Cord Moving and Storage Reports on the Housing Market in Memphis
Gary 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 year, real estate investors have been […]
Cord Moving Following the Federal Reserve
The Federal Reserve announced Wednesday, 12 Dece 12 that it plans to keep interest rates low as long as the unemployment rate is above 6.5 percent. This was the first time that the Fed has ever identified an exact unemployment rate to be reached before it plans to raise interest rates. To push rates lower, […]
Cord Moving and Storage Reports Memphis Housing Market is Improving
The 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 the relocation industry.” The fact that […]
The Moving Industry Holds Their Breath
Bank of America has agreed to pay $8.5 billion to more than 20 large investors including MetLife, BlackRock and the Federal Reserve Bank of New York, to settle claims related to losses on mortgage securities bought before the housing bubble burst, The Wall Street Journal reports. The payment exceeds the total profits of the Charlotte, […]
