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Editorial Results (free)

1. Council Reopens Seismic Standards Debate -

Memphis City Council members repealed new seismic provisions for homes in the city-county Unified Development Code Tuesday, Oct. 7, about a year after approving them.

The action by the council included passage on the first of three readings of new seismic provisions that would take effect in 2015 if approved by the council and through a companion ordinance by the Shelby County Commission.

2. Few Support Delaying Changes in Flood Insurance -

WASHINGTON (AP) – Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill.

The leaders of the House Financial Services Committee say they are standing behind last year's bipartisan legislation to put the flood insurance program on sounder financial footing even as the implementation of the law has sparked a chorus of complaints from constituents fearing spikes in premiums and plummeting home values.

3. Latest Federal Internet Gambling Bill Proposes Tax -

LAS VEGAS (AP) – If Congress makes no progress on a national framework for online gambling this session, it won't be for a lack of legislation.

Two lawmakers introduced bills over the summer that would legalize some form of Internet gambling nationwide. Last week, Rep. Jim McDermott, a Democrat from Washington, introduced a bill that would tax federally-sanctioned online wagering.

4. Council Gives Conditional OK to Southbrook Funding -

Memphis City Council members approved Tuesday, Oct. 1, $1.5 million in capital funding for renovations to Southbrook Mall in Whitehaven that are contingent on a legal opinion from the city attorney’s office on whether the use of the bond money amounts to a private use that is prohibited by the federal tax code.

5. City Council Gives Conditional Approval to Southbrook Mall Funding -

Memphis City Council members approved Tuesday, Oct. 1, $1.5 million in capital funding for renovations to Southbrook Mall in Whitehaven that are contingent on a legal opinion from the city attorney’s office on whether the use of the bond money amounts to a private use that is prohibited by the federal tax code.

6. Council Delays Sanitation Changes -

Memphis City Council members put off a final vote Tuesday, Oct. 1, on raising the city’s monthly solid waste fee until December citing an upcoming fix to the city’s pension fund liability crisis.

7. Building Blitz -

Some of the city’s prominent homebuilders huddled up at McDonald’s on Winchester and Tchulahoma roads around 4:30 a.m. on Monday, June 4, trying to decide what the weather had in store for the first morning of the Habitat for Humanity of Greater Memphis/Memphis Area Home Builders Association Home Builders Blitz.

8. Habitat for Humanity Preps for Home Builders Blitz -

Habitat for Humanity of Greater Memphis, the Memphis Area Home Builders Association and Emmy Award-winning television personality Steve Thomas will join forces Monday, June 4, to kickoff Habitat for Humanity International’s Home Builders Blitz 2012.

9. Plantation Setting for Fundraiser -

The glory of the past and the art of the present collide along the Mississippi River as West Memphis-based DeltaARTS unveils a first-time event.

“Art on the Levee at Waverly Plantation” will showcase one of the few remaining Antebellum homes on the Mississippi River levee in Eastern Arkansas, on Saturday, April 28.

10. Hedgepeth’s Work Intersects With Council Role -

A Memphian born and raised, Reid Hedgepeth takes great pride in his city’s institutions, whether they be the tangible of medicine and education, or the more intangible of sports and politics.

11. Land Use Board Considers More Racquet Club Space -

The Memphis-Shelby County Land Use Control Board will meet Thursday, Feb. 9, to review an application to add space at the 11.94-acre The Racquet Club of Memphis at Sanderlin and White Station roads.

12. Seminar Addresses Housing’s ‘New Reality’ -

As real estate professionals gather this week to take a look at the latest numbers and trends, they’ll also get a preview of the road ahead from some of the city’s top residential specialists.

13. After Protest, Congress Puts Off Movie Piracy Bill -

WASHINGTON (AP) – Caving to a massive campaign by Internet services and their millions of users, Congress indefinitely postponed legislation Friday to stop online piracy of movies and music costing U.S. companies billions of dollars every year. Critics said the bills would result in censorship and stifle Internet innovation.

