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VOL. 123 | NO. 9 | Monday, January 14, 2008

Residential Sales Drop In '07

A new year gives everyone the chance to forget past failures and begin anew. When Jan. 1 rolls around, people vow to lose weight or stop smoking, change their jobs or change their lives.

Keep Pensions Away From Iran, Some Legislators Say

Shortly before the Tennessee General Assembly reconvened in Nashville last week, two local state lawmakers introduced a bill with a faraway target in mind: Iran.

Divine Rags Brings Sophisticated Dress, Hope for Culture Change to Downtown

Dr. Divine Mafa said he wants to be known for his desire to help revitalize Downtown Memphis, as seen through Divine Rags, an upscale women's boutique at 300 S. Main St. where he recently held a soft grand opening.

Bank of America To Buy Countrywide

CHARLOTTE, N.C. (AP) - Bank of America said Friday it will buy Countrywide Financial for $4.1 billion in stock, a deal that rescues the country's biggest mortgage lender and expands the financial services empire of the nation's largest consumer bank.

Bredesen Looks To Coming Year

Tennessee Gov. Phil Bredesen expects to present a "sensible budget that focuses on the basics" to the Tennessee Legislature later this month.

Local Weather
Currently
Memphis, TN
52.0°F
Partly Cloudy
Wind: South at 8.1 mph
Humidity: 47%

EVENTS

The InMotion Musculoskeletal Institute today will present its Musculoskeletal Lecture with Dr. Stuart Goodman with social hour beginning at 5 p.m. and the lecture beginning at 6 p.m. at the FedEx Institute of Technology, 365 Innovation Drive. For reservations, contact Gretchan Mishler at 271-0000 or gmishler@inmotionmemphis.org.

more events »

Q4 Home Sales Decline 25%

Following the trend that plagued Shelby County throughout 2007, the fourth quarter suffered a 25.8 percent decline in residential home sales, signaling an ignominious - yet appropriate - end to a tumultuous year.

Save Libertyland!, Ericson Reach Deal for Zippin Pippin

The group that may or may not own the Zippin Pippin has reached an agreement with one of the companies that wants to develop attractions in and around The Pyramid.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 331 19,904
MORTGAGES 0 391 23,305
FORECLOSURE NOTICES 0 83 8,387
BUILDING PERMITS 0 338 40,366
BANKRUPTCIES 1 232 13,336
BUSINESS LICENSES 0 76 6,213
UTILITY CONNECTIONS 0 125 13,120
MARRIAGE LICENSES 0 94 4,936

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