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Editorial Results (free)

1. Shelby County Mortgage Market Up 25 Percent in July -

As David May sees it, the Memphis-area real estate market is in the fortunate position of dealing with a bounty of positive surprises lately.

One example the West Tennessee area president for Regions Bank points to deals with home values. Four or five years ago, he explains, if Regions was in the midst of setting up a home equity loan or a refinance for a borrower and ordered an appraisal, the figure that came back was often a negative surprise.

2. Midtown Easy-Way Could Become Locally Sourced Market -

The Midtown Easy-Way location at 596 S. Cooper St., a retail fixture in Cooper-Young for decades, could see new ownership and new life as a market for locally sourced meat and produce.

3. Builders Start, Sell Fewer Memphis-Area Homes in May -

Hampered by a severe lot shortage, homebuilding activity in Memphis and Shelby County slowed considerably in May, with builders starting and selling fewer new homes than last year.

Builders filed 67 permits in May, down 17.3 percent from 81 permits filed in May 2014, according to real estate information company Chandler Reports. Builders sold 58 new homes in May, down 23.6 percent from 76 new homes sold last year.

4. Wunderlich’s Hogan Offers Latest Read on Economy -

A little more than a year ago, Wunderlich Securities Inc. chief market strategist Art Hogan stood before an audience of business leaders assembled by The Daily News – part of the paper’s regular seminar series – and offered his take on an economic recovery that looked different depending on where a person stood.

5. Dayco Wins Tax Break For Distribution Operations -

Michigan-based manufacturer Dayco Products Ltd. will consolidate its distribution operations in the Memphis area, but exactly where remains undecided.

“Due to the continued growth in demand for our products and increased product complexity over the past several years, we have committed to this significant capital investment in order to deliver increased value to our customers,” said Ed Rammel, president of the North American and Australian Aftermarket for Dayco, in a company statement.

6. Memphis Economic Indicator Taking Third-Quarter Responses -

Investors in some of Memphis’ largest publicly traded companies are likely to feel somewhat encouraged about the current state of the economy – at least, when looking at their portfolios.

7. Shelby County Mortgage Market Up 16 Percent in May -

Lending has ticked up at Memphis-area banks, mortgage rates are still low and the supply of new homes remains limited.

Those are some of the reasons lenders cite when explaining why mortgage lending in Memphis continues to hum along above last year’s totals. Last month continued that trend, new figures show, with mortgage volume countywide getting a 16 percent boost in May compared to May 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

8. Small Changes for Shelby County Housing Market -

For years Dick Leike has maintained that Memphis is not a boom or bust housing market. Instead of large increases or dips in sales numbers or prices, Leike said Memphis and Shelby County typically experience smaller swings.

9. Mortgage Market Up 9 Percent in April -

Triumph Bank found itself at the end of April with a second straight record-breaking month for its mortgage division, with Triumph Mortgage having funded more units and loan volume in the month than during any other in the bank’s history.

10. Shelby County Home Sales Surge In March -

Shelby County home sales activity surged in March when compared to last year, with the number of sales and the average sales price showing gains.

There were 1,293 homes sold in March, up 8.4 percent from 1,193 homes sold in March 2014, according to real estate information company Chandler Reports, www.chandlerreports.com. March home sales were up 32 percent from the 980 homes sold in February.

11. Chandler Reports Real Estate Seminar to be Held Thursday -

You still have time to register for an important event about major trends in the local real estate market, including residential and commercial sales, new housing, foreclosures and lending practices.

12. Master Your Market Seminar to Examine Real Estate Trends -

Real estate industry professionals will have the opportunity this week to learn more about major trends in the local real estate market, including residential and commercial sales, new housing, foreclosures and lending practices.

13. Daily News Names Managing Editor -

Jane A. Donahoe has joined The Daily News Publishing Co. as managing editor. In her new role, she oversees award-winning coverage of business and government news for both The Daily News and The Memphis News.

14. Mortgage Market Up 8 Percent in February -

Regions Bank saw a 14 percent gain in its mortgage volume year-over-year last month, a fact that Regions’ Memphis-area mortgage production manager Dean Puryear attributes to resurgent confidence in market conditions among consumers, as well as optimism in their own circumstances.