14. Obama Admin Approves 2 Solar Loans Worth $1B -

WASHINGTON (AP) – The Energy Department on Wednesday approved two loan guarantees worth more than $1 billion for solar energy projects in Nevada and Arizona, two days before the expiration date of a program that has become a rallying cry for Republican critics of the Obama administration's green energy program.

15. Debt-Limit Votes: Senate Momentum, House Concerns -

WASHINGTON (AP) – The House began debate Monday on the hard-bargained plan to avert a national financial default, even as the White House and congressional leaders struggled to round up enough votes to approve it. Supporters said momentum for the deficit-reduction compromise was on their side, but resistance from both liberals and conservatives made the outcome unclear.

16. Debt Talks and Little Else on Washington's Agenda -

WASHINGTON (AP) – The debt showdown isn't just the dominant issue in Washington this summer – it's virtually the only one getting any attention in the nation's capital.

From the White House to Congress, the negotiations over raising the U.S. debt limit have overshadowed or halted work on everything from job creation to the military conflict in Libya to education reform. And the debt debate has hamstrung President Barack Obama's ability to hit the road to campaign and raise money for his re-election bid.

17. Ongoing Foreclosure Crisis Far From Over -

The foreclosure crisis will get worse before it gets better – with 1 million homes foreclosed in 2010 and even more projected for default in 2011.

That was the message a room full of real estate professionals received this week when real estate information company Chandler Reports hosted its quarterly seminar on Shelby County Market trends, “Master Your Market: Year-in-Review.”

18. FHA Program Encourages Home Improvement -

While many real estate agents advise homebuyers to address a home’s problems before closing on it, the Federal Housing Administration has a different approach.

As an alternative to conventional financing, the FHA offers a chance for buyers to obtain only one mortgage loan, at a long-term fixed or adjustable rate, to acquire and rehab the property.

19. Bernanke Defends Bond-Purchase Plan, Warns China -

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke hit back at critics, both at home and abroad, who have challenged the central bank's $600 billion bond-purchase program.

In a speech in Germany, he argued that Congress must help support the Fed's program with further stimulus aid. And he issued a stern warning to China, saying it and other emerging nations are putting the global economy at risk by keeping their currencies artificially low.

20. White House Doubts Need to Halt All Foreclosures -

WASHINGTON (AP) – A top White House adviser questioned the need Sunday for a blanket stoppage of all home foreclosures, even as pressure grows on the Obama administration to do something about mounting evidence that banks have used inaccurate documents to evict homeowners.

21. BofA Halts Foreclosures in 50 States -

WASHINGTON (AP) – A mushrooming crisis over potential flaws in foreclosure documents is threatening to throw the real estate industry into chaos, as Bank of America on Friday became the first bank to stop taking back tens of thousands of foreclosed homes in all 50 states.

22. US Senate Combines Jobless Benefits, Homebuyer Credit -

WASHINGTON (AP) – Senate Democrats are working on a new way to jump-start their stalled election-year jobs agenda while saving unemployment benefits for hundreds of thousands of laid-off workers.

23. City Mulls Hiking Sanitation Fees -

Although there is no city property tax hike tied to the city budget the Memphis City Council will vote on next week, a $4.50 increase in the city solid waste fee is on the table as the council prepares for the new fiscal year July 1.

24. Senate Approves Tax Breaks for New Hires -

WASHINGTON (AP) - Senate Democrats Wednesday delivered the first of several promised election-year jobs bills, passing a measure blending tax breaks for companies that hire unemployed workers with highway funding eagerly sought by the states.

25. Two Builders Buy 50 Arlington Lots -

Harry Todtman wasn’t taking any chances. When the opportunity arose to buy 25 of the 50 lots in phase two of the Arlington subdivision Windsor Place, Todtman jumped at it – even if that meant sitting on the lots until the market improves.

26. Byrnes to Take MAHBA Reins -

Tommy Byrnes of Byrnes Ostner Investments Inc. will serve as 2010 president of the Memphis Area Home Builders Association, the group’s executive director, Don Glays, said this week.

27. Scrap Metal Rules Spit-Shined -

Once Memphis City Council members thought they had solved the problem of scrap metal looting, they faced another problem – ending a legal stalemate with scrap metal dealers who sued the city of Memphis two years ago over the ordinance.

