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Editorial Results (free)

1. Last Word: Rebranding and Self Identity, The Many Legs of CTE and Draft Recap -

What’s in a name? Plenty when it comes to tourism. The Memphis Convention and Visitors Bureau is now Memphis Tourism – a name change that has been in the making for a while before last week’s unveiling at the CVB’s annual meeting where it flipped the switch on the new identity. There are a couple of key ingredients in the change – soul and home – according to Memphis Tourism president Kevin Kane.

2. Midtown Getting Denser, North Main Getting New Coffee Shop -

2542 Broad Ave.
Memphis, TN 38112

PILOT Length: 15 years

Project Cost: $51 million

3. One Beale, St. Jude, Sedgwick Projects Move Forward -

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29.

4. Seller’s Market -

With one quarter in the books, the Memphis-area housing market appears to be on pace for yet another record-breaking year. The average home sales price for the first three months of 2018 rose to $159,274, which is the highest first-quarter amount on record, according to real estate information company Chandler Reports, chandlerreports.com.

5. Without Toys R Us, 30,000 Jobs, A Black Hole for Toy Makers -

NEW YORK (AP) – The demise of Toys R Us will have a ripple effect on everything from toy makers to consumers to landlords.

The 70-year-old retailer is headed toward shuttering its U.S. operations, jeopardizing the jobs of some 30,000 employees while spelling the end for a chain known to generations of children and parents for its sprawling stores and Geoffrey the giraffe mascot.

6. Home Sweet Home -

Almost every facet of the Shelby County housing market showed improvement or promise in 2017, and the stellar year saw a new record high for average home sales price and a historic low number foreclosures.

7. The Week Ahead: February 26-March 4 -

Good morning, Memphis! There are plenty of business, government and sporting events to keep your interest this week, along with the annual farm and gin show. And Shakespeare could inspire some Shelby County students to have their works published in a literary magazine.

8. Last Word: Corker & Blackburn, More Frost and Dale Watson's Move to The Haven -

It's possible around City Hall these days to get your RFQs mixed up with your RFPs. And there is a difference in requests for qualifications and requests for proposals. Usually RFQs come before RFPs – but there are exceptions – loopholes. The latest RFQ out of City Hall – album title or t-shirt slogan? – is for the adaptive reuse of the Memphis Brooks Museum of Art.

9. Experts to Discuss Record Highs, Lows at Chandler Reports Seminar -

Topics ranging from record high average home sale prices to historic low foreclosure numbers will be explored at Chandler Reports’ annual Real Estate Review.

The 2017 year-in-review seminar will be held Thursday, March 1, from 3:30 p.m. to 5 p.m. in the Goldsmith Room at Memphis Botanic Garden, 750 Cherry Road, and will be moderated by Eric Barnes, publisher of The Daily News and The Memphis News.

10. Housing Prices Continue to Rise in 2018 -

After a hot 2017, the Memphis area housing market looks to carry over its success into 2018.

The average home sales price in January came in at $163,024, a 14 percent increase from January a year ago, according to real estate information company Chandler Reports, chandlerreports.com.

11. Shelby County Home Sales Volume, Average Price Soar -

Average home sale prices and overall sales volume showed healthy gains in 2017 over the previous year, signaling another good year for the housing market in Shelby County.

The average home sales price in 2017 was $165,644, a 5 percent increase from the previous year, according to real estate information company Chandler Reports, chandlerreports.com.

12. Frayser Bauhaus -

Memphis' best and most unique example of art deco-international style Bauhaus architecture has been hiding in plain sight in Frayser for nearly 70 years.

Tens of thousands of daily motorists drive past the white, multilevel building at 3590 Thomas St., on the northeast corner of Thomas and Floyd Avenue, where curved windows look out on the highway down the hill and large trees landscape the slope to the street.

