This Cooper-Young bungalow is waiting for your personal touches. A structurally and mechanically sound home, this classic needs some updates and TLC for the buyer who wants to be steps away from all the restaurants, shops and fun of Cooper-Young.
Currently set up as a duplex, the conversion to the original single-family configuration would be simple. FHA offers rehab loans under the 203K programs (I can provide info.)
The plan features 2 bedrooms and 2 baths down with spacious kitchen, living room and dining room. Upstairs has 1 bedroom, 1 bath and a bonus room + a private entrance.
Enjoy all the amenities of Cooper-Young with this great value! Call today for an appointment.
Is the real estate market getting better? If you listen to the National Association of REALTORS chief economist, Lawrence Yun, we are past the bottom of the market, and the rest of the year looks great for the real estate market. Well, I am waiting for the numbers to turn around. It is good to be positive, but that positivity should have SOME basis. Its like saying gas prices won't get any higher, and they will be coming down the rest of the year.
The new catch phrase in the real estate establishment is "all real estate is local". You don't look at the national weather; you look at the local weather- duh. While the the official REALTOR news seems to, somehow, indicate some other result, local stats indicate we are still in a down market. Sellers are going to have to come to grips with declining prices (median price in our local market down 14.2% year to date through April, from 2007, and total sales off 18.2% for that period). Check out the most recent comprehensive Home Sales Report from MAAR. Buyers seem to have a good grip of the situation and are making offers that reflect market conditions.
To drill down to even more local numbers, see page 3 of the report for area details. Most of the dramatic drops in median prices seem to reflect foreclosure/REO sales. If you have foreclosed or bank owned properties in your neighborhood, they DO impact the values of surrounding homes.
It's not the Roller Derby you, or maybe your parents, remember from the 1960's and 70's. The banked track is gone and so are the male players. It is all female and has really caught on around the country. The bouts are lots of fun to watch as women in wild costumes on roller skates compete on the oval track. You might need to be a gen-Xer to understand some of the culture of the game: the players' Roller Derby names, and the numbers on their uniforms, but its definitely good entertainment.
So look for a Roller Derby bout in your area. For more about Roller Derby in Memphis, go to www.memphisrollerderby.com
Its so much fun I decided to sponsor Memphis Roller Derby. When the going gets tough, I want these women (Women of Mass Destruction Team) on my side!
The national news media is full of flooding stories, but if you want to see some BIG flooding, take a trip to Downtown Memphis and check the Mississippi River. The National Weather services says today is the crest (the highest it will get) at Memphis at over 37 feet; flood stage here is 34 feet, so as you look west toward the Arkansas bank, there is at least 3 feet of water over the delta lands as far as you can see, until the levee holds it outside of West Memphis and Marion.
Here is a shot i took this morning from the Mud Island River Walk Park parking area, and the same scene taken a few weeks ago when I was downtown. 
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I represent buyers and sellers of fine in-city homes in Memphis, TN, specializing in Downtown, Midtown, and East Memphis homes and condos as well as historic properties. Memphis Tennessee Real Estate
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