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VOL. 122 | NO. 128 | Wednesday, July 11, 2007

Down But Not Out

Despite sharp decline in permits, builders insist local housing market remains steady

When reached by cell phone while traveling in Florida last week, Jerry Gillis was asked to comment on the sharp decline in Shelby County residential building permits during second quarter 2007.

'Memphis Delivers' Touts Web Site, Newspaper Ads

In an effort to attract the attention of some outside corporations and bigwigs, the Memphis Regional Chamber has launched a Web site to showcase all Memphis has to offer any business considering a move to the city.

Hampton Hotels Names Smith Senior Director of Product Service

Kurt Smith has been named senior director of product service and development at Hampton Hotels. Previously, Smith served Hampton as director of global brand integration. Prior to that position, he was the director of hotel performance support.

Local Weather
Currently
Memphis, TN
46.0°F
Fair
Wind: West at 4.6 mph
Humidity: 56%

EVENTS

The Hospitality Sales and Marketing Association International Mid-South meeting will be held today at 11:30 a.m. at the Holiday Inn-University of Memphis, 3700 Central Ave. Rick Zurburg will present "Tips and Tricks for Handling, Storing and Working with E-Mail." Cost is $20 for members and $35 for nonmembers. Call 508-0527 or e-mail HSMAIMemphis@comcast.net to RSVP.

more events »

Gov. Vetoes Letting Regulated Industries Select Board Nominees

NASHVILLE (AP) - Gov. Phil Bredesen has vetoed a bill that would have allowed regulated industries a big voice in filling vacancies on the state Board for Licensing Contractors.

Memphis Judges Overturn Earlier Spying Decision Brought by ACLU

Two well-known members of Memphis' legal community were part of the three-judge federal appeals court panel whose ruling late last week appeared to give the Bush administration an important victory in its fight to keep a controversial domestic spying program.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 490 20,766
MORTGAGES 131 556 24,361
FORECLOSURE NOTICES 6 61 8,610
BUILDING PERMITS 294 1,204 42,337
BANKRUPTCIES 63 348 13,902
BUSINESS LICENSES 18 97 6,401
UTILITY CONNECTIONS 41 216 13,511
MARRIAGE LICENSES 14 78 5,069

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