15. Home Sales Cool But Prices Heat Up -

Fueled by bank sales declines and the onset of chilly winter weather, home sales slid 6 percent in Shelby County in February when compared to 2014, but prices continued to heat up, according to real estate information company Chandler Reports, www.chandlerreports.com.

16. Women Say Barriers Overcome With Perseverance, Mentors -

Kim Grant Brown calls it the “crazy look” she sometimes gets when she meets a client who wants her to build him a home.

17. County Home Sales Dip in January -

Fewer homes were sold in Shelby County in January when compared to last year, but pricing remained strong.

There were 1,018 homes sold in Shelby County in January, down 7.5 percent from 1,100 sales in January 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

18. High Flyer -

She does not want to tell this first story, the one that could have meant there would be no more stories. There is fear in sharing the story about how two airplanes nearly collided because she never wants to say anything that might dissuade people from flying.

19. Real Estate Community Readies for Pinnacle Awards -

Planning is well underway for the Memphis Area Association of Realtors Commercial Council’s 14th annual Pinnacle Awards ceremony, an evening dedicated to bringing commercial real estate industry professionals together and honoring them for their accomplishments in the previous year.

20. Local Business Executives Upbeat as 2015 Gets Underway -

The latest Memphis Economic Indicator, a quarterly survey measuring general business sentiment, presented something of an upbeat trend in sentiment to kick off 2015.

The survey, which includes a set of six questions, asks participants to consider via a number scale, from positive to negative, how optimistic they are about the coming quarter.

21. Shelby County Foreclosures Dip 22 Percent in 2014 -

Foreclosures took an even sharper dive in 2014 than they did in 2013. Compared to a 15 percent slide from 2012 to 2013, over the past year residential foreclosures in the county slipped 22 percent, from 3,555 in 2013 to 2,787 in 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

22. Lot Shortage Leads to Fewer New Homes -

Shelby County homebuilding activity slowed in 2014 as builders filed fewer permits and sold fewer homes than in 2013.

Homebuilders filed 850 permits in 2014, down 8.6 percent from 930 permits filed in 2013 and down 7 percent from 914 permits filed in 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

23. Shelby County Mortgage Market Sees Improvement -

The mortgage market in Shelby County ended 2014 in a slighter better position than where it stood in 2013.

Banks and mortgage lenders made 8,471 purchase mortgages in Shelby County during 2014, up 2 percent from the 8,301 mortgages during 2013, according to the latest data from real estate information company Chandler Reports,www.chandlerreports.com.

24. Foreclosure Sales Drop 26 Percent in Shelby County -

Fueled by a steep drop in foreclosure sales, fewer homes were sold in Shelby County in 2014 when compared to 2013.

There were 15,702 homes sold in Shelby County in 2014, down 1.2 percent from 15,896 homes sold in 2013, when Shelby County hit a five-year high in sales, according to real estate information company Chandler Reports, www.chandlerreports.com.

25. This week in Memphis history: January 16-22 -

2005: Chandler Reports, the real estate data provider owned by The Daily News Publishing Co., launched its consumer website, providing real estate data to the public as well as companies.

26. Shelby County Homebuilding Activity Continues to Slow -

Homebuilding in Shelby County was off last year’s pace again in November, with builders pulling fewer permits and selling fewer homes than in November 2013.

Shelby County homebuilders filed 43 permits last month, down 29.5 percent from 61 permits in November 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. The 43 permits filed in November is down 31.7 percent from the 63 permits filed in October.

27. November Mortgage Volume Drops 14 Percent -

Looking at results from last month might suggest mortgage industry professionals are in the midst of a yearend slowdown, with phones not ringing quite as much as a result of interested buyers at the moment.

28. Shelby County Home Sales Slow in November -

After an unusually strong October for home sales, activity in Shelby County cooled in November.

