Wednesday, March 13, 2013

Memphis-area new home permits flat

Shelby County homebuilders filed 70 new home permits in February, according to the Memphis Daily News.That is essentially flat compared to February 2012, when the number of home permits filed was 72.According to the Chandler Reports, February home permits averaged 3,142 square-feet and $222,975. Builders sold 39 new homes in February averaging $284,664 and totaling $11.1 million.

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

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