28. Foreclosure Crisis Hits All Sectors Of Community -

Not even the rich and famous are immune to foreclosure, as evidenced by a handful of mortgage defaults by high-profile figures during the past year.

Six months after Isaac Hayes’ death, his Cordova home at 9280 Riveredge Drive was foreclosed and sold back to Regions Bank for $712,000, half of what the soul singer paid for the property in 2002.

29. Lorenzen Wright’s Home Sold Back to Bank -

The Eads home of former University of Memphis and Grizzlies basketball player Lorenzen Wright has been sold back to the bank following a foreclosure.

BankTennessee on Friday bought the custom-built, 12,475-square-foot house, near Raleigh-LaGrange and Reid Hooker roads, for $1.3 million on the Shelby County Courthouse steps.

30. Senate Moves Toward Easing Mortgage Terms -

WASHINGTON (AP) - Trying to curb home foreclosures, the Senate voted on Wednesday to make it easier for homeowners with risky credit to switch to a lower-cost mortgage backed by the government.

31. Life After City Hall: The story behind Herenton’s Washington surprise -

You would think that Mayor Willie Herenton’s “resignation” last spring as he thought about trying out for Memphis City Schools superintendent would be difficult to top.

32. Avent Joins Smith Seckman Reid -

Justin Avent has joined Smith Seckman Reid Inc. as a civil engineer for its environmental group.

33. Council Again Rejects Lee Legal Fees -

The Memphis City Council this evening affirmed its vote in Oct. to reject paying the legal fees of former Memphis Light Gas & Water Division president Joseph Lee.

The bill for Lee’s legal defense in a grand jury probe that led to his indictment as well as a hearing before the council came to $426,422. The corruption charges were later dropped by federal prosecutors.

The 7-6 vote came at the end of a day in which MLGW president Jerry Collins told council members talks between the utility and Lee’s attorney, Robert Spence, failed to reach any terms for a lesser amount.

Council members voting against the proposed settlement were: Bill Boyd, Kemp Conrad, Shea Flinn, Reid Hedgepeth, Myron Lowery, Bill Morrison and Jim Strickland. Those voting for it were: Joe Brown, Harold Collins, Edmund Ford Jr., Janis Fullilove, Wanda Halbert and Barbara Swearengen Ware.

Spence told The Daily News an announcement on a decision by Lee about pursuing the legal fees in a lawsuit against the city could be made as early as Tuesday.

The council has also given final approval this evening to an ordinance regulating the location of financial services, payday loan and title loan businesses.

The council vote was unanimous on third and final reading. Third and final vote before the Shelby County Commission is scheduled for Dec. 8.

The council passed an amended version that emerged as a compromise during today’s council session.

The ordinance bans the businesses from being with 1,000 feet of each other. The compromise worked out by council member Bill Morrison, with agreement from the payday loan industry, deals with a 90 day grace period for existing businesses to apply for a waiver.

Council member Barbara Swearengen Ware argued the location of the businesses isn’t the problem. It’s the high interest rates the companies charge – up to 264 percent annually.

“We need to deal with the root of the problem,” she said. “And if we could regulate how much (of an) interest rate is charged or how much the fees are, then we would be doing a service to the community,” Ware said. “I know we mean well here, but it’s supply and demand that is driving these businesses.”

But usery rates are regulated by the state and not the city council.

Morrison said the businesses cluster in his district which covers Frayser and Raleigh. Frayser is among the areas of the city hardest hit by home foreclosures.

Council member Harold Collins, whose district includes Hickory Hill – also hit hard by home foreclosures – said there is a connection. He counted at least 20 pay day lenders along one stretch of Winchester.

“Maybe they’re not contributing to the fact that many of the people in my district are losing their homes. But they are sure out there,” he said. “There needs to be some kind of line drawn that will keep the people in Hickory Hill from losing their homes.”

Steve Lockwood, head of the Frayser Community Development Corporation, said the close proximity of the lenders allows people in desperate financial straits to get around a limit of two loans totaling $500 from a particular lender by simply going to the payday lender next door.

He termed the location limits “an opening shot across the bow.” He said his organization’s financial counselors see a connection between the lenders and foreclosures.

