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Editorial Results (free)

1. Spec Building on Decline as Presale Market Gains Popularity -

There was a time in the not too distant past that expansive speculative home neighborhoods were going up left and right in Shelby County.

Residential developments with a handful of floor plans were being constructed to take advantage of a large pool of potential homebuyers.

2. Remodel Focus -

As new home starts have sunk to record lows across the Mid-South during the past few years, some local custom homebuilders have shifted focus toward remodeling and renovations projects to increase revenues.

3. Monthly Building Dips, But 2010 Numbers Up -

While the holidays typically slow down the pace of building new homes, November’s permits took a bigger hit than usual as the industry continues to work through the recession.

Shelby County homebuilders filed 38 permits last month, a 34.5 percent decrease from 58 permits the same month a year ago, according to real estate information company Chandler Reports, www.chandlerreports.com.

4. Builders Hoping for Market Turnaround -

Local homebuilders matched the number of new-home permits for the third quarter compared to last year, but the recent data indicates the market is facing a doubled-edged sword.

Homebuilders filed 151 permits in Shelby County during Q3 (July 1 to Sept. 30), just one permit shy from 152 permits the same quarter last year, according to real estate information company Chandler Reports, www.chandlerreports.com. New homes during Q3 averaged 3,010 square feet and $207,216 in value.

5. Homebuilding Shows Slight Improvement -

Memphis area homebuilders agree that business is looking up, but they also agree that a complete recovery will be slow in coming.

Local builders filed 725 permits between September 2009 and August 2010, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

6. Rebounding Activity -

Shelby County homebuilders last month reached triple digits with new home permits for the first time in nearly two years.

But instead of congratulating themselves for the increase in activity, companies are focused now on maintaining momentum and further pulling themselves out of the biggest homebuilding slump in recent memory.

7. Homebuilding Permits Up in Q1 -

New home permits in the first quarter rose for the fifth-straight period, further solidifying hopes of a full-scale housing recovery

Shelby County builders filed 175 permits in the first quarter, an 80.4 percent increase from 97 during the same period in 2009 and a 2.3 percent increase from 171 permits in the fourth quarter of last year, according to the latest figures from real estate information company Chandler Reports, www.chandlerreports.com.

8. Poor January Home Starts Blamed on Inclement Weather -

January’s foul weather wreaked havoc on homebuilders, as the barrage of snow, ice and cold temperatures severely limited the ability to start homes.

Shelby County builders filed just 36 new home permits last month, half of December’s 72, but a slight increase from the January 2009 total of 31, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

9. Time to Improvise -

The past couple of years have been brutal for homebuilders as demand for new houses plummeted and companies did what they could to cope.

2009 was especially bad for Shelby County builders, who filed just 529 new home permits all year, a 43.7 percent decline from 940 permits in 2008 and a staggering 80 percent decline from 2,643 permits in 2007, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

10. ’09 Building Permits Tell Scary Tale -

For anyone who thought the homebuilding numbers couldn’t get worse than they did in 2008, that year looks like a housing boom compared to 2009.

Shelby County builders filed just 529 new home permits last year, a 43.7 percent decline from 940 permits in 2008 and a staggering 80 percent decline from 2,643 permits in 2007, according to the latest data from real estate information company Chandler Reports, www.chandlerreports.com.

11. New MAHBA Leader Has Deep Roots In Local Industry -

Tommy Byrnes has been building homes longer than he’s been driving. From his preteen days to high school and even through college, Byrnes spent his summers working for the homebuilding business his father, Ronnie, ran with Max Ostner.

12. Byrnes to Take MAHBA Reins -

Tommy Byrnes of Byrnes Ostner Investments Inc. will serve as 2010 president of the Memphis Area Home Builders Association, the group’s executive director, Don Glays, said this week.

13. Builders Hand OutAwards at Gala -      The Memphis Area Home Builders Association (MAHBA) closed the year - and began looking toward 2008 - late last week at its inaugural gala and awards ceremony, held in the ballroom of the association's Cordova headquarter

14. Collins to ServeAs 2008 MAHBA President -      Doug Collins of Sovereign Homes LLC and Prudential Collins-Maury Realtors will serve as president of the Memphis Area Home Builders Association for 2008.
     He has been a member of the asso

15. Archived Article: Memos - Rhea & Ivy PLC has announced several additions to its professional staff: Rhea & Ivy PLC has announced several additions to its professional staff: Steven G. Fracchia has joined Rhea & Ivy PLC as senior in the audit department. He former...

16. Archived Article: Residential Top 5 Lj - lj 10/5 cates Residential top 5 By LAURIE JOHNSON The Daily News   1994 Builder Average Value Akers Brothers Construction Co. $383,750 Ken Garland Co. $366,000 McCauley Homebuilders $2...