottom of the pits," Leike said. "We saw month-over-month sales increases through 2012 ... and there's a lot of enthusiasm and a lot of activity out there."
To illustrate the company's successful 2012, Leike made a few allusions to 2007, a year in which area brokers generated $2 billion through the sale of more than 11,000 units. From that point through 2011, Crye-Leike reported consistent year-over-year declines both in sales and in units sold.
But Leike said the release of pent-up demand and favorable mark...
9
Crye-Leike?s 2012 United Way Campaign Collects $22,300
In each of the nine states the company serves, Crye-Leike's branch offices and Realtors enjoy hosting various creative fundraisers to help the folks in their community who need it most. Whether the offices organize a coat drive for the homeless or a chili cook-off fundraiser, the Realtors enjoy choosing different charities to support in their local community.
In addition to all of the office charity events the company's Realtors host, Crye-Leike holds an annual United Way Campaign to collect money for various charitable organizations supported by United Way.
Crye-Leike Realtors...
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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