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VOL. 127 | NO. 222 | Tuesday, November 13, 2012

October Home Sales Rise 36 Percent

The Shelby County housing market continues to improve with 1,407 home sales recorded in October, up 36 percent from the 1,034 sales tallied in October 2011.

Aging With Grace

Big plans move forward as Overton Park turns 111

Overton Park’s combination party and fundraiser this past weekend celebrated a milestone birthday for the park.

City Could Reconsider Sales Tax Hike

Just days after voters in Memphis and unincorporated Shelby County voted down the idea of a half-cent countywide sales tax hike, there was renewed talk at Memphis City Hall about a citywide sales tax hike.

Attorneys Revive Correspondence Requests in Schools Case

When attorneys for the Shelby County Commission made their final arguments on municipal school districts before Memphis federal court Judge Samuel “Hardy” Mays in September and October, they focused on the intent of legislators.

REAL ESTATE RECAP

Willow Oaks Apartments Sell for $1.5 Million

2429 Ketchum Road Memphis, TN 38114

LOCAL COLUMNISTS

Four Easy Volunteer Opportunities

Last week we revisited one of the original thoughts that kicked off this “Giving Back” column more than two years ago with the power of hosting a “beneficial watch party.” This week let us share four volunteer opportunities, which are easy ways to give back and get engaged in our community.

Consequences of the Medicare Contribution Tax

Be prepared to pay an extra tax starting in 2013 on your net investment income if you are in the higher income tax brackets. You should be working with your tax and investment advisers over the next few months if this tax applies to you. Many taxpayers are waiting until closer to the end of the year to begin tax planning. With the Affordable Care Act already in place, the likelihood of this legislation being overturned by year end is small. So, you should start planning now.

MEMPHIS AREA

FedEx Adds Canada to Morning Delivery Option

FedEx Freight said Monday it has expanded its 10:30 a.m. delivery option to include Canada.

STATE GOVERNMENT

Poll Shows Haslam Enjoying Bipartisan Support

NASHVILLE (AP) – A recent poll shows Republican Gov. Bill Haslam has strong bipartisan support among Tennessee voters.

REGIONAL

Mississippi Leaders Cautious in Setting Revenue Estimate

JACKSON, Miss. (AP) – Mississippi Gov. Phil Bryant and top lawmakers say they've set a conservative estimate of how much money the state can spend.

Forum: Prepare for Mississippi River Changes

BATON ROUGE, La. (AP) – Speakers at a coastal conference say the mouth of the Mississippi River is moving north, and authorities need to prepare for it.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 69 311 15,028
MORTGAGES 83 338 19,668
FORECLOSURE NOTICES 15 58 3,853
BUILDING PERMITS 0 512 35,842
BANKRUPTCIES 65 247 14,281
BUSINESS LICENSES 16 120 5,111
UTILITY CONNECTIONS 70 316 21,749
MARRIAGE LICENSES 18 93 4,650

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