Posts from September 10th, 2002

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Crye-Leike's Southeast, West Tenn. & Ark. Regions Report Active Second Quarter Sales

September 10th, 2002 by Anonymous

Memphis, Tenn. - An economic recession during second quarter apparently wasn't stopping house hunters from becoming buyers of residential or commercial real estate, reports the nation's 13th largest real estate firm.

Memphis-based Crye-Leike, Realtors, whose celebrating its 25th anniversary in business, says its number of units sold in the second quarter of 2002 were up 2.25 percent over the number of units sold in the same quarter a year prior. Units sold totaled 6,095 compared to 5,961 a year prior. Sales for the second quarter totaled $861.84 million, down slightly from $865.36 in the same quarter last year.

The company's year-to-date units sold also continued to show steady growth, up 4.1 percent to 10,633 from 10,214. These figures represent $1.49 billion in sales year-to-date, a 2.1 percent increase from $1.46 billion reported for the same period last year.

For the month of June, Crye-Leike reports $319.6 million in sales, down marginally at...

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Categories: Sales & Ranking