“I think that the neighborhoods that are really going to benefit from this are in Cordova,” Lockwood said. “If you want Cordova to look like Winchester or Frayser, don’t pass this.”

In other action, a Fairgrounds development agreement is tentatively set to have the first of three Memphis City Council votes in two weeks.

The city picked Fair Ground LLC to develop a master plan for the property that includes the Mid-South Coliseum, The Liberty Bowl and The Children’s Museum of Memphis. What is still being worked out is a contract with the terms for drawing up that master plan.

There are still several formidable obstacles to putting a development agreement in writing.

Shelby County government owns some of the Fairgrounds land including some of the land under The Liberty Bowl.

City Housing & Community Development director Robert Lipscomb told City Council members he will again pursue an agreement in which the county would sell its share in The Fairgrounds as well as The Pyramid.

The Shelby County Commission rejected such a sell-off by the county during consideration of a development agreement for The Pyramid involving Bass Pro Shops.

The commission eventually approved the development agreement after the agreement won approval from the city council.

Without a sell-off, the Fairgrounds development agreement appears on its way to the same dual track debate and voting process.

Lipscomb also told The Daily News there are conflicting legal opinions on the amount of public infrastructure financing the city would have to put up to leverage private investment.

He said the amounts vary from $75 million to $200 million. The city is seeking legal opinions on the public amount required under terms of Tourism Development Zone (TDZ) financing. If the amount is $200 million or close to it, Lipscomb said it makes the Fairgrounds renovation much harder to accomplish.

Henry Turley, one of several developer partners in Fair Ground LLC, said he considers the city’s contribution to be $75 million. Turley was instrumental in drafting the state legislation that allowed for the Tourism Development Zones.

The TDZs allow for financing of bonds through sales tax revenue generated in the designated area or zone.

Turley wants to include a big box retail store on the site and possibly a hotel according to tentative plans that are fluid on the location of those and other parts of an overall plan. The sales tax revenue from the store would go to pay off the TDZ bonds. No local government general fund revenue would be used.

...

34. Bush Signs Jobless Benefits Extension -

WASHINGTON (AP) - With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.

35. Enterprise Rent-A-Car Building 10,000-Square-Foot Facility -

2424 Appling Road
Memphis, TN 38133
Permit Amount: $2.3 Million

Project Cost: TBA
Permit Date: Applied November 2008
Completion: Summer 2009
Owner: Enterprise Rent-A-Car
Tenant: Enterprise Rent-A-Car
Contractor: Chris Woods Construction Co. Inc.
Architect: Renaissance Group

36. Second Phase Slated For Arlington Development -

Forrest Road LLC, the developer of Windsor Place subdivision in Arlington, has filed a $3.4 million loan through BankPlus to develop a second phase there. Windsor Place is south of Forrest Street just inside the Shelby-Fayette border, and its Phase I contains 50 lots on 37.3 acres.

37. Bush Says Government Role Essential to Ease Crisis -

WASHINGTON (AP) - President Bush on Friday asked Congress to approve extensive federal intervention in financial markets that he said is both warranted and essential to halt the worst financial crisis in decades. "We must act now," he said.

38. Different Times Call for Changes In Mortgage Biz -

Officially, two weeks remain before seller-assisted down payment programs disappear, though lenders already have stopped submitting them to the Federal Housing Administration because the paperwork on those programs takes so long they can no longer meet the Oct. 1 deadline.

39. Office Building to Rise In Forest Hill-Irene Subdivision -

Lot on Centre Oak Way
Germantown, TN 38138
Loan Amount: $1.1 million

Loan Date: March 31, 2008

Borrower: Reed White Holdings LLC

40. Windsor Place TapsAnother Pair of Builders -      Two more builders have joined the mix at the Windsor Place subdivision in Arlington. Last week, Willow Oak Construction LLC bought seven lots for $455,000, and Rivercrest Construction Associates LLC bought five lots for

41. Hallmark Builders Inc.Joins Windsor Place Mix -      Hallmark Builders Inc. has bought 12 lots in Windsor Place subdivision in Arlington for $780,000. The sale closed March 31.
     Hallmark, based in Cordova, became the third builder after Rei

42. Baum Files Loans ForArlington's Windsor Place -      P. Baum & Co. has filed two construction loans totaling $1.7 million to build 13 homes in the new Windsor Place subdivision in Arlington. The loans, one for $1.1 million and one for $585,000, were filed Friday through Co

43. Q1 Mortgage Filings Plunge 30 Percent -

Non-commercial mortgages for the first three months of 2008 were down by nearly 30 percent compared to first quarter 2007, according to The Daily News Online, www.memphisdailynews.com.