13. Shelby County Housing Market Remains Strong -

As the year winds to a close, Shelby County home sales remained strong in November, continuing the nearly uniform rise in average sales price, volume and overall units that has been indicative of the local housing market in 2017.

14. As Temps Drop, Shelby County Home Sales Continue to Rise -

As the temperatures cool, the Memphis-area housing market typically does too, but September home sales figures in Shelby County continued to outperform those of previous years.

The average home sales price in September increased 8 percent to $171,929 compared to a year ago, according to real estate information company Chandler Reports, chandlerreports.com. Germantown East’s 38139 ZIP code recorded the highest average price for the month, at $445,117.

15. Should Your Resume Include A Photograph? -

Recently, I started receiving a question I haven’t heard much before: “Should I put my photo on my resume?”

It’s a great question! If you’ve wondered the same thing, you’re not alone. Resume templates are beginning to pop up on the internet with photos embedded. In all honesty, these templates are often beautifully designed. They look like a work of art. At first glance, they’re very enticing – and they make you question what you thought were the rules of the road with resumes. It makes you wonder if things have changed since the last time you looked.

16. Home Sales Up, Price Slips in July -

As the housing market begins to head into a slower time of year with school restarting, home sales still continue to outpace last year’s figures despite a slight dip in average sales price.

The number of units sold in Shelby County was up 14 percent in July, with 1,808 sales recorded compared with 1,584 last July, according to real estate information company Chandler Reports, chandlerreports.com.

17. Malco Pulls Additional Building Permit for Downtown Theater -

Malco Theatres’ Downtown movie theater continues to take shape, with the Memphis-based cinema chain seeking its second multimillion-dollar building permit for the project in recent months.


45 E. G.E. Patterson Ave.
Memphis, TN 38103
Permit Amount: $5 million

18. Malco Pulls Additional Building Permit for Downtown Theater -

45 E. G.E. Patterson Ave.

Memphis, TN 38103

Permit Amount: $5 million

Project Cost: $55 million

Application Date: July 2017

Owner: Henry Turley Co. and Community Capital

19. Bruster’s Ice Cream To Open on Highland Strip -

The Highland Strip will soon be home to a tasty new tenant.

Bruster’s Real Ice Cream plans to move into the 1,300-square-foot space at 571 Highland St., with construction set to begin soon and an expected opening date late this year, according to Loeb Properties Inc.

20. Ole Miss Buys Baptist Hospital in $22 Million Deal -

2301 S. Lamar Blvd.
Oxford, MS 38655

Sale Amount: $22 million

Sale Date: June 15, 2017

21. The Buying And Selling Of Memphis -

Even before he went to federal prison for 25 years on a racketeering conviction in 1995, Danny Owens had a real estate portfolio. The strip-club kingpin who defined the industry in Memphis across a 20-year period owned the old Memphian movie theater and made possible its 1986 sale to Playhouse on the Square by donating $160,000 toward its purchase.

22. Last Word: Council Day Issues, 'A Man Of Color' and East Memphis 'Novel' -

A busy day at City Hall Tuesday by the City Council agenda and by at least one completely unplanned moment during council budget committee sessions. It was so busy that at the start of Tuesday’s council session, chairman Berlin Boyd couldn’t find his gavel and technical glitches prompted him to ask for a can of WD-40. Throw in a visit to City Hall by civil rights leader Rev. Jesse Jackson and you have our comprehensive same night rundown of how it went and for whom it went.

23. Memphis-Area Home Sales Drop, Prices Rise in April -

The Memphis-area housing market was a mixed bag in April as the lack of inventory caused the number of home sales to drop for the first time in eight months but also kept average sales prices on the rise.

24. Condominium Inventory Runs Dry As Popularity Soars, Sales Improve -

2016 was a big year for Memphis’ condominium market. Sales were up 18 percent from 2015, driven primarily by brisk sales at the Artesian Metropolitan Residences, the luxury high-rise on Riverside Drive. Excited reports were made of a renaissance in Memphis condo sales. It seemed as if everyone wanted a condo, and wanted one fast.

