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VOL. 128 | NO. 220 | Monday, November 11, 2013

Mortgage Market Up 12 Percent in October

As the year is drawing to a close and the weather is cooling down, the local mortgage market keeps heating up. Continuing a trend that’s held somewhat steady, the market for mortgages in Shelby County continues to improve over the past year.

Campus Revival

University of Tennessee Health Science Center outlines master plan

The University of Tennessee Health Science Center hosted a public information session on the development of its new campus plan last week at the Student-Alumni Center Dining Hall on its Midtown campus at 800 Madison Ave.

Commercial Real Estate Market Reawakens

After suffering through a prolonged slump, the Memphis commercial real estate market this year began to shake off the rust that gathered during the “Great Recession,” and brighter days could be ahead for the prime markets in the apartment, retail, office and industrial sectors, according to local experts.

Suburban School Boards Set, Other Issues Remain

Voters in Shelby County’s six suburban towns and cities completed the process Thursday, Nov. 7, of establishing the basics of their municipal school districts, with elections for their respective school boards.

Test Progress Bolsters Haslam’s Education Reform Aspirations

Tennessee Gov. Bill Haslam picked up more statistics last week for his arsenal in the political battle over education reform in Tennessee.

Local Weather
Today
Memphis, TN
71°F
Partly Cloudy
Wind: 5 mph
Humidity: 81%

EVENTS

The Memphis chapter International Association of Administrative Professionals will meet Monday, Nov. 11, at 6 p.m. at the Memphis Marriott East, 5795 Poplar Ave. Cost is $22. RSCP to sharon.gardner@asentinel.com or 752-6213.

more events »

New Parking Meters Ready for Debut

After years of talking about new parking meters and more aggressive enforcement of the Downtown and Medical Center on-street parking governed by the meters, city leaders thought it best to bring out the new meters as proof that the change is actually about to happen.

SMALL BUSINESS SPOTLIGHT

Edwards Finds Green Niche That Makes a Difference

When Madeleine Edwards considered returning to the workforce in 2008 following time as a stay-at-home mom, she said she wanted to do “something that I felt like made a difference.” She was looking for a “green job.”

LOCAL COLUMNISTS

Finance Lesson From Poker

By now many hackles may have been raised in opposition to the statement in my last article that 30-year loans are a tool of indentured servitude. Those working in the financial realm may question my qualifications to make such a divisive statement.

Parts or Whole?

What do you call a single cell in a huge body acting counter to the general flow of a body? A rebel cell.

STATEWIDE

Tennessee Quarterly Revenues $97 Million Below Projections

NASHVILLE (AP) – Tennessee's general fund revenues fell $97 million short of projections in the first quarter of the state's budget year.

REGIONAL

Automotive Supplier Adds 180 Jobs in Northeast Mississippi

MANTACHIE, Miss. (AP) – Automotive supplier Toyota Boshoku is adding 180 jobs at its manufacturing plant in northeast Mississippi.

NATIONAL BUSINESS

US Businesses Boost Hiring Despite the Shutdown

WASHINGTON (AP) – The U.S. economy may be sturdier than many had assumed.

US Consumer Spending Slows

WASHINGTON (AP) – U.S. consumers slowed their spending in September, even as overall income grew at solid pace for the second straight month.

HEALTH CARE

Few Options for Obama to Fix Cancellations Problem

WASHINGTON (AP) – President Barack Obama says he'll do everything he can to help people coping with health insurance cancellations, but legally and practically his options appear limited.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 182 13,079
MORTGAGES 135 267 17,025
FORECLOSURE NOTICES 0 21 3,322
BUILDING PERMITS 0 0 30,564
BANKRUPTCIES 67 133 12,476
BUSINESS LICENSES 23 43 4,532
UTILITY CONNECTIONS 182 328 19,221
MARRIAGE LICENSES 0 35 3,944

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