The numbers and the latest Residential Lender Analysis by real estate information company Chandler Reports, www.chandlerreports.com, suggests money is becoming tighter but not cutting off circulation completely.

44. Rasberry Lobbies To Build On 'Underground' Lot -

To longtime Memphians, the lot on the northeast corner of McLean Boulevard and Cowden Avenue is known as the "underground house" because of its architecture. That's even though the strikingly modern house surrounded by mounds and bushes and shrubs has been just a memory for two years and counting.

45. Senate Housing Deal Smiles On Builders, Mortgage Cos. -

WASHINGTON (AP) - Homebuilders and the mortgage industry are emerging as big victors in a bipartisan agreement reached by Senate leaders on legislation designed to limit the housing crisis.

The $15 billion measure, announced Wednesday by Majority Leader Harry Reid, D-Nev., and GOP leader Mitch McConnell of Kentucky, contains a $6 billion emergency tax break that would let companies use losses from 2008 and 2009 to offset profits earned over the previous four years, instead of the usual two-year timeframe.

46. U.S. Senate Leaders Agree on Bill to Ease Housing Crisis -

WASHINGTON (AP) - Momentum built Wednesday for a bipartisan Senate bill designed to ease the slumping housing market and help millions of families threatened by foreclosure, though economists are skeptical that it will help much.

47. Lawmakers Clash on Mortgage Bill, Bankruptcy Changes -

WASHINGTON (AP) - Lawmakers clashed on how to deal with the home lending crisis last week, as Senate Republicans blocked a Democratic bid to let bankruptcy courts ease the burden on borrowers who can't make their mortgage payments.

48. Bush Urges Speedy Action on Economic Rescue Package: 'Crank This Sucker Up' -

WASHINGTON (AP) - It didn't take long for President Bush to find a symbol for his desire to prime the sagging economy.

At a factory in Frederick, Md., Bush eyed a huge, yellow standup lawnmower and declared: "Crank this sucker up."

49. Records Show Building Permits Down Overall -

Compared to the previous two years, building permit filings were down in the second quarter 2006, according to The Daily News Online, www.memphisdailynews.com.

During that period, 3,040 total building permits were filed with the Memphis-Shelby County Department of Construction Code Enforcement (DCCE). The permits include everything from storage sheds to large residential projects.

50. Reid Begins Work in New Bartlett Subdivision -

33 lots in
Country Creek subdivision
Sale Amount: $1.6 million

Sale Date: June 6, 2006

Buyer: Reid Homes Inc.

51. Lucrative Apartment Development Draws Residents' Ire -

A monotone voice asked if there was any opposition to the mixed-use planned development that had just been presented, then dozens of hands shot into the air.

A crowd of homeowners filed down to the center of the Memphis City Council Chambers, recited their names and addresses and took turns pleading with members of the city-county Land Use Control Board to nix the entire 176.2-acre project. They tried - unsuccessfully - to convince the board that some of what was being proposed would be a harbinger of crime and would crush surrounding property values.

52. Ivy at South End Sidesteps Condominium Craze -

While much of the Downtown real estate market has been concentrating its efforts on condominiums, one group is working on something different - single family homes.

Robert Durbin of Durbin Diversified Builders and his son-in-law, Reid Hedgepeth of Hedgepeth Construction, are building 17 upscale zero-lot homes at The Ivy at South End near the intersection of South Front and Georgia streets.