25. Hickory Hill Home Depot Site Sells for $15 Million -

3469 Riverdale Road
Memphis, TN 38115 

Sale Amount: $15.7 million

Sale Date: March 3, 2017

Buyer: Spirit Realty Capital

26. Hickory Hill Home Depot Site Sells for $15 Million -

A Dallas, Texas-based real estate investment trust has purchased a large parcel of land where a Home Depot is located in Hickory Hill for $15.7 million.

Spirit Realty Capital, doing business as Spirit Master Funding X LLC, bought the property from Allied Development of Memphis, according to a March 3 warranty deed filed with the Shelby County Register of Deeds. Mehrdad Mottahedeh signed the deed on behalf of Allied Development.

27. Tapping Young Donors -

Amelia Thompson is everything a nonprofit is looking for now and in the future. A 30-year-old Memphian who graduated White Station High School, she has worked with a nonprofit in Washington, D.C. and been a buyer for Macy’s in New York.

28. Hickory Hill Home Depot Site Sells for $15 Million -

A Dallas, Texas-based real estate investment trust has purchased a large parcel of land where a Home Depot is located in Hickory Hill for $15.7 million.

Spirit Realty Capital, doing business as Spirit Master Funding X LLC, bought the property from Allied Development of Memphis, according to a March 3 warranty deed filed with the Shelby County Register of Deeds. Mehrdad Mottahedeh signed the deed on behalf of Allied Development.

29. Several Whitehaven Subdivisions Making a Comeback -

David Walker, founder of Vision to Reality LLC, has relaunched the development of several Whitehaven subdivisions, including Emerald Estates, Diamond Estates and Ruby Estates situated between Horn Lake and Weaver roads just south of West Holmes Road.

30. Three Industrial Properties Sell for $9.6 Million -

Malone Distribution Park 

Memphis, TN 38118

Sale Amount: $9.6 million

Sale Date: Sept. 8

31. Low Inventory Hits Home Sales, Pushes Prices Up -

For the second month in a row, Shelby County home sales dipped below 2015 volume.

There were 1,585 home sales recorded in July averaging $179,446, compared to 1,817 sales recorded last July averaging $159,050. The increase in sale prices wasn’t enough to exceed last year’s home sales revenue. July 2016 brought in $284 million in home sales revenue, which was down 2 percent compared to $289 million recorded last July, according to real estate information company Chandler Reports, chandlerreports.com.

32. Lenovo, Google Unveil Phone That Knows Surroundings -

SAN FRANCISCO (AP) – A Lenovo smartphone unveiled Thursday will be clever enough to grasp your physical surroundings – such as the room's size and the presence of other people – and potentially transform how we interact with e-commerce, education and gaming.

33. Your Phone May Soon Sense Everything Around You -

SAN FRANCISCO (AP) – Suppose your smartphone is clever enough to grasp your physical surroundings – the room's size, the location of doors and windows and the presence of other people. What could it do with that info?

34. Middle Tennessee construction can’t meet demand -

When it comes to residential real estate around Middle Tennessee, there are plenty of buyers but not nearly enough sellers, says Heather Benjamin with Reliant Realty’s Benjamin McConnell Group. And new construction just can’t keep up with the demand.

35. Shelby County Home Sales Up in March, Inventory Growing Slowly -

In March, Shelby County home sales rose 4 percent year-over-year with 1,347 recorded for the month compared to 1,295 in 2015.

“It looks like the number of sales are up dramatically,” said Thomas Murphree, principal of Birch Tree Realty Resources. “For the number of sales, that’s a healthy increase.”

36. Finances Will Be in Focus at City Council -

The list of financial surprises that Memphis Mayor Jim Strickland presented to Memphis City Council members two weeks ago tops council discussions Tuesday, March 15.

