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Editorial Results (free)

1. Smaller, Greener Homes New Focus for Builders -

The characteristics, features and sizes of new homes are evolving, according to a recent survey from the National Association of Home Builders that delves into what is anticipated for the industry by the year 2015.

2. Low Home Sales Yield Slow Job Growth -

As the unemployment rate for the construction industry climbed to 17.2 percent in September, local construction experts say the residential numbers are a direct reflection of sales activity.

The construction industry lost 21,000 jobs in September, and over the past 12 months, the industry has lost 210,000 jobs, according to the most recent employment report by the U.S. Department of Labor.

3. 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.

4. Bobbi Gillis Chosen to Lead CCC Board -

On the heels of the Center City Commission landing a new president, the Downtown development agency has added more new blood to its leadership with the selection of a new chairman for its board of directors.

5. Residential Building Sees Uptick in February -

No other industry has been clamoring for spring more than homebuilders.

The horrid weather to start the year has prevented some companies from starting every home they hoped to get into the ground, so the recent rise in mercury has also raised their spirits.

6. 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.

7. Homebuilders Work Toward Much Greener Mentality -

A Memphis company last week forged an important milestone for the sustainable building movement when the National Association of Home Builders certified the 500th home in the U.S. through the organization’s National Green Building Program.

8. City Closer to Erasing Public Housing -  

On paper they’re called mixed-finance properties. A smaller front in the city’s 10-year effort to change the face of public housing in Memphis, they are the sites of four smaller public housing projects in different parts of the city, ranging from 100 units to nearly 300.

This week, city leaders and others cut the ribbon on the new Austin Park Place development in Southeast Memphis. The development of 71 new rental homes including 68 duplex units is built on the site of the old Horn Lake Heights public housing development.

Housing and Community Development director Robert Lipscomb called it “another step in our journey to get rid of public housing.”

“We’re almost there. We only have a few more sites to go before we can eliminate the words ‘public housing’ from our vocabulary,” he told a crowd of 50 people in a tent at the newly built intersection of Latrobe and Leclare drives. “Wouldn’t that be great?”

Eradication effort

Lipscomb recalled the old 80-unit townhouse project that was the site of a 1998 firebombing that killed three children and one adult in a townhouse packed with eleven people. Six others in the unit were injured.

“This place was firebombed. … I was in shock,” Lipscomb recalled. “We’ve gone from firebombing to rebuilding what we call public housing. It’s not public housing. It’s affordable housing.”

Construction on the $12 million project began in August 2008 after everything on the parcel of land on Horn Lake near Third Street was demolished.

The nonprofit Memphis Land Bank Inc. awarded the construction contract to City Housing LLC, a partnership between FaxonGillis Homes and Dean Tutor. The Memphis Housing Authority operates Memphis Land Bank.

Part of the development was financed with low income housing tax credits, which require the rentals to be limited to families with incomes 60 percent or less of the area’s median income. Median income in metro Memphis is $45,725, according to the most recent U.S. Census data.

The tax credit through the Tennessee Housing Development Authority (THDA) was what got SunTrust Community Capital interested, said Ellen Ward, assistant vice president at SunTrust Bank. The bank gets a tax credit against its Tennessee tax liability and the loan comes with a .5 percent interest rate.

“This is our first one. But we are entertaining taking out some permanent pieces on a few of the other properties around here. Hopefully we’ll do new ones if there is more to be done in the future,” Ward told The Daily News. “Naturally, anytime the real estate market goes down, you’ve got a little more risk on your hands. … Having the land bank and the housing authority behind it brings a lot of strength to the table.”

Journey continues

Memphis Land Bank has been one of the entities involved in the demolition of all but two of the city’s public housing projects, not counting four high-rises for senior citizens, begun during former Mayor Willie Herenton’s administration.

Cleaborn Homes and Foote Homes are the only two housing projects still standing and are part of the ambitious, 10-year, $1 billion proposal called Triangle Noir. It would demolish and replace both housing projects with mixed-use, mixed-income housing to help spark commercial and residential development in the broader south Downtown and South Memphis area.

The larger developments of 450 to 900 units were rebuilt with a mix of federal funds under the HOPE VI program administered by the U.S. Department of Housing and Urban Development (HUD) and private financing, said Molly Beard, executive director of the Memphis Land Bank.

