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VOL. 127 | NO. 203 | Wednesday, October 17, 2012

Building Permits Remain Steady in September

By Andy Meek

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Shelby County homebuilders in September filed 78 permits averaging 3,374 square feet and $263,645, according to real estate information company Chandler Reports, www.chandlerreports.com.

The total was only a slight improvement from the 76 permits builders filed in September 2011; that month’s permits averaged 2,922 square feet and $205,342.

September’s total also surpassed August, which saw builders file 59 permits averaging 3,350 square feet and $255,814.

Regency Homebuilders LLC filed the most permits of any other builder in September, with 19 averaging 2,910 square feet and $220,949. Charles Morgan of Vintage Homes LLC and Grant Homes filed the second highest, both with six permits.

The highest performing subdivision last month was Wolf River Ranch in Collierville’s 38017, with eight permits averaging 4,043 square feet and $374,286.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 98 312 11,432
MORTGAGES 149 386 14,289
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 144 693 24,727
BANKRUPTCIES 60 244 8,676
BUSINESS LICENSES 11 93 3,864
UTILITY CONNECTIONS 0 374 13,831
MARRIAGE LICENSES 9 70 3,101

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