|
Contact Information |
Olena M. Keene First National Realty 6423 Summer Gale Dr Memphis, TN, 38134
Office: 901-277-5324 Cell: 901-277-5324 Fax: 901-531-8084
Lic. #: 00289295 |
|
|
return on new vs previously owned homes |
| Print |
|
What is the return on new versus previously owned homes in Memphis ?
Buying into a Memphis area new-home community may seem riskier than purchasing a house in an established neighborhood, but any increase in home value depends upon the same factors: quality of the neighborhood, growth in the local housing market and the state of the overall economy.
One survey by the National Association of Realtors shows that resale homes do have an edge over new homes. The trade group's figures show the median price of resale homes increased 4.3 percent between 1999 and 2000, compared to 2.8 percent for new homes in the same period.
Questions about Memphis Real Estate?
Ask us below or Call us Now at 901-277-5324
|
|
Last Updated ( Thursday, 04 September 2008 )
|
|
Syndicate this Site |
Get the newest real estate Information from our site delivered right to your desktop!
|
|
|
Just Listed RSS Feed |
See the newest properties as soon as we enter them in your favorite feed reader!
Don't worry about missing the right one... we make it easy for you!  |
|
|