Earlier this week, the city received another $8 million in federal funding from HOPE VI for the next phase of Legends Park, the mixed-use, mixed-income development built on the site of the old Dixie Homes housing project near the Downtown Medical Center.

The smaller developments like Austin Park Place are financed with money from a different HUD program and private financing.

‘Not giving up’

The Austin financing was a mix of $6.2 million in HUD money with $5.9 million in private funds.

For all six smaller developments, including Austin, the city has $16.2 million in HUD or public money and $44.5 million in private financing.

Tonnie Carter, a working single mother of six who now lives in the University of Memphis area, was among those who waited in line to apply to live in the new development.

Her goal was “to be someplace where you can pull in your own drive in front of your own door.”

“Five o’clock in the morning I was here with my Barney blanket, my water bottle and my muffin,” Carter said. “I think what used to be public housing is for young girls who are trying to get on their feet. I’m 35 years old. I want to be there. I want to set examples for my children. I know it’s hard but I’m not giving up.”


9. Morgan, Vintage Homes Stays on Top in Trying Times -

Charles Morgan learned the homebuilding business from the ground up – literally.

The 58-year-old owner of Vintage Homes LLC began a nearly lifelong building career as a young boy working for his father’s framing and foundation subcontracting company. Morgan’s grandfather also worked in the framing and foundation field, so the basics of homebuilding run in his blood.

10. Q2 Building Permits Continue Downward Trend -

The homebuilding industry in the mid-2000s distinguished itself through a record-setting pace – each year it seemingly topped the previous one in terms of housing starts.

Now, the converse of that is true as builders consistently set new lows because of the ongoing housing crunch and credit crisis.

11. Riviana Continues Work On Rice Processing/Distribution Plant -

2371 Prospect St.
Memphis, TN 38106
Permit Amount: $3.5 Million

Project Cost: $67 million
Permit Date: Applied June 2009
Completion: 2010
Owner: Riviana Foods Inc.
Tenant: Riviana Foods Inc.
Contractor: Linkous Construction Co. Inc.

12. MAHBA Mothballs First-Time Buyer Program -

As if builders didn’t have enough headaches, a new program launched last month by the Memphis Area Home Builders Association to increase home sales had to be scrapped because of a legality.

Don Glays and Stephen Hodgkins, MAHBA executive director and president, respectively, said a program in which the trade association would lend $8,000 of down payment money to homebuyers and recoup the money through the federal tax credit was rejected by the U.S. Office of Management and Budget.

13. FaxonGillis Files $3M Loan for 29 Homes -

FaxonGillis Homes Inc. has filed a $3 million construction loan through SunTrust Bank as a refinance of 29 homes in two neighborhoods, Southern Heights Subdivision in Westwood and Riverwood Farms Planned Development in Cordova. The loan was dated June 5.

14. Vesta Home Show to Kick Off in Arlington Today -

This year’s Vesta Home Show will achieve a couple of “firsts” – the first show in Arlington and the first to feature all “green” homes.

The eight-home show, set for the fall, kicks off today with a groundbreaking ceremony at 10 a.m. at the Villages of White Oak, a $24 million, 326-acre, 700-home development just north of Interstate 40 near the Shelby-Fayette county line.

15. Building Permits Consistent With ‘08 Doldrums -

Stephen Hodgkins, owner of Oaktree Homes LLC and president of the Memphis Area Home Builders Association, traveled to Washington last week with a contingent of builders to present ways the housing market could be repaired.

16. Local Building Reaches Historic Low -

The past 12-month period was the worst stretch for homebuilders in more than three decades, with permits totaling just 830 between December 2007 and November 2008.

That marks the only year housing starts didn’t reach 1,000 dating back to 1974, when permit figures were first available from real estate information company Chandler Reports, www.chandlerreports.com.

17. Fewer Permits Hint at Building Correction -

Shelby County’s homebuilders are doing what they can to reduce inventory, as their sales have outpaced starts for the fifth quarter in a row, a key indicator for housing recovery.

But new home supply remains high in Shelby County, meaning builders will need to continue those efforts – perhaps even ramp them up – before the market bottoms out and starts its upward climb.

18. Q3 Building Permits Plummet -

Listen to homebuilders’ language and it’s easy to discern their problems. Instead of using terms such as “expanding operations” and “ramping up production” – as they did a few years ago – builders now resort to phrases like “hunkering down” and “scaling back.”

