Posts from January 2012
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25
Chattanooga Realtors place hopes in 2012 rebound - Reported by the Chattanooga Times Free Press
In spite of the cheery music, the Crye-Leike agents are subdued inside the Chattanooga Golf and Country Club. There are more empty seats than last year.
They've waited since 2007 for the market to hit bottom, endured promises from politicians that their problems were over, but new data shows that 2011 home sales dipped to levels not seen since 2002, according to the Greater Chattanooga Association of Realtors.
"It's been a tough year for a lot of folks," said Dan Griess, Chattanooga general manager for Crye-Leike. "We've been in one of the most challenging markets we've had in a long time."
17
Crye-Leike, REALTORS Co-founder & CEO Harold Crye Is Named As 1 of the 100 Most Influential Real Estate Leaders Of 2011 By Inman News
Nashville, Tennessee - For the second year in a row, Crye-Leike, REALTORS Co-founder and CEO Harold Crye has been named as on of the most influential real estate leaders by Inman News.
The Inman 100, an annual list of the 100 Most Influential People in Real Estate, recognizes those power brokers, thought leaders, experts and visionaries who influence the real estate industry with their words, actions, insights and innovations. The annual list of top real estate influencers showcases those individuals whose actions have helped change the real estate industry in the last year through their leadership, innovation, ingenuity, power and persistence.
"It is an honor to be recognized by your peers for your work in the industry," said Harold Crye. "This recognition really should go to the approximate 3,000 sales associates and our employees that work at Crye-Leike and make a difference with great customer service every day."
17
Crye-Leike Congratulates Irena Coffman On Earning Her Professional Real Estate Designation As An Accredited Buyer Representative
Ooltewah, Tennessee - After working with real estate buyers and sellers for the last eight years, Ooltewah Realtor Irena Coffman knows the importance of keeping her real estate education and knowledge of the market up-to-date.
Irena recently earned her professional real estate designation as an Accredited Buyer Representative (ABR). In order to better assist her clients, Irena completed training to earn the designation by successfully completing a comprehensive course in buyer representation and an elective course focusing on a buyer representation specialty. The ABR designation is awarded to real estate agents who meet specified educational and practical experience criteria. Irena joins more than 32-thousand Realtors in North America who have earned this designation.
"It's important in today's market that we as agents continue our education and earn designations in order to help our clients navigate through this challenging hou...
17
With inventory shrinking, home prices could climb in 2012 - Reported by the Nashville Business Journal
Housing prices should rise in 2012 for more expensive homes, Dick Leike, co-founder of Crye-Leike , Middle Tennessee's largest residential real estate firm, said today in the company's annual Nashville meeting.
That's due to dwindling inventory, which will put pressure on prices to increase.
"If you look at Nashville and Memphis, there is not much new homes going up," Leike told a crowd of real estate agents. "The homes that are going up are in the bottom tiers? the under $270,000 range. We are getting skinny in other areas in the upper price ranges, especially in the $400,000 to $750,000 price range."
At the end of 2011, housing inventory in the Nashville area was 17,216, down from 19,411 a year ago, according to the Greater Nashville Association of Realtors . The supply of residential homes is about seven months for single family homes and about eight months for condos.
10
Crye-Leike celebrates selling nearly $1.2B of property in Memphis area in 2011 - Reported by The Commercial Appeal
The city and state's largest real estate agency nearly reached its goal of $1.18 billion, selling 6,822 properties totaling $1.04 billion in the Memphis area for 2011.
The near-miss in such a harsh market hardly dampened the mood for Crye-Leike's 35th annual kickoff event for 2012.
Hundreds of agents practically danced themselves into ballroom at Holiday Inn-University of Memphis to the high-volume, blood-stirring recordings of Glenn Miller's "In the Mood'' and the Black Eyed Peas' "I Gotta a Feeling."
"We've had an economy we've never seen before," co-founder and president Dick Leike told the crowd. "You guys have done a terrific job making lemonade out of lemons."
In its entire seven-state region, Crye-Leike sold 24,470 pieces of property totaling $3.8 billion.
Judy McLellan got her annual exercise workout, walking back-and-forth to the stag...
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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