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VOL. 122 | NO. 187 | Wednesday, October 3, 2007

Local Property Sales, Mortgages Down, But Dollar Amounts Up

The housing market slowdown is causing mixed results in Shelby County, according to preliminary year-to-date sales and mortgage numbers compiled by The Daily News.

China Manufacturers Alliance Sets Up in Memphis

Memphis is often lauded for being a cultural and commercial crossroads.

Peterson Named Director of Purchasing at UTHSC

Kenneth M. Peterson has been appointed director of purchasing for the University of Tennessee Health Science Center. Previously, Peterson was a career employee of the U.S. government, and formerly served as director of the National Acquisition Center for the Customs and Border Patrol Protection Service in the Department of Homeland Security.

Local Weather
Currently
Memphis, TN
82.0°F
Partly Cloudy
Wind: South at 4.6 mph
Humidity: 79%

EVENTS

The Alliance for Nonprofit Excellence will host its "Conducting Successful Market Research and Focus Groups" workshop today from 9 a.m. to noon at The Assisi Foundation of Memphis Inc., 515 Erin Drive. The event is $65 for Alliance members, $55 for participants in the Alliance's Program for Nonprofit Excellence and $99 for nonmembers. For additional information, contact April DeBerry at 684-6605 or adeberry@npexcellence.org.

more events »

U.S. House Debates Linking Insurance Rates to Credit History

WASHINGTON (AP) - The practice of insurers basing auto insurance premiums on a customer's credit rating was questioned at a House hearing Tuesday, with critics asking whether it disproportionately hurts young people and minorities.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 80 401 13,843
MORTGAGES 99 439 16,005
FORECLOSURE NOTICES 19 63 2,202
BUILDING PERMITS 233 998 28,755
BANKRUPTCIES 49 276 8,926
BUSINESS LICENSES 23 136 4,701
UTILITY CONNECTIONS 23 141 5,534
MARRIAGE LICENSES 15 88 2,982

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The Memphis News: Business, politics, and the public interest.