The Stonebrook Letter

Vol. 23, No. 5

May, 2019

Terry Stonebrook

How’s Real Estate

The Memphis area real estate market continues at a fast pace with homes in good condition and sought after areas receiving multiple offers. Mortgage rates remain steady with 30-year conventional loans at 4.125% and FHA/VA at 3.625%.

Through April, the number of homes sold is up 2% over last year. Investors continue to buy 4 of every 10 homes sold in Shelby County.

St. Louis Visit

Mary and I visited Will and Macie in St. Louis recently. The Cincinnati Reds pounded the Cards, but we loved seeing Busch Stadium and the good food at Ball Park Village. Saturday we caught the azaleas and dogwoods in perfect bloom at the Missouri Botanical Gardens. For lunch we went to Gioia’s on the Hill, an Italian deli since 1918. We ordered their famous salami sub with grilled onions and mustard, and it was delicious!

To cap off our St. Louis Day, we enjoyed the Boathouse at Forest Park, watching the ducks, boaters, etc., at the famous venue from the 1904 World’s Fair. St. Louis is a great city to visit with lots of historical, interesting sights.


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


Realtors Tour Graceland

I attended a Realtor luncheon at the new “Elvis Presley’s Memphis at Graceland”, across the street from the Elvis mansion and the Guest House at Graceland. It was amazing! The tourist friendly park offers easy parking, restaurants, a “live event” soundstage, and a combination of Elvis museums, including his cars, army tour, Vegas shows, his movies and Sun Studio days. You can easily spend half a day touring the impressive campus that Memphians can be proud to recommend. This is a must see for Elvis fans who live or visit here!




About Terry


Centerfield at Busch Stadium

Gioia's Deli


Macie, Will & Mary at
Missouri Botanical Gardens

Welcome Center, Tour Packages, Elvis’ pink cadillac


Gardening - Tomatoes and Peppers

This year I am taking extra steps to grow better tomatoes and peppers, including:

1. Planting transplants with bone meal.

2. Keeping a regular spray schedule with Neem oil every 7-10 days. Several tomato farmers in New Albany, MS, recommended the Neem oil spray to help prevent insect and fungus problems. They told me, “If you wait until you see a fungus problem, you are probably too late.”

3. Trimming lower limbs below the first blooms for air flow and to avoid soil splashing on leaves.

4. Applying calcium nitrate once blooms set.

5. Inspecting plants daily removing suckers to maintain a “single stem” approach.

6. Watching YouTube gardening videos regularly.


Just listed ... near Quince & Estate

1584 Rabb

3 bedrooms plus bonus or 4th bedroom. 1.5 baths. Hardwood and tile floors. Updated kitchen and bath. Low maintenance brick with vinyl siding. Private carport in back fenced yard. $189,900.


April Franklin Visit

We visited Mary’s brother, Hank, and his wife, Elizabeth, in Franklin, TN. We enjoyed a nice dinner at BrickTops where Mary’s other brother and sister-in-law, Bill and Alice, joined us. Saturday we took a driving tour of Franklin, including Carnton, a Civil War battle site. The rainy weather made it comfortable to stay in and watch Tiger win the Masters!

Raised bed tomatoes

Thought for the Month

“A knife of the keenest steel requires the whetstone, and the wisest man needs advice.”



Recipe: Mocha Pie

1/2 cup sugar
1 cup milk
2 T. cocoa
1/2 t salt
1 T instant coffee
1 t vanilla
1 T corn starch
1 cup whipping cream
3 T flour 1 pie shell

Cook sugar, cocoa, coffee, corn starch, flour, milk and salt together until thickened, stirring constantly. Let cool and add vanilla. Whip cream, fold in 1/2 and add other 1/3 to achieve marble effect. Pour into baked pie shell Chill. A cool, summertime dessert!

From the kitchen of my mom, Julia Russell

Mary and her brother, Hank, at Carnton in Franklin