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Tuesday, May 15, 2012

Memphis Housing Market Trends

The housing trends in Memphis point to two things: short sales and foreclosures. The real estate market is filled with large quantity of short sales. Whether you're looking for a new home in East Memphis, Midtown, Bartlett, Germantown, Collierville, Cordova, Arlington, Lakeland, Harbor Town, or another Memphis neighborhood, you can get an exceptional deal on a house by purchasing a very inexpensive short sale home.

The Carstensen Team can help you locate numerous houses within your price range that you will love. You will get so much more for your money, when you buy a foreclosure or a short sale. These homes are gorgeous, sometimes almost brand new, that in another economy you probably wouldn't be able to afford. Imagine, for example, having a gorgeous mini-mansion complete with a library and basketball court. Right now, a member of the middle class can afford to buy that foreclosed home. This market is especially appealing for first-time homebuyers, renters, and people of the working class. In short, the current housing trends in Shelby County include luxury and affordability. Short sales and foreclosures are making luxury homes available to a wider number of buyers.

Please visit us at for more information.

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