Memphis and Shelby County home sales were down 7.8 percent in November, with 1,034 sales recorded for the month, compared with 1,115 recorded in November 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

29. MassMutual Sponsors New JA BizTown Shop -

Junior Achievement of Memphis and the Mid-South Inc. has announced MassMutual Life Insurance Co. as its newest shop sponsor for JA BizTown.

30. MassMutual Sponsors New JA BizTown Shop -

Junior Achievement of Memphis and the Mid-South Inc. has announced MassMutual Life Insurance Co. as its newest shop sponsor for JA BizTown.

31. Commercial Sales Rise in Third Quarter -

Commercial sales were up in the third quarter when compared to the same period last year, according to real estate information company Chandler Reports, www.chandlerreports.com.

32. Shelby County Home Sales Rise 10 Percent in October -

Home sales activity in Memphis and Shelby County certainly wasn’t spooky in October, with sales up 10 percent compared to the same month a year ago.

Memphis and Shelby County recorded 1,479 homes sales, up 10 percent from 1,343 in October 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. The 1,479 homes sold in October is down 4 percent from 1,543 in September.

33. Shelby County Residential Foreclosures Drop 22 Percent -

Foreclosures have been on a consistent downward slope in Shelby County, with newly available figures underscoring the comprehensive nature of the decline.

During third quarter 2014, the county saw 667 residential foreclosures, a 22 percent decline from the 853 filed during the same period in 2013, according to real estate information company Chandler Reports, chandlerreports.com.

34. Silver Lining -

Fueled by a steep drop in bank sales, Shelby County home sales slowed slightly in the third quarter compared to the same three-month period in 2013.

There were a total of 486 bank sales in the quarter, as opposed to 752 in the same period last year, a decrease of 35 percent, according to real estate information company Chandler Reports, www.chandlerreports.com.

35. Home Sales Spike Surprises Realtors -

In welcome – if not slightly surprising – news for the local housing market, home sales jumped in September as housing values continued to rise, providing a measure of relief for a market that has endured slower-than-expected activity.

36. Shelby County Mortgage Market Down 19 Percent in August -

BankTennessee president and CEO Jim Rout sees new home sales and resales “fairly steady” at the moment.

But, in a common refrain among many local bankers looking at their recent numbers, the activity is not at the level that might be expected, considering still-historic low interest rates.

37. Shelby County Home Sales Down 28 Percent in August -

Shelby County home sales plummeted in August when compared to the same month last year. Realtors sold 1,235 homes in Shelby County in August, down a staggering 28 percent from 1,705 home sales in August 2013, according to real estate information company Chandler Reports, chandlerreports.com.

38. Home Market Still Facing Obstacles -

After suffering through a brutal slump in the wake of the worst economic downturn in decades, the local real estate industry has slowly merged onto the road to recovery, though a few speed bumps that could slow progress remain.

39. Master Your Market Seminar to Examine Housing Trends -

Real estate industry professionals will have the opportunity this week to learn more about major trends in the local real estate market, including residential and commercial sales, new housing, foreclosures and lending practices.

40. Uphill Climb -

Shelby County’s homebuilding industry is off to a slow start in 2014, with builders filing 16.6 percent fewer permits in the second quarter than in the same three-month period a year ago.

Builders filed 245 permits in Shelby County in the second quarter, compared with 294 permits in the second quarter of 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. Builders filed 191 permits in the first quarter.

41. Shelby County Mortgage Market Sees Modest Gain -

Shelby County mortgage lenders share a few common trends at the moment, as the area’s mortgage market begins to shake off the wintry chill of the first quarter.

Many of them report robust purchase mortgage activity, as refinances plummet to small fractions of their business. As a result of the demand, many of those lenders also have been adding mortgage officers to their ranks and plan to continue doing so.

42. Shelby County Home Sales Dip 1 Percent in Quarter -

Shelby County home sales slowed slightly in the second quarter compared to the same three-month period in 2013, but rising prices have real estate professionals hopeful for a strong end to the year.

43. Shelby County Home Sales Down, Prices Up in May -

Shelby County experienced a drop in home sales in May compared to the same month last year and also from April.

However, prices continued their upward surge last month as the supply of available homes continued to dwindle.