37. Last Word: Mudslide, The Deannexation Storm and Kilzer at Calvary -

Lots of news on a very rainy day including the flooding from the constant rain that closed some schools and cancelled a lot of other events. And then there was a mudslide on Riverside Drive from the bluff overlooking Tom Lee Park and the Mississippi River. The rain has also pushed the Wolf River to the point that it is now over some parts of the greenway in Germantown.

38. Retail Projects in Memphis Suburbs, Oxford Staple of Trezevant Realty Corp. -

Germantown-based Trezevant Realty Corp. has deep roots in the Mid-South commercial real estate market, and the uptick in the economy has more projects moving full-steam ahead.

39. The Week Ahead: Feb. 22, 2016 -

Good morning Memphis. The Monday holidays are gone for a while, we’re afraid, but you’ve got a whole week to finish that work instead of just four days. Here are a few items to look forward to this week, led by the annual announcement of performers who will descend on Memphis this May for the Beale Street Music Festival.

40. Shelby County Home Sales Slow in January -

After closing out 2015 on a high note, Shelby County home sales are off to a slow start this year.

The 971 home sales recorded in January marked a 28.9 percent drop from the 1,366 sales in December, according to real estate information company Chandler Reports.

41. Memphis Chamber Names ‘10 to Watch’ in 2016 -

The Greater Memphis Chamber has released its “10 to Watch” in 2016 list, recognizing companies and organizations that over the past year showed outstanding leadership, growth and commitment to success.

42. Memphis Chamber Names ‘10 to Watch’ in 2016 -

The Greater Memphis Chamber has released its “10 to Watch” in 2016 list, recognizing companies and organizations that over the past year showed outstanding leadership, growth and commitment to success.

43. Memphis, Shelby County Home Sales Rise in November -

Memphis is closing out 2015 on a high note, with 1,099 total home sales recorded for November.

Sales in Memphis and Shelby County are up 6 percent compared to November 2014, which saw 1,033 home sales, according to data provided by real estate information company Chandler Reports, chandlerreports.com.

44. St. Jude Files $10 Million Construction Permit -

650 St. Jude Place
Memphis, TN 38105

Permit Amount: $10 million

Application Date: Nov. 24, 2015

Owner: St. Jude Children’s Research Hospital

Tenant: St. Jude Children’s Research Hospital

45. LEDIC to Open New Headquarters in East Memphis -

LEDIC, a Memphis-based manager, owner and developer of multifamily properties around the country, is building a new $10.2 million state-of-the-art headquarters facility in Memphis.

The company will create 300 new Tennessee jobs in the process, LEDIC announced Wednesday, Nov. 11. About 100 of the new jobs will be based at the new national headquarters at 555 S. Perkins Rd. The remaining 200, which include management, construction, maintenance and leasing positions, will be distributed throughout the state.

46. Multifamily Investments Hold Steady in 2015 -

The numbers continue at a relatively steady pace, but signals are there that the multifamily market in Shelby County is on its way to pre-recession levels.

Year to date, there have been 105 multifamily sales in Shelby County, according to Chandler Reports, chandlerreports.com. That’s less than the 115 sales through Oct. 21, 2014, but well above the 87 sales over the same period in 2013.

47. Grizz May Be Able to Speed Up A Few Minutes at a Time -

It meant nothing – the final score, the individual stats … none of it mattered. And yet when the Grizzlies ran out for the first preseason game of the 2015-16 season, before a half-empty FedExForum on Tuesday Oct. 6, it felt good and it felt right.

48. Historic Clayborn Temple to be Restored -

Clayborn Temple, the home base for the sanitation worker strikes of 1968, is on its way to restoration after decades of neglect and four years on the market. Nonprofit Neighborhood Preservation Inc. is taking over what is expected to be a multimillion-dollar project to return the church to religious, educational and community uses.

49. Shelby County Home Sales Slip, Construction Sees Boost -

September real estate slumped in Shelby County, but according to real estate professionals, it’s nothing they haven’t seen before.

