Answers by Peter Fife

Hello George, I think it depends greatly on the area you live in, but can still vary. For example, I'm in Prescott, Arizona and although our market is considered slow during December and January, we actually had a strong sales volume, and the pending homes are double the norm for January. I believe we are currently experiencing an increase in buyer confidence due to the changes with interest rates and the upcoming leadership goals. I suggest you contact an agent in your area and ask for a market report for the Memphis area so you can see the current numbers. Best success to you! Jaye