Mortgage rates were down slightly this week which impacts the Moving and Storage as home buyers remain skittish about taking the plunge. Freddie Mac’s (OTC: FMCC) weekly rate report says a 30-year fixed-rate mortgage averaged 4.12 percent in the week ending July 31, down from 4.13 percent last week....
Read moreKeller-Williams Realty of Memphis reported to Cord Moving and Storage that after a two-week hiatus, million-dollar home sales were back on the menu in the Memphis housing market. The most expensive home sale for the week of April 7 was a $2.95 million home in the River Oaks neighborhood...
Read moreThe U.S. apartment market continued to see robust growth in 2013, but investors are keeping a wary eye on looming changes as the 1st Quarter came to an end in 2014, including the impact from rising supply, rising interest rates and the prospects of restructuring the nation’s two biggest...
Read moreGary Lee the longtime General Manager for the Memphis operation of Cord Moving and Storage reports this morning that Memphis, TN is one of the U.S. cities expected to see the biggest increase in home prices this year, according to CoreLogic Case-Shiller’s latest home price forecast. In the last...
Read moreCord Moving and Storage an agent for North American Van Lines with offices in Saint Louis, MO, Dixon, Mo, Belleville, IL and Memphis, TN works closely with the real estate agents all across the United States and the reports on existing-home sales rose in April but remain below underlying...
Read moreEconomists expect home prices to bottom by 2013 and will have an impact on the moving and storage industry since they are so connected to each other. Economists predict home prices nationwide will drop slightly in 2012, falling 0.4 percent for the year, according to the latest realtor survey – Zillow...
Read moreAnother sign the housing market is picking up this spring: Pending home sales rose in March and were sharply higher than a year ago. Pending sales of existing homes rose 4.1 percent in March, according to the National Association of Realtors. The D.C.-based trade group said pending sales were...
Read moreThe Markets of Saint Louis Missouri and Memphis Tennessee continue to be resilient housing markets as they continued to show signs of recovery in March, as buyers chased discounted prices and posted the eighth consecutive month of single-family home sale increases. Cord Moving and Storage watch these trends carefully since...
Read moreThe Memphis metro area’s foreclosure rate fell 50 percent in the first half of 2011 compared to the same period in 2010. Gary Lee the General Manager of Cord Moving and Storage keeps a close eye on the housing market in Memphis, “since it has a direct impact on...
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