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NASHVILLE, Tenn. -- New numbers released on Wednesday show home foreclosures are up 65 percent nationally, and the people losing their homes aren't just the poor and disadvantaged.
Channel 4 got a first-hand look at foreclosed homes on the market in some of Nashville's nicest neighborhoods.
A tour bus loaded with real estate agents and investors was cruising in West Meade on Wednesday, hoping to cash in on homes that were lost to foreclosure.
With Tennessee's first quarter foreclosures up 72 percent over last year, real estate agents are traveling by bus looking for good deals. But Nashville's not as bad off as other parts of the state.
"Nashville's not experiencing the increases other parts of the country are. Memphis for example has three times the foreclosures that Nashville does," said Cindy Stanton Fey of Crye-Leike Realty.
That still lea...
NASHVILLE, Tenn. - Tough economic times continue in the housing market.
Tennessee remained in the Top 20 for home foreclosures in April, according to RealtyTrac's report on foreclosures. California-based RealtyTrac monitors default and auction sale notices as well as bank repossession.
Economic experts said the outlook for the remainder of the year doesn't look much better.
But the current period could create opportunity for the right person.
A Nashville real estate agent with Crye-Leike, Realtors is offering a special bus tour of foreclosed homes.
"We're on our No. 3 home as far as flipping and there's always something to learn," said C.C. Wiserman.
Wiserman and her husband, Phil Wiserman joined a large group of investors that toured several properties Wednesday.
"Most often the proper...
HIXSON, TN., - Despite a steady downpour of rain showers, the Hixson Branch of Crye-Leike, REALTORS held a very successful Buyer/Seller Seminar on Thursday May 15 from 6:30pm to 8:30pm. The event took place at the Hixson office located at 5870 Highway 153 in Hixson Tennessee.
The two-hour program was free and open to the public and featured a panel of experts in buying, selling, mortgage lending, insurance coverage and closing services.
"Given the unpredictable weather conditions we are thrilled with the turnout of more than a dozen people who came in from the pouring rain to learn more about buying and sellers in the current housing market," said Kathy Tucker, Managing Broker of the Hixson branch office. "We absolutely achieved our goal for the evening which was to help those who attended get educated on the facts and set aside their hesitation."
Joining Crye-Leike, REALTORS sales associates at...
MEMPHIS, TN., - Crye-Leike, REALTORS is proud to announce the appointment of Affiliate Broker Christie Jones as a Director of Career Development. Jones is based out of the Quail Hollow Headquarters office, located at 6525 Quail Hollow in Memphis.
"For more than a decade I have always found a way to seek out new opportunities with Crye-Leike," said Jones. "This is an ideal way for me to experience more personal and professional growth with the company and take my skills and experience to the next level."
Jones joined Crye-Leike in 1997 as a receptionist in the Bartlett branch office and within a few months had obtained her Tennessee real estate license. These accomplishments laid the foundation for Jones to establish a Professional Assistant Program exclusively for Crye-Leike sales associates.
"My company, Marketing Concepts, provides top-notch assistance exclusively to over 50-plus Crye-Leike, REALTORS associates? many of them top producers,...

Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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