The Stonebrook Letter

Vol. 23, No. 10

October, 2019

Terry Stonebrook

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.

Freon R22 Phase Out

Because of its harmful effects on the ozone layer, the U.S. Environmental Protection Agency has set January 1, 2020, as the date when R22 is no longer legal in the U.S. After that date, it can no longer be manufactured or imported. If you have a repair requiring R22, the only option will be previously made or reclaimed refrigerant and expect it to be expensive!


On January 1, 2010, the EPA banned the manufacture and installation of new R22 AC systems. As a result, manufacturers of AC and heat pump equipment redesigned their systems to use 410A, a chlorine-free refrigerant. Check your equipment label to identify the type of refrigerant. If you have an older system using R22, you should weigh an expensive R22 repair vs. a new, more efficient, more environmentally friendly unit.


1011 W. Poplar, Suite 8
Colliervillel TN 38017
568-0100 Terry cell
901 850-4044 office
901 592-0929 eFax


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.




About Terry

European Tour

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!
Here are some friends dressed for Oktoberfest.

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.


For Sale … 6.65 acres on Billy Maher


4319 Billy Maher Rd.

Unique opportunity to own 6.5+ acres, a home and workshop, just minutes to Stage Rd. Beautiful land for a future home site. Neat and clean 1 bedroom home with eat-in kitchen. Outstanding 24' x 24' air conditioned workshop. $159,900.

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

For Sale … walk to Altruria Elementary


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

3243 Altruria

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.