Suburban Slump -- Bartlett, Cordova and Suburbs Not Immune to Bite of Foreclosure Bug

Summary

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With its stacked-stone facade, Jenn-Air appliances, granite countertops, six bedrooms and 3 1/2 baths, the house itself is spectacular.

In the Stoneridge subdivision in Collierville, the custom-built home has everything from a sunroom to a secret door that leads from the study to the master bedroom.

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Extract

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Suburban Slump -- Bartlett, Cordova and Suburbs Not Immune to Bite of Foreclosure Bug

"Look how elegant this house is," said listing agent Myles Leifer as he stood on the upstairs landing overlooking the two-story marble- floored entry. "I've seen houses like this in the Vesta Home Show."

The house is listed for $569,900, reduced from $609,900 in the hopes of a swift sal...

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