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Posts from May 4th, 2005

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May
4

Memphis, Tenn. - Crye-Leike, Realtors announces that Jerry Obermark, after over 30 years of reporting Memphis' real estate news for The Commercial Appeal, has joined Crye-Leike as an affiliate broker. Obermark took early retirement from the news business and is now affiliated with Crye-Leike's East Memphis branch office, located at 585 South Perkins.

"I wanted to share in the excitement when families are pleased with their homes," says the Midtown resident.  Obermark chose to join Crye-Leike specifically from the respect for Crye-Leike he gained from personal experience.

"I followed the company story from initial formation to expansion and unprecedented growth in the Memphis area and the Mid-South region," says Obermark.

"The company's owners have not only held together as partners, they have invested continually in resources and training programs to better ensure that the customer receives quality service when buying or selling a home."

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May
4

Memphis, Tenn. - Crye-Leike, Realtors announces that Jerry Obermark, after over 30 years of reporting Memphis' real estate news for The Commercial Appeal, has joined Crye-Leike as an affiliate broker. Obermark took early retirement from the news business and is now affiliated with Crye-Leike's East Memphis branch office, located at 585 South Perkins.

"I wanted to share in the excitement when families are pleased with their homes," says the Midtown resident.  Obermark chose to join Crye-Leike specifically from the respect for Crye-Leike he gained from personal experience.

"I followed the company story from initial formation to expansion and unprecedented growth in the Memphis area and the Mid-South region," says Obermark.

"The company's owners have not only held together as partners, they have invested continually in resources and training programs to better ensure that the customer receives quality service when buying or selling a home."

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May
4

CRYE-LEIKE'S EAST TENNESSEE REGION.    Crye-Leike of Chattanooga reports record months during January, February and March 2005 for closed business in its East Tennessee Region.

Sales volume in the first quarter of this year totaled $138.6 million, up a healthy 36 percent from $102.3 million in the same quarter last year. Units sold totaled 875, up 17.5 percent compared to 745 units closed the same-quarter results a year earlier.

Local sales volume in March of this year was $55 million, up 44 percent from last March. These figures represent 360 closings, a 25 percent increase from the same period last year.

Sales reported by Crye-Leike of Chattanooga, Inc. includes sales in five counties surrounding the Greater Chattanooga metropolitan area, including Johnson City, Tenn. in Washington County and Fort Oglethorpe, Ga. in Catoosa County.

Crye-Leike of Chattanooga, Inc. has a sales force of over 390 sales associates who are located in ni...

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May
4

Memphis, Tenn. - Crye-Leike, the nation's 10th largest residential real estate company and largest in Tennessee and the Mid-South, reports strong across-the-board sales activity due to favorable market conditions as disclosed in its first quarter sales report.

"The appeal of homeownership as a sound investment continues to drive the housing market as our company's sales reflect a new all-time record," says Harold E. Crye, chief executive officer. "Mortgage rates, employment, household income and other favorable market conditions continue to drive demand, which we predict will keep Crye-Leike's sales steady and very close to last year's record of $4.6 billion."

Memphis-based Crye-Leike, Realtors reports first quarter sales company wide in 2005 up 23.3 percent over the same quarter a year prior. First quarter sales totaled $1.02 billion, up from $830.2 million in the same quarter last year. Units sold totaled 6,458, up 13.8 percent compared to 5,676 a year prior...

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May
4

CRYE-LEIKE'S ARKANSAS REGION.     Crye-Leike reports regional sales volume in Arkansas at $112.43 million in the first quarter of this year, up 47 percent from $76.5 million in the same quarter a year prior. Units sold totaled 915, up 37 percent compared to 667 a year earlier.

The month of March this year showed a local sales volume of $45.5 million, a strong 42 percent increase from $32.1 million over comparable monthly results last year. There were 404 real estate closings in March, a 60.3 percent increase from 252 closings reported for the same period last year.

May 2005 marks the third year in which Crye-Leike expanded its market presence into Central Arkansas by opening its fourth regional hub office in Little Rock, joining Memphis, Nashville and Chattanooga in Tennessee. During that time period, nine additional branch offices have opened in the Little Rock Region to join Crye-Leike's sales efforts in West Memphis and Jonesboro, strategic moves that ha...

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