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VOL. 125 | NO. 113 | Friday, June 11, 2010

Commission Poised for Property Tax Battle

The battered real estate market and its relationship to last year’s countywide reappraisal of property played a big – and not widely understood role – in the setting of 2010’s local property tax rates.

Building a Brand

National company goes local

Chris Bradley is working on a problem that a lot companies have: name recognition.

Charter Group Adopts Annexation Terms

Must Reconcile Transition Differences

The Metro Charter Commission has settled how to handle annexation reserve areas for Shelby County’s six suburban towns and cities.

Biz School Dean: Memphis Is A Real Estate City

Rajiv Grover said his message to the Memphis Metropolitan chapter of CCIM at Tuesday’s monthly luncheon won’t reveal anything real estate professionals don’t already know about their business.

Herenton: Voters Need to Send 'Just One' African-American to Congress

As he gears up for the Aug. 5 Democratic congressional primary, former Memphis Mayor Willie Herenton came out swinging this week, guaranteeing a victory because “no other African-American got in this race.”

Local Weather
Currently
Memphis, TN
76.0°F
Mostly Cloudy
Wind: South at 17.3 mph
Humidity: 64%

EVENTS

Friends of the Library will hold a two-day book sale Friday and Saturday from 10 a.m. to 5 p.m. at the Benjamin L. Hooks Central Library, 3030 Poplar Ave. More than 15,000 books and materials will be on sale. For more information, call 415-2700.

more events »

MED Task Force Wraps up Meetings

The MED Task Force, a special committee led by interim Shelby County Mayor Joe Ford, wrapped up its work Thursday with the issuance of a final report.

Stokes Finds Success In Commercial Real Estate

Commercial real estate is generally considered a man’s world, but CB Richard Ellis’ Leah Fyfe Stokes is undaunted.

One Of A Kind

Really unique is really not. Memphis is.

Le Bonheur’s Big Celebration Set for Tuesday

The new Le Bonheur Children’s Hospital will be open for public tours Tuesday following a parade and grand opening celebration for the $340 million medical center.

Hurd Hopes History Repeats Itself

Although Rhynette Northcross Hurd has been judge in Division 8 of Circuit Court since March, Gov. Phil Bredesen, who appointed her to the vacancy, officially swore her in this week.

REGIONAL

TVA to Clean up Permanent Housing on Campsites

NASHVILLE, Tenn. (AP) — The Tennessee Valley Authority will start cleaning up public campsites where people have set up permanent housing and other structures.

Huckabee Backs Boozman in Arkansas Senate Race

LITTLE ROCK, Ark. (AP) — Former Gov. Mike Huckabee is backing Republican John Boozman's bid to unseat Democratic Sen. Blanche Lincoln this fall.

Miss. Foreclosure Notices Dropping

JACKSON, Miss. (AP) — The number of Mississippi residents facing the potential loss of their homes is dropping.

NATIONAL BUSINESS

Jobless Claims, Exports Fall in Sluggish Recovery

WASHINGTON (AP) — The picture of a steady but still sluggish recovery emerged from reports Thursday that showed fewer people are claiming unemployment aid while U.S. exports are slowing.

Feds: BP Agrees to Expedite Oil Spill Payments

GRAND ISLE, La. (AP) — BP said Thursday it plans to increase the amount of oil captured from a ruptured well in the Gulf of Mexico by early next week as the Obama administration announced that the oil giant agreed to speed up payments to people whose livelihoods have been washed away by the spill.

US Puts in New 'Circuit Breaker' Rules

WASHINGTON (AP) — Federal regulators on Thursday put in place new rules aimed at preventing a repeat of last month's harrowing "flash crash" in the stock market.

Americans' Wealth Rises for 4th Straight Quarter

WASHINGTON (AP) — Americans saw their wealth increase at the start of this year as the economic recovery boosted stock portfolios.

Jobless Benefit Rolls Drop Sharply; New Claims Dip

WASHINGTON (AP) — The tally of laid-off workers continuing to claim jobless benefits fell by the largest amount in almost a year, suggesting that more unemployed workers may be finding work.

REAL ESTATE

Lawmakers Consider Home Tax Credit Extension

WASHINGTON (AP) — Homebuyers may get an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 145 2,480
MORTGAGES 65 148 3,042
FORECLOSURE NOTICES 12 20 497
BUILDING PERMITS 213 310 5,313
BANKRUPTCIES 43 87 1,866
BUSINESS LICENSES 14 40 936
UTILITY CONNECTIONS 23 52 1,064
MARRIAGE LICENSES 8 21 364

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