4190 HICKORY GROVE DR Memphis, TN 38141

Property Site: http://tour.remax-tennessee.com/home/8PPJED/4190-HICKORY-GROVE-DR-Memphis-TN-10086039

Great 2BR/2.5BA Home in Quiet Neighborhood~Huge Great Room w/Vaulted Ceilings & Fireplace~Spacious Eat-In Kitchen w/Breakfast Bar & Lots of Cabinet Space~Large Master Bedroom Suite Down w/Walk-In Closet & Full Bath~Second Master Bedroom Up w/Full Bath & Walk-In Closet~Half Bath + Laundry Closet Also Down~Fenced-In Backyard~Fresh Interior Paint & New Carpet~AND MORE!!

Bedrooms: 2

Bathrooms: 3

Square feet: 1,400

Price: $80,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6499452 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

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

MLS ID: 10086039

https://www.facebook.com/jensellsmemphis https://twitter.com/livelovememphis https://www.youtube.com/c/jennifercarstensenmemphisrealestate

0 Hwy 311 Holly Springs, MS 38635

Property Site: http://tour.remax-tennessee.com/home/8VMP97/0-Hwy-311-Holly-Springs-MS-331788

5.1 acres in Holly Springs. Lot is just south of 3576 Hwy 311.

Bathrooms: 0.00

Price: $25,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6495149 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

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

MLS ID: 331788

https://www.facebook.com/jensellsmemphis https://twitter.com/livelovememphis https://www.youtube.com/c/jennifercarstensenmemphisrealestate

7735 OLD VILLAGE CV Germantown, TN 38138

Property Site: http://tour.remax-tennessee.com/home/QRWFXN/7735-OLD-VILLAGE-CV-Germantown-TN-10085880

Completely Renovated Tri-Level 5BR/3BA Home in Peaceful, Quiet Cove~Formal Living Room + Separate Great Room w/Fireplace~Gorgeous Eat-In Kitchen w/New Cabinets, Countertops & Appliances~Huge Master Bedroom Suite Up w/Walk-In Closet + Luxury Bath~2 Addtll Bedrooms + Shared Bath Also Up~Spacious Bedroom w/Built-In Shelves + Full Bath Down~5th Bedroom (Or Bonus Room) on Lower Level~New Flooring Throughout~Amazing Outdoor Space for Relaxing~Great Fenced-In Backyard~Oversized 2 Car Garage~AND MORE!!

Bedrooms: 5

Bathrooms: 3

Square feet: 3,400

Price: $375,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6494407 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

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

MLS ID: 10085880

https://www.facebook.com/jensellsmemphis https://twitter.com/livelovememphis https://www.youtube.com/c/jennifercarstensenmemphisrealestate

TAGG DR Germantown, TN 38138

Property Site: http://tour.remax-tennessee.com/home/HX9BJG/TAGG-DR-Germantown-TN-10085798

Large Residential Lot in Germantown Manor~Minimum Square Footage for Home is 4000~Homes Must Be French Manor Style~2 Additional Lots Also Available - MLS # and MLS # ~Owner Financing Available

Bathrooms: 0.00

Price: $155,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6490950 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

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

MLS ID: 10085798

https://www.facebook.com/jensellsmemphis https://twitter.com/livelovememphis https://www.youtube.com/c/jennifercarstensenmemphisrealestate

7535 TAGG DR Germantown, TN 38138

Property Site: http://tour.remax-tennessee.com/home/ZER872/7535-TAGG-DR-Germantown-TN-10085797

Large Residential Lot in Germantown Manor~Minimum Square Footage for Home is 4000~Homes Must Be French Manor Style~2 Additional Lots Also Available - MLS # and MLS # ~Owner Financing Available

Bathrooms: 0.00

Price: $175,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6490948 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

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

MLS ID: 10085797

https://www.facebook.com/jensellsmemphis https://twitter.com/livelovememphis https://www.youtube.com/c/jennifercarstensenmemphisrealestate

7536 TAGG DR Germantown, TN 38138

Property Site: http://tour.remax-tennessee.com/home/AB3VYU/7536-TAGG-DR-Germantown-TN-10085796

Large Residential Lot in Germantown Manor~Minimum Square Footage for Home is 4000~Homes Must Be French Manor Style~2 Additional Lots Also Available - MLS # and MLS # ~Owner Financing Available

Bathrooms: 0.00

Price: $175,000

For more information about this property, please contact Jennifer Carstensen at 901-685-6000 or jennifer@livelovememphis.com. You can also text 6490946 to 67299 (Message and Data Rates May Apply, see terms and privacy policy).

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

MLS ID: 10085796

https://www.facebook.com/jensellsmemphis https://twitter.com/livelovememphis https://www.youtube.com/c/jennifercarstensenmemphisrealestate

Housing Market on Track to Beat Last Year’s Success

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered.

Mark Fleming, Chief Economist at First American, announced last week:

“Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market. Housing has experienced a strong V-shaped recovery and is now exceeding pre-pandemic levels.”

The Economic & Strategic Research Group at Fannie Mae upgraded its forecast for home sales last week:

“Housing data over the past month continued to show a strong V-shape rebound, helping drive the broader economy. Existing home sales jumped to a pace not seen since 2006…We have substantially upgraded our forecasts for both new and existing home sales. For 2020, total home sales are now expected to be 1.3% higher than in 2019.”

The National Association of Realtors (NAR) agrees. In their last Pending Sales Report, NAR shared projections from Chief Economist Lawrence Yun:

“Yun forecasts existing-home sales to ramp up to 5.8 million in the second half. That expected rebound would bring the full-year level of existing-home sales to 5.4 million, a 1.1% gain compared to 2019.”

Yun’s forecast for 2021 was even more optimistic, stating, “Home sales will ramp up again next year, increasing between 8% – 12%.”

Bottom Line

The housing market has come roaring back and looks as though it may even surpass last year’s success.

Frank Martell, President and CEO of CoreLogic, hit the nail on the head when he said, “On an aggregated level, the housing economy remains rock solid despite the shock and awe of the pandemic.”

Source: Keeping Current Matters | The KCM Crew 09282020