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Editorial Results (free)

1. Revid Partners With Mid-South Food Bank -

Revid Realty is offering to match food donations to help feed the hungry this Thanksgiving season.

Revid is asking people to donate canned food items this November, and the Revid team will match those donations can-for-can. The campaign is part of the Mid-South Food Bank’s largest food drive of the year, Operation Feed.

2. Cherokee Arms Undergoes Rehab -

It wasn’t long ago that the Cherokee Arms Apartments complex in Midtown was on the market with a note of “in need of repair.”

But thanks to Memphis native and current Los Angeles resident Dana Gabrion, the three-story complex will soon breathe new life to 1508 Madison Ave. Under the entity Gabrion Properties LLC, she acquired the 30-unit, Class C investment-grade multifamily building for $455,000 in fall 2010 and hopes to have it ready for occupancy come June.

3. Revid Rebrands Sales Division as incity Realty -

Revid Realty LLC has changed the name of its real estate sales division to incity Realty. Memphis-based Revid, which has a substantial presence in property management, wanted to differentiate its homes sales efforts with a new brand, said Revid principal broker Debbie Sowell.

4. Revid Rebrands Sales Division as incity Realty -

Revid Realty LLC has changed the name of its real estate sales division to incity Realty.

Memphis-based Revid, which has a substantial presence in property management, wanted to differentiate its homes sales efforts with a new brand, said Revid principal broker Debbie Sowell.

5. Housing Gap -

The push for home ownership has been a fundamental element of the American Dream since the 1960s.

And because a home is typically a person’s most valuable asset, research indicates home ownership stabilizes neighborhoods while also contributing positively to the overall economy. Leading this promotional effort is the National Association of Realtors, which regularly links a healthy housing market to job creation.

6. Market Factors Give Caution to Younger Homebuyers -

When Jonathan Lyons, 25, went looking to buy a home, he planned each step carefully – he found a good job, enlisted the help of a Realtor, educated himself on the various costs, and got pre-approval from a bank.

7. On the Go -

From seasoned veterans to young agents, smart phone technology enables real estate professionals to work from virtually anywhere.

But with new applications incessantly hitting the market, it can be a challenge to keep up with the latest trends.

8. Pinnacle Move Could Spark Downtown Housing Market -

The recent buzz from Pinnacle Airlines Corp.’s decision to move its airport-area headquarters to One Commerce Square is generating mostly positive feedback, but real estate agents say its too early to tell how the shift of 600-plus new employees to the area will affect the Downtown housing market.

9. Bank Sales Slip As Housing Market Rebounds -

People who sold their houses benefited more than banks from the final months of the homebuyers’ tax credit in Memphis, where overall sales during the second quarter of 2010 rose 7 percent from a year ago.

10. Home Sales Rebound Despite Weather Obstacles -

February, the shortest month of the year with only 28 calendar days, is at a natural disadvantage when it comes to home sales.

Toss in this past February’s record cold temperatures coupled with winter storms wreaking havoc on the area, and it probably wouldn’t surprise anyone to see the housing market suffer yet another slow period.

11. Open House Events Still Mainstay in Real Estate Biz -

In this age of the Internet, when home shoppers can learn pretty much everything about a property at the click of a button, the concept of an open house might seem passé.

But while some Realtors have significantly reduced the number of open houses they hold each Sunday afternoon, opting instead to post virtual tours online, Elisa Luckey of the Ken Garland Co. finds them extremely beneficial for her practice.

12. 2008: Year to Forget in Real Estate -

Of all the real estate storylines from 2008, perhaps the most revealing was that bank sales – i.e., foreclosures – accounted for 37.3 percent of the residential market share in 2008, up from 24.7 percent in 2007.

13. Calipari Tapped to Rally Real Estate Community -

For many local sports fans, the lasting image of 2008 was the University of Memphis men’s basketball team suffering a heartbreaking loss to Kansas in the national championship game.

For many local Realtors, the lasting image of 2008 was the housing market suffering a continued slump.

14. Revid Property Management Has Growth on Mind During Tough Times -

Revid Property Management LLC acquired Midtown Property Management and Realty LLC in August, gaining about 400 new rental units and placing the company and its sister entities, Revid Realty LLC and Revid Design LLC, as one of the largest property management companies in Memphis.

15. MAAR Elects Board of Directors -

The Memphis Area Association of Realtors elected six real estate professionals to its 2009-2010 board of directors at last week’s annual meeting.

The new directors are Landis Foy of Crye-Leike Inc.; Steve Guinn of Highwoods Properties; R. Darnell Tate of ERA Legacy Realty; Michael Green of John Green & Co. Realtors; Betsy Kelly of Hobson Co. Realtors; and Randy Jefferson of Hobson Co. Realtors.