Banks Remain Top Home Sellers in Local Market
Prior to 2007, the bulk of residential sales was traditionally made by homebuilders. The builders have been pushed down the ladder by companies such as Deutsche Bank National Trust Co. According to the latest data from real estate information company Chandler Reports, It led Shelby County in residential sales in terms of dollar amount for the second straight month. In February, Deutsche Bank sold 65 homes with a total of $4.3 million, edging U.S. Bank NA, which sold 55 homes totaling $4.2 million. Those two companies were followed by HUD ($3 million) and Wells Fargo ($1.9 million).