This is a specific focus of a weekly MBJ edition.
by Amy McCullough Published: August 29,2010
Tags:
Poor home sales taking a beating as blame is placed on new regulations Should environmentalists be concerned about banks’ carbon footprints? “Trees are dying,” said a loan originator at a small Jackson bank while pointing to a stack of home loan applications, each three inches thick. They used to be one-fourth of an inch, she [...] [...]
by Ted Carter Published: August 29,2010
Tags:
Some are calling it a Catch-22, others compare it to the chicken-and-egg debate, but the bottom line is customers with great credit are being denied the opportunity to buy houses A team of Palo Alto, Calif., researchers announced a couple of weeks ago that they’ve solved the Rubik’s Cube riddle in a series of 20 [...] [...]
by Ted Carter Published: August 29,2010
Tags:
Greenville real estate broker Betsy Alexander last week broke down the days the last three houses she sold stayed on the market: 358, 258 and 199. By most measures, that’s a long time to wait for a closing. But in Greenville’s stagnant and saturated market moving houses at that clip can put you ahead of [...] [...]
by Laura Smith Published: May 30,2010
Tags: MBJ Focus, real estate, Shellye Beach
Madison broker associate specializes in helping people design and build their homes from the start Shellye Beach was encouraged to enter a career in real estate by an agent she hired to sell her first home. “I was selling my first home, and the woman I listed it with encouraged me to get in the [...] [...]
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 [...] [...]
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