Memphis Real Estate News!

I get a little behind with my reading at times, but I found a lawsuit in Iowa that went through the Court of Appeals there.  It is something that we deal with from time-to-time.  An agent found a purchaser for a warehouse that was a short sale.  The bank and the owner both agreed to the terms tha...

I certainly hope that the city officials seemingly have a better case in Memphis suing Wells Fargo than the one they did in Baltimore.  While the Baltimore suit isn't dead yet ... it may well be so soon ... I think the cases are difficult to prove and is just a case of politicians pontificating o...

As you may be aware, yesterday I read a report and reported on it for the Memphis Market and showed that the market  is severely undervalued.  Right now we are at 242 for markets in the "overvaluation reporter" and the market is 21.7% under value. So last night I was pondering what all of this me...

To all my friends on ActiveRain and colleagues, may 2010 be our rebound year and the beginning of wonderful years in the future for us!  Happy 2010 and I look forward to all the blogs in the coming year and all that I can learn from them.  We need to focus on what we need to do get our business g...

Interesting report prepared by IHS Global Insight and PNC Financial Services Group was released recently regarding house prices in America.  This is the 3rd Quarter 2009 Update of the report. I ask that you read all parts of this blog.  There is some good news that I have to report which are tren...

Interesting article that I just read.  Case-Shiller data is showing that the market has dropped 30% since the peak of the 2005 market.  I would agree. While their data isn't perfect and it is reportedly skewed towards the larger cities like Miami, New York, and LA, I do believe that what they are...

I stumbled on something today that is out of this world!  It is called Delicious.com.  It is a social media site that allows you to bookmark website that you find and categorize them so that you can find them easily.  It also allows you in the future to share your websites with people you choose....

You never know what will come up on a weekend! A couple of weeks ago I wrote a contract ... intra-company at that .... on a listing.  It was a nice condo, good price, and it needed some work but it wasn't going to be that hard of a job to get it into good shape.  My client had the best intention ...

One of my mentors in this business is a guy in Texas named Pat Zaby.  I've been a huge fan of Pat's since that first class I attended in Ocean City, MD where he taught me how to use Microsoft Office to my advantage. I have a business coach and he's a great guy as well.  But I listen to a great de...

Lately I've been reading about a new type of Green Home in the offing.  There have already been some built, They are called Net Zero homes or near Net Zero Homes. The premise surrounding these homes is that the home uses no more energy than it produces.  These homes reuse rainwater and will make ...