Mid-South News
11:25 am
Tue September 9, 2008

Daily News: On Memphis Real Estate Market

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.

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