A market situated in a hard-hit area of the country, Memphis real estate has taken a slight beating in terms of volume since the beginning of the U.S. subprime mortgage crisis and subsequent financial crisis and recession. Monthly sales volume in Memphis is down 19.4%, more than the U.S. and Tennessee averages of 14.8 and [...]
Entries Tagged as 'Memphis'
Memphis real estate news
October 27th, 2009 · No Comments · In The News, Real Estate, Real Estate Markets
Memphis real estate market update
August 2nd, 2009 · No Comments · Real Estate Markets
The Memphis real estate market is recovering much more strongly than the rest of the state of Tennessee. Initially, Tennessee was not hit hard at all by the sub prime mortgage crisis in particular or the economic recession in general. The exact reason for this is not known, but the phenomenon did not last much [...]
Tags: home prices·markets·Memphis·Real Estate