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Last weeks most interesting real estate stories from a variety of sources:
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Last weeks most interesting real estate stories from a variety of sources:
Digest powered by RSS Digest
Sometimes you just don't have time to go looking for the latest post from your favorite blogs. Â If you are using an RSS reader, and you are like me, you probably have hundreds of posts to wade through to get to what you really want to read right then. Â I haven't been a big advocate of blog mail subscriptions in the past, but one of the features of Wordpress' Jetpack Plugin lets readers easily subscribe via email.
[caption id="attachment_20178" align="aligncenter" width="490" caption="Sign up to the right to have new posts emailed to you"]
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So, "big deal," you might say, "I have always been able to subscribe to blogs by email.  Yes but major handlers of  post subscriptions  like Feedburner usually only email post once a day, so by the time you get them they are old news - already made the rounds on Twitter, Facebook and the RSS readers.  A Wordpress subscription (see illustration above and widget in the far right column of this page) emails you instantaneously every  time the blog posts.
So if you enjoy the The Memphis Real Estate Buzz Blog posts, subscribe by email in the right column.
Sometimes you just don't have time to go looking for the latest post from your favorite blogs. Â If you are using an RSS reader, and you are like me, you probably have hundreds of posts to wade through to get to what you really want to read right then. Â I haven't been a big advocate of blog mail subscriptions in the past, but one of the features of Wordpress' Jetpack Plugin lets readers easily subscribe via email.
[caption id="attachment_20178" align="aligncenter" width="490" caption="Sign up to the right to have new posts emailed to you"][/caption]
So, "big deal," you might say, "I have always been able to subscribe to blogs by email.  Yes but major handlers of  post subscriptions  like Feedburner usually only email post once a day, so by the time you get them they are old news - already made the rounds on Twitter, Facebook and the RSS readers.  A Wordpress subscription (see illustration above and widget in the far right column of this page) emails you instantaneously every  time the blog posts.
So if you enjoy the The Memphis Real Estate Buzz Blog posts, subscribe by email in the right column.
Memphis real estate is on an upward trend, right?  Well, if you use number of units sold as  your as a measure, things are looking pretty rosy, with  a 15.3% increase in sales  4/12 over 4/11 and a 19.7% increase Year-to-date.
The good sign here, at least for the month of April, is that median prices showed a 13.7% increase, and average prices increased 11.6% over 2011. In my opinion, median prices are all tied in with inventory - if there are more inexpensive houses on the market being sold, it will skew the prices downward; less cheap houses - median prices rise. Â Remember that about a third of the residences sold in this area are sold for below $50,000.
This bar graph below shows monthly sales over the past 3 years (2009-red, 2010-green, 2012-blue). Â Let's face it, 2011 was a dismal year. And we are straggling behind 2009 in unit sales.
However, a couple more positive months, and this stalwart bear will be morphing into a guardedly cautious bull. Â We all want to know that values are trending up, and we all want to know what these types of stats have to do with us, and our particular situations. Â I can't end this post without saying that All Real Estate Is Micro-Local. Â Consult an agent that specializes in your neighborhood and knows what's happening right there.
Mortgage rates are still great if you are considering a purchase or re-finance. Â I would like to write about some of the re-fi programs for underwater owners, but I will leave that to the experts. Â There are programs available. Â Contact me, and I can get you in touch with the experts.
The stats in this post are provided by the Memphis Area Association of Realtors.  Click here to download  the full report.
Web 2.0 Real Estate Broker
Consultant
Social Media Junkie
_______________________
Web 2.0 Real Estate Broker
Consultant
Social Media Junkie
_______________________
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