Crye-Leike Posts $4 Billion In Sales – Chattanooga Times Free Press www.timesfreepress.com

Crye-Leike Realtors held its annual meeting on Thursday for its Chattanooga region offices.

 

Nationwide, the company’s agents sold 25,871 homes in 2008 valued at $4.2 billion.

 

“The market’s not what it was a year ago but there is still a lot of real estate moving,” said Crye-Leike President Dick Leike. “Some agents actually did better in 2008 improving their sales totals over what they sold in 2007.”

 

CEO Harold Crye said he expects the real estate market to begin picking up in May or June

 

“With banks cutting builders back, there is not a whole lot of new construction going on right now. We expect to see a shortage of homes in 2010 which will drive home values back up.”