Memphis home prices continue to go the wrong way if you’re a homeowner looking to sell.
CoreLogic reported Thursday the area’s home prices for February fell 6.5 percent compared with February 2010. The prices were down 4.1 percent in January 2011 compared with January 2010.
Excluding distressed sales, year-over-year prices in Memphis fell by 2.12 percent in February compared to the year-ago month.
via bizjournals.com
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