53. Archived Article -

0.67 acres near
Third Street
Cost: $11.1 million

Borrower: Senate Hotel Partners Memphis LP

Lender: Empowerment Reinvestment Fund IV LLC

54. Archived Article: Real Recap - 8635 Highway 64

Holiday Inn Express Sells for $2.2 Million

8635 U.S. Highway 64

Memphis, TN 38133

Cost: $2.2 million

Buyer: First Lotus LLC

Seller: Wilson Inn-4064 Inc.

Property: Holiday Inn Express at 8635 U.S. Highway 64 near ...

55. Archived Article: Real Recap - 1580-1588 Union Ave

West Clinic Plans Midtown Treatment Center

1580-1588 Union Ave.

Memphis, TN 38104

Cost: $2.9 million

Borrower: West Union Partners LLC

Lender: Commercial Bank and Trust Co.

Trustee: Reid D. Evensky

Propert...

56. Archived Article: Real Estate Recap - Porter Farms Brings New Homes, Condos to Collierville

Porter Farms Brings New Homes to Collierville

22.6 acres near

Bailey Station

Cost: $3 million

Borrower: Porter Farms Area 1 LLC

Lender: BancorpSouth Bank

Trustee: David J. Ha...

57. Archived Article: Real Recap - 3380 Fite Road

Midwest Zinc Refinances Millington Plant 3380 Fite Road

Millington, TN 38053

Cost: $62.2 million

Borrower: Midwest Zinc Corp.

Lender: JPMorgan Chase Bank

Trustee: Mike Champlin

Property: 15.51 acres at 3380 Fite R...

58. Archived Article: Mortgages (lead) - 2002 mortgage activity booms, could slow in 03

2002 mortgage activity booms, could slow in 03

By STACEY WIEDOWER

The Daily News

Sustained low interest rates continue to drive homebuyers and homeowners to mortgage lending offices around t...

59. Archived Article: Real Focus - Memphis Area Realtors Names New Team At Gala Memphis Realtors field new team for 2001 By MARY DANDO The Daily News The new millennium blew in with cold, wintry days, but the 2001 inaugural gala of the Memphis Area Association of Realtors was warm wi...

60. Archived Article - Housing starts continue Housing starts continue climb in 1999* Despite Y2K fears and a blip in interest rates, housing starts remained strong in 1999. A sampling of the most active builders in Shelby County show that 1,091 building permits for new h...

61. Archived Article: 3q Starts Graphic - Contractor name Third quarter housing starts A blip in interest rates has not affected housing starts for the third quarter of 1999 in a sampling of home builders, according to data compiled by the Daily News Online from building permits filed in th...

62. Archived Article: Graphic - Getting onboard Getting onboard A slight increase in interest rates has encouraged those waiting to buy a new home to jump on the bandwagon. More than 480 permits were issued in the second quarter for new home construction. Here's a look at the most...

63. Archived Article: Wesley Bott - Construction underway on Wesley Forest Construction underway on Wesley Forests first phase By LAURIE JOHNSON The Daily News Construction is underway on the first phase of Wesley Forest, an affordable housing development on Neely Road in the Westwood...

64. Archived Article: Real Focus - Whats in a price Whats in a price? Whether materials, labor or marketing, know what youre paying for when youre buying a new house By LAURIE JOHNSON The Daily News Ever wonder what goes into the price of a new home? Its really no great mystery, but ...

65. Archived Article: Real Briefs - Equity Inns Inc Equity Inns Inc. announced quarterly dividends of 31 cents per share of common stock and about 59 cents per share of preferred stock for the quarter ending June 30. The common stock dividend is payable on Aug. 2, and the preferred st...

66. Archived Article: Housing Graphic - Housing starts Housing starts Bowden Building Corp. has led the market in the number of home starts and the construction value in the first quarter of 1998 and 1999. Crossman Communities quadrupled the number of homes it started in 1999 over the sam...

67. Archived Article: Graphic - New home sales continued their upward trend in the third quarter compared to the same period in 1997 New home sales continued their upward trend in the third quarter compared to the same period in 1997. New home sales increased from 534 sales valued...

68. Archived Article: 3rd Qtr Homes 98 Lj - By LAURIE JOHNSON Housing starts rise in third quarter 98 By LAURIE JOHNSON The Daily News Housing starts were up in Shelby County in the third quarter compared to the same period a year ago primarily due to dry weather and low interest rates, accor...

