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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
76.0°F
Mostly Cloudy
Wind: Calm mph
Humidity: 88%

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 52 374 8,123
MORTGAGES 52 433 9,632
FORECLOSURE NOTICES 22 103 1,461
BUILDING PERMITS 218 906 17,513
BANKRUPTCIES 45 252 5,658
BUSINESS LICENSES 0 143 3,091
UTILITY CONNECTIONS 24 152 3,402
MARRIAGE LICENSES 38 158 1,846

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