VOL. 125 | NO. 198 | Tuesday, October 12, 2010
If the quarterly period between July and September had been a normal one for the local housing market – or even one characterized by recovery – homebuyers should have been lining up to take advantage of plummeting mortgage rates.
Memphis-based Malco enhances patron experience
People who are going to a Malco movie theater this weekend to see Hillary Swank as a lawyer in “Conviction” or big budget stars like Bruce Willis fighting bad guys in “Red” may notice a few changes around them.
Shelby County Commissioners talked Monday about consolidation, education funding and minority business contracts during a session that also included a debate about building a new morgue.
The recent buzz from Pinnacle Airlines Corp.’s decision to move its airport-area headquarters to One Commerce Square is generating mostly positive feedback, but real estate agents say its too early to tell how the shift of 600-plus new employees to the area will affect the Downtown housing market.
A self-described “geek” event that’s already swept cities from Helsinki to New York to Sydney makes its Memphis debut at 7 Tuesday evening at Playhouse on the Square.
Memphis City Council members will consider restoring a tuition reimbursement program cut from the city budget this past July when it meets Tuesday.
Mid-South residents who want to learn about opportunities in the new age of agriculture can learn from national experts this week as Memphis hosts Biomass South 2010.
436 S. Front St., Memphis, TN 38103, Loan Amount: $2.1 million -
Greenbrier Partners LLC has filed a $2.1 million loan through Southern Bancorp Bank for construction at 436 S. Front St. Downtown. At the same time the loan was filed, Greenbrier signed a lease agreement with the Center City Revenue Finance Corp. that included a 10-year payment-in-lieu-of-taxes (PILOT) agreement.
While Memphis may be slower than other markets to come to the social media dance, there are already some shining stars – frontrunners in the race against competitors to establish leadership with this marketing channel.
The Memphis City Council will meet today at 3:30 p.m. in the Council chambers in City Hall, 125 N. Main St. Click on the meeting icon for a full agenda.
NEW YORK (AP) – Karl Case, the co-creator of a widely watched housing market index, was upbeat three weeks ago. Mulling the economy while at a meeting at a resort near the Berkshires, Case thought the makings of a recovery were finally falling into place.
WASHINGTON (AP) – A top White House adviser questioned the need Sunday for a blanket stoppage of all home foreclosures, even as pressure grows on the Obama administration to do something about mounting evidence that banks have used inaccurate documents to evict homeowners.
WASHINGTON (AP) – Top forecasters say the economy will grow this year and next at a slower pace than previously thought, weakened by governments and consumers spending less so they can pay down debt.
WASHINGTON (AP) – The jobs crisis has brought an unwelcome discovery for many unemployed Americans: Job openings in their old fields exist. Yet they no longer qualify for them.
WASHINGTON (AP) — As if voters don't have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits.