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Posts from July 21st, 2005

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July
21

Chattanooga, Tenn. - Memphis-based Crye-Leike, Realtors, the nation's 10th largest real estate company, reports another record setting quarter, disclosing brisk across-the-board sales activity due to continued low mortgage interest rates.

Crye-Leike reports $1.55 billion in sales volume during the second quarter of 2005, an increase of 23.2 percent over $ 1.26 billion this same period last year, announces company officials.

Crye-Leike's quarterly figures first hit the $1 billion mark in the third quarter of 2003. Since then, Crye-Leike's sales grew to over $1 billion in the second quarter of 2004 and broke the $1 billion mark as early as the first quarter in 2005.

Chief Executive Officer Harold E. Crye credits these surging quarterly sales records to the company's 2,900+ motivated sales force as well as to the maturing of its fourth regional market in Little Rock, Arkansas that was established in May 2002.

Crye-Leike's $1.55 billion i...

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