19. City Housing Begins $9M Westwood Property -

General contractor City Housing LLC has begun site work on the $9 million Austin Park Place, a 71-unit, low-income rental community in Westwood along the west side of Horn Lake Road between Raines Road and Shelby Drive.

20. Addington Joins Memphis Heart Clinic -

Dr. M. Brent Addington has joined Memphis Heart Clinic. Addington is board certified in internal medicine, cardiovascular disease and interventional cardiology. A native of Memphis, he has been in private practice for more than 20 years in the Memphis community.

21. Building Permits Down 72 Percent in Q2 -

If the county’s new subdivisions sound quieter than usual – free from the cacophony of summer construction – look no further than the most recent data showing how housing starts have come to a screeching halt.

22. White Oak's Developers To Showcase New Homes -

The Villages at White Oak in Arlington is unveiling five model homes to give visitors to Shelby County's newest subdivision something to see and feel.

Scheduled for later this month, the open house marks a major milestone for the $24 million, 326-acre, 700-home development just north of Interstate 40 near the Shelby-Fayette county line, said White Oak development coordinator Tommy White.

23. Banks Remain Top Home Sellers in Local Market -

The list of Shelby County's top residential sellers for February was once again highlighted by banks and trust companies - not homebuilders - extending a trend that sprouted last year in the wake of rising foreclosures.

24. Builders Optimistic Despite Numbers -

The homebuilding industry has taken so many public relations hits in the form of failing companies and sagging sales that Shelby County's latest round of figures doesn't seem too terrible by comparison.

25. Builders' January SalesFall Short of 2007 -      Residential building in Shelby County for January dropped by 13.6 percent from last year's mark. Sales by builders totaled 95 for the month, down from the 110 homes sold by builders in January 2007, according to the late

26. Vintage Homes, FaxonGillisConsolidate by Trading Lots -      Vintage Homes LLC and FaxonGillis Homes Inc. are consolidating their work in two closely placed subdivisions in what amounts to trading lots.
     Vintage bought 20 lots in Richwood Hills Pla

27. Down Time -

It was the year the Cordova headquarters of Shelby County's largest homebuilder was foreclosed and sold at auction.

Yet 2007 was the same year that four homebuilders broke ground on the massive six-phase Villages at White Oaks development near Arlington.

28. Numbers Confirm That '07 Construction Went From High-Octane to Running on Fumes -

As president of one of Memphis' largest homebuilders and a 35-year industry veteran, Jerry Gillis of FaxonGillis Homes had no trouble summing up construction activity during the past year: "It started out with a bang and ended with a whimper." Indeed it did.

29. FaxonGillis Buys 27 LotsIn Arlington Community -      White Oak General Partnership sold 27 lots in The Villages at Whiteoak for $1.4 million to FaxonGillis Homes Inc. on Sept. 21. The lots comprise phase one of the project, which is slated for completion by early 2009. 30. Slippery Slope -

For numerous homebuilders, the Mid-South Parade of Homes can't come soon enough.

As home sales continue to slide, the buzz created by the debut of this four-county, 161-home bonanza - with its wide variety of builders, locales and price points - could be the shot in the arm that many companies need to finish the year strong.

31. FaxonGillis NamedBest Place to Work -      FaxonGillis Homes of Cordova was ranked the best workplace in America by Professional Builder magazine. The award was announced in the magazine's August issue.
     "It was a surprise and an

32. Despite Housing Downturn, Plans Unveiled for 600-lot Development in Arlington -

At a time when builders are scaling back nationally because of sagging home sales and the slowing economy, an ambitious subdivision in Arlington is about to take shape.

The $24 million, 326-acre Villages at White Oak is an expansive residential, retail and office development just north of Interstate 40 near the Shelby-Fayette county line.

33. Down But Not Out -

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.

Gillis, president of FaxonGillis Homes and a 35-year industry veteran, wasn't overly concerned about the downward spiral that resulted in 56.9 percent fewer permits filed between April 1 and June 30 than in the same period last year, according to Chandler Reports, www.chandlerreports.com.

34. EcoBUILD Home Standards Prove Energy Efficient -

Now that the program's first study has been completed, Memphis Light, Gas & Water's EcoBUILD new homes program has exceeded the utility's own expectations.

A study completed in mid-December showed that houses built according to EcoBUILD standards consumed 34 percent less electricity and 56 percent less natural gas in one year than other homes.