44. Mortgage Market Up 8 Percent in April -

Sam Goff, a senior loan originator at Independent Bank, announced in a post to his Facebook followers last month that mortgage rates were at one point about as low as they’d been in 2014 so far.

45. Imagination Library Celebrates 20 Million Books to Kids -

The Books From Birth program, originated in Tennessee, marked its 10th anniversary Monday, April 28, in Memphis with its 20 millionth book going to a 3-year-old girl.

Tamera Tynes received an oversized, hardback copy of “The Little Engine That Could,” which was almost as big as she was, from Tennessee Gov. Bill Haslam and first lady Crissy Haslam.

46. Winter Drags Down Q1 Building Permits -

Shelby County’s homebuilding industry, plagued by poor weather early in 2014, got off to a slow start in the first quarter, with builders filing 14.2 percent fewer permits than in the same three-month period a year ago.

47. Mortgage Market Sees Small First-Quarter Gains -

Shelby County’s mortgage market started off 2014 a bit tame, not as chilly as the weather but not exactly bursting with energy either.

Local banks and mortgage lenders made 1,617 purchase mortgages during the first quarter, flat compared with the 1,624 mortgages during first quarter 2013, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

48. Housing Market Stumbles in First Quarter -

Shelby County home sales slowed in the first quarter when compared to the same three-month period in 2013.

Shelby County recorded 3,270 home sales in the quarter that ended March 31, down 3 percent from the 3,383 homes sold in the first quarter of 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

49. Experts Highlight Health Care Game-Changers -

Both before the Affordable Care Act became law and after, consumers viewed health care costs differently than they do other costs.

So said Dr. Scott Morris during a panel discussion at The Daily News Publishing Co. Inc.’s Health Care Reform seminar Thursday, April 3, at the Memphis Brooks Museum of Art.

50. Market Mystery -

Over the last several years, investors ranging from mom-and-pop shops to large hedge funds have been acquiring single-family homes in Memphis at a historic pace.

But determining the long-term impact that investor purchases have made on neighborhoods remains elusive.

51. Caught in the Middle -

Even before the Affordable Care Act came along, Deborah Casey was living between a logistical rock and an economic hard place. Casey, a 61-year-old widow, draws a monthly Social Security check based on her husband’s earnings. She works part-time for Shelby County (no benefits), and to continue receiving the same amount in that Social Security check, she has to keep tabs on how much she makes. This is exactly how someone who wants to provide for herself winds up on a “fixed income.”

52. Seminar Explores Complicated Details of Health Care Law -

The Affordable Care Act, more commonly known as Obamacare, became law in 2010.

But the law has grown and changed so much since then that its pages number more than 25,000, and if you stack them one on top of another they are more than 10 feet high, says Tim Finnell, founder and president of Group Benefits LLC.

53. Shelby County Mortgages Jump 12 Percent in February -

The latest monthly totals for Shelby County’s mortgage market show homebuying improved somewhat last month, with total mortgage volume up 12 percent compared to February 2013, according to real estate information company Chandler Reports,www.chandlerreports.com.

54. 2014 Home Sales Off to Slow Start -

Shelby County home sales were up in February when compared to the same month last year but not enough to overcome January’s sluggish start, according to real estate information company Chandler Reports.

55. Real Estate Road Show Set for March 18 -

Shelby County Trustee David Lenoir has announced the next Shelby County Real Estate Road Show to promote Shelby County’s tax sale and Land Bank will be March 18.

56. Real Estate Road Show Set for March 18 -

Shelby County Trustee David Lenoir has announced the next Shelby County Real Estate Road Show to promote Shelby County’s tax sale and Land Bank will be March 18.

57. Women Progress, But Still Seek Change -

Amy Howell understands the assumptions. Co-author a book with the title “Women in High Gear” and it is easy, she says, to imagine a book that is “anti-male.”

58. Telling Her Own Story -

Long before she was running her own business and co-writing a book, “Women in High Gear,” Amy Howell was a little girl in overdrive.

