Fall & Winter Market Activity

Welcome to the fall & winter real estate market, typically a time when business slows drastically. On the contrary we are seeing an upturn and we're staying quite busy! Our local downtown Memphis real estate inventory is slowly decreasing in volume while increasing in average closed sales prices. Our market activity has been positive over the past two weeks with lots of prospects. We have rented 7 downtown Memphis apartment/condos and are working on 5 downtown Memphis real estate sales contracts. Not too shabby for a slowed market.

We are also working on the listing of 4 homes from Harbor Town to the South Bluffs.

If you are considering making a move, contact the Get Sold Memphis sales team and put us to work for YOU!

We Will Prevail

As we continue into the fall and winter months, a time where real estate sales traditionally go soft, may actually serve the downtown Memphis real estate market very well. I predict that this year will be the opposite of years past especially if the past two weeks serve as a current market measuring stick. Has the downtown Memphis real estate market decreased in activity, yes. Has the downtown Memphis real estate decreased in value, no actually our closed sales prices are up 7.9% YTD. We are somewhat of an anomaly in the world of Memphis real estate and continue to strive to increase these downtown Memphis real estate numbers daily.

Like business consultants should do, we at Get Sold Memphis and Henry Turley Realtors have adapted to the market conditions. Our downtown Memphis real estate market has a great deal of interested prospects, both rental and purchase. To coincide with them, we have built up a fantastic inventory of downtown Memphis real estate listings and welcome the opportunity to show you our properties.

If you are interested in buying, selling, leasing or investing you owe it to yourself to contact the Get Sold Memphis real estate sales team. Either Mike Parker, Kris Gavin or myself are happy to assist you in any way.

Remember if it has to be downtown it has to be Henry Turley Realtors and the Get Sold Memphis real estate sales team, the leaders in downtown Memphis real estate.

Best Regards-
Jason Durston
www.GetSoldMemphis.com
jdurston@henryturley.com

Lofts go from gritty to glamorous

I was just reading on Forbes.com a story about Lofts and how they are no longer only chic for starving artist and broke bohemians. Nice read comparing 10 metropolitan areas in the US and a sample of their loft's for sale, up to $10 million in Seattle. Here in our local downtown Memphis real estate market we have lofts starting in the $150,000 up to $1 Million, all with great bells and whistles. It's amazing how once run down and vacant buildings are now much of the countries most desired properties. Speaking for our downtown Memphis real estate and specifically our downtown Memphis lofts there are fantastic buys ready to be had. Exposed brick, timber beams, soaring ceilings and large windows all make our lofts unique. Then add the building amenities such as garage parking, roof top pools, gyms and on site management and you have a community within a building.

If you are looking to buy downtown Memphis real estate including a unique loft give me a call or email.

Thanks,

Jason Durston
Vice President, Director of Sales
Henry Turley Realtors
901-596-3027 Cell
jdurston@henryturley.com