35. Sam Davidson NamedPresident of FaxonGillis -      Jerry Gillis, president and CEO of FaxonGillis Homes, announced Tuesday that Sam Davidson has moved into the roles of president and chief operating officer at FaxonGillis. Davidson has been in the homebuilding industry f

36. Total Building Permits Down -

The Bill Morris Parkway corridor soon will be home to a new luxury car dealership.

The Bluff City Jaguar-Land Rover on Quince Road should be open by the first of 2007, said Harrell Schaeffer, who owns it.

37. Total Building Permits Down -

The Bill Morris Parkway corridor soon will be home to a new luxury car dealership.

The Bluff City Jaguar-Land Rover on Quince Road should be open by the first of 2007, said Harrell Schaeffer, who owns it.

38. FaxonGillis BuysWhisper Ridge Lots -      FaxonGillis Homes Inc. has bought 10 lots in Gerland Creek Planned Development phase seven, also known as Whisper Ridge, from Whisper Ridge GP for $396,900. The builders also filed a $2.1 million construction mortgage th

39. Developers Take Different Tacks on Tree Preservation -

It's easy to paint developers and builders as the bad guys, especially when they knock down a stand of trees as the first step in building a neighborhood. But some developers make it a point to work around trees, while many others have practical reasons for clearing space.

40. Coalition for a Better Memphis Ratchets Into High Gear as Election Campaigns Heat Up -

In politics, there's always tomorrow.

It seems like only yesterday when in January a fledgling group of civic and business leaders laid out, in a presentation at the University of Memphis, what was more or less a rarity in local politics: their plan to craft a comprehensive voters guide, one that would be distributed free to anyone planning to vote in the May elections.

41. Archived Article -

Two loans for
Kirby Gate center
Loan Amounts: $5 million; $1 million

Loan Date (for both): March 28, 2006

42. On the Way Down -

A number of notable building permits have been filed in the Memphis area during 2006's first quarter.

The State of Tennessee filed a $23 million permit for property at 951 Court Ave. in March and is planning to build the new Memphis Mental Health Institute on the site, said John Hundley of TRO, the project's architect.

43. Archived Article -

4200 Trenton Drive
Bartlett, TN 38135
Cost: $17.3 million

Borrower: Belvedere Apartments Inc.

Lender: LaSalle Bank NA

44. Archived Article -

8920 Walnut Grove Road
Cordova, TN 38018
Cost: $25.8 million

Buyer: USA Walnut Hill LLC and 18 other limited liability companies

45. FaxonGillis PurchasesRiverwood Farms Lots - FaxonGillis Homes Inc. has purchased 22 lots in Riverwood Farms Planned Development from Cordova Associates GP for $1 million. The property, which is in phase three of the subdivision, is part of 332.86 acres Cordova Associates bought in 1983 for $61

46. Archived Article -

Thousand Oaks Boulevard (three addresses)
Cost: $28.6 million

Buyer: Talcott III Thousand Oaks LP

Seller: Glenborough Properties LP

47. '05 Construction Activity Steady in Shelby -

Despite all the hype that outlying counties are more attractive to homebuyers because of property taxes in Memphis, cutbacks on city services and local politics, new home construction appears to be moving at a steady clip.

48. FaxonGillis FinancesLots in Ewing Place - FaxonGillis Homes Inc. has filed a $4 million construction mortgage through Independent Bank for 11 lots in the Ewing Place Subdivision in Arlington. The property - 10 lots in section one and one lot in section two of the subdivision - is part of 102

49. FaxonGillis FinancesSouthern Heights Lots - FaxonGillis Homes Inc. has filed a construction mortgage for six lots in phases four and six of Southern Heights Subdivision through AmSouth Bank for $1.2 million. FaxonGillis purchased the lots for $201,000. The property is part of 172.67 acres quit

50. FaxonGillis Buys Lotsin Southern Heights - FaxonGillis Homes Inc. has purchased 11 lots in phases four and six of Southern Heights Subdivision from Legacy Land Development LLC for $368,000. The sale was financed by one construction trust deed through AmSouth Bank for $2.1 million. The lots we