“Good times and bad, people still want to own homes,” said Felix Bishop, broker and vice president with Crye-Leike Real Estate Services.

50. Former Highwoods COO Retires, Then Promptly Starts New Career in Memphis -

Mike Harris’ idea of retirement doesn’t involve the golf course, free time or carefree travel.

51. Shelby County Housing Market Sees Steady Summer -

Home sales continued to strengthen in Memphis and Shelby County last month with a hefty $243 million in recorded sales – an increase of 25 percent from August 2014’s total revenue.

Home sales saw a 22 percent increase in August with 1,504 sales recorded in the county compared to 1,233 sales in August 2014, according to real estate information company Chandler Reports, chandlerreports.com.

52. Leco Realty Credits Success To Hands-On Approach -

Over the past 33 years, Bert Less has weathered many financial storms with his property management company Leco Realty Inc.

53. Memphis, Shelby County Home Sales Blaze On in July -

The summer is coming to a close on a high note with home sales figures up across the board.

Sales volume and prices are up for July, and the market continues its climb to pre-recession levels.

54. Warehouse At Perimeter Point Sells for $775,000 -

A Perimeter Point industrial building has been sold for $775,000.

Missouri-based Martabra Real Estate LLC acquired the flex warehouse building at 5055 Covington Way, just off Covington Pike south of Elmore Road, from CP Perimeter Point LLC, an affiliate of California-based Coastal Partners LLC.

55. Charles Hughes to Head Rhodes’ Memphis Center -

Dr. Charles L. Hughes has been named director of Rhodes College’s Memphis Center, an academic hub focused on the human experience of the Memphis and Mid-South region. He will be teaching classes on Memphis history and culture, coordinating student projects and developing programs, and also will be continuing his own research on the area.

56. Biomedical Company Expanding in Southeast Memphis -

Cognate Bioservices Inc. is launching a 32,500-square-foot expansion at its manufacturing facility at 4600 E. Shelby Drive in southeast Memphis near Lamar Avenue.

57. Methodist Healthcare Buys Office Building From Belz -

5865 Shelby Oaks Circle
Memphis, TN 38134
Sale Amount: $4 million

Sale Date: June 30, 2015
Buyer: Methodist Le Bonheur Healthcare
Seller: Belz Investco GP and Bico Associates GP
Details: Belz Enterprises and a partner have sold a Memphis office building to Methodist Le Bonheur Healthcare for $4 million.

58. Shelby County Home Sales Jump 13 Percent in June -

Fueled by an apparent surge in consumer confidence, home sales in Memphis and Shelby County jumped significantly in June.

There were 1,792 home sales recorded in Shelby County last month, a 13 percent increase from the 1,586 sales recorded in June 2014, according to real estate information company Chandler Reports, chandlerreports.com.

59. Ikea Seeks $16 Million Permit For First Memphis Store -

Future Ikea Store
On 42 Acres In Cordova
Permit Cost: $16 million

Application Date: July 2015
Owner/Tenant: Ikea
Details: Ikea is moving forward with its massive retail store in Cordova.

60. Dog Daycare Bringing New Life to East Memphis Retail Center -

A new doggy daycare and camp is coming to East Memphis.

Becky and Tim Simcoe have leased 8,875 square feet at the Balmoral Shopping Center at Quince Road and Ridgeway Road in East Memphis to open a Camp Bow Wow franchise.

61. Hillwood Pays $17.7 Million for FedEx SupplyChain Facility -

5050 E. Holmes Road and 0 Lamar Ave.
Memphis, TN 38118
Sale Amount: $17.7 million

62. Small Changes for Shelby County Housing Market -

For years Dick Leike has maintained that Memphis is not a boom or bust housing market. Instead of large increases or dips in sales numbers or prices, Leike said Memphis and Shelby County typically experience smaller swings.

