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

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 74 | Tuesday, April 16, 2013

March Mortgages Drop 8 Percent

By Andy Meek

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

From March 2012 to March 2013, the number of mortgages made in Shelby County dropped 8 percent – from 649 to 597.

March 2013 mortgage volume totaled a little more than $100 million, though, up from a little more than $97 million in March 2012.

The average mortgage amount between the two March periods rose from $149,915 in March 2012 to $167,716 in March 2013.

The top lenders in March 2013 were Community Mortgage Corp. with 69 mortgages, Magna Bank with 54 mortgages, Patriot Bank with 30 mortgages and Wells Fargo with 28 mortgages.

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 76 158 6,263
MORTGAGES 92 166 7,468
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 218 395 13,704
BANKRUPTCIES 58 113 4,687
BUSINESS LICENSES 35 69 2,409
UTILITY CONNECTIONS 60 131 5,027
MARRIAGE LICENSES 20 54 1,514

Weekly Edition

Issues | About

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