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Editorial Results (free)

1. Solid Foundation -

Local homebuilders filed 26 percent more permits in 2012 than 2011, the culmination of a dramatic change in the market that began last May.

Shelby County saw 884 permits filed in 2012, up from 700 in 2011, according to real estate information company Chandler Reports, www.chandlerreports.com. Overall, sales of new houses in 2012 were basically unchanged with 774 new home sales recorded for the year compared to 781 recorded in 2011.

2. New Home Permits Climb 29 Pct. -

New home construction was up 28.9 percent last month, and local industry professionals hope the trend continues into spring.

Shelby County homebuilders filed 49 permits in January compared to 38 the same month a year ago, according to real estate information company Chandler Reports, www.chandlerreports.com.

3. Building Momentum -

Local homebuilders were busy in August, filing more permits than the same month a year ago.

Shelby County homebuilders filed 73 permits last month, a 21.7 percent increase from 60 filed in August 2010 and a 19.7 percent increase from 61 filed in July, according to real estate information company Chandler Reports, www.chandlerreports.com.

4. New-Home Permits Improve 12 Percent -

Local homebuilder permits saw a healthy bump last month, and industry experts said the rest of year looks promising as well.

Shelby County homebuilders filed 61 permits in July, an 11.7 percent increase from 55 filed the same month a year ago and a 35.5 percent increase from 45 filed in June, according to the real estate information company Chandler Reports, www.chandlerreports.com.

5. March Permits Down Half From Last Year -

Shelby County builders filed 51 new home permits last month, a 51 percent decrease from 104 permits in March 2010 – a dip they attributed to the now-expired homebuyers tax credit.

“Us being down isn’t really a story, it was last year being up was the story because of the tax credit,” said Sean Carlson, principal with Regency Homebuilders LLC. “If the tax credit wasn’t there, there wouldn’t be those jumps in numbers.”

6. Q1 Permits Slip 29 Percent -

For the first time in recent history, homebuilder sales didn’t exceed starts in the first quarter, a sign that demand has caught up with supply.

But both numbers – sales and starts – decreased from the same period a year ago, halting the notion that housing recovery is imminent.

7. Building Blocks -

Shelby County builders filed 681 new home permits last year, a 13.8 percent increase from 587 permits in 2009 according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

8. Monthly Building Dips, But 2010 Numbers Up -

While the holidays typically slow down the pace of building new homes, November’s permits took a bigger hit than usual as the industry continues to work through the recession.

Shelby County homebuilders filed 38 permits last month, a 34.5 percent decrease from 58 permits the same month a year ago, according to real estate information company Chandler Reports, www.chandlerreports.com.

9. Adding Value -

Many of the Mid-South’s most successful homebuilders are weathering the slowdown in home sales across the region by getting creative to lower prices and attract potential buyers.

Sales have been down across the area, and with the traditionally slower winter sales months ahead savvy builders are looking to tweak their product to meet market demands.

10. Rebounding Activity -

Shelby County homebuilders last month reached triple digits with new home permits for the first time in nearly two years.

But instead of congratulating themselves for the increase in activity, companies are focused now on maintaining momentum and further pulling themselves out of the biggest homebuilding slump in recent memory.

11. Homebuilding Permits Up in Q1 -

New home permits in the first quarter rose for the fifth-straight period, further solidifying hopes of a full-scale housing recovery

Shelby County builders filed 175 permits in the first quarter, an 80.4 percent increase from 97 during the same period in 2009 and a 2.3 percent increase from 171 permits in the fourth quarter of last year, according to the latest figures from real estate information company Chandler Reports, www.chandlerreports.com.

12. Residential Building Sees Uptick in February -

No other industry has been clamoring for spring more than homebuilders.

The horrid weather to start the year has prevented some companies from starting every home they hoped to get into the ground, so the recent rise in mercury has also raised their spirits.

13. ’09 Building Permits Tell Scary Tale -

For anyone who thought the homebuilding numbers couldn’t get worse than they did in 2008, that year looks like a housing boom compared to 2009.

Shelby County builders filed just 529 new home permits last year, a 43.7 percent decline from 940 permits in 2008 and a staggering 80 percent decline from 2,643 permits in 2007, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

14. Homebuilders Work Toward Much Greener Mentality -

A Memphis company last week forged an important milestone for the sustainable building movement when the National Association of Home Builders certified the 500th home in the U.S. through the organization’s National Green Building Program.

15. More Building Permits Bode Well for Housing Market -

For the second straight quarter, homebuilders pulled more permits than the previous period, perhaps signaling the beginning of the end for the housing crisis.

Builders started 144 homes during Q3 (July through September), according to the latest data from Chandler Reports, www.chandlerreports.com. That marked a 47.3 percent drop from 273 starts in Q3 2008, but it also marked a slight improvement over 141 permits made during the second quarter of 2009.

16. Regency to Bring Homes To Two Area Subdivisions -

Arlington-based Regency Homebuilders LLC has bought lots and filed construction loans totaling close to $1 million for homes in the Stonebriar subdivision in Southeast Memphis and the Maple Grove subdivision in Arlington, adding to the company’s presence in those neighborhoods.