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Reported by - The Tennessean
www.tennessean.com
BRENTWOOD ? Crye-Leike, Realtors is predicting that the economic slowdown could affect other companies and individual Realtors, and has named a new vice president to handle resulting mergers and acquisitions.
"In the current economic climate, it's clear a growing number of real estate companies and individual Realtors are having a difficult time sustaining a level of transaction to remain in business," said Brandon Patrick, the company's new vice president and director of mergers & acquisitions in the state of Tennessee.
"It's our hope, based on Crye-Leike's strong position throughout Tennessee, we can engage with other companies and individuals that may desire the stability and support that our company can offer them at this time."
Patrick, a Franklin resident, will be based out of Crye-Leike's...

By Cassandra Kimberly 529-2786
Memphis Commercial Appeal
Tuesday, December 30, 2008
As 2008 winds to a close, some real estate professionals are looking ahead in hopes of a different turn of events in 2009.
"We're preferring to look forward and not backward because 2008 has been the most challenging year since we've been in business," said Harold Crye, co-founder of Crye-Leike Realtors Inc.
Marked by the consequences of predatory lending practices, job loss, and the declaration of an official recession, the housing market nationally has dipped far below the normal "valleys" and hard times.
"Maybe it's just optimism, but most Realtors feel like we can't go down any further," Crye said. "Most of us feel like we've bottomed out, and we're running along the bottom of the trough right now."
View The Story @ www.myeyewitnessnews.com
Reported by: Lacey Crisp
Email:LCrisp@MyEyewitnessNews.com
Last Update: 9:43 am
RALEIGH, TN - There were more than 1,200 home foreclosures in Shelby County in the month of November. One realty company is trying to help people out of that situation.
"I like this neighborhood, the quietness, and peaceful. That's what I really like about the area," said Dorothy Rayford.
Rayford bought her Raleigh home 6 years ago. Back then her interest rate was 10 percent and she was working full-time. Now she's retired, and her interest rate has jumped to 12 percent. She says she's struggling to make her mortgage payments. A program called, "Save the Dream." may save her from foreclosure.
But Rayford might not be able to stay here. She has been late on mortgage p...

Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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