Tue September 9, 2008
Daily News: On Memphis Real Estate Market
By Eric Smith and Candice Ludlow
Memphis, TN – Deutsche Bank National Trust Co. continues to lead in Memphis home sales, and U.S. Bank follows at a close second. The reason that Deutsche leads is because of the foreclosure crisis, and many of the homes are selling below market. Memphis real estate remains sluggish, but it isn't as bad as other parts of the country.