The Memphis Area Association of REALTORS reported today of a 22% increase in December over November home sales.
Thursday the Memphis Business Journal reported on a Forbes.com article which ranked the US housing markets.
Here's a blurb.
"Memphis is the 19th strongest housing market in the nation, according to Forbes.com which ranked America’s 25 strongest housing markets.
Forbes used numbers from Moody’s Economy.com to determine which of the country’s real estate markets are closest to recovery."
Click here for access to the complete article from the MBJ.
It's not all roses though...Memphis housing market is not expected to bottom out until the end of 2009 according to the report.
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