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VOL. 124 | NO. 72 | Tuesday, April 14, 2009

Q1 Mortgage Numbers So Predictable

With home sales continuing their dramatic decline, it stands to reason that mortgage activity would mirror the sales slump and register its own set of disappointing numbers.

Ford Won't Run For Governor In 2010

Former Memphis Congressman Harold Ford Jr. announced Monday he will not be a candidate in the 2010 Democratic primary for governor.

No Commission Vote On City's Pyramid Health Dept. Offer

Members of the Shelby County Board of Commissioners considered and, at least for now, rejected a vote on a proposal by the Herenton administration to buy the county’s share of The Pyramid and partially fund the local health department in the fiscal year that begins July 1.

Realtor Launches Reappraisal Site to Help Commercial Clients

Last month, Eric Fuhrman of Crye-Leike Commercial experienced his own version of March Madness. During the first week of the month, Fuhrman’s commercial real estate clients began calling him about their property reappraisals, which were arriving in the mail.

Quebecor to Slash Up to 111 Jobs

Canada-based Quebecor World Inc. has notified state officials that the commercial printing company is closing its Memphis facility and as many as 111 workers will lose their jobs. The facility is at 828 E. Holmes Road.

Local Weather
Currently
Memphis, TN
32.0°F
Fair
Wind: Calm mph
Humidity: 85%

EVENTS

The Memphis Rotary Club will meet today at noon at the University Club of Memphis, 1346 Central Ave. Dr. Benjamin L. Hooks will speak. Lunch is $18 per person and reservations are required. For reservations, e-mail Taylor Hughes at taylor@memphisrotary.org.

more events »

After Gridlock, Blockbuster Suit Flares Anew

Nothing probably seemed out of the ordinary to Blockbuster Inc. customers who visited the chain’s Memphis-area stores in the past few days looking for one of the week’s new releases, such as “Doubt” or “Yes Man.”

Uninsured Haven’t Shown Collective Power

WASHINGTON (AP) – If the uninsured were a political lobbying group, they’d have more members than AARP. The National Mall couldn’t hold them if they decided to march on Washington.

Former Cordova Applebee’s To Be Converted to IHOP

1106 N. Germantown Parkway, Cordova, TN 38016, Sale Amount: $1.3 Million -
The former Applebee’s restaurant at 1106 N. Germantown Parkway in Cordova has sold for $1.3 million in a special warranty deed to an entity called Hotcakes Cordova Venture LLC, which will redevelop the building into an International House of Pancakes.

MATA Offers Free Trolley Rides This Week

People can ride the trolley system for free from Wednesday to Sunday as the Memphis Area Transit Authority celebrates the 16th anniversary of bringing the vintage street cars to Memphis.

Bills to Tighten Voting Requirements in Tennessee

NASHVILLE, Tenn. (AP) - Proposals to implement stricter voting requirements in Tennessee are scheduled to be heard by the Senate.

Defense: Evidence in Obama Plot Illegally Seized

JACKSON, Tenn. (AP) - A West Tennessee man accused of plotting to kill President Barack Obama says he was wrongly arrested and his residence was illegally searched.

Many Graduate Degrees Duplicated, Too Few Students

CHATTANOOGA, Tenn. (AP) - Higher education officials are looking for places to cut because of restricted budgets and one place they are considering is duplicate graduate programs that aren't graduating enough students.

American Airlines Unveils Newest Jet in Fleet

FORT WORTH, Texas (AP) - American Airlines will add the first of 76 new Boeing jets to its fleet this week in a move that the carrier hopes will cut fuel and maintenance costs.

Gas Prices Climb 10 Cents Over Past 3 Weeks

CAMARILLO, Calif. (AP) - The U.S. price of gasoline increased nearly 10 cents a gallon during the past three weeks, but remains well below year-ago prices.

AP Poll: Taxpayers More Frugal with Refunds

WASHINGTON (AP) - Most people say they plan to use this year's tax refund to pay bills, deciding in this sour economy to be more frugal with their annual windfall.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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