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Editorial Results (free)

1. Aren Buys SE Memphis Warehouse For $1.3M -

Trane U.S. Inc. has sold its parts distribution center in Southeast Memphis for $1.3 million.

Aren Investments LLC of Memphis acquired the 99,375-square-foot distribution warehouse at 4250 Concord Road. The company, which used a 1450 Massey Road address on the Shelby County Register of Deeds, financed the purchase with an $800,000 loan through BancorpSouth Bank. Igal Elfezouaty signed the trust deed as managing member of Aren.

2. Local QR Real Estate Usage Grows Slowly -

First seen in Japan in the mid-1990s, quick response codes could add momentous efficiency in the residential real estate world, allowing virtual tours of houses to take place on mobile devices.

But only 14 million American mobile device users have interacted with a QR code, according to recent study by digital business analytics firm comScore Inc. That means less than 5 percent of the American public has scanned a QR code.

3. ‘Contrarian’ Collins Finds Success in Tough Market -

Doug Collins has always believed that the greatest opportunities are found in troubled times.

The president of Prudential Collins-Maury Inc. Realtors even classifies himself as “somewhat of a contrarian.”

4. Prudential Collins-Maury Promotes Hubbard to VP -

Neil Hubbard has been promoted to vice president of Prudential Collins-Maury Inc. Realtors.

5. MAAR Presents 2010 Realtor Awards -

The Memphis Area Association of Realtors has named Mary Sharp of Crye-Leike Inc. Realtors as its Realtor of the Year.

6. November Home Sales Slide 24 Percent -

The Shelby County housing market continued to tumble last month, with November home sales falling 24 percent compared with the same month a year ago.

On a brighter note, the monthly average home sales price improved a bit, both from November 2009 and from October.

7. Survival Skills -

Despite July 2010’s rank as the lowest home sales month since February – and despite recent news that existing home sales plummeted to a 15-year low nationally – Shelby County real estate professionals continue to emphasize the local market.

8. Open House Push To Close Out Tax Credit -

The countdown is on for the homebuyers tax credit.

With the April 30 deadline in exactly five weeks – or 25 business days – the real estate industry is kicking into high gear in hopes of drumming up sales.

9. Home Sales Freefall Continues in Q1 -

Shelby County home sales continued their downward spiral during the first quarter of 2009, proof that consumer confidence has yet to be restored and that credit issues have yet to be resolved.

Just 3,078 homes were sold in the first three months of 2009, down 25 percent from 4,101 in Q1 2008, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com. The period’s total marked the lowest first quarter since Q1 2001, which saw 3,107 home sales.

10. Duncan Named Senior VP For Homewood Suites by Hilton -

Bill Duncan has been appointed senior vice president of brand management for Homewood Suites by Hilton and the newly launched Home2 Suites by Hilton.

11. Q3 Home Sales Drop 22 Percent -

The real estate market hasn’t plunged as dramatically as the stock market has, but much like the Dow Jones industrial average, housing has seen better days.

The downward spiral continued in the third quarter of 2008 as residential sales declined 22.3 percent in Shelby County compared to the same quarter a year ago, according to the latest numbers from real estate information company Chandler Reports, www.chandlerreports.com.

12. Home Sales Slip in Southern Cities in July -

Sales of existing homes in the South tumbled 18 percent in July from a year ago, while the median price fell 3.5 percent to $179,300, the National Association of Realtors said Monday.

Compared to the rest of the country, sales in the South were weaker, although prices held up better. Nationwide, July sales fell 13 percent from a year ago, while the median price slid 7.1 percent to $212,000.

13. 2007's Top RealtorsHonored by MAAR -      The Memphis Area Association of Realtors recently handed out awards at its annual gala, including one to John Linthicum of Crye-Leike Inc., who was named 2007 Realtor of the Year. Randy Jefferson of The Hobson Co. Realto

14. Residential Sales Drop In '07 -

A new year gives everyone the chance to forget past failures and begin anew. When Jan. 1 rolls around, people vow to lose weight or stop smoking, change their jobs or change their lives.

In that same vein, the housing industry has resolved to put 2007 in the rearview mirror. Unfortunately - as with many New Year's resolutions - it won't be easy.

15. Balancing The Scales -

For just the fourth time in almost four years, Shelby County home sales exceeded building permits in a single quarter, chipping away at inventory and giving the local real estate profession some much-needed good news during the holiday season.

