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VOL. 127 | NO. 203 | Wednesday, October 17, 2012

Building Permits Remain Steady in September

By Andy Meek

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Shelby County homebuilders in September filed 78 permits averaging 3,374 square feet and $263,645, according to real estate information company Chandler Reports, www.chandlerreports.com.

The total was only a slight improvement from the 76 permits builders filed in September 2011; that month’s permits averaged 2,922 square feet and $205,342.

September’s total also surpassed August, which saw builders file 59 permits averaging 3,350 square feet and $255,814.

Regency Homebuilders LLC filed the most permits of any other builder in September, with 19 averaging 2,910 square feet and $220,949. Charles Morgan of Vintage Homes LLC and Grant Homes filed the second highest, both with six permits.

The highest performing subdivision last month was Wolf River Ranch in Collierville’s 38017, with eight permits averaging 4,043 square feet and $374,286.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 0 22 3,817
BUILDING PERMITS 0 359 35,689
BANKRUPTCIES 57 178 14,212
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 0 59 4,616

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