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Editorial Results (free)

1. Unemployment Could Stay High as US Economy Slows -

WASHINGTON (AP) – High unemployment isn't going away – not as long as the economy grows as slowly as it did in the April-June quarter.

Weak consumer spending held growth to an annual rate of just 1.5 percent, even less than the 2 percent rate in the first quarter. And few expect the economy to accelerate in the second half of the year as Europe's financial woes and a U.S. budget crisis restrain businesses and consumers.

2. MAAR Presents 2010 Realtor Awards -

The Memphis Area Association of Realtors has named Mary Sharp of Crye-Leike Inc. Realtors as its Realtor of the Year.

3. Open House Push To Close Out Tax Credit -

The countdown is on for the homebuyers tax credit.

With the April 30 deadline in exactly five weeks – or 25 business days – the real estate industry is kicking into high gear in hopes of drumming up sales.

4. A subtle improvement -

From declining sales to falling prices, the housing industry has been hammered recently, and nowhere is that more evident than in Memphis Area Association of Realtors membership numbers.

MAAR, the local trade organization for real estate professionals, has seen its membership dwindle steadily since its high point in August 2007, when it boasted 5,406 members. The latest numbers show membership at just 3,797, a 29.8 percent decline from its pinnacle two and a half years ago and the lowest point since 3,943 in February 2004, the last time it sat below 4,000.

5. Home Sales Outpace Nov. ’08 Performance -

For the first time all year, Shelby County’s home sales outpaced the same month of 2008, perhaps signaling an end – or at least the beginning of the end – to the local housing slump.

November notched 1,154 sales, a 17 percent improvement from 983 sales in November 2008, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

6. Housing Market Takes Shallow Dip in Q2 -

Regina Hubbard is one of the local Realtors who saw the challenge of a down market as an opportunity. Instead of hunkering down or following business-as-usual practices, Hubbard reacted to the housing slump with renewed vigor.

7. Q3 Home Sales Drop 22 Percent -

The real estate market hasn’t plunged as dramatically as the stock market has, but much like the Dow Jones industrial average, housing has seen better days.

The downward spiral continued in the third quarter of 2008 as residential sales declined 22.3 percent in Shelby County compared to the same quarter a year ago, according to the latest numbers from real estate information company Chandler Reports, www.chandlerreports.com.

8. 2007's Top RealtorsHonored by MAAR -      The Memphis Area Association of Realtors recently handed out awards at its annual gala, including one to John Linthicum of Crye-Leike Inc., who was named 2007 Realtor of the Year. Randy Jefferson of The Hobson Co. Realto

9. Despite Q1 Sales Decline, Realtors Optimistic About Rest of '07 -

Home sales are down in Shelby County, but most area real estate practitioners aren't concerned. They remain bullish on the Memphis housing market, which is coming off an all-time sales record set in 2006.

10. Phillips to Become President of Optometry School -

Dr. Richard W. Phillips has been named president-elect of Southern College of Optometry in Memphis. Phillips is a 1978 graduate of the college and the former regional executive director for Tennessee operations for TLC - Laser Eye Centers. He will be only the sixth person to hold the office in the college's 75-year history. Phillips will assume the presidency May 17. He is replacing William E. Cochran, who is retiring.

11. Morman Named Branch Director at MATCU -

Cheryl Morman has been named branch director of Memphis Area Teachers' Credit Union's (MATCU) Central branch. She previously was deposit services manager at Marriott Employees' Federal Credit Union in Bethesda, Md.

12. Archived Article: Newsmakers - St

St. Jude Researcher Named to Royal Society

Dr. Tom Curran, chair of the department of Developmental Neurobiology and the co-leader of the Neurobiology and Brain Tumor program at St. Jude Childrens Research Hospital, was elected to the Fello...