Mortgage rates are good compared to 30 years ago, and homebuyers no longer have to offer over the listing price for houses, real estate experts say.

Founded as a boarding academy, Lausanne Collegiate School now serves roughly 900 students from kindergarten through 12th grade on its 30-acre East Memphis campus.

“This is the weekend that people start thinking about buying for fall and winter,” said Kendra Vickery, owner of Spoiled Sweet Boutique in Germantown. 

“You should look forward to going to school,” said Brent Mayo, a key executive of xAI in Memphis, in talking about the company’s plans to invest in upgrades at schools near its data centers.

The Greater Memphis Chamber announced a multimillion-dollar investment by Silver Hills Bakery, marking the Canadian company’s first U.S. manufacturing location.

The mushroom queen returns with a selection of guest chefs at her Artist Table. Plus, Horn Lake gets a Chipotle. 

The Atlanta-based company will oversee security, customer assistance and more. 

More than half the money raised will go toward other university operations.

She set up her lab in an empty room. With cobbled equipment and the blood of cows, dogs and humans, she set out to work on advances in hemophilia.

Ford’s electric vehicle truck and battery plant anticipates pumping several million gallons of water daily from the aquifer during peak operations.

This Germantown barbershop has got new ideas for its new location. Plus, Germantown Station has been sold, and Champion Hills gets new leases.

Choice Health Network; Burch, Porter & Johnson PLLC., and Alliance Healthcare Services announce promotions and additions. 

After hitting roadblocks with a nearby day care and some unhappy residents, revised plans for the Union Depot addition development — and a grocery store under contract — get an approval.

Plus, the Memphis City Council also sent the first installment of capital funding to start the redevelopment of the old Southwest Twin drive-in.

One of the first three buildings erected at the University of Memphis will soon get a structural refresh and new amenities. 

Fuego Vivo is expected to open by the end of the year in the space formerly occupied by Carrabba’s Italian Grill at 5110 Poplar Avenue.

On Tuesday afternoon, a company representative, speaking on background, held a call with local reporters and took questions about the project.

Baby Jack’s owner Will Clem is retiring and selling the building at 7610 U.S. 70 after 15 years in business.

“It’s like I’m blinded by all the moving parts that are going on behind the scenes that get us to the next starting point,” said one of the developers as the team plans next steps. 

At Poppz Drinks & Sweets, an old-fashioned soda fountain meets Gen Z.

Also, Wiseacre Brewing Co. will introduce sandwich restaurant Panuzzo King, and a beverage shop, coffee by day and craft cocktails at night, will open late fall on South Main.

“I am confident in our strong foundation, long-term strategy, and talented team as we move forward into this next chapter,” said Raj Subramaniam, FedEx’s president and CEO.

FedEx continues layoffs in pursuit of two initiatives the company started two years ago to streamline operations and maximize efficiency. 

June saw more sales than the same time last year as more homes joined the market and prices grew.