Posts from June 23rd, 2009
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23
Arkansas Business on Today's THV: High Dollar Real Estate - KTHV-TV 11 News, Little Rock, Arkansas, USA
http://www.todaysthv.com/news/business/story.aspx?storyid=86970&catid=119
Posted By: Lindsey Clark
While Arkansas' residential real estate market hasn't been hit as hard as other markets around the country, 2008 was a tricky year for home sales. This week in Arkansas Business, they conducted their annual survey of the state's upscale real estate market, along side our yearly round-up of the state's biggest real estate agencies, ranked by 2008 sales.
What did they find?
The biggest residential real estate agencies in Arkansas got bigger, even in a year that marked the end of a home sales boom. Crye-Leike realtors pushed its 2008 sales volume in the state to $900 million, up from $837 million, to put it number one on the list. And among the top 10, only Keller Williams Realty of Little Rock, at number seven, joined Crye-Leike in reporting sales gains in 2008. The firm had nearly $141 milli...
23
Real Estate Agencies See Consolidations, Closings - Arkansas Business
By George Waldon - arkansasbusiness.com
6/22/2009
The biggest of residential real estate agencies in Arkansas got bigger in a year that marked an end of a home sales boom. Crye-Leike Realtors pushed its 2008 sales volume in the state to $900 million (up from $837 million in 2007) as it remained No. 1.
Among the top 10, only Keller Williams Realty of Little Rock joined Memphis-based Crye-Leike in reporting sales gains in 2008. The firm moved from No. 11 and $128.2 million in 2007 to No. 7 and nearly $141 million.
Accompanying the sales slowdown were consolidations and closings. Six of the 40 largest firms joined forces through mergers.
The biggest during the past 12 months was the late December 2008 sale of Coldwell Banker Advantage Realty to Rector Phillips Morse.
At its peak, Coldwell Banker Advantage Realty ranke...
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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