51. Final Phase Under Way in Riverwood Farms -

Five lots in
Riverwood Farms
Cost: $1.1 million

Borrower: Terry & Terry Inc.
Lender: Trust One Bank
Trustee: George M. Klepper III
Property: Five lots in phase three, area B, of Riverwood Farms Planned Development. The deal is part of the final phase of development in Riverwood Farms, located off Dexter Road near Macon Road and Germantown Parkway.
According to Billy Perry, executive vice president of Terry & Terry Inc., Belz Enterprises developed the remaining lots.
Perry said the final homes will be built by Terry & Terry, which bought 17 of the 51 lots, and FaxonGillis.
"The homes are going to be in the 3,000-square-foot range," he said. "Some are a little bigger and some may be slightly smaller."
The homes are expected to sell for $240,000 to $280,000, he added.
Perry said Terry & Terry is trying to build as many three-car garage homes as possible because the development company believes that's what fits the market right now. The company is glad to be building in Riverwood, Perry said, because of its homeowners association and appearance.
"It's probably got the best identity of anything in Cordova," he said.

52. Construction Sees Second Quarter Decline -

Second quarter building activity saw a slight decrease this year compared with the same period in the past two years, according to The Daily News Online, www.memphis

The total number of permits filed in second quarter 2005 was 2,919, down slightly from the 3,083 filed in second quarter 2004 and 3,318 in second quarter 2003.

53. Archived Article: Real - Summer Residential Real Estate Forecast

Mortgage Rates, Gas Prices Affect Home Sales


The Daily News

Forecasting and predicting are a tricky business, an inexact science based on trends, expertise and gut feel. With home sale...

54. Archived Article: Lead - Building Activity Slowed During First Quarter

Construction Slows in First Quarter

More building activity moves across county lines


The Daily News

After multiple quarters of rapid growth, construction activity in Shelby Cou...

55. Archived Article: Lead - Downtowns Claridge House Readies for Condos

Claridge House Up for Condo Conversion

Property targets second-home buyers, Downtown workers


The Daily News

Homebuyers shopping for a Downtown residence soon will have yet anothe...

56. Archived Article: Real - Home Building Outlook is Strong

Home Builders Ready for Another Strong Year


The Daily News

Last year was a good year for the home building industry in Metro Memphis, and the boom should continue into 2005, especially if the f...

57. Archived Article: Lead - By Amy Oliver

Uptown Replaces Blight With Beauty

Newest project in area renaissance nears completion


The Daily News

Development in a once-blighted community in Downtown Memphis is transforming the neighborhoods there into s...

58. Archived Article: Real Recap - 7491 Wyndhurst Place

Germantown Apartments Sell for $20.7 Million

7491 Wyndhurst Place

Germantown, TN 38138

Cost: $20.7 million

Buyer: Empirian Colonnade LLC, with an undivided 75 percent interest; and Bush Realty Colonnade LLC, with ...

59. Archived Article: Daily Digest - FaxonGillis Finances

FaxonGillis Finances

Buckingham Farms Land

FaxonGillis Homes Inc. has financed 25 lots in phases 22 and 24 of the Buckingham Farms Planned Development for $6 million, according to The Daily News Public Records Database,...

60. Archived Article: Condos (lead) - New condo development in South Downtown

FaxonGillis Plans Downtown Condos

Carolina Lofts to bring new life to former industrial area


The Daily News

In the 1920s, Downtowns South Main District was booming with trade. Today, ...

61. Archived Article: Multifam (lead) - The Living is Easy Downtown

In Downtown Memphis, the Living is Easy

Myriad housing options bring more residents Downtown


The Daily News

It wasnt all that long ago that when someone asked, Whats available in Downtown livin...

62. Archived Article: Spcl Report (lead) - Real lead

Rates Drive 03 Real Estate Growth

The Daily News sees continued momentum in 04


The Daily News

The Memphis real estate market saw heavy activity in 2003, as warranty deed transactions increased by 17 percent, acco...

63. Archived Article: Real Review - (03146063)

HUD announces home sales record for June

The Census Bureau and the Department of Housing and Urban Development released data showing that sales of new single-family homes set a monthly record, with 1.16 million homes sold in June. <...

64. Archived Article: Real Focus - Habitat, home builders construct valuable relationships

Habitat, home builders construct valuable relationships


The Daily News

Theyre accustomed to wielding hammers, hoisting roof joists and coordinating subcontractor ...

65. Archived Article: Potter's (lead) - Potters Lofts to propel S Main

Potters Lofts to propel S. Main residential growth


The Daily News

Buzzsaws, paint cans and shovels are obvious indicators of ballooning interest to live in Downtowns South Main Street Histori...