59. Seminar to Focus on Importance of Women in Business -

When Amy Howell delivers the keynote address at the Women & Business Seminar Feb. 27 at the Memphis Brooks Museum of Art, she will, rather appropriately, be speaking about the art of appreciating what women can bring to any business setting.

60. Deadline Nears for Pinnacle Awards -

The deadline for the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards ceremony is fast approaching.

The deadline for Commercial Council members to enter the Pinnacle Awards, an event that brings commercial real estate industry professionals together and honors them for their accomplishments in the previous year, is Friday, Feb. 21, at 5 p.m. Winners will be honored at an April 3 ceremony at Memphis Botanic Garden.

61. 13th Annual Pinnacle Awards On the Horizon -

Planning is well underway for the Memphis Area Association of Realtors Commercial Council’s 13th annual Pinnacle Awards ceremony, an evening dedicated to bringing commercial real estate industry professionals together and honoring them for their accomplishments in the previous year.

62. New Home Permits See Slight Bump -

Despite bitterly cold temperatures that plagued the Memphis area last month, homebuilders pulled slightly more housing permits in January when compared to the same month last year.

Shelby County homebuilders filed 64 permits in January, up from 57 permits filed in January 2013 and 53 permits in December 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

63. Shelby County Mortgage Market Dips in January -

Shelby County’s mortgage market entered 2014 in less of a turbo-charged fashion than it did at the same point last year.

New figures show total mortgage volume in the county was down 5 percent in January compared to January 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. Data for this report did not include refinances.

64. January Home Sales Mirror Temperature -

Shelby County home sales plummeted with the temperatures in January, as sales declined 18 percent compared to January 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

65. Women & Business Seminar to Highlight Achievements -

Leslie Johnson will be one of the panelists at the Women & Business Seminar Feb. 27 at the Memphis Brooks Museum of Art, but she is not nearly as focused on what she might say during the panel discussion as she is what she might hear.

66. Business Leaders Optimistic About Local Economy -

As they have for a few quarters now, Memphis-area business leaders continue to acknowledge an incremental sense of optimism about specific aspects of their companies and the economy, according to the results of the third Memphis Economic Indicator.

67. Shelby County Foreclosures Fall 15 Percent in 2013 -

Foreclosures in Shelby County continued to head south in 2013, as they have for most of the past few years.

Over the past 12 months, residential foreclosures in the county fell 15 percent to 3,563 from the 4,189 in 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

68. Mortgage Market Grows 3 Percent in 2013 -

The mortgage market in Shelby County ended 2013 with a modest improvement over 2012, with signs pointing to more advances in 2014.

Banks and mortgage lenders made 8,298 purchase mortgages in Shelby County during 2013, a 3 percent improvement from the 8,027 mortgages during 2012, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

69. Shelby County Posts Most Home Sales in 5 Years -

Shelby County posted a five-year high in home sales and average sales prices in 2013, according to real estate information company Chandler Reports.

The uptick in sales activity and strong pricing increases point to a slow, steady rebound for the industry, which slogged through a five-year slump following the onset of the recession, real estate agents said.

70. Slow Job Growth Yields Dip in New-Home Permits -

Shelby County homebuilding activity continued to cool off in November, with builders filing fewer permits and selling fewer new homes compared to the same month a year ago.

Homebuilders pulled 58 permits in November, down 23.6 percent from 76 permits filed in November 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

71. Shelby County Home Sales Decline in November -

Shelby County home sales appear to be in seasonal slowdown mode, with agents selling fewer homes compared to the same month last year, according to real estate information company Chandler Reports.

72. Mortgage Market Up 10 Percent in November -

Borrowers are still rushing to lock in low rates, take advantage of a seemingly improving economy and get those keys to a new home in their hands.

That’s what the latest monthly mortgage numbers would suggest, as do the mortgage industry professionals who say borrowers kept the phones ringing at pretty much a steady clip in November compared to the previous month and helped November see a 10 percent uptick in the county’s mortgage volume.

73. Shelby County Homebuilding Slows in October -

Shelby County homebuilding activity cooled in October, with builders filing fewer permits and selling fewer new homes compared to October 2012.

