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VOL. 122 | NO. 239 | Monday, December 17, 2007

Numbers Confirm That '07 Construction Went From High-Octane to Running on Fumes

As president of one of Memphis' largest homebuilders and a 35-year industry veteran, Jerry Gillis of FaxonGillis Homes had no trouble summing up construction activity during the past year: "It started out with a bang and ended with a whimper." Indeed it did.

RMK Funds Have Legal Wheels Rolling

At the four law firms across the U.S. where attorneys are jointly investigating the recent management and performance of several Regions Morgan Keegan mutual funds, the phones ring just about every day.

Errands 4 You Finds the Day's Missing Hours

Pick up prescriptions from pharmacy.

Judicial Evaluations Get Jaws Flapping and Tails Swishing in Legal Circles

A week after their release, the latest batch of judicial evaluations from Memphis Bar Association members remains a touchy subject in the legal community.

Two Primary Contests Set, Two to Go

Two of the four Shelby County primaries on the Feb. 5 ballot were decided at last week's filing deadline for candidates in the races for Property Assessor and General Sessions Court Clerk.

Local Weather
Currently
Memphis, TN
52.0°F
Light Rain Fog/Mist
Wind: North at 5.8 mph
Humidity: 100%

EVENTS

The Memphis Bar Foundation's Annual Benjamin L. Hooks Luncheon will be held today from 11:30 a.m. to 1 p.m. in the Grand Ballroom of The Peabody Hotel, 149 Union Ave. Supreme Court Justice Antonin Scalia will be the featured speaker and will receive the Benjamin L. Hooks Award. R.S.V.P. to Anne Fritz at 527-3573 or afritz@memphisbar.org.

more events »

Fitch Predicts Housing Slump to Extend Through '08, Could Worsen

NEW YORK (AP) - The housing slump is likely to continue through 2008 and could deepen if credit conditions don't improve and mortgage rates increase, according to a Fitch Ratings report released late last week.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 253 2,588
MORTGAGES 68 266 3,160
FORECLOSURE NOTICES 21 45 522
BUILDING PERMITS 184 622 5,625
BANKRUPTCIES 44 193 1,972
BUSINESS LICENSES 19 91 987
UTILITY CONNECTIONS 28 96 1,108
MARRIAGE LICENSES 15 52 395

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