66. Archived Article: Real Focus (smith) - FOR IMMEDIATE RELEASE Memphis Realtor elected chairman of TREC By LAURIE JOHNSON The Daily News A Memphis real estate agent has been tapped to head the states governing body for real estate licensing. Betty L. Smith, principal broker of East Memphis...

67. Archived Article: Real Review Lj - Home values in the Memphis area continued to strengthen for the fourth month in a row, according to the Memphis Area Association of Realtors Home sale prices remain strong, MAAR reports Home values in the Memphis area continued to strengthen for the...

68. Archived Article: Real Focus (aging) - By LAURIE JOHNSON Home designers, builders planning for aging buyers By LAURIE JOHNSON The Daily News According to the latest U.S. Census Bureau projections, several upcoming demographic shifts are expected to throw a few twists and turns into tradi...

69. Archived Article: Housing Starts - Housing starts are slightly down in Memphis and Shelby County going into the new year, compared to the same period a year ago, with unpredictable weather cited as the major factor, according to area builders Home starts, sales slow slightly in first...

70. Archived Article: Real Review - Real Review 04-20-99 Climate Safe Memphis LLC financed $1.3 million through Union Planters Bank, securing the loan with property on Patriot Drive, according to a trust deed filed April 13 in the Shelby County Registers Office. The loan is a refinanc...

71. Archived Article: Graphic - New home sales continued their upward trend in the third quarter compared to the same period in 1997 New home sales continued their upward trend in the third quarter compared to the same period in 1997. New home sales increased from 534 sales valued...

72. Archived Article: Starts Graphic - Third quarter comparison Third quarter home starts Low interest rates and a thriving economy over the past two years have meant a boom for the housing industry. Most people are taking advantage of low rates to buy a new or bigger home. Here's a look...

73. Archived Article: Graphic - Top Sales by Home Builder Top Sales by Home Builder Shelby County July 1998 Home builder Total sales Bowden Bldg. Corp. 4,788,207 Brookfield Prop. Inc. 250,700 Bruce Upchurch Homes Inc. 139,000 Chamberlain and McCreery Inc. 504,60...

74. Archived Article: 1st Qrt Home Starts Lj - By LAURIE JOHNSON Home starts increase during first quarter Low interest rates and a strong economy have fueled sales By LAURIE JOHNSON The Daily News Shelby County housing starts increased 51 percent during the first quarter of 1998, with 1,028 sin...

75. Archived Article: Back - Home builders association Home builders association honors seven members The Memphis Area Home Builders Association recently honored seven members for outstanding contributions to the association and industry in 1997. Ron Belz of Belz Enterprises wa...

76. Archived Article: Real Briefs - Several Memphis Realtors received honors at the Tennessee Association of Realtors recent convention Several Memphis Realtors received honors at the Tennessee Association of Realtors recent convention. Bobbi S. Gillis, co-owner and principal broker o...

77. Archived Article: Real Briefs - Bobbi S Bobbi S. Gillis has been appointed an at-large trustee for the national Realtors Political Action Committee. Gillis, co-owner of FaxonGillis Homes Inc. was appointed to the post by National Association of Realtors president Russell Booth. Gi...

78. Archived Article: Real Fcs (buy V Build) Lj - By LAURIE JOHNSON Buying vs. building The widening gap between new and existing home prices may be encouraging more home buyers to consider previously owned properties By LAURIE JOHNSON The Daily News A young couple recently decided to build what th...

79. Archived Article: Real Focus Lj - lj 10/5 cates Haunted Houses Realtors can find themselves in a sticky situation when trying to sell a home with an unsavory reputation By LAURIE JOHNSON The Daily News Lately, several high-profile tragedies, such as the deaths of Nicole Brown Simpso...

80. Archived Article: Real Fcs (grays Creek) Lj - lj 10/5 cates The new frontier Construction is ahead of schedule for sewer extension into Grays Creek Basin By LAURIE JOHNSON The Daily News Over the past several years, builders have been able to only dream about development possibilities in the Gr...

81. Archived Article: Home Sales Lj - lj 10/5 cates Home sales begin year on slow note By LAURIE JOHNSON The Daily News Although Memphis area home sales recorded through the Multiple Listing Service (MLS) are reflecting a robust residential market, they also are indicating a slight slow...

82. Archived Article: Jan. Home Sales Lj - lj 10/5 cates Home sales begin year on slow note Feb. 20, 1997 -- Although Memphis area home sales recorded through the Multiple Listing Service (MLS) are reflecting a robust residential market, they also are indicating a slight slowing of the marke...