16. Home Sales Drop10 Percent in October -      The Memphis Area Association of Realtors this week reported that total homes sales for October, as recorded by Memphis-area Realtors in the Multiple Listing Service, totaled 1,255, down 10.4 percent from the 1,400 sales

17. On the Cheap -

Memphis has climbed to the top of another national list, but this one has nothing to do with crime or bankruptcy.

CNNMoney.com ranked the city No. 1 among the nation's most affordable housing markets as part of the Web site's Best Places to Retire survey released earlier this week. New York-based OnBoard LLC provided the data for the study.

18. People Still Choose Real Estate Careers During Housing Crunch -

Amid the turbulence of the housing market, Debby Harris of Collierville decided to take the plunge and become a real estate professional.

Harris, who had spent 20 years in the airline industry and six years in public relations, figured it was time for a job change when she and her husband moved here from Florida in 2006.

19. MAAR Reports 13 PercentHome Sales Drop in July -      Memphis-area home sales declined more than 13 percent for July, according to the Memphis Area Association of Realtors (MAAR) Multiple Listing Service.
     Home sales in July totaled 1,495, d

20. Fencing Match -

In what has become a continuing uphill battle against national headlines routinely depicting doom and gloom in the housing market, Memphis real estate professionals have launched a counterattack.

"Hop Off the Fence" is a calculated campaign of the Memphis Area Association of Realtors (MAAR) that began Monday and will run through October.

21. Homeowners Pull out All the Stops to Sell These Days -

Editor's Note: This is the third in The Daily News' three-part series "Housing Hurdles," an examination of the slumping real estate market and what it means for Realtors, builders and homeowners.

On the popular Home & Garden Television (HGTV) show "Designed to Sell," a team of experts is brought in to help homeowners spruce up their abodes with hopes of getting more offers - and more money - for their homes.

22. Slots Aren't Paying -

Editor's Note: This is the first in The Daily News' three-part series "Housing Hurdles," an examination of the slumping real estate market and what it means for Realtors, builders and homeowners.

Like many Realtors, Jay Fletcher experiences highs and lows of the real estate business through his wireless handheld device - that ubiquitous tool of the new millennium.

23. MAAR Reports 21.3% DipIn Residential Home Sales -      Homes sales for June, as recorded by Memphis-area Realtors in the Multiple Listing Service (MLS), totaled 1,516, down 21.3 percent from the record sales level of 1,929 homes sold in June 2006, according to the Memphis Ar

24. Home Sales Down 15%From May 2006 -      The Memphis Area Association of Realtors (MAAR) has reported that total homes sales for May, as recorded by Memphis-area Realtors in the Multiple Listing Service (MLS), totaled 1,605, down 15 percent from the record sale

25. Home Sales Down,Prices Up for April -      The Memphis Area Association of Realtors (MAAR) has reported 1,344 home sales in April, as recorded by Memphis-area Realtors in the Multiple Listing Service.
     The total represents a 10.2

26. Real Estate Industry Adjusts to Changing Subprime Lending -

With foreclosures skyrocketing and mortgage lenders falling by the wayside, the current subprime lending fiasco is making headlines daily.

But no matter how bad it gets, Fran Warner said she believes the market will weather the storm, just as it has before.

27. Despite Q1 Sales Decline, Realtors Optimistic About Rest of '07 -

Home sales are down in Shelby County, but most area real estate practitioners aren't concerned. They remain bullish on the Memphis housing market, which is coming off an all-time sales record set in 2006.

28. Home Sales LevelDown for February -      Home sales for February 2007 were down 10 percent from the same month in 2006, falling from 1,336 to 1,202, according to the Multiple Listing Service (MLS) of the Memphis Area Association of Realtors (MAAR).
 &

29. Paradise Out East -

Lifelong Arlington resident Russell Wiseman is not surprised by the growth his eastern Shelby County community has been experiencing.

Wiseman, vice president and commercial lender at First Capital Bank in Germantown, also happens to be mayor of Arlington.

30. Collierville's Yo-Yo Effect -

Numbers say the real estate market in Collierville has been up and down for the past five years.

But while the town's home sales have indeed experienced a roller coaster ride, it's more akin to a children's version of the amusement park favorite with modest peaks and valleys rather than dramatic ones.

