Posts from April 21st, 2000

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First Quarter Sales: A Barometer of Tennessee's Real Estate Market

April 21st, 2000 by Anonymous

Crye-Leike, the largest real estate firm in Tennessee, reported its highest first quarter sales in the company's 23-year history. The company's January through March sales of new and existing family homes, condos and duplexes as well as commercial properties were $634.34 million on 4,618 properties sold within its seven regional areas. These figures represent an increase of 15.70 percent over the first quarter of 1999.

Crye-Leike has over 2,200 sales associates who operate in 46 branch offices, located in 16 counties, primarily in Tennessee, along with select Crye-Leike offices in Mississippi and Arkansas. As a privately held company, it attained record sales of $3 billion corporatewide in 1999, the best year reported in company history. Nationally, Crye-Leike is ranked No. 13 among the top real estate brokers in the United States as reported in 1999 by Real Trends Magazine.

"Even though interest rates have increased slightly," said Harold Crye, CEO of Crye-...

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Categories: Sales & Ranking