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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 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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