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VOL. 110 | NO. 30 | Tuesday, February 13, 1996

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02/13 Real briefs Crye-Leike Realtors reported a record sales volume of $1.58 billion for 1995, a 24 percent increase over 1994. It is the third year that the firm has exceeded $1 billion in sales, said chief executive officer Harold Crye. The companys Memphis-area offices had an increase of 13 percent with a sales volume of $1.05 billion. The companys Nashville-area offices had an increase of 53 percent with a sales volume of $532 million. The realty firm has 750 sales associates operating from its 13 Memphis-area offices and 620 associates in its 10 Middle Tennessee offices. Crye attributed the increase to low interest rates and strong economic growth in Memphis, Nashville and north Mississippi, as well as the firms expansion in Middle Tennessee. Wesley Wells of Mid South Electrical Contractors has been elected president of the Memphis chapter of the National Electrical Contractors Association Inc. Other officers and board members are vice president Don Hearn of TAM Electric Co., treasurer Ira Eastman of Tri-State A & E Works Inc., secretary Earl Scurlock, governor Claud O. McCrory III of McCrory Electric Co. and board members Bill Hawkins of American Electrical Contractors and Patrick ODonnell of Design Electrical Contractors. The Appraisal Institute will meet today at noon at Chickasaw Country Club. The guest speaker is Gary Barta, Colliervilles director of planning and development. The cost is $12. For reservations, call 685-2100. The Home Builders Association of Memphis will sponsor a seminar from 9 a.m. to 11 a.m. Thursday at HBAM offices at 776 Germantown Parkway. Gary Blume, managing broker of Reid Realtors, will explain Tennessees new agency law. For reservations, call Laurie Bradshaw at 756-4500. The Institute of Real Estate Management will meet Thursday at the Racquet Club. The meeting will feature David C. Scruggs, a partner with Evans & Petree, who will discuss property taxes. The cost is $15 for non-members. For reservations, call 684-6392.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

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