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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
72.0°F
Thunderstorm Rain
Wind: South at 15.0 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 78 78 13,921
MORTGAGES 93 93 16,098
FORECLOSURE NOTICES 0 0 2,202
BUILDING PERMITS 242 242 28,995
BANKRUPTCIES 59 59 8,985
BUSINESS LICENSES 29 29 4,730
UTILITY CONNECTIONS 37 37 5,570
MARRIAGE LICENSES 37 37 3,019

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