Homebuilders pulled 54 permits in October, down 38.6 percent from 88 permits filed in October 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

74. Shelby County Foreclosures Drop 10 Percent in Quarter -

Regina Hubbard has clients regularly calling her asking about the availability of what she describes as “deal of a lifetime” foreclosure buys.

The clients who call with those homes in mind tend to want them in otherwise out-of-reach neighborhoods such as Collierville and Germantown.

75. Shelby County Mortgages Up 7 Percent in Third Quarter -

The gas tank of Shelby County’s mortgage market continues to be powered by the fuel of low interest rates and more of a willingness from lenders to make new loans.

Banks and mortgage lenders made 2,521 purchase mortgages in Shelby County during the third quarter, a 7 percent improvement from the 2,364 mortgages during the third quarter of 2012, according to the latest data from real estate information company Chandler Reports,www.chandlerreports.com.

76. September Home Sales Show Slight Increase -

Shelby County home sales cooled off in September, with a meager increase in homes sold compared to September 2012 and a decline from August.

There were 1,288 homes sold in Shelby County in September, up 1 percent from 1,273 homes sold in September 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

77. Shelby County Home Sales Climb 12 Percent in Quarter -

Shelby County’s housing market continued to show signs of improvement in the third quarter, posting double-digit increases in several key areas over the same period last year.

The county netted 4,686 home sales in the third quarter, a 12 percent increase from 4,176 in the third quarter of 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

78. Shelby County Building Permits ‘Stable’ in August -

Shelby County home building activity was relatively flat in August, with builders pulling slightly more permits while selling fewer new homes compared to August 2012.

Homebuilders pulled 72 permits in August, up 9 percent from 66 permits filed in August 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

79. Shelby County Home Sales Trending Upward -

Shelby County home sales continued to gain momentum in August, with all key indicators posting double-digit percentage increases over the same month last year.

The county netted 1,709 home sales in August, up 15 percent from 1,483 sales in August 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

80. Mortgage Market Rises 22 Percent in July -

The month of July may help buoy expectations among optimistic participants in the mortgage industry that a housing recovery is taking hold in Shelby County.

Mortgage volume for the month was up almost 22 percent in July, climbing to almost $173 million last month from $142.2 million in July 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

81. Building Permit Activity Cools in July -

Shelby County home building activity cooled in July, with builders pulling fewer permits and selling fewer new homes compared to July 2012.

Homebuilders pulled 77 permits in July, down 6.1 percent from 82 permits filed in July 2012, according to real estate information company Chandler Reports, www.chandlerreports.com. The average permit in July measured 2,958 square feet and $225,199 compared to 3,080 and $229,633 in July 2012.

82. Lot Shortage Challenge to Builders -

Memphis-area homebuilders are facing a host of issues – rising materials costs, increased labor costs and regulatory issues – that could act as a drag on the industry.

But the shrinking number of available lots might be the industry’s biggest challenge.

83. Real Estate Trends Focus of ‘Master Your Market’ -

Real estate industry professionals will have the opportunity this week to learn more about major trends in the local real estate market, including residential and commercial sales, new housing, foreclosures and lending practices.

84. Shelby County Foreclosures Drop 10.6 Percent in Second Quarter -

Through various mitigation efforts, the lending giant Wells Fargo has helped some 5,200 Memphis homeowners avoid foreclosure since 2009.

Those numbers come from Wells itself, which currently services the mortgages of about 45,000 families and individuals in the city. Despite progress the lender has made, though, a Wells spokesman said foreclosures remain a “persistent problem” in Memphis.

85. ‘Transition Period’ -

The number of permits pulled by homebuilders in the second quarter was flat with the same period last year. Shelby County homebuilders filed 269 permits during the second quarter of 2013, the exact same number they filed in the second quarter last year, according to real estate information company Chandler Reports, www.chandlerreports.com.

