The Stonebrook Letter
Vol. 23, No. 10
How’s Real Estate
September home sales increased 8% over last year with 1,578 sales vs. 1,458 in 2018. The combination of limited inventory, low mortgage rates in the 3.5% range and strong employment continues to push home demand and prices higher.
The challenge for home buyers is there are few homes available and they compete with “all cash” investors in their bids. It can be frustrating and takes patience.
1011 W. Poplar, Suite 8
New Key boxes
The Memphis Board of Realtors is converting to “bluetooth” key boxes. Sentrilock, headquartered in Cincinnati, OH, provides the state of the art boxes. They serve 350 Realtor Boards across the country with 1.1 million key boxes in service! The new bluetooth feature eliminates the weekly card update and provides online listing data, instant alert, extra security, safety alerts, etc.
Wade just returned from a 12-day European vacation. He attended Oktoberfest in Munich, Germany, the world’s largest festival, attracting 6 million people. He also toured Salzburg, Austria, Berlin and Hamburg, Germany and Paris, France. He loves to travel!
Gardening … Eggplant
With the hot, dry weather of September, the stars of my raised bed garden were okra, peppers and eggplant. I usually plant several varieties of egg plant in May, buying 8” plants at Russell’s in Collierville. Some varieties are white and egg shaped, hence its name. Eggplant is believed to have originated in India or Africa and is a staple in the Mediterranean area since medieval and earlier times. Food writer, Jennifer Biggs, of the Daily Memphian, recently included eggplant among the top five Southern dishes in a survey of Memphis restaurants. Eggplant, when cooked, absorbs flavors and can add a meaty texture to casseroles, etc., making it a culinary favorite.
Thought for the Month
“Look at a day when you are supremely satisfied at the end. It’s not a day when you lounge around doing nothing. It’s when you’ve had everything to do, and you’ve done it. “
- Margaret Thatcher
What Clients Say
“Our experience with Stonebrook Realtors was awesome. Terry was referred to us by my sister, Donna, who told me about Terry going so far over and above the normal level of service. When we met, I knew he was going to be a good fit for selling our house. Terry gave us ideas on preparing our house for the market. We followed his lead and our house sold quickly and for more than our asking price. We could not have been happier with our experience.”
Jay and Amy Bethea
Recipe: Miss Bobbie’s Eggplant Casserole Cut 1 large eggplant into 1/2” slices; dice one medium onion. Steam together until tender; drain any excess water. Cook 3 slices bacon until crisp and crumble. Grate 1 cup fresh Parmesan cheese. Prepare a cream sauce* and season with salt & pepper, Tony’s seasoning and worcestershire sauce. Spray sides and bottom of 1 1/2 qt. casserole. Layer eggplant and onion mixture, sprinkle on some bacon & Parmesan, and pour 1/2 of cream sauce over mixture. Repeat with second layer using all ingredients, then top with panko bread crumbs dotted with butter. Bake at 350˚ for 35-40 minutes.
From the kitchen of Julia Russell
32' gunite pool, covered patio and beautiful fenced yard for a weekend retreat! Vaulted, spacious 20' family room with "wood look" plank tile flooring. Kitchen features quartz countertops and backsplash and new "shaker style" cabinets. Updated bathrooms. 12' utility room holds freezer, ironing, etc. 19' bonus room. Approx. 2,100 sq. ft. $210,000.