142 N AUBURNDALE PL Memphis, TN 38104

Property Site: http://tour.remax-tennessee.com/home/VRY6EZ/142-N-AUBURNDALE-PL-Memphis-TN-10073553

Great 2BR/1.5BA Condo in Small, Quiet Complex~Renovated Throughout~Two Living Spaces Down w/ Lots of Natural Light~Updated Kitchen w/SS Appliances, Stainless Countertop & Lots of Cabinet Space~Laundry Closet Also Down~Both Bedrooms Up w/ Tons of Closet Space~Full Bath w/ Separate Vanities Also Up~Fenced-In Patio~End Unit w/Parking Space Right at Door~AND MORE!!

Bedrooms: 2

Bathrooms: 2

Square feet: 1,000

Price: $88,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6114635 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: jcarstensen.remax-tennessee.com

MLS ID: 10073553

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2571 CEDARVILLE DR Germantown, TN 38138

Property Site: http://tour.remax-tennessee.com/home/YZPCUC/2571-CEDARVILLE-DR-Germantown-TN-10073540

Beautiful, Move In Ready 5BR/3BA Home in Heart of Germantown~Living Room/Dining Room Combo with Tons of Natural Light~Great Room w/Gas Fireplace~Spacious Kitchen w/New Cabinets, SS Appliances & Lots of Countertop Space~Laundry Room & Mud Room Off Kitchen~Master Bedroom Down w/ Walk-In Closet & Updated En-Suite Bath~2 Addtl Bedrooms + Full Bath Down~2 Bedrooms + Full Bath Up~Gorgeous Landscaped Backyard w/Wood Fence is the Perfect Place to Relax~AND MORE!!

Bedrooms: 5

Bathrooms: 3

Square feet: 2,400

Price: $320,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6114634 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: jcarstensen.remax-tennessee.com

MLS ID: 10073540

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Why the Stock Market Correction Probably Won’t Impact Home Values

With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent from October 2007 to March 2009, and home values did depreciate in 2007, 2008, and 2009 – but that was because that economic slowdown was mainly caused by a collapsing real estate market and a meltdown in the mortgage market.

This time, the stock market correction is being caused by an outside event (the coronavirus) with no connection to the housing industry. Many experts are saying the current situation is much more reminiscent of the challenges we had when the dot.com crash was immediately followed by 9/11. As an example, David Rosenberg, Chief Economist with Gluskin Sheff + Associates Inc., recently explained:

“What 9/11 has in common with what is happening today is that this shock has also generated fear, angst and anxiety among the general public. People avoided crowds then as they believed another terrorist attack was coming and are acting the same today to avoid getting sick. The same parts of the economy are under pressure ─ airlines, leisure, hospitality, restaurants, entertainment ─ consumer discretionary services in general.”

Since the current situation resembles the stock market correction in the early 2000s, let’s review what happened to home values during that time.

The S&P dropped 45% between September 2000 and October 2002. Home prices, on the other hand, appreciated nicely at the same time. That stock market correction proved not to have any negative impact on home values.

Bottom Line

If the current situation is more like the markets in the early 2000s versus the markets during the Great Recession, home values should be minimally affected, if at all.

Source: Keeping Current Matters | The KCM Crew 03242020

1156 IRWINS GATE DR Collierville, TN 38017

Property Site: http://tour.remax-tennessee.com/home/K63CTJ/1156-IRWINS-GATE-DR-Collierville-TN-10073415

Wonderful 5BR/4.5BA Home in Sought After Braystone Park~Home Features Formal Dining Room & Great Room w/ Lots of Natural Light~Great, Open Eat-In Kitchen w/Island, Breakfast Bar & Tons of Cabinet Space~Master Bedroom Down w/En-Suite Luxury Bath & Walk-In Closet~2 Addtl Bedrooms + Full Bath & Half Bath Down~Laundry Room Also Down~2 Bedrooms (Including 2nd Master) + 2 Full Baths + Office Up~Amazing Covered Patio is Perfect for Relaxing~AND MORE!!

Bedrooms: 5

Bathrooms: 5

Square feet: 4,500

Price: $685,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6110850 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: jcarstensen.remax-tennessee.com

MLS ID: 10073415

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4503 TIMMERON CV Bartlett, TN 38135

Property Site: http://tour.remax-tennessee.com/home/ST33PH/4503-TIMMERON-CV-Bartlett-TN-10073305

Wonderful 4BR/2BA One Story Home at End of Cove~Home Features Formal Dining Room & Large Great Room~Spacious, Open Eat-In Kitchen w/Granite Counter Tops, Tons of Cabinet Space, Breakfast Bar + Pantry~Hearth Room Off Kitchen~Master Bedroom Down w/Huge Master Bath (Double Vanities, Jacuzzi Tub & Separate Shower) & Double Sided Fireplace~Split BR Floor Plan~3 Addtl BRs + Full BA + Laundry Room~4th BR was Previous Office/Living Room~Heated & Cooled Sunroom is Perfect Place to Relax~AND MORE!!

Bedrooms: 4

Bathrooms: 2

Price: $275,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6103342 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: jcarstensen.remax-tennessee.com

MLS ID: 10073305

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5082 PARKSIDE AVE Memphis, TN 38117

Property Site: http://tour.remax-tennessee.com/home/CNJUL8/5082-PARKSIDE-AVE-Memphis-TN-10073110

Completely Renovated 3BR/1BA Home in Sought After Colonial Acres Neighborhood ~ Large Great Room w/ Tons of Natural Light ~ Wonderful Eat-In Kitchen w/ New Cabinets, New Granite & New Appliances ~ Three Spacious Bedrooms + Renovated Full Bath ~ Laundry Room Off Kitchen ~ Detached 1 Car Garage ~ Fenced-In Backyard w/ Patio ~ AND MORE!!

Bedrooms: 3

Bathrooms: 1

Square feet: 1,000

Price: $165,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6098504 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: jcarstensen.remax-tennessee.com

MLS ID: 10073110

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304 HARPER ST Atoka, TN 38004

Property Site: http://tour.remax-tennessee.com/home/7RDU74/304-HARPER-ST-Atoka-TN-10073105

Wonderful 4BR/2.5BA Home in Templeton Farms~Double Door Entry Leads Into Formal Dining Room w/Beautiful Coffered Ceiling~Large Great Room w/Tons of Natural Light~Spacious Eat-In Kitchen w/Custom Cabinets & SS Appliances (5 Burner Gas Cooktop + Double Ovens)~Great Master Bedroom Down w/Amazing Walk-In Closet + Luxury Master Bath w/Double Vanities, Jacuzzi Tub & Walk-Through Shower~Laundry Room + Half Bath Also Down~Two Bedrooms + Full Bath + Bonus Room Up~Over .5 Acre Lot~AND MORE!!

Bedrooms: 4

Bathrooms: 3

Square feet: 2,800

Price: $310,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6098501 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

See more listings at: jcarstensen.remax-tennessee.com

MLS ID: 10073105

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