[CITY] Real Estate News

August 11th, 2013 1:08 PM
A great story in the Commercial Appeal:

http://www.commercialappeal.com/news/2013/aug/08/july-house-sales-rise-225-percent-in-memphis/


While things aren't quite this exciting in Gibson County sales have increased.

Call us today if you're interested in buying or selling.

731-855-3999

Posted in:General
Posted by Gary Paschall on August 11th, 2013 1:08 PMLeave a Comment

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January 26th, 2013 1:28 PM

Home sales continued to increase during 2012.  Nationwide sales were up 9.2% according to the National Association of Realtors (NAR).

The median price for December of 2012 was up 11.5% from December of 2011.  For the year the median price was up 6.3%.

Realty Trac reported that foreclosures were up in half of the states in 2012 but mostly due to the backlog of foreclosures in the "robo-signing" investigation.

Bankrate.com reported that nationwide the average 30 year fixed rate was 3.6% and a 15 year fixed rate was 2.89%.  Those rates vary from area to area and can vary in individual situations.  Check with a local mortgage broker to see what rate that your situation warrants.

 


Posted in:General
Posted by Gary Paschall on January 26th, 2013 1:28 PMLeave a Comment

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