31. January Home Sales Fall Slightly From 2006 -      Home sales for January 2007 nearly kept pace with the same month in 2006, falling 2.7 percent from 1,153 to 1,122, according to the Multiple Listing Service (MLS) of the Memphis Area Association of Realtors (MAAR).
&

32. Phillips to Become President of Optometry School -

Dr. Richard W. Phillips has been named president-elect of Southern College of Optometry in Memphis. Phillips is a 1978 graduate of the college and the former regional executive director for Tennessee operations for TLC - Laser Eye Centers. He will be only the sixth person to hold the office in the college's 75-year history. Phillips will assume the presidency May 17. He is replacing William E. Cochran, who is retiring.

33. 2006 Home Sales Break Records,MAAR Data Show -      Annual home sales were up 4.5 percent to 19,738 in 2006 compared to 18,881 in 2005, according to the Multiple Listing Service (MLS) of the Memphis Area Association of Realtors (MAAR). The average sales price for homes so

34. Morman Named Branch Director at MATCU -

Cheryl Morman has been named branch director of Memphis Area Teachers' Credit Union's (MATCU) Central branch. She previously was deposit services manager at Marriott Employees' Federal Credit Union in Bethesda, Md.

35. Blount Rises to Vice President at Wachovia -

Michelle Blount has been named vice president and senior community banker for Wachovia Bank in Memphis. She has 12 years of experience in the financial services industry and most recently served as vice president in commercial banking for First Tennessee Bank.

36. New MAAR Leadership Looks to Build on Strengths -

When William Mitchell takes over as president of the Memphis Area Association of Realtors in January, it's fitting that his term will follow that of current board president Sue Stinson-Turner.

The two have worked off and on for the same real estate firms since beginning their respective careers nearly 30 years ago.

37. Armstrong Allen Names New Litigation Practice Chair -

Armstrong Allen attorney James F. Arthur III was named litigation practice group chairman for the firm. Arthur replaces Lucian Pera, who has served as litigation practice chairman for the past several years.

38. Archived Article: Real - Spring Blooms Mean Hot Real Estate Market

Realtors Gear Up for Another Hot Spring

LANCE ALLAN

The Daily News

Whether 2005 can match or surpass the record year Memphis real estate experienced in 2004 is yet to be seen. But one thing is ce...

39. Archived Article: Real - Realtors Face Challenges in Unincorporated Shelby County

Realtors Face Challenges in Unincorporated Areas

LANCE ALLAN

The Daily News

In recent years, it has grown more difficult to determine the boundary lines of Shelby County.

Follow...

40. Archived Article: Newsmakers - Realtors Association Announces President, Board

MAAR Confirms Officers, Board Members The Memphis Area Association of Realtors confirmed president-elect Bob Turner as 2004 president and elected Sue Stinson-Turner as 2004 president-elect. Neil Hub...

41. Archived Article: Real Review - MAAR hands out

MAAR installs officers,

hands out Realtor awards

At its annual inauguration ceremony Thursday, the Memphis Area Association of Realtors installed its 2003 officers and board of directors.

Officers are Isaac Northern Jr. of...

42. Archived Article: Real Briefs - The Greater Memphis Chapter of the Construction Financial Management Association chapter meeting is 11:30 a

The Greater Memphis Chapter of the Construction Financial Management Association chapter meeting is 11:30 a.m. Wednesday at the Holiday In...

43. Archived Article: Memos - American Freightways Inc Jonathan Steen and Steve Regenwether were made Armstrong Allen partners after having both served two years as firm associates. Steen was an associate with Armstrong Allen since 1999 in the Jackson, Tenn., office. His practic...

44. Archived Article: Real Briefs - The Realtors Land Institute site selection seminar is 8 a The Tennessee Real Estate Commission seminars scheduled Wednesday and Thursday have been canceled. Due to the recent budget constraints, the state has canceled all travel by TREC. Benny Lende...

45. Archived Article: Real Briefs - The Realtors Land Institute site selection seminar is 8 a The Realtors Land Institute site selection seminar is 8 a.m. to 5:30 p.m. Wednesday through Friday at the Memphis Area Association of Realtors education center, 6393 Poplar Ave. Participants ...

46. Archived Article: Real Briefs - New officers of the Memphis Area Association of Realtors Multi-Million Dollar Club are Patty Rainey, president; Nancy Robinson New officers of the Memphis Area Association of Realtors Multi-Million Dollar Club are Patty Rainey, president; Nancy Robi...

47. Archived Article: Memos - Jeff Kelly has been appointed president of Fogelman Properties Inc Jeff Kelly has been appointed president of Fogelman Properties Inc.s property management subsidiaries, Fogelman Management Co. and Fogelman Management Services LLC. Kelly most recent...