This is a specific focus of a weekly MBJ edition.
by Laura Smith Published: May 30,2010
Tags: housing market, MBJ Focus, Michele Rumbley, real estate
Housing numbers are up for now, but area experts aren’t predicting anything for the future Pending sales and homes sold in the Jackson metro area last month were up significantly over 2009. Homes sold in April in the area, which includes Hinds, Rankin and Madison counties, were up 19 percent over April 2009 and [...] [...]
by Laura Smith Published: May 30,2010
Tags: FOCUS, Mississippi foreclosures, real estate
Foreclosures in state are down 29 percent, but Sarrett is guarded, but hopeful, about economic future Foreclosures in Mississippi are down 29 percent from March to April, a recent report by RealtyTrac showed. Beverly Sarrett, owner of Affiliated Realty Group in Flowood, said she’s witnessed the drop but believes there’s a backlog of unlisted [...] [...]
by Laura Smith Published: February 14,2010
Tags: Clinton, Madison, Pinelake Church, Sunday services
If it’s all about location, location location, then Pinelake Church has chosen wisely MADISON — Membership growth at Pinelake Church in Flowood has led to the addition of two campuses and a proposed third campus is in the works. The church’s administration began tracking the growth approximately four years ago and noticed that members were [...] [...]
by Amy McCullough Published: February 14,2010
Tags: home buyers, Real Estate Settlement Procedures Act, Realtors, settlement costs
Significant changes to federal rules under the Real Estate Settlement Procedures Act (RESPA) took effect Jan. 1. Although the Good Faith Estimate (GFE) and HUD-1 forms were redesigned to make it easier for home buyers to understand settlement costs, the changes have made closings more difficult for lenders. According to the National Association of Realtors, [...] [...]
by Laura Smith Published: February 14,2010
Tags: Jackson Farmers' Market, research park, UMMC
One benefit is it will house researchers developing devices, ideas to be licensed to biotech companies The University of Mississippi Medical Center (UMC) is developing plans for a research park on 25 acres on the site of the old Jackson Farmers’ Market. Funding has been secured to begin the project, which will include a 75,000-square-foot [...] [...]
by Laura Smith Published: November 9,2009
Housing starts are up for September and October, which could be good news for market September and October of this year were the first consecutive months that outdid 2008 housing permits issued in the metro Jackson area — an indicator that the housing market could be improving. In 2008, 104 and 97 permits were [...] [...]
by Laura Smith Published: November 9,2009
Tags: land for hunting, land for investment, land for recreation
Land for hunting, land for recreation or land for investment has people interested The great outdoors remain an attraction for those looking to reinvest stock market funds or those wanting a family or recreational retreat. Beth McLellan, an agent with Mossy Oak Properties/Howell & Howell Estates & Land, began her career in real [...] [...]
by Laura Smith Published: November 9,2009
Tags: Madison realtors, Michele Rumbley
Madison realtor has been at the top of her game for more than a decade Realtor Michele Rumbley once flushed the keys to a property down the toilet by accident, and early in her career, she often locked her car keys in the house or took the property keys home with her. But those [...] [...]
by Wally Northway Published: August 31,2009
Tags: ARRA, tax credit
By all measures, the $8,000 first-time homebuyer’s tax credit provided under the American Recovery and Reinvestment Act (ARRA) has been just the medicine the ailing housing sector needed. The pace of existing home sales in the U.S. in July was the fastest in nearly two years. And, production and permitting for new single-family homes [...] [...]
by Clay Chandler Published: August 31,2009
Tags: Butler Snow, Colony Park, Renaissance, Ridgeland
When companies are settled, Ridgeland building will be about 70 percent occupied The 200 Renaissance at Colony Park building is about a month away from receiving its first tenants. Starting the first part of October, HORNE LLP, an accountancy and business advisory firm, will leave the Regions building in downtown Jackson and move to the [...] [...]
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