63. Inspector Anxiety Bites Both Buyers and Sellers -

Almost all home sales stipulate that a home inspector will evaluate the condition of the house. The person who coined the “fine-toothed comb” phrase may well have had visions of these detectives crawling into places fit neither for man nor beast and ascending high into the heavens shingle by shingle.

64. Snapshot: Memphis-Based Public Companies -

Here's a look at what's going on at the dozen public companies headquartered in Memphis:

AutoZone Inc.

AutoZone Inc. is one of the largest auto parts retailers and distributors in the U.S., with a store count of 5,476 as of Feb. 14. Since 1998, the company has repurchased $15.7 billion worth of its own shares. At the end of March, AutoZone continued its share buyback program with the authorization to buy back another $750 million in company stock. The company followed that news with plans to pursue a $650 million debt offering to be used for “general corporate purposes.” – Andy Meek

65. Finding Dream House Becomes a Nightmare -

As has been documented, there are more buyers than sellers these days, hence more demand than supply.

While the sales figures are well-reported and month after month seem to report the same news of sales going skyward along with prices, the humanity side of the equation is often lost.

66. Don’t Let Foundation Issues Scare You Away -

The act of getting a home under contract in our current residential real estate market environment is considered by most buyers as a significant achievement.

As was the case in the home featured in the “Sale of the Week,” many homes are selling for more than list price in bidding wars. In order to get to that point, the buyers had to identify a home that met their needs in an area they found desirable. That’s no small task.

67. Real Estate Market Shows Signs of Strengthening -

Memphis and Shelby County home sales in April were slightly off last year’s pace, though pricing improved and foreclosure sales continued to plummet, according to real estate information company Chandler Reports.

68. Real Estate Industry Emerges From Frigid Winter With High Hopes -

Overall home sales in Shelby County were essentially flat in the first quarter while homebuilding activity increased, despite arctic temperatures in February and March that could have put the residential real estate sector in the deep freeze.

69. Escalation Clause Adds to Real Estate Craziness -

How crazy is it out there (there being the residential real estate market, of course)?

It is wild, and as Kent McMillin, a successful – and busy – loan officer with Farmington Financial says, “Almost every potential buyer finds himself in a predicament.”

70. US Home Sales Bounced Back in March, But Can the Gain Last? -

WASHINGTON (AP) – U.S. home sales bloomed in March after a brutal winter, a sign of possible newfound momentum for housing.

Sales of existing homes jumped 6.1 percent last month to a seasonally adjusted annual rate of 5.19 million, the National Association of Realtors said Wednesday. The gains were solid enough to suggest that housing might be returning to stable footing after enduring a boom, a bust and a stubbornly tepid recovery over the past dozen years.

71. REIT Acquires Three Hotels for $39.6 Million -

7905 Giacosa Place, 5320 Poplar Ave. and 7855 Wolf River Boulevard
Memphis, TN
Sale Amount: $39.6 million

72. Shelby County Home Sales Surge In March -

Shelby County home sales activity surged in March when compared to last year, with the number of sales and the average sales price showing gains.

There were 1,293 homes sold in March, up 8.4 percent from 1,193 homes sold in March 2014, according to real estate information company Chandler Reports, www.chandlerreports.com. March home sales were up 32 percent from the 980 homes sold in February.

73. One (Day)-and-Done Home Sales Drive Buyers Nuts -

With the dismal winter behind us, and trees beginning to glow with greenery, many are hoping the spring will sprout some listings.

In the past few months, the lack of inventory and the market’s avaricious appetite have driven frustrated buyers to the point of anger. March Madness has a new meaning with buyers at wit’s end.

74. Sweet Potato Baby Cooks Up Awards -

Aryen Moore-Alston, executive chef and owner of Sweet Potato Baby, recently received two honors for the boutique catering and baked-goods company she opened in Memphis last year.