83. Archived Article: Real Briefs - The state of Tennessee has honored Bobbi Gillis, owner and broker of FaxonGillis Homes, with the Tennessee Outstanding Achievement Award The state of Tennessee has honored Bobbi Gillis, owner and broker of FaxonGillis Homes, with the Tennessee Outst...

84. Archived Article: Back - Home sales peak in 96 Home sales peak in 96 Memphis area home sales recorded in the Multiple Listing Service reached an all-time high in 1996, according to a report last week from the Memphis Area Association of Realtors. Decembers total of 780 MLS-...

85. Archived Article: Lakeland Lj - lj 10/5 cates New mall, rural feel contribute to Lakeland growth By LAURIE JOHNSON The Daily News Housing starts in Lakeland reached a near-record level in 1996, and commercial development is expected to get a jump-start during the coming year with ...

86. Archived Article: Home Sales Lj - lj 10/5 cates Homes sales strong at end of 1996 By LAURIE JOHNSON The Daily News If Memphis area real estate professionals can sell 693 Multiple Listing Service (MLS) homes in December, they will have contributed to the most productive year for loca...

87. Archived Article: Standout Gillis Lj - lj 10/5 cates Building up speed Memphis builder Jerry Gillis crowned 1996 Shelby Pro Series Champion By LAURIE JOHNSON The Daily News When executives take some time off, many relax by pursuing their favorite sport perhaps hunting or fishing for thos...

88. Archived Article: Real Fcs Hbam Lj - lj 10/5 cates The key to quality NAHB seminar to show builders how to improve the quality and value of their homes through teamwork By LAURIE JOHNSON The Daily News Memphis home builders can learn this week about how to turn the complaint, "The...

89. Archived Article: Berryhill Farms Lj - lj 10/5 cates Berryhill Farms continues to expand in Cordova By LAURIE JOHNSON The Daily News Site preparation is expected to begin within several weeks on the first phases of two new subdivisions in Berryhill Farms, an extensive development which h...

90. Archived Article: Real Fcs Women Lj - lj 10/5 cates Women in construction Women face challenges but are finding acceptance in construction industry By LAURIE JOHNSON The Daily News After spending several years fielding home buyers questions while working as a residential home designer, ...

91. Archived Article: Gray's Creek Lj - lj 10/5 cates Home building industry ambivalent about balanced growth policy By LAURIE JOHNSON The Daily News Although Memphis builders and developers would like nothing better than to see sewer lines extended into the Grays Creek area in Shelby Cou...

92. Archived Article: Lot Prices Lj - lj 10/5 cates Rising lot prices may mean higher home prices By LAURIE JOHNSON The Daily News Recent increases in residential lot prices could mean sticker shock for Memphis and Shelby County new home buyers later this year, according to local builde...

93. Archived Article: Warranty Deeds - 4-15 chg warranty deeds Rates down, entry-level new homes sales up By CAMILLE H. GAMBLE The Daily News Bowden Building Corp. sold more than $12 million in property in the first quarter of 1996, compared to the No. 2 developer, Lenox Homes, which had...

94. Archived Article: Housing Starts - 04-10 chg housing starts Cordova tops area home building for first quarter By CAMILLE H. GAMBLE The Daily News Cordova leads the area in housing starts for the first quarter of 1996 for Shelby County, with 343 building permits filed for residential ...

95. Archived Article: Real Analys - 04-09 Real analys Home builders association launches sales and marketing council By Paul Ryan Special to The Daily News The Home Builders Association of Memphis has established a new Sales and Marketing Council dedicated to serving the needs of new ...

96. Archived Article: Empty Nest Lj - lj 10/5 cates Baby Boom buyers Memphis builders see empty nester market turn into fountain of youth By LAURIE JOHNSON The Daily News When Jerry Gillis began designing his most recent "empty nester" development, he envisioned the usual home...

97. Archived Article: Residential Lj - lj 10/5 cates Cordova, Bartlett are hot properties in 1995 Future residential growth relies on sewer extension By LAURIE JOHNSON The Daily News Available sewerable land in Memphis and Shelby County, or the lack of it, has the potential to either flo...

98. Archived Article: Residential Lj - lj 10/5 cates Steady as she goes Local home construction is strong, stable By LAURIE JOHNSON The Daily News "Strong and stable" are two words that people in the construction and real estate business seem to use most frequently when describ...