69. Archived Article: 1st Qrt Home Starts Lj - By LAURIE JOHNSON Home starts increase during first quarter Low interest rates and a strong economy have fueled sales By LAURIE JOHNSON The Daily News Shelby County housing starts increased 51 percent during the first quarter of 1998, with 1,028 sin...

70. Archived Article: Berryhill Update Lj - By LAURIE JOHNSON Site work underway on Windchase Phase II By LAURIE JOHNSON The Daily News Site preparation is underway on the second phase of the Windchase at Berryhill subdivision of Berryhill Farms, an extensive residential development which has...

71. Archived Article: Real Fcs (buy V Build) Lj - By LAURIE JOHNSON Buying vs. building The widening gap between new and existing home prices may be encouraging more home buyers to consider previously owned properties By LAURIE JOHNSON The Daily News A young couple recently decided to build what th...

72. Archived Article: Housing Starts Chg - Rain keeps home starts Rain keeps home starts down for first quarter By CAMILLE H. GAMBLE The Daily News Housing starts in Shelby County were down more than 50 percent in the first quarter of this year compared to the same period in 1996, and home b...

73. Archived Article: Real Fcs (litter) Lj - lj 10/5 cates Picking up the trash Area home builders are encouraged to control construction site debris to avoid possible litter ordinance By LAURIE JOHNSON The Daily News As any builder, or anyone who has passed by a home building site can tell yo...

74. Archived Article: Back - Home sales peak in 96 Home sales peak in 96 Memphis area home sales recorded in the Multiple Listing Service reached an all-time high in 1996, according to a report last week from the Memphis Area Association of Realtors. Decembers total of 780 MLS-...

75. Archived Article: Home Starts Chg - By CAMILLE H Memphis housing starts down slightly for 1996 By CAMILLE H. GAMBLE The Daily News Housing starts were down slightly in Shelby County in 1996 with 3,292 building permits filed for single-family new construction, compared to 3,412 in 1995...

76. Archived Article: Election Chg - Builders say balanced election good for industry Builders say balanced election good for industry By CAMILLE H. GAMBLE The Daily News The continued balance between the Republican Congress and the Democratic White House following Tuesdayís ele...

77. Archived Article: 3rdqt Homes Chg - By CAMILLE H. GAMBLE Home starts fell in third quarter, expected to pick up By CAMILLE H. GAMBLE The Daily News New home starts during the third quarter were down almost 30 percent from the same period in 1995, according to the number of building pe...

78. Archived Article: Vesta Awards Lj - lj 10/5 cates Trinity Group wins top Vesta awards By LAURIE JOHNSON The Daily News When Memphis home building newcomers the Trinity Group decided to debut their talents at this years Vesta Home Show, little did they know just how big an impression t...

79. Archived Article: Berryhill Farms Lj - lj 10/5 cates Berryhill Farms continues to expand in Cordova By LAURIE JOHNSON The Daily News Site preparation is expected to begin within several weeks on the first phases of two new subdivisions in Berryhill Farms, an extensive development which h...

80. Archived Article: New Homes 2nd Qtr Lj - lj 10/5 cates Entry-level market still strong in 2nd quarter By LAURIE JOHNSON The Daily News Bowden Building Corp. maintained its position as the volume sales leader for new homes for the second quarter of 1996, with more than $15 million in proper...

81. Archived Article: Real Analys - 04-09 Real analys Home builders association launches sales and marketing council By Paul Ryan Special to The Daily News The Home Builders Association of Memphis has established a new Sales and Marketing Council dedicated to serving the needs of new ...

82. Archived Article: Builders - lj 10/5 cates More home buyers saying 'Menu, please' By LAURIE JOHNSON The Daily News A new trend in home building allows buyers to "customize" their homes without paying custom-home prices. Builders, after seeing an increase in their cust...

83. Archived Article: Real Review Lj - lj 10/5 cates Real Review Market Commentary. For the week ahead, two announcements could have an impact on the mortgage market, according to Albert Santi, branch manager of Signet Mortgage. His prediction: no significant changes in rates by the end ...