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MAAR

The Memphis Area Association of REALTORS® (MAAR) is Tennessee's largest local REALTOR® organization, encompassing Shelby, Fayette, Tipton, Hardin, Hardeman and McNairy Counties. Founded by eight charter members in 1910, MAAR recently celebrated its 100th anniversary. MAAR's focus is serving and representing real estate professionals as well as providing real estate information to the general public.

August Market Report

Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.

August Market Report

Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.

Lamberson and Poag Receive Top Pinnacle Award Honors

The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2016 at the 16th Annual Pinnacle Awards gala held April 6 at the FedEx Event Center at Shelby Farms. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Dan Poag, of Poag Shopping Centers, and Wyatt Aiken Commercial Broker of the Year winner Johnny Lamberson, of CB Richard Ellis Memphis.

Lamberson and Poag Receive Top Pinnacle Award Honors

The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2016 at the 16th Annual Pinnacle Awards gala held April 6 at the FedEx Event Center at Shelby Farms. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Dan Poag, of Poag Shopping Centers, and Wyatt Aiken Commercial Broker of the Year winner Johnny Lamberson, of CB Richard Ellis Memphis.

REALTOR® Emeritus Honorees Recognized by MAAR

The Memphis Area Association of REALTORS® this year honored 18 people with the REALTOR® Emeritus designation. The prestigious REALTOR® Emeritus designation recognizes those who have held successive membership in the National Association of REALTORS® and a local Association for 40 years.

October Market Report

Memphis-area home sales for October increased 9.3 percent from a year ago, with 1,523 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 5.8 percent from September, when there were 1,616 total sales.

MAAR Members Elect Board of Directors for 2017-2018

At the Memphis Area Association of REALTORS® Annual Meeting and Election September 8, MAAR members elected six individuals to the 2017-2018 Board of Directors.

August Market Report

Memphis-area home sales for August increased 12.6 percent from a year ago, with 1,738 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 7.2 percent from July, when there were 1,621 total sales. Average sales price from August-to-August was up 6.0 percent, at $175,423. Inventory decreased 1.2 percent, with 5,666 units listed for sale. YTD sales volume increased by 10.8 percent, at $1.95 billion.

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Mississippi Real Estate Investors Plead Guilty to Conspiring to Rig Bids...

Real estate investors Kevin Moore, Chad Nichols, and Terry Tolar pleaded guilty today for their roles in a conspiracy to rig bids at public real estate foreclosure auctions in Mississippi, the Department of Justice announced.