Sweet Potato Baby was named a winner of the American Small Business Championship by SCORE, a national organization that mentors entrepreneurs and small-business owners. It was also named to the Greater Memphis Chamber’s “10 to Watch” in 2015 list, which recognized companies and organizations that stood out in 2014 for their leadership in the community.

75. Surprising February Home Sales to Continue Through March -

February sales are up again, this time by 12.6 percent compared to last year’s sales for the same month, according to Greater Nashville Association of Realtors sales figures.

What is surprising to those who monitor such data is that the total number of sales is 2,091 units. As recently as 2011, that number was 1,134, up from 2009 and 2010. Such a number was formerly reserved for months like April, the beginning of the spring market, and April only reached a number as high as 2,091 in 2012.

76. Space Race -

Businesses looking for office space in Nashville are learning a painful lesson that homebuyers already know – prices are high, and if you take time to shop around for a better deal, someone else is likely to snap up the property, leaving you out in the cold.

77. Nashville Mayor’s Race Exposes Unpleasant Problems -

In six weeks or so, the Greater Nashville area will learn what a snowmegeddon can do to area home sales.

With a quarter of the month frozen, it was hard for buyers to let it go and embark upon a house hunt. March closings, reflecting February sales, will be released in early April and might slow the freight train that the residential real estate has been riding for almost three years.

78. Flexing Its Muscles, LA Fitness Eyes Third Store -

LA Fitness is eyeing a property in the heart of East Memphis for its third Memphis-area location.

The California-based fitness center chain is considering opening its third store in the Memphis market at 1285 Ridgeway Road, according to sources.

79. County Home Sales Dip in January -

Fewer homes were sold in Shelby County in January when compared to last year, but pricing remained strong.

There were 1,018 homes sold in Shelby County in January, down 7.5 percent from 1,100 sales in January 2014, according to real estate information company Chandler Reports, www.chandlerreports.com.

80. Growth is Great, But Where Will Workers Live? -

For the past two years, developers, property owners and Realtors alike have been treated to what some call the best real estate market in the country. Sellers are realizing astronomical returns on their investments as they shed properties that they have been strapped with for years.

81. $42 Million Permit Filed For Target Fulfillment Center -

5461 Davidson Road
Memphis, TN 38118
Permit Amount: $42 million

82. Make Sure You Really Have Closure at Closing -

The closing attorney is the final piece of the puzzle in a real estate transaction – and the most important. If the closing attorney fails in that role, the transaction might not occur, even if both parties – buyer and seller alike – sign every document.

83. Multiple Factors Create Strong Fourth-Quarter Home Sales -

Shelby County recorded a jump in homes sales in the fourth quarter when compared to the same period in 2013.

Shelby County recorded 3,944 home sales in the three-month period, up 9.6 percent from 3,600 sales in the fourth quarter of 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

84. Foreclosure Sales Drop 26 Percent in Shelby County -

Fueled by a steep drop in foreclosure sales, fewer homes were sold in Shelby County in 2014 when compared to 2013.

There were 15,702 homes sold in Shelby County in 2014, down 1.2 percent from 15,896 homes sold in 2013, when Shelby County hit a five-year high in sales, according to real estate information company Chandler Reports, www.chandlerreports.com.

85. OK, It’s a Great House! Can We Please See It? -

In Nashville real estate circles, it is difficult to say goodbye to 2014. We loved that 2014 and she was wonderful.

Missing her already, we hope she returns in 2015. But for the current trend to continue, Nashville is going to need some inventory.

86. Conn’s Inc. to Open Second Store in Memphis -

Specialty retailer Conn’s Inc. will open a second store in Memphis, the second of possibly three stores the Texas-based home appliances and furnishings chain plans to open in Tennessee.

87. Shelby County Home Sales Slow in November -

After an unusually strong October for home sales, activity in Shelby County cooled in November.

Memphis and Shelby County home sales were down 7.8 percent in November, with 1,034 sales recorded for the month, compared with 1,115 recorded in November 2013, according to real estate information company Chandler Reports, www.chandlerreports.com.

