This is a specific focus of a weekly MBJ edition.

When it comes to buying a house, especially a starter home, there are many considerations to wrangle with before the deal is sealed. On the financial side, there are factors such as income, the chance of getting a low rate on a home loan or possibly tax considerations. According to the IRS, in most cases, [...] [...]

The Mississippi housing market is looking up. The value of homes and the number of homes sold improved in many areas of the state in 2012. “There is no question that things are moving back in a positive direction,” said Marty Milstead, executive vice president, Home Builders Association of Mississippi. “Things are not moving at [...] [...]

The leadership of the Mississippi Association of Realtors (MAR) changes next month when Ken Austin of Pass Christian becomes president. As the owner/broker of Mississippi Coast Realty, he has been actively involved in the local and state professional associations and has an ambitious year planned at the helm of the state’s largest trade organization. He [...] [...]

While there is still no doubt it is a buyer’s market, Mississippi Association of Realtors (MAR) representatives from Jackson, the Coast and Northwest Mississippi report that home sales are improving and prices seem to be stabilizing. Home sales on the Coast are up so far this year from 2011. “Our last month tabulated was June [...] [...]

by Becky Gillette Published: June 3,2012
Tags:
While Mississippi has fared among the best 10 states when it comes to foreclosure rates since the housing bubble burst in 2007, recent indications that foreclosures in the state are decreasing come as welcome news. The largest bank headquartered in the state, BancorpSouth, Tupelo, is continuing to experience significantly lower number of home foreclosures compared [...] [...]

by Becky Gillette Published: June 3,2012
Tags: BancorpSouth, Chevis Swetman, David Turner, foreclosures, HARP II, housing bubble, John Oxford, Randy Burchfield, Regions Bank, Renasant Bank, The Peoples Bank
The flip side of the housing bubble burst is that interest rates are as low as people are likely to see in their lifetimes. That combined with the government’s HARP II program to help distressed homeowners stay in their homes are reducing mortgage amounts, and contributing to increased revenues at banks. Regions Bank chief financial [...] [...]

Jackson Association of Realtors CEO Jo Usry and dozens of other REALTORS from Jackson and around the state took part last month in a rally in Washington to urge effective measures to address the nation’s housing crisis. Here is her account of the rally and her reasons for participating: 13, 800 Realtors from across [...] [...]

by Lynn Lofton Published: February 19,2012
Tags: Bruno Mars, Hibernia Bank, kudzu, Louisiana, McComb, Mississippi, Mississippi Association of Realtors, Mississippi Business Journal, New Orleans, Noggin, Realtor Institute, Southern Methodist University, Southwest Mississippi, Vanderbilt University, Watkins Wild, Wild Realty
>> Realtor has name to fit these heady times Right off the bat, Realtor Watkins Wild of McComb says it’s okay to call him by his nickname, “Noggin,” because that’s what everyone has called him all his life. As a successful Realtor and president of the Mississippi Association of Realtors (MAR), he’s called Noggin and [...] [...]
Just how does Bob Ridgway, president of Ridgway Realty Inc., do it all? Even he is not sure. When interviewed for this article, he took time to reflect on his 40-plus years of experience in real estate and civic activities in Jackson, even though he was busy preparing to go visit a new grandson in [...] [...]

Jackson commercial Realtor Steve Kennedy laments that the market slump of the last two years robbed all the fun from the business. But while the slump may have hijacked the high times, it has left behind opportunities for profit. Lots of them, in fact, say commercial real estate professionals who took part in a recent [...] [...]