86. Shelby County Mortgages Show Nearly 4 Percent Gain -

The mortgage market is starting to get interesting, in a manner of speaking. Earlier this month, interest rates for mortgages rose in what was described as the largest one-day jump in at least 10 years, according to Mortgage News Daily. That in large part stemmed from the Federal Reserve, which has been snatching up $85 billion worth of mortgage-backed securities a month.

87. ‘Good News’ for Housing in Second Quarter -

Shelby County’s housing rebound continued in the second quarter, with key indicators showing improvement over the same period last year.

Shelby County netted 4,226 home sales in the second quarter, an 11 percent bump from 3,821 in the second quarter of 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.

88. Avoiding a Tailspin -

Memphis, Nashville feels your pain.

When Delta announced earlier this month it would no longer use Memphis International Airport as a hub – cutting 230 jobs in the process – it brought back bad memories for the Music City.

89. Five Years in the Life -

Delta Airlines and Northwest Airlines has just merged with more than 150 flights a day at Memphis International Airport shifting to the Delta brand. And Delta’s CEO, Richard Anderson, said Memphis would be an integral hub with more traffic.

90. Data Point to Improving Housing Market -

The average number of days a home in the Memphis area stayed on the market for the month of May dipped to a seven-year low for that month, providing more evidence of a housing market in recovery.

According to the Memphis Area Association of Realtors, the average market time for a home in May was 86 days, a 16.5 percent dip from 103 days in April and the lowest market time total for May since 2006.

91. Mortgage Activity Sees Small Increase -

Mortgage activity was a bit lackluster in Shelby County last month compared to the same time in 2012, judging by the latest data.

Looking forward, though, bankers say the demand is there, the busy season for lenders is well underway and that the purchase mortgage business is at times far outpacing demand for refinances.

92. June 14-20: This week in Memphis history -

2012: The project to build a pedestrian and bicycle boardwalk on the Harahan rail bridge across the Mississippi River won a $15 million grant from the U.S Department of Transportation. The key to winning the TIGER grant – Transportation Investment Generation Economic Recovery – from the Obama administration was to combine the boardwalk with a separate application for funding to upgrade Main Street from Uptown to the South Main district including the Main Street Mall.

93. Shelby County Building Permits Increase 5 Percent -

Editor's Note: The original story that ran in the June 13 issue of The Daily News contained inaccurate building permit data. The story has been corrected and appears below. The Daily News regrets the error.

94. Shelby County Home Sales Climb 15 Percent -

May home sales jumped 15 percent from the same month last year, while the average sales price increased 9 percent.

Shelby County netted 1,457 home sales in May, up from 1,381 sales last May, according to real estate information company Chandler Reports, www.chandlerreports.com.

95. Chandler Reports Launches Online Storefront -

A leading provider of real estate news has opened a new online storefront. Chandler Reports, which is owned by The Daily News Publishing Co., launched the store, store.chandlerreports.com, because of the high demand for detailed reports on local foreclosures, lending, and residential and commercial sales.

96. Mortgages Near $107 Million in April -

From where he sits, Renaissance Realty’s Jeff Jenkins is optimistic that 2013 will be a fruitful one for the local real estate industry.

97. Foreclosures Drop 17 Percent -

Regulators and major lenders are still on the hot seat over flawed and sometimes abusive foreclosures that were carried out in recent years.

On Main Street, the ebbs and flows of foreclosure patterns – things like the public notice of a sale and the actual foreclosure transaction – still haven’t returned to a predictable or natural rhythm.

98. Market Stability -

Home permit activity held stable for the first quarter of this year compared with the same period last year, and local builders expect to see continued gradual improvement through this year and into next.

99. Shelby County Mortgage Market Up 2 Percent -

Someone let out a cheer earlier this month at the Memphis Area Association of Realtors 2013 Residential Real Estate Summit as MAAR President Regina Hubbard gave her optimistic forecast for the local housing market.

100. Signs of Life -

Home sales activity picked up in the first quarter of this year across the Mid-South, and brokers believe the market recovery is gaining traction.

Shelby County home sales rose 6 percent during the first quarter, with 3,382 sales from January to March compared to 3,179 during the first quarter of 2012, according to real estate information company Chandler Reports, www.chandlerreports.com.