88. Appraisals Trail Amount Middle Tennessee Buyers Willing to Pay -

There are a few hot topics from the real estate world this week, the first being that appraisers seem to have hit the wall on the rampant price inflation.

With less inventory and more sales, sellers are resting in an enviable position inasmuch as buyers are forced to pay whatever is asked, or more, in order to acquire properties.

89. This week in Memphis history: November 28-December 4 -

2006: Memphis Mayor Willie Herenton and former heavyweight boxing champion Joe Frazier boxed at the Peabody Hotel in an exhibition for the Shelby County Drug Court.

90. Stonewall Jackson's Little Slice of Heaven in Brentwood -

“Everybody has to meet his Waterloo,” sings honky-tonk hero Stonewall Jackson in his breakthrough No. 1 hit back in 1959.

Of course, that line, the entire song really, means everybody must meet his or her fate someday.

91. Enjoy Low Interest Rates While They Last -

In what has become expected in this post-Recession boom, home sales continue to set records each month with no end in sight, based on October sales figures from the Greater Nashville Association of Realtors.

92. Insurance Costs Might Leave Your Deal All Wet -

If a tree falls in the woods and no one hears it, is there sound? That’s a question for the ages.

If a tree falls onto a neighbor’s house, whose insurance pays? That one is not debatable. It’s the insurer of the damaged home.

93. Shelby County Home Sales Rise 10 Percent in October -

Home sales activity in Memphis and Shelby County certainly wasn’t spooky in October, with sales up 10 percent compared to the same month a year ago.

Memphis and Shelby County recorded 1,479 homes sales, up 10 percent from 1,343 in October 2013, according to real estate information company Chandler Reports, www.chandlerreports.com. The 1,479 homes sold in October is down 4 percent from 1,543 in September.

94. Not Closing on Time? Little Issues Can Lead to Big Snags -

Here is a scary Halloween tale: Many real estate transactions do not close on the actual date specified by the legally binding contract.

This is not a recent phenomenon and has occurred since the time buyers required funding by third parties to purchase homes.

95. Sprouts Farmers Market Applies for Building Permit -

3150 Village Shops Drive
Germantown, TN 38138

Project Cost: $1.5 million

Applied: Oct. 14, 2014

96. Waterford Place Apartments Sells for $28.3 Million -

The 320-unit Waterford Place Apartments in Southeast Shelby County has sold to an entity affiliated with Chicago-based Trilogy Real Estate Group for $28.3 million, or about $88,438 per unit.

TMF III Waterford Place Partnership purchased the complex in an Oct. 16 special warranty deed from WRF-Waterford Place LLC, an entity related to Boston-based real estate investment trust Winthrop Realty Trust. Winthrop bought the property in April 2012 for $21.5 million.

97. Silver Lining -

Fueled by a steep drop in bank sales, Shelby County home sales slowed slightly in the third quarter compared to the same three-month period in 2013.

There were a total of 486 bank sales in the quarter, as opposed to 752 in the same period last year, a decrease of 35 percent, according to real estate information company Chandler Reports, www.chandlerreports.com.

98. Home Sales Spike Surprises Realtors -

In welcome – if not slightly surprising – news for the local housing market, home sales jumped in September as housing values continued to rise, providing a measure of relief for a market that has endured slower-than-expected activity.

99. Marx-Bensdorf Expands in East Memphis -

A prominent Memphis realty company has expanded its presence in East Memphis. Marx-Bensdorf Realtors has grown in the office building at 5860 Ridgeway Loop Blvd. by 526 square feet, bringing its total to 4,653 square feet.

100. Asking for Moon Might Leave You Grounded -

There were 3,226 closings in August, Greater Nashville Association of Realtors numbers show, up 4.6 percent from last August. It could have increased 24.6 percent if there were more listings.

“Inventory is continuing to decrease,” GNAR president Hagan Stone notes. “There is demand from buyers.”