» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 138 | Tuesday, July 17, 2012

June Mortgages Up 7 Pct.

By Andy Meek

Print | Front Page | Email this story | Email reporter | Comments ()

Local banks and mortgage lenders made 7 percent more mortgages during June 2012 than they did in June 2011, according to data from real estate information company Chandler Reports, www.chandlerreports.com.

The number of mortgages rose to 750 in June 2012 from the 698 the same month last year. That bumped up the total monthly volume from a little more than $105 million in June 2011 to almost $127 million in June 2012.

The average mortgage amount also rose a little over the two monthly periods. For June 2011, it was $150,900. For June 2012, it was $169,225.

Chandler Reports is a division of The Daily News Publishing Co. Inc.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 84 369 6,105
MORTGAGES 107 461 7,302
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 196 1,019 13,309
BANKRUPTCIES 46 243 4,574
BUSINESS LICENSES 32 131 2,340
UTILITY CONNECTIONS 53 352 4,896
MARRIAGE LICENSES 26 110 1,460

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.