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Posts from January 21st, 2013

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January
21

Hard hit by the economic downturn, Memphis is one of those places with just enough resilience to pull through no matter what. As evidence of this Tennessee's  biggest real estate player, Crye-Leike, has announced their best sales year in some time. Who says there's no money in real estate these days?

 

A story in Memphis's Commercial Appeal Monday revealed a Crye-Leike better than $700 million in sales ahead of where they were in 2011. Last year Crye-Leike agents sold some 28,065 units across several states to the tune of about $4.5 billion. So, co-founders Harold Crye and Dick Leike showing up at a gala at the Holiday Inn-University of Memphis ballroom (image above) was no hollow celebration. Sales awards flew, as did spirits, and the firm's spokespersons told us Crye-Leike Memphis Realtors sold $1.2 billion in 2012 selling 7,681 units (properties) which marked  a 22% increase in both volume and units over 2011 figures.

 

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